Advanced practice nursing (APN) refers to a higher level of nursing where the nurse involved has got skills and experience in assessing, diagnosing, evaluating and implementing the required care to a given patient. The American Association of Colleges of Nursing classifies the APN into four categories namely certified registered nurse anesthetists, nurse practitioners, nurse-midwives, and clinical nurse specialists. According to the current status of the healthcare industry, there is need to come up with a better care that take care of the needs of the communities. The advanced practicing nurses understand that a business plan is a key tool in entrepreneurship. It is important to have an implementable business plan if they will be able to build a safe, accessible, patient-centered and affordable care center. This article looks into the process of building a business plan from APN point of view. A business plan is the key to success of a serious entrepreneur.
Apart from acquiring knowledge in nursing, advanced nurse practitioners are expected to learn the knowledge on how to start and sustain a business if they will have any chance of success in this industry. The business plan developed has to be financially viable and also implementable ( Elliott, 2017 ). The first thing is to come up with the purpose of this business. In the purpose stage, the practitioner needs to know his or her customers. He or she needs to research on the target customers the business is expected to handle. There is need to be clear on the kind of service that they business is going to offer. In understanding the type of service, practitioners need to know there area of expertise and also identify a need for the type of service they are going to provide. The practitioner needs to have a serious self-assessment to ensure he or she is has enough energy and skill sets to succeed. Another point of consideration is the location of the business. They need to identify a favorable position that is easy to access and can be easily identified by new customers. Another factor is the time of implementation of the given plan. There is need to be clear on when the business will be on service. All these factors give answers to when, where, why, what and who in the service delivery ( Burns and Dewhurst, 2016 ).
Delegate your assignment to our experts and they will do the rest.
The second stage is to generate the business profile. In the business profile, the practitioners come up with the vision statement, the mission statement and sometime state the values guiding the business (Hamric et al., 2014). The vision statement decided on should envision the long-term goals of the business while the mission statement looks to take care of the short-term goals of this business. If the values are stated, they should communicate what the new business believes in and act as a guide to its workers on how they conduct themselves. It should also clearly identify the services that it aspires to deliver to the patients. It is also at this point that the legal registration requirements are stated and state out with a plan to obtain them.
The final step on the business plan incorporates deliberating on various service delivery aspects. Some of these aspects include staffing, buying equipment, plan for marketing the business and an economic feasibility analysis. The identified departments should be have enough staff for best service delivery. The appropriate equipment should be availed early enough to ensure smooth flow of service. The source of funding should be ready and a future economic sustainable plan put in place to ensure the business does not come to a halt (Schwarz, 2015).
In conclusion, nursing education is not only enough to hatch and build a business. There is need to learn, understand and implement the different strategies in business planning. These strategies teach an APN how to be a successful entrepreneur.
References
Burns, P., & Dewhurst, J. (Eds.). (2016). Small business and entrepreneurship. Macmillan International Higher Education.
Elliott, N. (2017). Building leadership capacity in advanced nurse practitioners–the role of organizational management. Journal of nursing management , 25 (1), 77-81.
Hamric, A. B., Hanson, C. M., Tracy, M. F., & O'Grady, E. T. (2014). Advanced Practice Nursing: An Integrative Approach.
Schwarz, C. (2015). Five Powerful Marketing Initiatives for the New Practitioner. Podiatry Management , 53-54. Five Powerful Marketing Initiatives for the New Practitioner
