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Leisure World Business Plan
Startup living-assistance firm Leisure World is seeking to enter into the long-term care market as a provider of in-home caregivers. The company will seek to market itself as an alternative to the nursing home, and will use daytime television advertising as its primary mode to reaching a target of families with aging loved ones. Expenses for the organization will include insurance and certification costs, material resources, labor and advertising. Management will proceed from a top-down approach.
Description of the business
Leisure World is an alternative to nursing and long-term care facilities. For many families, the decision to find assistance for care with aging loves ones can be an extremely difficult one, both financially and emotionally. Relegating a family member to a nursing home can be both heartbreaking for the family and psychologically devastating to a loved one who must now endure the end stages of life in an unfamiliar and potentially unloving atmosphere.
It is thus that Leisure World offers a fully licensed and bonded solution for families who require assistance in meeting the medical and treatment needs for an aging or infirm family member but who do not wish to see the family member placed in a nursing care setting. Leisure World offers coordinated...
By providing families with an option that does not require off-site nursing home care, Leisure World intends to expand the possibilities of the long-term care market while simultaneously improving the quality of life for those who require such assistance or for those in the end-stages of life.
2) Marketing
The primary target for Leisure World will be families who are coping with the responsibilities of long-term care such as day-to-day living assistance, administering of basic medical treatment requirements, provision of basic mental support and the general stresses of maintaining the environment in which the afflicted subject subsists. Therefore, marketing strategies will center on the media outlets which said targets are most likely to utilize on a day-to-day basis, and in the midst of addressing the above-noted responsibilities.
Thus, television commercials seem the most appropriate way to market the services that Leisure World offers. In particular, many caregivers are required to devote significant portions of every business day to ensuring that the afflicted subject is cared for and that his or her treatment needs are met regularly. Therefore, daytime television is a…
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