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Urgent Care Business Plan Template

Written by Dave Lavinsky

Urgent Care Business Plan Template
Table of Contents
Table of Contents

Urgent Care Business Plan

Below is our urgent care business plan template and sample plan created using our business plan generator.

I. Executive Summary

Company Overview

SwiftCare Urgent Care is a newly established urgent care center located in Huntsville, TX, dedicated to addressing the gap in high-quality medical care within the community. Our mission is to provide accessible, top-notch medical services tailored to meet the urgent health needs of Huntsville residents. Our comprehensive range of services includes the treatment of minor injuries, diagnosis and treatment of various illnesses, state-of-the-art diagnostic services, vaccinations, immunizations, and physical examinations. Strategically located to serve the local community effectively, SwiftCare Urgent Care aims to be the premier provider of urgent medical care in Huntsville, ensuring that quality care is always within reach.

Success Factors

Our path to becoming the foremost urgent care provider in Huntsville is paved with several key success factors and accomplishments. Leveraging the invaluable experience of our founder, who has a successful track record in managing an urgent care center, we possess the insights and strategies needed for success. Our commitment to superior diagnosis and treatment options, coupled with a broad spectrum of services, distinguishes us from competitors. Since our establishment on January 6, 2024, we have made significant strides, including the development of our brand identity, securing a prime location, and laying the groundwork to offer unparalleled medical services to the Huntsville community.

Industry Analysis

The Urgent Care industry in the United States, valued at over $20 billion and comprising more than 10,000 centers, is on a rapid growth trajectory with an expected annual growth rate of 5.8% over the next five years. This growth is fueled by a rising demand for convenient, affordable healthcare services and a shift towards outpatient care. SwiftCare Urgent Care stands to benefit significantly from industry trends such as the increasing adoption of telemedicine services and the use of technology to streamline processes and improve patient outcomes. Additionally, the industry’s focus on patient-centered care and personalized experiences aligns with our mission to offer tailored services that meet the unique needs of our customers in Huntsville, TX, further positioning SwiftCare as a leader in the market.

Customer Analysis

SwiftCare Urgent Care targets Huntsville, TX residents in need of immediate medical attention for non-life-threatening conditions, including families, working professionals, students of Sam Houston State University, the elderly, and tourists. Our services cater to a wide array of needs, from minor injuries and flu symptoms to chronic condition management and preventive care. By offering extended hours and convenient location, we aim to accommodate the busy schedules of our diverse patient base, ensuring quick, efficient healthcare services that are both accessible and tailored to meet their specific health concerns.

Competitive Analysis

Our main competitors in Huntsville, TX, include Texpress Urgent Care, St. Luke’s Health Emergency Room-Huntsville, and Huntsville Memorial Hospital, each offering a range of healthcare services. Despite their presence, SwiftCare Urgent Care’s competitive advantage lies in our superior diagnostic capabilities and comprehensive treatment options. Our use of advanced medical technology and a highly skilled team allows for better diagnosis and treatment, setting us apart in the healthcare market. Our one-stop solution for various healthcare needs, coupled with our emphasis on convenience and patient experience, positions us as the preferred choice for urgent care services in the area.

Marketing Plan

SwiftCare Urgent Care offers a variety of essential healthcare services at competitive prices, from treating minor injuries and illnesses to providing diagnostic services, vaccinations, and physical examinations. Our marketing strategy focuses on digital campaigns, local SEO, and community engagement through events and sponsorships to build our presence in Huntsville, TX. We use targeted online advertising and direct mail campaigns to reach our audience, supplemented by press releases and positive patient reviews to build trust and credibility. By leveraging these promotional methods, we aim to establish SwiftCare Urgent Care as the go-to urgent care provider in the community.

