Research International Business Opportunities

            A business opportunity is the potential that can be achieved by a new business; it involves sale of any service, product or equipment.  A business opportunity incorporates four elements within a window of opportunity (a specific timeframe) and same domain. These imperative four elements are; needs, means to fulfill need, method to accomplish them and to benefit (BUSINESS OPPORTUNITY). Today a wide range of business opportunities are available in the international market. Many business opportunities available in the international market are; online trading, freelancing online jobs, design and technical consultancy, catering, CPA marketing, solid and hazardous waste treatment, pharmaceutical R&D, clinical trials, advertising managers, biotech manufacturing training, SME banking and trade financing and many other independent businesses.

            Business opportunity must be undertaken as per your interests as well as focusing on the needs of the people. I have selected the business opportunity of combining the traditional Chinese health care with the Western system in china; China is growing and a developing country and needs to improve its health care system. Health care is a vast field and requires skills and qualification to practice it; it has a vast scope in China if all the issues related to minefield of regulation and corruption is resolved. A feasibility study will be undertaken with a business opportunity to refer that how worthwhile will be the idea to pursue it. The study will involve three components; SWOT and Cost/Benefit Analysis. SWOT analysis is adopted which reveals that many strengths and opportunities are present in the healthcare market. Environmental situation and the emergence of new diseases have made the people health conscious. People are now seeking technology and nature to verify their conduct; in our healthcare clinic both the aspects are greatly present. The strengths involve the natural herbal treatment of the patients with the scientifically proven techniques. The herb-drug interaction produces a significant integrated medicine that will give relief to the patients (Tsang, Huang and koehler). Many opportunities are available in the education as well as the pharmaceutical industry for this business. Very few weaknesses are found which can be ignored because of the presence of valuable strengths and opportunities. Very few doctors and medical staff are reluctant in practicing the combined medicinal field. In Cost/Benefit Analysis also it is revealed that the benefits for the people as well as for the business exceed its cost which promises it to be a successful business opportunity.

            Specialist services and consultation are very important components in running a successful business venture. Many experts are available online as well as in person to assist in the business. Specialist services are required in every business thus healthcare system also needs consultation. Quality training improvement will be implemented by healthcare professionals. Trained and coached personnel are the primary services that are required for the integrated health care clinic (quality Training Improvement for Health care professionals). The staff must be qualified and experienced; other non-healthcare areas in the clinic also need proper consultation and advice for its finance and business plan. Proper nursing practice and equipment would be accessed through different platforms. Specialist services will be acquired to develop a plan for effective and successful running of the clinic to represent efficiency and quality. Improving the health care system in china refers the living standards of the people. Plan for the utilization of health care resources will be also developed by the help of consultants and advisors.

Works Cited

"BUSINESS OPPORTUNITY." 29 Oct 2012. Jivesh Sharma. <http://corporatermen.com/?p=162>.

"quality Training Improvement for Health care professionals." August 2012. Health foundation. <http://www.health.org.uk/public/cms/75/76/313/3731/Quality%20improvement%20training%20for%20healthcare%20professionals.pdf?realName=XZlZmh.pdf>.

Tsang, Ian, simon Huang and Barry koehler. "Integration of Chinese medicine and Wetern medicine in clinical practice: past, present and a proposed model for future." chinese Journal of Integrative Medicine (2013): 83-84.