Instructions

A very wealthy businessperson is planning to open an assisted living center. His motivation is his mother, who has Alzheimer’s disease and will soon need a higher level of care. He has hired you as a part of the business development team to conduct market research and do due diligence in regards to the most appropriate location of his new venture.
Discuss 2-3 risk factors that could affect this venture. Justify your answer with examples or evidence from the readings, presentations, or your own research.

Solution

Assisted Living Center

People with Alzheimer’s disease are unable to survive on their own, and so, assisted living centers become an alternative option for them. Developing a station for individuals with Dementia is a viable business venture, but it faces different potential risks. The first variable is the patients’ safety, once they occupy the premises. According to Tilly and Reed (2009), memory loss exposes victims to fall and wandering perils, that are potentially devastating to patients’ well-being 22. As a countermeasure,………………………..To access the rest of the solution for $5, please click on the purchase button.