Operations Plan

To ensure SwiftCare Urgent Care’s success, our operations plan encompasses efficient patient registration, medical evaluation and treatment, staff scheduling, inventory management, billing, patient follow-up, and strict adherence to hygiene protocols. We prioritize staff training and customer service to ensure high-quality care. Our milestones include securing a strategic location, obtaining necessary permits, completing facility setup, hiring and training staff, and launching targeted marketing campaigns. By achieving operational efficiency and reaching a monthly revenue of $15,000, we aim to ensure financial stability and set a foundation for future growth.

Management Team

Under the leadership of Penelope Scott, our President with extensive experience in the healthcare industry, the management team at SwiftCare Urgent Care brings operational and strategic expertise critical for our success. Scott’s proven track record in running urgent care centers ensures that SwiftCare is well-equipped to deliver high-quality services and achieve our goal of becoming the leading urgent care provider in Huntsville, TX.

Financial Plan

To reach our growth goals, SwiftCare Urgent Care requires $1,000,000 in funding. This investment will be allocated towards capital investments such as location buildout, equipment, and technology, as well as non-capital investments including working capital, initial rent, staff salaries for the first three months, marketing, supplies, and insurance. With this funding, we are poised to establish a solid foundation for our operations and drive sustainable growth.

Summary

Below is an overview of our expected financial performance over the next five years:

FY 1 FY 2 FY 3 FY 4 FY 5
Revenues $2,473,311 $2,678,176 $2,900,009 $3,140,218 $3,400,323
Direct Expenses $978,150 $1,027,982 $1,080,353 $1,135,392 $1,193,235
Gross Profit $1,495,160 $1,650,193 $1,819,656 $2,004,825 $2,207,087
Gross Profit (%) 60.5% 61.6% 62.7% 63.8% 64.9%
Other Expenses $97,085 $100,030 $103,065 $106,192 $109,414
EBITDA $1,398,075 $1,550,162 $1,716,590 $1,898,633 $2,097,673
Depreciation $114,000 $114,000 $114,000 $114,000 $114,000
Amortization $0 $0 $0 $0 $0
Interest Expense $100,000 $100,000 $100,000 $100,000 $100,000
Income Tax Expense $414,426 $467,656 $525,906 $589,621 $659,285
Net Income $769,649 $868,505 $976,683 $1,095,011 $1,224,387

 

II. Company Overview

SwiftCare Urgent Care is a pioneering new Urgent Care center dedicated to serving the people of Huntsville, TX. Our establishment is the newest addition to the local healthcare scene, born out of the necessity for high-quality urgent care services in the area. Recognizing the lack of premium urgent care centers locally, our mission is to fill this gap by providing superior healthcare services that our community can rely on.

At SwiftCare Urgent Care, our offerings are comprehensive, ensuring that we cater to a wide range of healthcare needs. Our services include the treatment of minor injuries, ensuring that those unexpected accidents can be addressed promptly without the need for a hospital visit. We specialize in the diagnosis and treatment of a variety of illnesses, providing peace of mind and the necessary care to get you back on your feet. Our diagnostic services are state-of-the-art, offering clarity and precision in medical evaluation. Understanding the importance of preventive healthcare, we also provide vaccinations and immunizations, alongside thorough physical examinations to assess your overall health and well-being.

Our center is strategically located in Huntsville, TX, making it accessible to residents seeking prompt and efficient medical care. This strategic location ensures that we are in the heart of the community, ready to serve our customers with the care they deserve.

Our confidence in the success of SwiftCare Urgent Care stems from a solid foundation. The expertise behind our operation is our founder, who brings invaluable experience from previously running a successful urgent care center. This, combined with our commitment to offering superior diagnosis, treatment of illnesses, and a broader spectrum of services than our competitors, positions us as a leading healthcare provider in Huntsville.

Since our founding on January 6, 2024, SwiftCare Urgent Care has achieved significant milestones as a Limited Liability Company. We’ve meticulously developed our brand identity, from designing our logo to creating our company name, and securing an ideal location for our center. These accomplishments mark just the beginning of our journey to becoming an integral part of Huntsville’s healthcare community.

