Wright's Dental Lab

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Dental Laboratories Business Plan

Company Summary

Wright's Dental Laboratory offers state-of-the-art dental restorations services to dental professionals.

Charles Wright attended State University and is a certified dental technician. He entered the dental laboratory industry in 1994 and by 2000 he had established his own small dental laboratory. Charles now joins his expertise with that of his brother, David, to create Wright's Dental Laboratory. The synergy of their respective talents will allow the precision restorative capabilities of Wright's Dental Laboratory to consistently provide leading-edge technologies and a high index of progressive services to the profession in the greater LochJaw area.

As an advocate of continuing dental education, Mr. Wright's commitment to continuing education is illustrated by his involvement with metal-free restorations. Charles has successfully completed training in such state of the art techniques as Product E and Product E model 2 and Brand B model 2. He has also completed training for all the premier implant systems including Brand J, Brand K, Product L, Product M, Brand N, and Brand O.

Among his accomplishments, Charles has held the posts of vice president, secretary and treasurer of the Oregon State Dental Laboratory Association. Additionally, he is a member of the National Association of Dental Laboratories (NADL), the State Dental Laboratory Association and the American Academy of Cosmetic Dentistry (AACD).

David Wright attended State University and is a certified dental technician. He has spent over ten years working with some of the region's most respected practitioners. David is committed to continuing education and has successfully completed Corporation X's Advanced Crown & Bridge Dental Studies. He has also successfully completed training in all the premier implant systems including Brand J, Brand K, Product L, Product M, Brand N and Brand O.

David entered the dental laboratory industry in 1991. He began his training under the tutelage of his father with various phases of fixed and removable techniques. Over the years, David completed his training to become fully proficient in the design and fabrication of precision attachment restorations, implants and full mouth rehabilitation cases.

Start-up Summary

The start-up cost of Wright's Dental Laboratory will consist primarily of equipment. Charles and David will each invest personal funds and also secure a long-term loan.

Start-up Expenses
Legal $1,000
Stationery etc. $300
Brochures $1,000
Insurance $2,000
Rent $2,000
Lab Setup $30,000
Office Setup $20,000
Expensed Equipment $20,000
Total Start-up Expenses $76,300
Start-up Assets
Cash Required $71,700
Start-up Inventory $10,000
Other Current Assets $12,000
Long-term Assets $80,000
Total Assets $173,700
Total Requirements $250,000

Company Ownership

Wright's Dental Laboratory, located in a custom designed, 8,000 square foot facility using the latest, state-of-the-art restoration production systems and computerized case tracking, is owned by Charles and David Wright. The company will operate as a general partnership with both Charles and David performing management functions.