Health care Essay Example | Topics and Well Written Essays - 250 words - 20

Health care - Essay Example Therefore, one should make financial options because they are many ways of receiving financial support in starting a health care business. These include receiving grants, loans, contribution from families, bootstrap or venture capitalist. For instance, an entrepreneur may choose bootstrap as a financial option. However, it is essential to focus on the external financing sources rather than internal financial sources only. 2. One of the significant steps of becoming a successful entrepreneur is making the decision on funding alternatives and employing target marketing strategies. One should evaluate the target market by employing strategies that can contribute to effective business performance. Many entrepreneurs fail to sustain the business venture because of failure to select  clear financial alternative and  the target marketing strategy. Therefore, before starting a business, an entrepreneur should evaluate the safety of business finance and focus on factors that will enable an entrepreneur to return the money. Moreover, determining the required finance for starting the business is crucial because it will enable an entrepreneur to make effective financial options. Thus, realizing the financing level of the business start-up will enable an entrepreneur to become successfully in the competitive health care