Liability insurance, and especially mall-practice insurance, would be essential to my business. * Neurology is a continuously expanding profession and this trend will most likely continue upward for some time. * Neurological disorders tend to affect the elderly most frequently. Taking this into consideration (along with the retirement of the baby-boomer generation) the demographics of my customers will most likely consist of elderly patients. The Industry & Market * The healthcare industry will almost definitely continue to expand nation-wide. * My market practice is nearly unlimited. I can increase the size of my business by taking on partners, associates, etc. * There would not be much competition to begin with, and If were to be the best, then there would be close to none. * My customer pool would consist of anyone with a neurological disorder.
Again, this mostly consists of the elderly. * My potential market penetration is high considering that many communities have a shortage of neurologists. Financial Projections * My pricing would mainly be driven by insurance companies. The likelihood of making a profit is very high considering that most neurologists make between a year. * I am unable to come up with a sales revenue forecast at tans time Owe to tense projections Dealing Tar In ten Utter; out one would need to owe created projecting from the time of startup, to three years down the road. A attention cost forecast, would depend on the cost of labor, fixed costs, malpractice insurance, other variable costs, etc. A specific number is unattainable at this time. * The gross profit of the average neurologist is roughly 15%; the net profit is typically about 7 h So the gross-net profit margin is about half. * The fixed operating expenses would consist of property tax, utilities, equipment, etc. The variable costs would be limited, most likely consisting of hiring additional staff upon expansion. * Taxes would most likely be high, but so would profits.
Hence my income would be gig regardless of taxes. Future Action Plan * The start-up capital needed typically runs around $500,000. * The sources of my start-up capital would most likely consist of loans (from the bank and from my father. ) * A strategic plan must be written specifying any steps that are to be taken but, again, cannot be written at this early a stage. * A business plan must also be written, detailing my practice head-to-toe. This will also be written at a later stage. * On a side note, a business consultant is most likely necessary to insure the success and continued success of my practice.
Delivering a high-quality product at a reasonable price is not enough anymore.
That’s why we have developed 5 beneficial guarantees that will make your experience with our service enjoyable, easy, and safe.
You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.Read more
Each paper is composed from scratch, according to your instructions. It is then checked by our plagiarism-detection software. There is no gap where plagiarism could squeeze in.Read more
Thanks to our free revisions, there is no way for you to be unsatisfied. We will work on your paper until you are completely happy with the result.Read more
Your email is safe, as we store it according to international data protection rules. Your bank details are secure, as we use only reliable payment systems.Read more
By sending us your money, you buy the service we provide. Check out our terms and conditions if you prefer business talks to be laid out in official language.Read more