Benefits of Opening a Franchise Hospice Facility vs. Non-Franchise Research Proposal

Benefits of Opening a Franchise Hospice Facility vs. Non-Franchise - Research Proposal Example Indeed, the fact that there are two schools of thought means that in each case, there are associated benefits and corresponding demerits. To ordinary citizens and particularly the ageing, their concern will continue to be for them to receive the very best of healthcare service from hospice facility operators. It is important to state however that in the midst of managerial and organizational challenges resulting from the wrong choice of a mode of operating a hospice, an investor or entrepreneur may be underpinned with poor service delivery to customers over a very long period of time (Muhammad, 2009). This brings out the need for individual entrepreneurs to carefully assess the weights behind each of the forms of having hospice facility in place before deciding on one of the choices. This research work therefore seeks to identify the benefits of opening a franchise hospice facility as against non-franchise so that entrepreneurs will be well informed in their selection decisions, basi ng their decisions on factors that best suit their immediate premises. 1.2 Research Aim This research work will be embarked to identify the benefits of opening a franchise hospice facility as against non-franchise hospice facility. To achieve this overall aim, there should be some specific objectives that should be achieved first. The over all achievement of the specific objectives would constitute the achievement of the research aim. 1.21 Specific Objectives 1. To identify the various options for owning a hospice facility that are at the disposal of an entrepreneur. 2. To assess the various ways in which franchise hospice facility would be advantageous or disadvantageous to an entrepreneur 3. To assess the various ways in which non-franchise hospice facility would be advantageous or disadvantageous to an entrepreneur 4. To find various factors that should be considered in the opening of the hospice care facility 5. To come out with recommendations on the method of opening of the bu siness 1.3 Significance of the Study Successful completion of the research work shall be of immense benefit to several groups of persons. Some of the specific benefits include: 1. Entrepreneurs will be well informed on the right method of opening a hospice care facility that would best suit their needs. 2. As entrepreneurs make the right selection regarding the method of opening hospice care facility, they are sure to have formidable corporate and institutional financial base with which to expect profits (Muhammad, 2009). 3. A profit making hospice is likely to be a well managed and well equipped hospice care facility that would address the health needs of the populace, especially the ageing. 1.4 Research Questions The researcher puts forward the following research questions to serve as guidelines for the conduct of the research; especially in secondary data collection where data shall be sought from existing literature. The questions are: 1. What are the various methods of starting hospice care facility? 2. How does each of the methods of starting hospice care facility serve as an advantage or disadvantage to the entrepreneur? 3. What factors should inform individual entrepreneur’s decision on the selection of franchise hospice