Business Plan Overview

.docx

School

Grand Canyon University *

*We aren’t endorsed by this school

Course

620

Subject

Business

Date

May 6, 2024

Type

docx

Pages

5

Uploaded by AshleyH2023 on coursehero.com

Business Plan Overview Ashley D. Henderson Grand Canyon University 620: Business/Project Plan Evaluation and Development Instructor: Robert Kautzman 1
Business Plan Overview Summary 2
Thesis A comprehensive and well-structured business plan is crucial for the success of a healthcare organization as it outlines the company's vision, mission, and goals, and provides a strategic roadmap for implementation and operations. Purpose Investigating the significance of a thorough business plan in the successful establishment and expansion of a healthcare organization by defining the company's vision, mission, and goals, and creating a strategic plan for execution and management. Business Plan Overview Summary A business plan, presented as a formal document, outlines the objectives of a business and justifies their importance and feasibility. An effectively crafted business plan outlines a comprehensive strategy and timeframe for the complete execution and functioning of a healthcare organization. An business plan will clearly convey a company's vision, mission, and objectives to the essential players involved in launching and expanding the organization. A comprehensive business plan helps organizations to obtain a thorough grasp of the opportunities and difficulties present in their market and sector. Ultimately, there exist various business plan models. Therefore, business strategies need to be customized to fit the unique characteristics of the enterprise. The project's specific requirements will decide the most suitable model (Grand Canyon University, 2020). 3
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