Entrepreneur Project Part II - Research Paper Example

(Longley, 2004). This shows that a large percentage of US population will comprise of people above the age of 65. The idea of starting this project was to enter into a business that has not been fully ventured into by different organizations. Our research into the idea showed that not many organizations are providing all the services and home-like environment in adults care centres. That is why it is a great opportunity to enter into the business and take advantage of the financial benefits that it provides.

The vision statement therefore refers to being the most sought-after organization in adult care, among the families of the old age people and the old age people themselves. By providing different services like physical and mental health care, personalized care, providing equipment for people with disabilities, teaching home-based care, and providing home like environment and networking with other elder people can make our organization reach high demand among the targeted population. The vision aims to be the best at what we are going to provide.

The organization will not be any small sized adult day care centre. It aims to provide a variety of services to the old people so that they are comfortable, are taken care of, and feel like they are at home. President: The president of the organization is the top head of the organization. S/he belongs to the upper most tier of the organization. The president will deal with all the highly strategic decision making process. The president does not go into the details of the minute things happening in the business.

S/he will just guide the department heads and CEO with the overall running of the business. Only extremely important and major decisions will be finalized under his/her leadership. For example a decision to open the business in a new country will need the consent of President. Therefore President will be the leader of the entire organization and its