 

III. Industry Analysis

The Urgent Care industry in the United States is currently valued at approximately $28 billion, with over 9,000 urgent care centers operating nationwide. This market size is expected to continue growing at a rapid pace, with an estimated annual growth rate of 5.8%. This growth is driven by factors such as increasing healthcare costs, long wait times at traditional healthcare facilities, and a growing emphasis on convenience and accessibility in healthcare services.

One of the key trends in the Urgent Care industry is the shift towards providing a wider range of services, including laboratory testing, imaging services, and even some specialty care. This trend bodes well for SwiftCare Urgent Care, as it positions itself as a comprehensive healthcare provider serving customers in Huntsville, TX. By offering a variety of services under one roof, SwiftCare can attract a broader customer base and meet the diverse healthcare needs of the local community.

Another trend in the Urgent Care industry is the increasing use of technology to improve patient care and streamline operations. From online appointment scheduling to telemedicine services, technology plays a crucial role in enhancing the patient experience and increasing operational efficiency. SwiftCare Urgent Care can leverage these technological advancements to provide a seamless and convenient healthcare experience for its customers, setting itself apart from competitors and driving growth in the rapidly expanding Urgent Care market.

 

IV. Customer Analysis

Below is a description of our target customers and their core needs.

Target Customers

We will primarily target local residents in Huntsville, TX, including families with children, young professionals, and the elderly. These groups will benefit from our convenient location and extended hours, making it easier for them to receive prompt medical attention. Our services will be tailored to meet the urgent healthcare needs of these community members, ensuring timely and efficient care.

In addition to local residents, we will also target university students from nearby colleges and universities. These students often require immediate medical care due to their busy schedules and limited access to primary care physicians. Our facility will offer the flexibility and accessibility they need for their urgent medical concerns.

We will also focus on serving the working population in Huntsville, TX. This includes employees from various industries who may need urgent care services outside of regular business hours. By providing extended hours and walk-in services, we will cater to the healthcare needs of busy professionals who require quick and reliable medical attention.

Another important customer segment we will target is tourists and visitors to Huntsville, TX. Given Huntsville’s attractions and events, visitors may occasionally require urgent care during their stay. Our strategic location and comprehensive services will ensure that tourists receive the medical attention they need promptly.

Customer Needs

SwiftCare Urgent Care fulfills the critical need for high-quality diagnosis and treatment of illnesses, ensuring residents have access to immediate and reliable healthcare services. Customers expect prompt attention and efficient service, minimizing wait times and maximizing care efficiency. This focus on timely treatment helps in preventing the escalation of minor ailments into serious health conditions.

Patients also seek a compassionate and personalized care experience, which SwiftCare delivers through a dedicated and professional medical team. The urgent care center provides a comfortable and welcoming environment, addressing both physical and emotional needs of patients. This holistic approach fosters trust and encourages repeat visits.

Accessibility and convenience are paramount for customers, and SwiftCare meets this need by offering extended hours, including weekends and holidays. The facility is strategically located and easily accessible, ensuring that urgent medical care is within reach for the community. Additionally, SwiftCare offers a range of services from minor injuries to diagnostic tests, making it a one-stop solution for various healthcare needs.

 

V. Competitive Analysis

Direct Competitors

SwiftCare Urgent Care’s competitors include the following companies:

Texpress Urgent Care

Texpress Urgent Care provides a range of medical services including treatment for minor injuries, illnesses, and diagnostic services such as X-rays and lab testing.

They offer competitive pricing with a typical visit costing between $100 and $150. They generate an estimated annual revenue of approximately $2 million.

Located in Huntsville, TX, Texpress Urgent Care caters primarily to local residents and nearby communities. Their key strengths include a convenient location and a reputation for fast service.

However, they face challenges with limited specialized services and occasional long waiting times during peak hours.

St. Luke’s Health Emergency Room-Huntsville

St. Luke’s Health Emergency Room-Huntsville offers emergency medical services, including trauma care, cardiac care, and advanced diagnostic imaging.

