Plan Outline
Home Health Care Services Business Plan
Wheatland Health Services
Company Summary
Wheatland Health Services is a new Home Health and Social Service agency in its start-up stages. Our agency will be located in the heart of Southeastern Kansas and will provide the following services to patients and clients from Neodesha, Wilson, Montgomery and Labette Counties - all within a ninety mile radius of our offices:
- Skilled Nursing
- Nursing Aide
- Social Work
- Occupational, Physical, and Speech Therapy
- Personal Injury Case Management
2.1 Company Ownership
Wheatland Health Services is a limited liability company owned and operated by Elizabeth G. Patzer, MSW/MPA and Marlon B. Patzer, M.S./M.Ed.
2.2 Start-up Summary
Wheatland Health Services is in its start-up stage, and consequently there are start-up costs and funding issues to address. The Start-Up Table, below, indicates in detail those costs which include the following:
- BUSINESS DEVELOPMENT
- RENTAL EXPENSE
- OFFICE EQUIPMENT
- OFFICE SUPPLIES
- NURSING SUPPLIES
The table also demonstrates Assets needed for start-up and addresses potential funding sources which are to include cash investments made by each Owner, as well as a five-year 8% loan which will be needed in order to cover start-up costs.
| Start-up | |
| Requirements | |
| Start-up Expenses | |
| BUSINESS DEVELOPMENT | $0 |
| Attorney Fees - Setting Up Limited Liability Company | $875 |
| State of Kansas Home Health Agency License | $100 |
| Medisoft Billing Program plus Support | $5,000 |
| Professional Liability Insurance | $3,000 |
| *Assuming 25% down of $12,000.00 | $0 |
| Workman's Comp Insurance Deposit | $500 |
| Premises and Content Insurance Deposit | $300 |
| *Assuming 25% down of $1200.00 | $0 |
| Contract Retainer with PT/OT/ST | $500 |
| Inserted Row | $0 |
| RENTAL EXPENSE | $0 |
| Office Upgrades (Carpet and Paint) | $3,000 |
| Deposit plus First | $400 |
| *Assuming $200.00/Month | $0 |
| Phone Set Up (Excluding Phones) | $250 |
| Utilities Deposit | $150 |
| Post Office Box | $26 |
| Inserted Row | $0 |
| OFFICE EQUIPMENT | $0 |
| 2 Computers (Fully Loaded) | $3,000 |
| 4-in-1 Printer/Fax/Copier/Scanner | $750 |
| QuickBooks Pro | $300 |
| Phones | $200 |
| Pager | $50 |
| Inserted Row | $0 |
| OFFICE SUPPLIES | $0 |
| Stationary | $200 |
| Business Cards | $150 |
| Brochures | $200 |
| Other Misc. Office Supplies | $450 |
| Computer | $0 |
| NURSING SUPPLIES | $2,500 |
| Total Start-up Expenses | $21,901 |
| Start-up Assets | |
| Cash Required | $44,599 |
| Other Current Assets | $3,500 |
| Long-term Assets | $0 |
| Total Assets | $48,099 |
| Total Requirements | $70,000 |
| Start-up Funding | |
| Start-up Expenses to Fund | $21,901 |
| Start-up Assets to Fund | $48,099 |
| Total Funding Required | $70,000 |
| Assets | |
| Non-cash Assets from Start-up | $3,500 |
| Cash Requirements from Start-up | $44,599 |
| Additional Cash Raised | $0 |
| Cash Balance on Starting Date | $44,599 |
| Total Assets | $48,099 |
| Liabilities and Capital | |
| Liabilities | |
| Current Borrowing | $0 |
| Long-term Liabilities | $50,000 |
| Accounts Payable (Outstanding Bills) | $0 |
| Other Current Liabilities (interest-free) | $0 |
| Total Liabilities | $50,000 |
| Capital | |
| Planned Investment | |
| Elizabeth Patzer | $20,000 |
| Investor | $0 |
| Additional Investment Requirement | $0 |
| Total Planned Investment | $20,000 |
| Loss at Start-up (Start-up Expenses) | ($21,901) |
| Total Capital | ($1,901) |
| Total Capital and Liabilities | $48,099 |
| Total Funding | $70,000 |
