NSG7015 - Week 9 Project

Week 8 & 9 Assignment 2

Business Plan Proposal

Student Name

NSG7015

Financial Management and Resource Utilization

Date 2025

Student Street Address

Tampa, FL 33611

Telephone: (xxx) xxx-xxxx

Email: Student@ SouthUniversity.edu

Instructor: Dr. Jose Alejandro-White

This proposal template is your opportunity to clearly articulate your idea and provide a business plan about how to successfully implement and sustain the idea. Development of Business Plans are covered in Chapter 6 of the Dunham-Taylor, Janne, Pinczuk (2023) textbook. You must provide recent scholarly support and authoritative sources of information for your proposal.

What are you trying to accomplish and why? What is the problem you are looking to solve (or, what is the outcome you are looking to achieve)? What led you to conceiving this idea? Consider: (1) data foundation, (2) main point, (3) explanatory focus, (4) linear sequence, (5) dramatic elements, & (6) visual anchors.

Describe the need for the service/project, factors impacting the need for the service/project, fiscal planning issues, and human capital issues and needs .

You may use a SWOT analysis if helpful in structuring your response (Chapter 6).

Narrative:

Provide an overview of the product or service. [add content here ]

Describe your market (Is your organization in a rural/urban area? What are the geographic characteristics, citizen demographics, payer mix, etc.)? Who are your competitors? How is the economy within your community, region or State? How do you know there is a need for your proposed service or project? How will you be reimbursed for your service ?

[add content here]

Revenue Assumptions Narrative:

[add content here]

Expense Assumptions Narrative:

[add content here]

Example Only (delete prior to submitting assignment):

What equipment (over $1,000) is required for your service/project proposal? Rationale of why this equipment needs to be included in the capital budget .

Narrative:

[add content here – If you do not have capital items associated with your proposal, then you need to provide an overview of the capital budgeting process in this section.]

Detail:

Equipment Cost Useful Life Priority

[add content here]

(

Explain the proposed staffing plan. Full Time Equivalent (FTE) = 2,080 hours (40 hours x 52 weeks).

Narrative:

[add content here – remember, this is staffing associated with the project only.]

Detail:

Example Only (delete prior to submitting assignment):

Identify the measures you can use to identify whether your idea will achieve your desired outcome, using the SMART approach:

· Specific

· Measurable

· Attainable

· Realistic

· Time bound

Narrative:

[add content here]

Why should this project be funded? What is the cost-benefit analysis? (Do not forget to support your assertions with in-text citation )

Narrative:

[add content here]

What are the risks to the organization if the project IS NOT funded?

Narrative:

[add content here]

References (Start on New Page)

(Example Only – Delete prior to submitting assignment)

Dunham-Taylor, Janne, Pinczuk. (2023). Financial Management for Nurse Managers: Merging

the Heart with the Dollar, 2nd Edition. Jones & Bartlett Learning. [Bookshelf Online].

Finkler, S., Jones, C., Kovner, C. (2013). Financial Management for Nurse Managers and

Executives, 4th Edition. [Bookshelf Online]. Retrieved from https://bookshelf.vitalsource.com/#/books/978-1-4557-0088-2/

Johnson, J. E., & Garvin, W. S. (2017). Advanced practice nurses: Developing a business

plan for an independent ambulatory clinical practice. Nursing Economics, 35(3), 126.

Waxman & Knighten. (2023). Financial and Business Management for the Doctor of Nurse Practice. Springer Publications: New York, NY. ISBN: 978-0-8261-6016-4

Appendix (Start on New Page)

Resources:

Community Commons - Data, tools, and stories to improve communities and inspire change. Free membership. https://www.communitycommons.org/

Small Business Administration - Significant resources on starting and managing a small business. https://www.sba.gov/

1. Executive Summary, Data Story, & Overview (Chapter 11)

2. Market Analysis

3. Operating Budget (Chapter 5 of textbook)

4. Capital Budget

5. Staffing Plan & Budget (Chapter 5 of textbook)

5. Conclusion

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�Do not include non-capital items. For example, office supplies would not be considered a capital item.

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