Advanced Chiropractic Clinic

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Family Chiropractic Business Plan

Company Summary

The Advanced Chiropractic Clinic is a chiropractic practice started by Dr. Jamey Azzato in the newly opened clinic located at 252 North Michael Street, St. Mary's, PA 15857.

The clinic will provide quality chiropractic services to people of all ages. The clinic will utilize new equipment and a trained staff, able to care for the individual needs of every patient that enters the clinic.

2.1 Company Ownership

The Advanced Chiropractic Clinic will be created as a Pennsylvania sole proprietorship based in Elk County, Pennsylvania owned and operated by Dr. Jamey Azzato.

2.2 Company Locations and Facilities

The clinic will be established in a new remodeled two story home located at 252 North Michael Street, St. Mary's, PA 15857. The office will consist of a reception area with bathroom, xray suite, Dr. Azzato's office, two treatment rooms and an exam room. Total office area will be approximately 1,000 square feet.

The office location is in close proximity to downtown St. Mary's. The clinic will have new equipment, furniture, signage, and a large parking lot which is easily accessible from Oilwell Street. Patients may also park on North Michael Street. In addition, the office will be utilizing a high speed Internet server that will facilitate fast, secure electronic billing and communication.

2.3 Start-up Summary

It is estimated that start-up costs will be $35,000. This amount of money will be used to remodel the clinic, purchase xray/chiropractic/office equipment, furniture, stationary, and other start-up expenses.

The start-up costs are to be financed partially by Dr. Azzato's personal funds of $5,000 and a $30,000 small business loan. An additional amount of $15,000 will be requested in the form a line of credit to offset any business expenses that occur in the first six months of business until the clinic can sustain itself.

Start-up
Requirements
Start-up Expenses
Remodeling $10,000
Chiropractic Xray Equipment $10,000
Chiropractic Tables $5,200
Other Chiropractic Equipment $3,500
Office Furniture (desks, PC, files, chairs) $2,500
Misc Expenses $1,800
Marketing Materials $750
Business Insurance $750
Stationery etc. $250
Legal/Accounting $250
Total Start-up Expenses $35,000
Start-up Assets
Cash Required $15,000
Other Current Assets $0
Long-term Assets $0
Total Assets $15,000
Total Requirements $50,000
Start-up Funding
Start-up Expenses to Fund $35,000
Start-up Assets to Fund $15,000
Total Funding Required $50,000
Assets
Non-cash Assets from Start-up $0
Cash Requirements from Start-up $15,000
Additional Cash Raised $0
Cash Balance on Starting Date $15,000
Total Assets $15,000
Liabilities and Capital
Liabilities
Current Borrowing $30,000
Long-term Liabilities $0
Accounts Payable (Outstanding Bills) $0
Other Current Liabilities (interest-free) $15,000
Total Liabilities $45,000
Capital
Planned Investment
Dr. Azzato $5,000
Other $0
Additional Investment Requirement $0
Total Planned Investment $5,000
Loss at Start-up (Start-up Expenses) ($35,000)
Total Capital ($30,000)
Total Capital and Liabilities $15,000
Total Funding $50,000