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Entrepreneurship in the Healthcare Industry - Essay Example

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From the paper "Entrepreneurship in the Healthcare Industry" it is clear that generally, an informal business plan should be written up so that a strategy can be formulated. The capital should be raised by pitching a business idea to a group of investors…
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Entrepreneurship in the Healthcare Industry
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Extract of sample "Entrepreneurship in the Healthcare Industry"

After finances have been raised, the start-up can try and gain a foothold in the market. Once the business has grown enough to be making a substantial profit, entrepreneurs can sell their idea for a profit and move on to the next project.

2. Jobs that are created in the healthcare industry are useful no matter where they came from. Allied industries have their own reasons for getting involved with a healthcare organization, but the benefits can be mutual because each party can make some gains. Alliances like this should be encouraged because job creation can benefit healthcare in so many ways. Not only does it provide jobs, but it also goes a long way to saving more lives. The healthcare industry is one of the most hotly debated topics in American politics, but even all political sides would agree that allied industries do provide many benefits to the healthcare industry that wouldn’t otherwise be provided. For healthcare organizations, trying to reduce costs is one of the primary goals, and if that can be done by working with allied industries, then this can only be thought of as a good thing. Read More
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