CRAFTING A BUSINESS PLAN AND STARTING A MEDICAL PRACTICE
[Understanding Business Models, the Entrepreneurial Spirit and Obtaining Capital]
By David Edward Marcinko, Hope Rachel Hetico and Rachel Pentin-Maki
It’s not the plan that is important, it’s the planning – Dr. Graeme Edwards
The business plan is a key tool for raising start-up capital for a new medical practice or a service line extension for a mature one. It is also used for acquiring loans to finance growth of an existing practice. Although long recognized as a quintessential business tool, its formal structure and mental rigor are only now being recognized in the medical community as competition increases in the healthcare industrial complex.
There are many reasons to write a medical practice business plan. The process of gathering, compiling and analyzing information is an invaluable experience to the beginning practitioner or experienced veteran. Some specific reasons for writing a plan are included below:
More here: BOOK ORDERS [Pre-Release]: http://www.springerpub.com/shoppingcart
Dictionary of Health Insurance and Managed Care: http://www.springerpub.com/prod.aspx?prod_id=49944