Business Plan For Clinic
A typical financial plan includes projections by month for the first year and annual projection for the next three to five.
is the holder for any supporting information such as charts, images, graphs, and more.
Now, the rest of your plan will focus on how to take advantage of that opportunity.
Now is the time to lay out what you’ll do to attract patients and set up a viable business model with healthy financials.
Unlike [other area medical practices], Ocean Lane Outpatient Care is [conveniently located near the communities it serves and can fill the gap between pure pediatric care and full-blown adult care for young women].
Having a solid financial plan is critical, whether you’re seeking funding or not.
You can also include versions of your profit and loss statements and other financials that extend further into the future. Sarah Hovet is a senior English and journalism major and creative writing minor at the University of Oregon Clark Honors College.
Restate who your practice serves and what kind of services you specialize in.
Talk about how your practice approaches treatment and what goals you have in addition to providing quality care. Gardner would have needed to verify her assumption that people in coastal towns in Oregon are in need of pediatric and gynecological services—a need that isn’t currently satisfied by available resources.
If you’re thinking about starting an outpatient medical practice, one of the first things you should do is write a business plan.
Even if you’re able to self-fund your practice and don’t need outside investment, your business plan is a great tool for thinking through all the different aspects of building a profitable and sustainable practice.