Their pricing is higher due to the specialized and emergency nature of their services, with costs often exceeding $500 per visit. They have substantial annual revenues estimated at over $10 million.

Located in the heart of Huntsville, this facility serves a broad demographic including both local residents and those from surrounding regions. Their key strengths lie in their comprehensive emergency care and highly trained medical staff.

Weaknesses include higher costs and longer waiting times for non-critical cases.

Huntsville Memorial Hospital

Huntsville Memorial Hospital provides a full spectrum of healthcare services, from emergency care to specialized medical treatments and surgical procedures.

Prices vary widely depending on the service, with general consultations starting around $200 and more complex procedures costing significantly more. They generate substantial annual revenues, estimated at over $50 million.

Located in Huntsville, TX, the hospital serves a diverse customer base including local residents and patients from neighboring areas. Their strengths include a wide range of medical services and state-of-the-art facilities.

However, weaknesses include high costs and potential delays for non-emergency services.

Competitive Advantages

At SwiftCare Urgent Care, we pride ourselves on offering superior diagnosis and treatment of illnesses compared to our competitors. Our team of highly skilled medical professionals utilizes state-of-the-art diagnostic tools and evidence-based practices to ensure that each patient receives the most accurate and effective care possible. We focus on continuous training and staying updated with the latest medical advancements, which enables us to provide a level of service that sets us apart in the healthcare landscape.

Additionally, we offer a comprehensive range of services that go beyond the standard urgent care offerings. Our facility is equipped to handle not only common illnesses but also minor injuries, providing a one-stop solution for a wide variety of healthcare needs. This extensive service range means that patients can receive complete care without the need for multiple visits to different specialists. Furthermore, our convenient location and extended hours make it easier for patients to access the care they need, when they need it, enhancing overall patient satisfaction and loyalty.

VI. Marketing Plan

Our marketing plan, included below, details our products/services, pricing and promotions plan.

Products, Services & Pricing

SwiftCare Urgent Care offers a range of essential medical services tailored to meet the immediate needs of the community. Treatment of Minor Injuries is one of the primary services, addressing common issues such as cuts, bruises, sprains, and minor fractures. The average cost for such treatments is around $150, depending on the complexity of the injury and the required interventions.

Another critical service provided is the Diagnosis and Treatment of Illnesses. This includes care for conditions like the flu, colds, infections, and other non-life-threatening illnesses. Patients can expect to pay approximately $120 for these services, which encompass both the diagnostic process and the initial treatment plan.

Diagnostic Services form another cornerstone of SwiftCare’s offerings. These services include X-rays, lab tests, and other imaging services necessary for accurate diagnosis. The average price for diagnostic services is about $100, although this can vary based on the specific tests required.

SwiftCare also provides Vaccinations and Immunizations, essential for both preventative care and compliance with school or employment requirements. The cost for vaccinations typically ranges from $25 to $50 per shot, depending on the type of vaccine administered.

Physical Examinations are available for various needs, including routine health checks, sports physicals, and pre-employment screenings. These examinations generally cost around $75, providing a comprehensive overview of the patient’s current health status and any recommendations for further care.

Promotions Plan

At SwiftCare Urgent Care, we believe in employing a comprehensive and dynamic approach to attract and retain customers in Huntsville, TX. We utilize a variety of promotional methods to ensure our services reach a broad audience and effectively communicate our unique value propositions.

Our online marketing strategy includes a robust presence on social media platforms such as Facebook, Instagram, and Twitter. We engage with our audience through regular posts, health tips, and interactive sessions like Q&As and live streaming events. Additionally, we leverage search engine optimization (SEO) to improve our website’s visibility on search engines, ensuring potential customers find us easily when searching for urgent care services.

Email marketing forms a core component of our strategy. We maintain a well-segmented email list to send personalized health information, promotional offers, and updates about new services. This fosters a strong relationship with our customers and keeps them informed about important health-related topics.

