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Health care - Essay Example

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1. No matter how powerful the business idea, stating-up and acquiring relevant financial resources involves many difficulties that can result failure of the business during the first six months. In fact, financing the business of a star-up venture requires the form and content…
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Business Health care No matter how powerful the business idea, stating-up and acquiring relevant financial resources involves many difficulties that can result failure of the business during the first six months. In fact, financing the business of a star-up venture requires the form and content of the business proposal, presentation of the plan and professionalism in an approach of adding value to the business resume. However, people fail to embrace the relevance of the business plan in starting up a business; hence, they forget that potential lenders look at the business acumen and the entrepreneur critically. Therefore, they end up falling short of the selection criteria, thus diminishing the chances of getting a loan to finance the start-up venture. In this case, some entrepreneurs fail to acknowledge the relevant of the business plan in the process of starting up a business, hence resulting to difficulties of attaining financial backing for start-up.
2. The aim of the regulatory agencies in the health care industry is to ensure that patients are receiving quality health care services from various institutions. Therefore, they are mandated to check if health care institutions are compliant with the policies in the field of health care. In this case, they are not aimed at spoiling the organization; instead, they are focused on improving the reputations of health care institutions by eliminating the drawbacks that can result to failure. Moreover, if an institution is compliant with the policies and regulation, there is no need for being afraid of the regulatory agencies, since there is nothing to hide or generate problems. Read More
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