Veterinary Clinic Business Plan

Southwest Veterinary Clinic

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.

Veterinary clinic business plan, company summary chart image

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.