We also invest in pay-per-click (PPC) advertising to target specific demographics and geographic locations. This ensures that our ads reach individuals who are most likely to need our services. Our PPC campaigns are designed to be cost-effective while maximizing our reach and impact.

Community engagement is another crucial aspect of our promotional efforts. We participate in local events, health fairs, and sponsorship opportunities to establish a strong community presence. By being visible and active in local activities, we build trust and credibility within the community.

To further enhance our visibility, we collaborate with local businesses and healthcare providers. These partnerships help us reach a wider audience and provide mutual benefits through referral systems. We also offer educational workshops and free health screenings to demonstrate our commitment to community health and wellness.

Traditional marketing methods such as print advertisements in local newspapers and magazines, as well as radio spots, remain an important part of our strategy. These methods help us reach segments of the population who may not be as active online but still value reliable healthcare services.

Lastly, we actively seek feedback and testimonials from satisfied customers to share on our website and social media channels. Positive reviews and word-of-mouth referrals significantly enhance our reputation and attract new customers looking for trusted urgent care services.

Through these diverse and effective promotional methods, we aim to establish SwiftCare Urgent Care as the go-to provider for urgent healthcare needs in Huntsville, TX.

 

VII. Operations Plan

Our Operations Plan details:

  1. The key day-to-day processes that our business performs to serve our customers
  2. The key business milestones that our company expects to accomplish as we grow

 

Key Operational Processes

To ensure the success of SwiftCare Urgent Care, there are several key day-to-day operational processes that we will perform:

  • Maintain a clean and welcoming facility to ensure a positive patient experience.
  • Implement efficient patient check-in and check-out procedures to minimize wait times.
  • Ensure all medical equipment and supplies are properly stocked and maintained.
  • Provide timely and accurate diagnosis and treatment for a variety of urgent medical issues.
  • Maintain clear and accurate patient records and ensure confidentiality and compliance with HIPAA regulations.
  • Schedule and manage staffing to ensure adequate coverage during all operating hours.
  • Offer telemedicine services to provide care for patients who prefer remote consultations.
  • Manage billing and insurance claims efficiently to ensure timely payment and reimbursement.
  • Engage in ongoing staff training and development to ensure high-quality care and compliance with current medical standards.
  • Foster strong relationships with local healthcare providers and hospitals for referrals and collaborative care.
  • Utilize patient feedback to continuously improve services and patient satisfaction.
  • Implement marketing strategies to attract new patients and retain existing ones.
  • Ensure compliance with all local, state, and federal healthcare regulations and guidelines.
  • Monitor and manage inventory levels of medications, vaccines, and other medical supplies.
  • Conduct regular financial reviews and budgeting to ensure the financial health of the clinic.

Milestones

SwiftCare Urgent Care expects to complete the following milestones in the coming months in order to ensure its success:

  • Secure Location: Identify and secure a strategic location in Huntsville, TX that is easily accessible and visible to potential patients.
  • Obtain Necessary Permits and Licenses: Ensure all legal requirements, including medical certifications, business licenses, and health department permits, are obtained.
  • Facility Setup and Renovation: Complete build-out or renovation of the facility to meet healthcare regulations and create a welcoming environment for patients.
  • Hire and Train Staff: Recruit qualified medical professionals and administrative staff, and provide comprehensive training to ensure high-quality patient care and efficient operations.
  • Establish Supplier Agreements: Secure contracts with medical supply vendors and ensure a steady supply of necessary medical equipment and pharmaceuticals.
  • Implement EHR System: Deploy an Electronic Health Record (EHR) system to streamline patient management, ensure compliance with healthcare regulations, and improve care quality.
  • Launch Marketing Campaign: Execute a targeted marketing campaign to raise awareness about the urgent care center, including online marketing, community outreach, and partnerships with local businesses.
  • Launch Urgent Care Center: Open the doors to patients, ensuring all systems and staff are fully operational and ready to provide high-quality care.
  • Achieve Operational Efficiency: Refine and optimize operational processes to reduce wait times, improve patient satisfaction, and manage costs effectively.
  • Reach $15,000/Month in Revenue: Attain a monthly revenue of $15,000, ensuring financial stability and setting a foundation for future growth and expansion.

