Assess the competitive environment of your business

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Reference no: EM133853587

Questions:

  • Describe the mission, vision, nature of opening a long term care facility, services and/or products, stakeholders, and customers of the business.
  • Assess the competitive environment of your business (e.g., culture/social, legal/regulatory, economic, technological, and/or competitive factors) along with major competitors.
  • Identify local, state, and federal regulations or other ethical concerns in relation to the business.
  • Formulate key marketing strategies to promote your services/products.
  • Create an HR plan with projected positions for the first year of your business.
  • Develop a 1-year budget plan with an estimate of how much money will be required to establish the new business, and justify how to will finance the venture.

Reference no: EM133853587

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