The Discount Pharmacy

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Pharmacy Business Plan

Company Summary

The Discount Pharmacy is located in Portland, OR and offers prescription medications at discount prices to our customers by mail order or at the store front.

2.1 Company Ownership

The Discount Pharmacy is an Oregon limited liability corporation. The majority stock holder is John Reeleaf.

2.2 Start-up Summary

The Discount Pharmacy will incur the following start-up equipment costs:

  • Office equipment including chairs, file cabinets, and desks.
  • Front counter, storage bins, cash register.
  • Three computer terminals.
  • Main computer server with a laser printer, and back-up system.
  • Software: Microsoft Office, QuickBooks Pro, drug interaction software, Physician Desk Reference software detailing side effects and other information pertinent to the customer.
  • Assorted bottles, boxes, envelopes, etc. for dispensing and shipment.
  • Scales for shipping.
  • Telecom system.
  • Storefront build-out.
  • Start-up inventory.
  • Rent, utilities, insurance.

Please note that these items will be used for more than one year and will therefore be labeled long-term assets, depreciated using G.A.A.P. approved straight-line depreciation.

Start-up Expenses
Legal $1,000
Rent $2,000
Utilities $400
Telecom System $400
Insurance $300
Storefront Build-out $15,000
Expensed Equipment $4,000
Website development $1,000
Total Start-up Expenses $24,100
Start-up Assets
Cash Required $140,500
Start-up Inventory $10,000
Other Current Assets $0
Long-term Assets $8,500
Total Assets $159,000
Total Requirements $183,100
Start-up Funding
Start-up Expenses to Fund $24,100
Start-up Assets to Fund $159,000
Total Funding Required $183,100
Non-cash Assets from Start-up $18,500
Cash Requirements from Start-up $140,500
Additional Cash Raised $0
Cash Balance on Starting Date $140,500
Total Assets $159,000
Liabilities and Capital
Current Borrowing $0
Long-term Liabilities $0
Accounts Payable (Outstanding Bills) $0
Other Current Liabilities (interest-free) $0
Total Liabilities $0
Planned Investment
Seed Funding $50,000
John $51,000
Friends and Family $50,000
Additional Investment Requirement $32,100
Total Planned Investment $183,100
Loss at Start-up (Start-up Expenses) ($24,100)
Total Capital $159,000
Total Capital and Liabilities $159,000
Total Funding $183,100

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