Assume that you are considering the possibility of operating a small business or practice associated to health care, either as a provider of some sort of care or as a service intended to support different provider organizations in their care-delivery activities.

1. describe the type of entity you plan to establish by stating the service or services you propose to deliver and the types of clients or customers you would be serving.

2. prepare down a few sentences offering compelling reasons for your proposed venture, describing why you believe it is required and by whom it is needed. As well discuss any competition you foresee.

3. Develop an estimate of how much money you will need to become established in business, and state how you would finance your venture. As well describe your plans for maintaining your budget.

4. Create a mission or vision statement for your organization.

Guided Response: Comment on the business proposals and budgetary plans. Do you think these plans are viable? Describe the merits and demerits of these business ventures from the strategic planning and operational standpoint.