Chiropractic Business Plan Summer & Fall Trimesters LOGAN COLLEGE BUSINESS PLANNING TEMPLATE

Transcription

1 Chiropractic Business Plan Summer & Fall Trimesters LOGAN COLLEGE BUSINESS PLANNING TEMPLATE INCLUDE THE TITLE OF YOUR PRACTICE DOCTOR S NAME ADDRESS (IF WE NEED TO MAIL YOUR PLAN) PHONE: Practice Name/Logo ALTHOUGH YOU RE REQUIRED TO USE THE HEADINGS AND SUB-HEADINGS FOR YOUR IN-CLASS PLAN; YOU RE ENCOURAGED TO PERSONALIZE YOUR COVER PAGE

2 Chiropractic Business Plan Summer & Fall Trimesters TABLE OF CONTENTS: EXECUTIVE SUMMARY (TRI 10) MANAGEMENT, STRUCTURE, AND OWNERSHIP MARKETING - THE INDUSTRY MARKETING THE PRACTICE INTERNAL CONTROLS AND PROCEDURES START-UP GROWTH FINANCIAL PLAN AND PROJECTIONS (TRI 10) APPENDIX: FINANCIAL STATEMENTS CURRICULUM VITA COMMERCIAL LEASE

3 Chiropractic Business Plan Summer & Fall Trimesters Executive Summary (Name of Your Practice) The Structure and Management Team The Industry and Local Market Uses of Funds Sources of Funds

4 Chiropractic Business Plan Summer & Fall Trimesters Management, Structure, and Ownership Management Experience/Education and Staffing Compensation, Ownership, and Legal Structure Board of Advisors, Board of Directors (If Required) & Chiropractic Mentors Infrastructure, Practice Management, and Paid Professionals Lease and Contracts Mal-Practice Insurance and Business Liability Insurance Employee Retention and Referral Rewards Organizational Chart. THE TEMPLATE FOR THE ORGANIZATIONAL CHART IS POSTED IN THE MEDIA SECTION ON SELF-SERVICE.

5 Chiropractic Business Plan Summer & Fall Trimesters Marketing Plan The Industry The Chiropractic Profession Trends in the Chiropractic Industry and Practice Characteristics Seasonality and the Impact on Cash Flow RMA Profit Characteristics and The D.C. s Salary Stage of Development in the Product/Service Life Cycle

6 Chiropractic Business Plan Summer & Fall Trimesters Marketing Plan The Practice Local Competition - (Your Community s Name) (Your Practice s Name) Competitive Advantage and Unique Selling Proposition Target Market Profile (Your Practice s Name) s Pricing Profile Patient Referrals Social Networking and Internet Presence Government Approvals for (Your State) Product/service Limitations and (insert your State here) s Scope of Practice Advertising and Promotion Community Involvement and Giving Back to the Community Trade Shows/Festivals/Community Events

7 Chiropractic Business Plan Summer & Fall Trimesters Internal Controls and Procedures Systems and Processes for Patient Intake and Management Initial Clinical Approach Coding, Billing Patients & Third-Parties, and Electronic Billing Paying Suppliers and Vendors Collecting Accounts Receivable and Past Due Accounts Staff Development and Continuing Education Patient Complaint Management Process/System Company Budgets and Financial Oversight

8 Chiropractic Business Plan Summer & Fall Trimesters Start-Up Practice Development Financial Requirements Market Penetration Risk Analysis Salvaging Assets

9 Chiropractic Business Plan Summer & Fall Trimesters Growth Future Offerings and Additional Opportunities Personnel Requirements Exit Strategy

10 Chiropractic Business Plan Summer & Fall Trimesters Financial Plan and Projections Cash Requirements Sources of Financing Billing and Sales. Income and Cash Projections and Assumptions