OutReSources, Inc. is a consulting firm that specializes in the development and delivery of training products in both regional and statewide markets. OutReSources, Inc. offers a reliable and high-quality alternative for in-house resources to health care providers for market development, business development, and training.
OutResources will initially be established as a Greenstate DBA firm under the umbrella Flowstone, Inc., based at the Central County area in Greenstate, the heartland of Greenstate’s growth and population.
OutReSources will target state health care providers and tailor its services to them. OutResources will have to establish itself as a real consultancy and training company. This is a relatively risky purchase.
There are several types of industry competition. Most significant is the choice by companies and agencies to conduct business development and training internally rather than outsourcing. You will also find resources for training and development from both the state and non-profit sector. Many of these companies are broad-based and don’t specialize in a particular market. Furthermore, they are often hampered by a flawed organizational structure that does not provide the most experienced people for the client’s projects. OutReSources’#8217 advantage is that it provides high quality consulting to integrate theory with practice and work with clients to achieve their goals.
OutReSources will be priced at the upper edge of what the market will bear. OutReSources’ overall positioning as an expert in high-level knowledge will guide the pricing. Sales are estimated to be substantial and an excellent cash balance in the first year.
The company’s founders include former and current health service providers. They are all from the ‘#8220’ fee-for–service markets we will target. They are founding OutReSources to formalize the consulting services they already offer. OutReSources will have working partners, based mainly on Flowstone, Inc. In the beginning we assume three partners, Khallie Locharnold and Soren Aboukir (from Flowstone Inc.) and Yuriatin Guadalquivir.
The firm estimates healthy profits by the first year with a commensurate net profit margin. The company doesn’t anticipate cash flow problems.
1.1 Objectives
OutResources has several goals for the initial year.
- Establish and implement a training system that targets both for profit and non-profit providers of fee-for-services in health care.
- Develop a service to support providers of health care who are still within these confines.
- Create a company with low overheads and liability to maximize net profit margins.
1.2 Mission
Our mission will be to raise standards for health care services by improving skills, abilities and efficiency of those providing them. We are interested in educating and training those who provide health services. They will be reimbursed and regulated through the state governing agency. We are transitional educators and trainers for those who have the education but not the experience.
1.3 Keys to Success
Quality and Credibility
Employing trainers with the relevant skills who have
- Credentials: Education Licenses, Certifications
- Proven successful track record
- Continuing Education Units
Strong Formal Methodology
Developing strong formalized training methodologies for all services
- Policy and Procedures
- Hierarchy roles in Organizational Structure: Qualifications, and Duties
- Confidentiality controls
- Feedback Reporting: Final Product
Promotional and Marketing
- Beginning with what we know. Our first offerings are based upon our expertise
Operations and Liability
You can keep your overhead and liability low by:
- Maximizing skills and simplifying roles
- Assessing the market, initiating with ‘#8220’ High End targets (larger providers, high fee for service rate services)
- Strong investments into quality equipment, versus cost by including
- Mobility vs. the Center or combinations
- Space and supplies
- Products (manuals/pamphlets/protocols)