Identify a small healthcare-related business


Question 1. Identify a small healthcare-related business that you might like to start. Very briefly (2-3 sentences) describe this business.

Question 2. Describe how you might go about estimating the revenue for the first year of operations. What method(s) would you use? What specific sources would you use to support your assumptions about volume and revenue per unit (e.g., visit, service, product)? Be specific about the credible source(s) of information that you would use to determine your volume and your revenue per unit/visit/etc.

Question 3. Describe how you might go about estimating the expenses for the first year of operations. What method(s) would you use? What specific, credible sources would you use to support your assumptions about key expenses. Provide at least 2 specific examples of expense estimates for your new business (e.g., labor, supply, equipment, space, overhead). Be specific about the credible source(s) of information.

 

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