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CH8 Starting Up

Starting up a new program, business, or practice

QuestionAnswer
Break-even point The point at which revenues from services provided equal the cost of providing services. Revenues above this point result in profit
Executive Summary A short, clear, and compelling statement of the place of the proposed business in the market and of how the proposed business or program can be successful
Market analysis Examines the number of potential consumers, discusses the potential growth rate of the market for the service, describes the program or service (including strengths and weaknesses) in comparison with the competition, and details marketing strategies
Referral patterns detail the source, frequency, and variability of referrals to the program of service
Staffing patterns Describe the number of staff needed in particular job categories in relation to the type of service provided, number of clients, clients' medical acuity, and need for service
Created by: dbarb702