This Business Plan Proposal presents a new venture capital in the health care industry. It discusses the proposed business plan, financial viability, and competition. The purpose is to expand health services in the US.
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Running head: BUSINESS PLAN Business Plan Name of the Student: Name of the University: Author’s Note:
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1BUSINESS PLAN Memo To: Tom Kerman, Equity and Angel Investor Group Ltd From: Universal Health Support Subject: Business Plan Proposal Purpose This is to inform you that I Leo Martins the CEO of the United Health Support present you the proposed business plan for the new venture capital. The operations of the company will be overviewed by myself and I will be looking after the management of the company. My experience in the field of Management and educational background as an MBA would be helping me in better management of the physical and financial resources of the company. The evolution of Health Care Industry globally has been growing phenomenally with improved solutions and better access to technology health companies are crossing hurdles for better long-term growth. In the Universal Health Care we will be providing various health related and family planning for the customers so that the customers can enjoy the diversity for the health related solutions provided by the company. The proposed business plan for start-up up a venture capital in the health care industry will be providing online health services on the basis of online services. Evaluation of medical reports, examining of several medical tests, balance diet chart preparation for the purpose of providing various health related solutions. The proposed business plan will be different from other competitors in the way of variety of health related advisory services, health and family planning which are not found easily found or are still some of the places which are less explored by the company. This will be the key differentiated point that will help the company in making out its business and building up customers in the growing health industry of United States. Examination of the financial
2BUSINESS PLAN viability and forecasting for the company was done by taking the financial review for the company for a period of five-years. The financial plan for the company was drawn up by taking all the sources of the revenue for the company from the various health related solutions for the company and the corresponding expenses that will be incurred by the company. The major expenses for the company will be in the form of salaries given to the medical experts of the companies. The medical experts for the companies in the field of various health related solution will be the key reason for the growth and development of the business. Financial plan for the company will be drawn up taking majority of the revenue and expenses of the company. Financial users of the company will be drawn for the company thereby taking the various company. Economic environment and the competitive environment for the company will be drawn up by taking up various macro and environmental factors directly affecting the operational activity for the company. The key macro-economic factors directly affecting the level of operations for the company will be the inflation rate, level of interest rates and the health policy prevailing in the industry. The purpose of the business plan will be to expand the health services in the US so that the various objectives and plans of the company in the pursuit of serving the people and occupying a significant portion in the US health industry will be the primary goal. On the other hand there will be other key facts that the company needs to consider that are the level of competition is quite high. The company will be facing direct competition from other competitors like Meditech, MySugr, Health Vault and Samsung Health are some of the few online health competitors operating in the US. It is crucial to note that the level of business activities undertaken by these business organisation are not exactly similar but are related on the one or other hand.
3BUSINESS PLAN In the primary stage the key steps that will be followed by the company will be the inclusion of the financial plan for the company for the period of five years of the company where the acquisition of the various assets of the company in the form of medical equipment’s, testing and medical lab equipment’s will be the key factors that will be taken into account for the company. Legal and Industry Specific rules and regulations needs to be specifically followed by the company, Universal Health Support will be taking on necessary governmental and legal approval before the start-up of the business plan. Acquiring the management team of the company will be the other key operational work that the company will be taking place for the purpose of planning out the various management team that will be taking charge for managing the company. From technical, medical to financial team the operations of the company will be done by the various employee who will be taking care for the daily operational work of the company. The potential of the business as forecasted will be significantly dependent on the level of business activity undertaken by the company. The profitability generated by the business from the first year of operations reflects the demand for the various services catered by the company and the level of operational work taken by the company. There were various factors and considerations analysed for the purpose of preparation of the business plan and after assessing the demand and the on-going health industry it will be interesting to join the health care industry. Profitability and the ling-term business growth for the Universal Health Support will be the key reason for selecting the venture capital as an best source for start-up business plan and investment. Yours Sincerely Leo Martins