Can you help with a response? 200 words, 1 in text, 1 Nursing Assignment Help

Can you help with a response? 200 words, 1 in text, 1 reference

A career path in the healthcare sector as an Advanced Practice Nurse (APN) can take different routes due to the profession’s versatility. As an APN, one may choose to go the employment route, which entails working in a setting that needs an APN’s expertise. However, one may not find employment fulfilling, so the concept of nursing entrepreneurship comes to light. Research shows that nursing entrepreneurship is crucial to the healthcare sector, providing alternatives and better healthcare services where the government healthcare system fails (Vannucci & Weinstein, 2017). Similarly, Advanced Practice Nurses (APNs) may practice their profession by developing businesses to fill a healthcare sector gap. The advanced training and experience that registered APNs have may be instrumental in the APN business.

The intricacies of business are complex as they involve various things that an entrepreneur must look into throughout the business’s life. The life of a business starts with an individual having a business idea, planning on how to implement it, implementing the plan, and evaluating the performance of the different areas of operations. The business planning process is crucial as its success largely depends on it. A systems approach in business planning entails looking at the business as one large system whose operations are interconnected, and the performance of each depends on the other. The business planning process of an APN may vary due to the specificity of the business the healthcare professional intends to undertake (Hamric et al., 2013).

The first step in planning for a business in Advanced Practice Nursing is developing the goals the APN intends to achieve by starting the business. The business goals and objectives act as a guideline for business operations. The next step is identifying the product, in this case, the service the venture intends to offer the public (Hamric et al., 2013). Advances Practice Nursing has numerous areas of possible service niches that APN entrepreneurs can explore. Some services include pain management and palliative care for women’s health. Deciding on the service to offer impacts the hiring processes the business will implement to acquire the needed talent, the marketing strategies, and other areas of operations. Planning on the service/ product to offer involves conducting market research to determine where the gap lies and personal objectives align with the available business opportunity.

In the business plan’s market research, the professional must also identify the clients and market they intend to serve (Haag, 2013). The ideal clients and patients the business intends to serve must be interested in the services, failure to which there will not be a market or demand for the product. Market research entails learning the mannerisms of the potential clients and, since the business is in the health sector, how they feel short-changed with the existing healthcare services. From this information, the business can plan to provide the best possible care for them (Vannucci & Weinstein, 2017). Learning the mannerisms of the market also plays a role in helping decide the marketing strategies to be employed by the business. Additionally, in market research, the professional identifies where they may locate the business for optimal accessibility by the targeted clients. Evaluating and assessing the viability of the business plan is crucial in ensuring that any needed corrections are done before implementation.

Share This Post


Order a Similar Paper and get 15% Discount on your First Order

Related Questions

Technology for Patient Safety in Saudi Arabia Paper Nursing Assignment Help

You are the manager of a busy hospital unit.  Your unit has been tasked with selecting and implementing upgraded technology on your hospital unit.  As the unit manger, address the following in your selection of technology and implementation plan: Examine the features of the new technology that are important in

WU Detail and Dynamic Complexity Discussion Nursing Assignment Help

Are you overwhelmed by complexity? If so, you are not alone. Peter Senge notes that people are now able to “create far more information that anyone can absorb,” and he continues to say that the “scale of complexity is without precedent” (2006, p. 69). This “detail” complexity can make managing

Pediatric Health & Medical Worksheet Nursing Assignment Help

Provider: i. Questions for HPI When did these symptoms begin? Is the child experience exercise intolerance? Any shortness of breath/signs of respiratory distress? History of genetic conditions? ii. Questions for ROS Poor feeding? Any newborn cardiac concerns? Previous cardiac history? Any pain, weakness, coldness to the extremities? Fluid retention? Cough

Health & Medical Capital Budgeting at Cleveland Clinic Nursing Assignment Help

Respond to each of the following prompts or questions: Using the information provided in the Los Reyes Hospital case study from Module Three, what capital expenditures may the selected departments need to budget? Considering the organization you selected, what is a capital expenditure that may be needed that would result

NVCC Service Implementation and Elements of Financial Nursing Assignment Help

Instructions: Part 1 1.Read Chapter 10, Capko. -Critique either Dr. Grainger’s or Mid-South Pulmomary Specialists efforts in developing  new services. -What lessons did you learn as related to new service development?   -List three main items which you must address before implementing a new service.  Instructions: Part 2 -The physicians

Healthcare is reimbursed in a variety of ways. The Nursing Assignment Help

Healthcare is reimbursed in a variety of ways. The prospective payment method is one of those ways. This paper will be about the prospective payment method where diagnosis-related groupings (DRGs) forms the basis for payment. Research and explain the origin, purpose, and description of DRGs. Include what payment is based on.

NUR 630 FIU Impact on Healthcare Systems and Public Health Nursing Assignment Help

Autism Spectrum Disorder, Intellectual Disabilities, or Childhood-Onset Schizophrenia In recent years, there have been reports linking autism to vaccinations. After studying Module 5: Lecture Materials & Resources, address the following in a well-written discussion post: Explain the controversy regarding vaccines as a possible cause of autism spectrum disorder. Does the