Veterinary Clinic Business Plan

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Company Summary

The Southwest Veterinary Clinic will be located in southwest Richmond. The clinic will offer its customers the full range of medical services to the area's pet owners.

2.1 Company Ownership

Edward Anderson, DVM, and Michelle Johnson, DVD, are co-owners of Southwest Veterinary Clinic.

2.2 Start-up Summary

Southwest Veterinary Clinic's start-up costs consist of medical, surgical, and lab equipment. In addition, there will a $30,000 interior remodeling cost for the clinic. Edward Anderson and Michelle Johnson will invest $80,000. In addition, they will secure a $70,000 SBA loan.

Start-up
Requirements
Start-up Expenses
Legal $2,000
Stationery etc. $1,000
Medical/Surgical Equipment $40,000
Lab Equipment $30,000
Insurance $2,000
Rent $3,000
Clerical/Bookkeeping Setup $2,000
Kennel Equipment $5,000
Waiting Room/Examination Rooms Setup $10,000
Total Start-up Expenses $95,000
Start-up Assets
Cash Required $25,000
Other Current Assets $0
Long-term Assets $110,000
Total Assets $135,000
Total Requirements $230,000
Start-up Funding
Start-up Expenses to Fund $95,000
Start-up Assets to Fund $135,000
Total Funding Required $230,000
Assets
Non-cash Assets from Start-up $110,000
Cash Requirements from Start-up $25,000
Additional Cash Raised $0
Cash Balance on Starting Date $25,000
Total Assets $135,000
Liabilities and Capital
Liabilities
Current Borrowing $0
Long-term Liabilities $150,000
Accounts Payable (Outstanding Bills) $0
Other Current Liabilities (interest-free) $0
Total Liabilities $150,000
Capital
Planned Investment
Michelle Johnson $40,000
Edward Anderson $40,000
Additional Investment Requirement $0
Total Planned Investment $80,000
Loss at Start-up (Start-up Expenses) ($95,000)
Total Capital ($15,000)
Total Capital and Liabilities $135,000
Total Funding $230,000

2.3 Company Locations and Facilities

Southwest Veterinary Clinic will be located on the corner of 7th and Stewart, two of the busiest streets in southwest Richmond.