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1: Healthc Financ Manage. 1999 Jul;53(7):58-61.Links

Writing a group practice business plan.

Reiboldt JM.

Coker Group, Atlanta, GA, USA.

A business plan offers group practices a blueprint to accomplish a variety of goals, such as securing capital, marketing the practice's services, recruiting new employees, developing a strategic plan or a budget, or planning for growth. A business plan should be informative, specific, and visionary. Elements that every business plan should address are a mission statement, strategy, planning, management information, and action scheme. A business plan should include certain information in a prescribed order. By writing a realistic business plan, group practices can work more efficiently and minimize the risk of not meeting their financial projections.

PMID: 10558009 [PubMed - indexed for MEDLINE]