Family and Child Clinic will start as a small non-profit clinic. Being a new organization, I will therefore incorporate it so as it can be part of a small piece of a larger hospital. This will ensure that the overall net worth of the clinic increases. …
Budgets for marketing might be trimmed as the larger hospital will undertake the marketing costs.
Incorporation will help the new clinic make use of highly trained and skilled health professionals from the larger hospital. Development departments not available in the clinic such as Researchers and scientists will work together with staff from the clinic to generate great innovative services. Combined skills of the marketing staff will generate more sales and the net result is increased profitability and shareholder value.
Incorporation will facilitate first market penetration as it is established, associated with more customers. I will have to incorporate the clinic with a hospital that has demonstrated successfully in separate markets such as pharmaceutical company in the State (Finkelstein & Cooper 2010).
The only disadvantage I will have is that the incorporation/merger has to be approved by votes of the stockholders of each firm. Two-thirds of the share votes will be required for the approval. Although I have experience and a good reputation of successfully leading mergers and acquisitions of hospitals, the process of obtaining the required votes has always proved to be time-consuming and difficult. The cooperation of the stakeholders is not easily obtainable. The process of incorporation involves gathering votes from the stakeholders and the board members to determine those in support of the merger. If enough votes are gathered in support of the merges, then the transaction will be effected and the dissenting shareholders will be obliged to go along with the process of incorporation (Finkelstein & Cooper 2010). ...
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(Family and Child Clinic Term Paper Example | Topics and Well Written Essays - 1250 Words)
“Family and Child Clinic Term Paper Example | Topics and Well Written Essays - 1250 Words”, n.d. https://studentshare.net/nursing/550355-family-and-child-clinic.
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