what is a business plan

Why Interoperability is Crucial in Healthcare Operations
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Why Interoperability is Crucial in Healthcare Operations

Healthcare Interoperability involves the use of many complex systems and information technology (IT) to exchange and interpret health-based data. It has been a key aspect of the extensive shift towards computerizing the healthcare industry. As of 2019, a fundamental level of interoperability has been achieved by roughly 75% of healthcare providers in the US. The ability to transfer data from one health system to another becomes quite challenging when acknowledging the differences in technological platforms. The main objective of Interoperability is to ensure a smooth exchange of data across various systems. Interoperability and COVID-19 The COVID-19 Pandemic has exposed the…
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Teenpreneur Foundation empowers teens with real world skills
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Teenpreneur Foundation empowers teens with real world skills

Teenpreneur executive director Jennifer Donald with Belle Blends Lemonade teen entrepreneurs. When Entrepreneurship Education Consultant Jennifer Donald kept hearing encouragement from her clients to offer similar services to kids and teens, it felt like a sign. “I was conducting workshops and teaching people how to write a business plan, brand their business, apply for grants, and put together business proposals,” she explains. “They kept saying, ‘it would be awesome if you could teach this to kids’. I kept hearing it and it felt like confirmation that we should do it. Young people don’t have to wait until they are older…
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Patient Centricity as the Future of Digital Health Management
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Patient Centricity as the Future of Digital Health Management

Digital health is an all-encompassing term that refers to the care provided through eHealth and mHealth through advances in computing sciences. Challenges or Gaps in Traditional Care Major technological challenges faced by the healthcare industry have got to do with data processing, cybersecurity, and providing a user-friendly experience. However, advancements in each of these fields have proven to be gainful, and will continue to do so. Our focus here has more to do with the user experience aspect of digital health management. There are quite a number of digital health care providers, rather, platforms that avail services outside the traditional…
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One-page business model for a start-up business
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One-page business model for a start-up business

QUESTION: I have been encouraged to develop a detailed business plan for a new business I am considering. The plan outlines I have found online are quite detailed. Is there a more user-friendly way to address the main issues I will encounter? ANSWER: I normally am not one to encourage shortcuts. But the SCORE organization has developed a one-page business model that helps you answer the critical questions facing a start-up business. In essence, your business model is the structure with which you will take your product or service to market and make a profit. It makes you answer questions…
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