Three Different Potential Venture Ideas for Adult Home Health Center
Using concepts covered in our course, student will identify and evaluate three different potential venture ideas(Adult home health center). For each, you will provide:
(1) an overview of the idea and the need that it addresses;
(2) your evaluation of its potential (compare similar businesses in your state), and;
(3) discuss how you discovered the opportunity (how you came up with the idea)
Dedicate about half a page of single-spaced text to each idea.
After this, provide a brief personal reflection/analysis that discusses which idea you think has the most potential and why.
My evaluation will be based on (1) the quality of each idea, and; (2) the logic behind your analysis of its potential.
Papers will be turned into Turnitin for plagiarism check. Turnitin Score should be less than 30%.
Adult Home Health Center
Student’s Name
Institutional Affiliation
Course Number and Course Name
Instructor’s Name
Date
Adult Home Health Center
The adult home care business is a growing venture in healthcare, thanks to the increase in life expectancy and the aging population. Older adults need medical attention and relevant assistance, including physical and social support, representing significant business opportunities. The business is based on individuals' basic needs, including making meals, cleaning, helping change, and assisting older people in walking or driving them to medical appointments. With patience and compassion, home care operators can help aged clients to live fulfilling lives.
Opening a new home care business in Texas can potentially transform the lives of many aged populations from private and public paying clients. Comparatively, most home nursing and support ventures in the state are privately operated, targeting families planning to pay for in-home services. The new venture would have the potential to include third-party payers, allowing insurance, health contracts, and agreements from state or local governments. That means allowing ...