If you’re looking to create a reiki business plan, you’ve come to the right place!
Over the past 25 years, the PlanPros team has helped over 1 million entrepreneurs and business owners write business plans….and many of them have started and grown successful reiki businesses. Our reiki business plan example below is sure to help you!
Reiki Business Plan Example
Below is our reiki business plan template and sample plan created using our ai business plan generator:
I. Executive Summary
Company Overview
At EnergyHarmony Reiki Center, located in a serene environment suitable for Reiki sessions, we are dedicated to enhancing the well-being of our clients through the ancient healing art of Reiki. Our center offers a tranquil space where individuals can experience healing, relaxation, and a sense of harmony. Our team consists of qualified Reiki practitioners who are committed to providing personalized and compassionate care to each client. By focusing on the holistic improvement of our clients’ physical, emotional, and spiritual health, we strive to become a leading Reiki center in our community.
Success Factors
Our journey to becoming a trusted Reiki center is marked by key success factors and accomplishments. We’ve meticulously selected an accessible location that provides a serene environment for our therapy sessions. Our commitment to meeting all regulatory and legal requirements, alongside creating a calming and inviting center atmosphere, sets us apart. We’ve assembled a team of qualified Reiki practitioners and support staff, ensuring high-quality service. Launching our Reiki services has been complemented by a targeted marketing campaign, aimed at building awareness and establishing a strong community presence. These steps, along with our focus on client feedback and service optimization, guide us towards achieving our goal of $15,000/month in revenue and fostering community engagement and partnerships.
Industry Analysis
The wellness industry, particularly the niche of Reiki and energy healing, is experiencing significant growth, driven by increasing awareness and acceptance of alternative healing methods. As more individuals seek holistic approaches to health and well-being, the demand for services like Reiki has surged. This trend is supported by a growing body of research highlighting the benefits of Reiki in stress reduction, relaxation, and the promotion of healing. The industry’s expansion is further fueled by the broader wellness movement, which emphasizes preventive healthcare and natural therapies. Our center is positioned to meet this rising demand by offering professional and compassionate Reiki services, capitalizing on the industry’s positive trajectory.
Customer Analysis
Our target customers are individuals seeking alternative and complementary methods to improve their health and well-being. These include people experiencing stress, those recovering from illnesses, and those interested in personal development and spiritual growth. Our clients value a holistic approach to health, preferring natural and non-invasive therapies. They range from young adults to seniors, reflecting a broad demographic appeal. By understanding our clients’ needs for tranquility, healing, and personal care, we tailor our services to provide a nurturing and supportive environment, fostering a loyal client base seeking regular Reiki treatments.
Competitive Analysis
- Healing Hands Wellness Center: Offers a variety of wellness services including Reiki, with an emphasis on holistic health.
- Tranquil Energy Spa: Specializes in energy healing and spa services, providing a comprehensive wellness experience.
- Serenity Reiki Retreat: A retreat-based center focusing on intensive Reiki sessions and holistic wellness programs.
Our competitive advantages lie in our personalized approach to Reiki sessions, the serene and accessible location of our center, and our dedicated team of qualified practitioners. These factors, combined with our commitment to client satisfaction and continuous improvement, position us as a preferred choice for clients seeking Reiki and holistic healing services.
Marketing Plan
Our marketing plan focuses on highlighting our unique Reiki services, serene environment, and personalized care. We offer a range of Reiki session packages, competitively priced to cater to diverse client needs. Our promotions plan includes targeted social media campaigns, local advertising, and establishing partnerships with local businesses to reach our audience effectively. By emphasizing the benefits of Reiki for stress reduction and holistic well-being, we aim to attract clients seeking natural healing methods. Additionally, we plan to host workshops and participate in community events to raise awareness and demonstrate the value of our services, fostering a strong community presence and customer loyalty.
Operations Plan
Our operations are centered around key processes that ensure the smooth running of the EnergyHarmony Reiki Center. These include securing a suitable location, obtaining necessary permits, creating a welcoming center environment, and hiring and training staff. Our milestones include launching Reiki services, implementing marketing strategies, and developing membership programs. We’re committed to optimizing our services based on client feedback, aiming to reach $15,000/month in revenue. Community engagement and partnerships are also integral to our operations, supporting our goal to establish a reputable and thriving Reiki center.
Management Team
Our management team consists of experienced professionals in the fields of Reiki, wellness, and business management. The team’s expertise spans clinical Reiki practice, customer service, and business operations, ensuring a well-rounded approach to running the center. Our leadership is committed to fostering a supportive environment for both staff and clients, emphasizing professional development, quality care, and operational excellence. This blend of skills and dedication positions us to achieve our objectives and drive the success of EnergyHarmony Reiki Center.
Financial Plan
To reach our growth goals, we require funding to cover the costs associated with securing our location, facility setup, obtaining permits, and initial marketing efforts. Our financial strategy is designed to ensure we have the necessary resources to establish and grow our center, aiming for profitability and a stable revenue stream. By carefully managing our finances and focusing on client satisfaction and service quality, we are confident in our ability to achieve financial success and make a positive impact on the well-being of our community.
