Future products services business plan

Along with helping to determine whether or not an idea can be transformed into a functional company, a business plan is also used to secure capital and recruit executives. During the dot-com mania of the late s, several analysts began to criticize the many Internet -based ventures operating without a formal business plan, as well as the business investors pouring funding into these upstarts. A March study of e-commerce businesses in California revealed that most had launched operations with no business plan in place. Those who did develop e-business plans tended to produce documents much less exhaustive than their traditional counterparts.

Future products services business plan

Occupational, Physical, and Speech Therapy Home Services Personal Injury Case Management Home Services Home Medication Management Personal Assistance Services Sales Forecast It is important to state that our sales forecast is based on the data gathered during our feasibility studies, market survey and also some of the assumptions readily available on the field.

Below are the sales projections that we were able to come up with for the first three years of operations; First Year-: Please note that the above projection might be lower and at the same time it might be higher.

In order to achieve that, we will ensure that we offer top notch all — round home health care services at affordable prices compare to what is obtainable in Florida. All our employees will be well trained and equipped to provide excellent and knowledgeable home health care services and customer service.

We know that if we are consistent with offering high quality home health care service delivery and excellent customer service, we will increase the number of our customers by more than 25 percent for the first year and then more than 40 percent subsequently.

Before choosing a location for our home health care services, we conducted a thorough market survey and feasibility studies in order for us to be able to be able to penetrate the available market and become the preferred choice for residence of Miami Beach, Florida — United States of America and other future products services business plan such as Green — acres City, Miami, Jacksonville, Clearwater, Tampa, Fort Lauderdale, North Miami, West Palm Beach, Palm Harbor, Deltona, Orlando, Palm Bay and Panama City et al where our services will be available.

future products services business plan

We have detailed information and data that we were able to utilize to structure our business to attract the numbers of customers we want to attract per time. We hired experts who have good understanding of the home health care industry to help us develop marketing strategies that will help us achieve our business goal of winning a larger percentage of the available market in Florida.

Home Healthcare Agency Business Plan — Publicity and Advertising Strategy We in the home health care services business -to become one of the market leaders and also to maximize profits hence we are going to explore all available conventional and non — conventional means to promote our home healthcare services business.

As a matter of fact, our publicity and advertising strategy is not solely for winning customers over but to effectively communicate our brand to the general public. On the average, home health care service providers usually leverage on the fact that a good number of their clients do not pay the service charge from their pockets; private insurance companies, Medicare and Medicaid are responsible for the payment.

In view of that, it is easier for home health care service providers to bill their clients based on their discretion. However, in some cases home health care service providers also adopt the hourly billing cum per visit billing method. For example, it is easier and preferable for home healthcare services providers to bill personal injury case management services by the hour as against a fixed price.

Here are the payment options that will be available in every of our outlets; Payment by cash Payment via Point of Sale POS Machine Payment via online bank transfer online payment portal Payment via Mobile money Check only from loyal customers In view of the above, we have chosen banking platforms that will help us achieve our payment plans without any itches.

Start — Up Expenditure Budget If you are looking towards starting a home health care services company, then you should be ready to go all out to ensure that you raise enough capital to cover some of the basic expenditure that you are going to incur. The truth is that starting this type of business does not come cheap.

You would need money to secure a standard office facility, you could need money to acquire medical equipment and supply and you would need money to pay your workforce and pay bills for a while until the revenue you generate from the business becomes enough to pay them.

Besides it is expensive to acquire a standard well — equipped ambulance. The cost of Launching a Website: Please note that this amount includes the salaries of all the staff for the first month of operation. Marvin Clarkson and his wife Mercy Clarkson Nurse.

We do not intend to welcome any external business partner which is why we have decided to restrict the sourcing of the start — up capital to 3 major sources.The product and services section of your business plan is more than just a list of what your business is going to provide.

Especially if you plan to use your business plan to get funding or find partners, your products, and services section needs to showcase the quality, value, and benefits your business offers.

Developing new products and services There's a lot at stake when you are developing a new product or service. To minimise risks and allocate investment and resources wisely, you should consider a number of factors, including customer needs and design, whilst also clearly defining your plans.

Many firms will have several disparate pieces of a marketing plan spread throughout the organization (i.e., with the sales department, product managers, marketing department, executive leadership team, strategic business planners, etc.).

future products services business plan

Financial Products & Services Financial planning True financial planning is a comprehensive, ongoing approach that starts with helping you define your dreams, developing a plan to help you get there, then tracking your progress along the way, recommending changes where needed.

In this section of your business plan, specify why customers want or need your products and/or services. For example, do customers care most about speed, quality, location, reliability, comfort.

Product and Service Description. OBRA e-z sells a powerful suite of products to manage every aspect of the long-term care facility. The suite of products include the following: MDS Assessment Module. The MDS screen formats mirror state specific MDS forms.

The program also prints blank form.

Business Plan Section 4: Products and Services | Accion