 

VIII. Management Team

Our management team has the experience and expertise to successfully execute on our business plan.

Management Team Members

SwiftCare Urgent Care management team, which includes the following members, has the experience and expertise to successfully execute on our business plan:

Penelope Scott, President

Penelope Scott has a history of success and has successfully run an urgent care center in the past. Her extensive experience in managing healthcare operations ensures that SwiftCare Urgent Care is well-positioned to provide top-quality services to its patients. With her proven track record, Penelope brings strategic vision and operational excellence to the team, helping to drive the organization’s growth and success.

 

IX. Financial Plan

Summary

Below is an overview of our expected financial performance over the next five years:

FY 1 FY 2 FY 3 FY 4 FY 5
Revenues $2,473,311 $2,678,176 $2,900,009 $3,140,218 $3,400,323
Direct Expenses $978,150 $1,027,982 $1,080,353 $1,135,392 $1,193,235
Gross Profit $1,495,160 $1,650,193 $1,819,656 $2,004,825 $2,207,087
Gross Profit (%) 60.5% 61.6% 62.7% 63.8% 64.9%
Other Expenses $97,085 $100,030 $103,065 $106,192 $109,414
EBITDA $1,398,075 $1,550,162 $1,716,590 $1,898,633 $2,097,673
Depreciation $114,000 $114,000 $114,000 $114,000 $114,000
Amortization $0 $0 $0 $0 $0
Interest Expense $100,000 $100,000 $100,000 $100,000 $100,000
Income Tax Expense $414,426 $467,656 $525,906 $589,621 $659,285
Net Income $769,649 $868,505 $976,683 $1,095,011 $1,224,387

Funding Requirements/Use of Funds

To accomplish our growth goals, SwiftCare Urgent Care needs $1,000,000 in funding. Key uses of this funding will be as follows:

Capital Investments
Location Buildout $200,000
Furniture $50,000
Equipment $200,000
Machines $100,000
Computers and Software $20,000
Non Capital Investments
Working Capital $200,000
Initial Rent/Lease $20,000
Staff Salaries for First 3 Months $150,000
Initial Marketing and Advertising $30,000
Supplies $10,000
Insurance $20,000

Financial Projections

financial projection urgent care business plan

5 Year Annual Income Statement

FY 1 FY 2 FY 3 FY 4 FY 5
Revenues
Revenues $2,473,311 $2,678,176 $2,900,009 $3,140,218 $3,400,323
Total Revenues $2,473,311 $2,678,176 $2,900,009 $3,140,218 $3,400,323
Direct Costs
Direct Costs $978,150 $1,027,982 $1,080,353 $1,135,392 $1,193,235
Total Direct Costs $978,150 $1,027,982 $1,080,353 $1,135,392 $1,193,235
GROSS PROFIT $1,495,160 $1,650,193 $1,819,656 $2,004,825 $2,207,087
GROSS PROFIT % 60.5% 61.6% 62.7% 63.8% 64.9%
Other Expenses
Salaries $72,814 $75,023 $77,299 $79,644 $82,060
Marketing Expenses $6,067 $6,251 $6,441 $6,637 $6,838
Rent/Utility Expenses $6,067 $6,251 $6,441 $6,637 $6,838
Other Expenses $12,135 $12,503 $12,883 $13,274 $13,676
Total Other Expenses $97,085 $100,030 $103,065 $106,192 $109,414
EBITDA $1,398,075 $1,550,162 $1,716,590 $1,898,633 $2,097,673
Depreciation $114,000 $114,000 $114,000 $114,000 $114,000
Amortization $0 $0 $0 $0 $0
EBIT $1,284,075 $1,436,162 $1,602,590 $1,784,633 $1,983,673
Interest Expense $100,000 $100,000 $100,000 $100,000 $100,000
PRETAX INCOME $1,184,075 $1,336,162 $1,502,590 $1,684,633 $1,883,673
Net Operating Loss $0 $0 $0 $0 $0
Use of Net Operating Loss $0 $0 $0 $0 $0
Taxable Income $1,184,075 $1,336,162 $1,502,590 $1,684,633 $1,883,673
Income Tax Expense $414,426 $467,656 $525,906 $589,621 $659,285
NET INCOME $769,649 $868,505 $976,683 $1,095,011 $1,224,387
Net Profit Margin (%) 31.1% 32.4% 33.7% 34.9% 36%

