Accurate Chiropractic

Start your own business plan »

Chiropractic Clinic Business Plan

Management Summary

The initial management depends on the founder himself. In addition to Dr. Rubano, we have back up consulting services provided by Sam Fisher, our CPA and  Mary Snell, our corporate attorney. We also have a consulting agreement with Altadonna Communications, who provides support with regard to our marketing program.

7.1 Personnel Plan

The following table summarizes our personnel expenditures for the first three years, with compensation increasing from less than $110K the first year to about $755K in the third. We believe this plan is a compromise between fairness and expedience, and reflects our mindset toward expansion to service a growing market. Year 1 salaries reflect 2 months for the front desk position; initially this role will be included in the insurance staff position. The Chiropractic Assistant position will be added at the start of the fourth quarter to aid in the increased patient flow.

Year 2 salaries reflect a full year for Associate Doctor #1 and a 1/2 year for Associate Doctor #2.  Performance bonuses will be calculated at the end of each year based on net profits.  Employee benefits such as health insurance are addressed in the Profit and Loss Table (section 8.3).  The detailed monthly personnel plan for the first year is included in the appendices.

Personnel Plan
Year 1 Year 2 Year 3
Angelo M. Rubano, Jr. D.C. $63,500 $200,000 $300,000
Associate Dr. #1 $0 $65,000 $130,000
Associate Dr. #2 $0 $37,500 $110,000
Insurance Staff $26,316 $28,396 $30,476
Insurance Staff #2 $0 $14,448 $28,396
Front Desk Staff $6,450 $25,800 $28,400
Front Desk Staff #2 $0 $12,900 $25,800
Chiropractic Assistant #1 $12,900 $33,540 $36,120
Chiropractic Assistant #2 $0 $30,960 $33,540
Chiropractic Assistant #3 $0 $0 $30,960
Total People 4 9 10
Total Payroll $109,166 $448,544 $753,692