A Business Plan to Create a Residential Rehabilitation Center

Client
VISIONS, Services for the Blind and Visually Impaired
Faculty
Barbara Turk
Team
Lilit Abrahamyan, Yunzhu Chen, Huihuan He, Christina Lin

VISIONS is a nonprofit organization dedicated to assisting people of all ages with vision loss and generating public awareness about capabilities and needs of the blind and visually impaired in the New York Metropolitan area. Facing the challenge of meeting changing client needs while maintaining long-term viability, VISIONS enlisted the help of a Capstone team to assess the feasibility and sustainability of constructing a residential rehabilitation center for the blind. The team analyzed census data, competitor models, and financial statements in order to provide a program-based, costbenefit analysis. Additionally, the Capstone team conducted interviews and distributed surveys among employees, clients, competitors, foundations, and vision specialists to provide a comprehensive risk analysis that assessed competition, customer base, staffing, and funding streams. The culmination of these efforts resulted in the development of a comprehensive business plan which the team presented to the VISIONS Board of Directors.