5 Year Annual Balance Sheet

FY 1 FY 2 FY 3 FY 4 FY 5
ASSETS
Cash $1,192,567 $2,161,967 $3,238,311 $4,437,630 $4,759,431
Other Current Assets $212,300 $229,884 $248,926 $261,684 $283,360
Total Current Assets $1,404,868 $2,391,852 $3,487,237 $4,699,315 $5,042,791
Intangible Assets $0 $0 $0 $0 $0
Acc Amortization $0 $0 $0 $0 $0
Net Intangibles $0 $0 $0 $0 $0
Fixed Assets $570,000 $570,000 $570,000 $570,000 $570,000
Accum Depreciation $114,000 $228,000 $342,000 $456,000 $570,000
Net fixed assets $456,000 $342,000 $228,000 $114,000 $0
Preliminary Exp $0 $0 $0 $0 $0
TOTAL ASSETS $1,860,868 $2,733,852 $3,715,237 $4,813,315 $5,042,791
LIABILITIES & EQUITY
Current Liabilities $91,219 $95,697 $100,399 $103,465 $108,554
Debt outstanding $1,000,000 $1,000,000 $1,000,000 $1,000,000 $0
Total Liabilities $1,091,219 $1,095,697 $1,100,399 $1,103,465 $108,554
Share Capital $0 $0 $0 $0 $0
Retained earnings $769,649 $1,638,154 $2,614,838 $3,709,850 $4,934,237
Total Equity $769,649 $1,638,154 $2,614,838 $3,709,850 $4,934,237
TOTAL LIABILITIES & EQUITY $1,860,868 $2,733,852 $3,715,237 $4,813,315 $5,042,791

5 Year Annual Cash Flow Statement

FY 1 FY 2 FY 3 FY 4 FY 5
CASH FLOW FROM OPERATIONS
Net Income (Loss) $769,649 $868,505 $976,683 $1,095,011 $1,224,387
Change in Working Capital ($121,081) ($13,106) ($14,339) ($9,692) ($16,586)
Plus Depreciation $114,000 $114,000 $114,000 $114,000 $114,000
Plus Amortization $0 $0 $0 $0 $0
Net Cash Flow from Operations $762,567 $969,399 $1,076,344 $1,199,319 $1,321,800
CASH FLOW FROM INVESTMENTS
Fixed Assets ($570,000) $0 $0 $0 $0
Intangible Assets $0 $0 $0 $0 $0
Net Cash Flow from Investments ($570,000) $0 $0 $0 $0
CASH FLOW FROM FINANCING
Cash from Equity $0 $0 $0 $0 $0
Cash from Debt financing $1,000,000 $0 $0 $0 ($1,000,000)
Net Cash Flow from Financing $1,000,000 $0 $0 $0 ($1,000,000)
Net Cash Flow $1,192,567 $969,399 $1,076,344 $1,199,319 $321,800
Cash at Beginning of Period $0 $1,192,567 $2,161,967 $3,238,311 $4,437,630
$1,192,567 $2,161,967 $3,238,311 $4,437,630 $4,759,431

 

Dave Lavinsky
Over the past 25 years, Dave Lavinsky, Founder of PlanPros has helped over 1 million entrepreneurs develop business plans.
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