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 | $2,967,973 | $3,213,811 | $3,480,011 | $3,768,261 | $4,080,387 |
Direct Expenses | $1,222,688 | $1,284,978 | $1,350,441 | $1,419,240 | $1,491,544 |
Gross Profit | $1,745,285 | $1,928,833 | $2,129,569 | $2,349,021 | $2,588,843 |
Gross Profit (%) | 58.8% | 60% | 61.2% | 62.3% | 63.4% |
Other Expenses | $97,085 | $100,030 | $103,065 | $106,192 | $109,414 |
EBITDA | $1,648,200 | $1,828,802 | $2,026,504 | $2,242,828 | $2,479,428 |
Depreciation | $12,000 | $12,000 | $12,000 | $12,000 | $12,000 |
Amortization | $0 | $0 | $0 | $0 | $0 |
Interest Expense | $8,950 | $8,950 | $8,950 | $8,950 | $8,950 |
Income Tax Expense | $569,537 | $632,748 | $701,943 | $777,657 | $860,467 |
Net Income | $1,057,712 | $1,175,103 | $1,303,610 | $1,444,221 | $1,598,011 |
II. Company Overview
EnergyHarmony Reiki Center is a new Reiki practice serving the vibrant community of Commerce City, CO. As a local Reiki center, we are proud to fill the gap in high-quality holistic healing services within the area. Our mission is to provide our clients with a sanctuary for healing and personal growth, leveraging the transformative power of Reiki energy.
At EnergyHarmony Reiki Center, we offer a comprehensive range of services designed to nurture your mind, body, and spirit. Our offerings include Reiki Healing Sessions tailored to meet the individual needs of our clients, Reiki Training and Certification Courses for those interested in deepening their practice or becoming practitioners themselves, and a selection of Healing Crystals and Stones to support energetic healing. We also provide Guided Meditation and Relaxation Products to facilitate a peaceful mind, as well as Reiki-Infused Products that carry the healing vibrations of Reiki energy into your daily life.
Located in the heart of Commerce City, CO, EnergyHarmony Reiki Center is dedicated to serving the local community with our specialized services. We believe that our strategic location, combined with our commitment to excellence, positions us as a beacon of healing and relaxation for all our customers.
Our ability to succeed is rooted in several key factors. The founder of EnergyHarmony Reiki Center brings valuable experience from running a previously successful Reiki practice, ensuring a strong foundation and clear vision for our center. Additionally, our focus on providing superior holistic healing and energy work services sets us apart from the competition, making us a unique and sought-after destination for wellness in Commerce City.
Since our founding on January 6, 2024, EnergyHarmony Reiki Center has achieved significant milestones as an S Corporation. We have successfully designed our logo, developed our company name, and secured a prime location for our practice. These accomplishments reflect our dedication to establishing a professional and welcoming environment for our clients, as we continue to grow and evolve in our mission to promote healing and well-being.
III. Industry Analysis
The Reiki industry in the United States is currently estimated to be worth over $100 million, with a steady annual growth rate of 6-8%. As more people are seeking alternative and holistic healing practices, the demand for Reiki services is expected to continue to rise. This growth is driven by factors such as increasing awareness of the benefits of Reiki, growing acceptance of alternative medicine, and a shift towards preventative healthcare.
Recent trends in the Reiki industry show a strong focus on personalized and customized healing experiences, as well as an emphasis on incorporating Reiki into mainstream healthcare practices. EnergyHarmony Reiki Center, located in Commerce City, CO, is well-positioned to capitalize on these trends. By offering tailored Reiki treatments to meet the individual needs of their clients and establishing partnerships with healthcare providers, EnergyHarmony Reiki Center can differentiate itself in the market and attract a loyal customer base.
Additionally, the rise of online platforms and social media has made it easier for Reiki practitioners like EnergyHarmony Reiki Center to reach a wider audience and promote their services. By leveraging digital marketing strategies and building a strong online presence, EnergyHarmony Reiki Center can tap into the growing market of consumers seeking alternative healing therapies. With the Reiki industry showing no signs of slowing down, EnergyHarmony Reiki Center has a promising future ahead in Commerce City, CO.
IV. Customer Analysis
Below is a description of our target customers and their core needs.
Target Customers
EnergyHarmony Reiki Center will target local residents in Commerce City, CO, including individuals seeking holistic and alternative health solutions. These customers will typically consist of those experiencing high levels of stress, chronic pain, or emotional imbalances who are looking for non-invasive therapeutic options. We will also attract clients interested in maintaining overall wellness and complementing other medical treatments with Reiki sessions.
We will target working professionals who are dealing with workplace stress and burnout, offering them a peaceful retreat to rejuvenate and restore their energy levels. Moreover, we will focus on attracting senior citizens who may benefit from the gentle, non-invasive nature of Reiki to alleviate age-related aches and stress. Additionally, we will tailor services to young adults and college students who are navigating academic pressures and personal challenges, providing them a sanctuary for mental and emotional balance.
EnergyHarmony Reiki Center will also serve individuals recovering from traumatic experiences or major life changes, providing a supportive environment for emotional healing. This customer segment will include those coping with grief, divorce, or significant health diagnoses who are in need of compassionate and holistic care. We will further extend our services to athletes and physically active individuals seeking to enhance their performance and expedite recovery through energy healing techniques.
Finally, we will reach out to expectant mothers and new parents looking for natural ways to manage pregnancy-related discomfort and postnatal recovery. Our services will be beneficial for those looking to harmonize their energy levels and foster a nurturing environment for both themselves and their infants. We will also engage with local businesses and community organizations to offer group sessions and workshops, promoting overall community well-being and awareness about the benefits of Reiki.
Customer Needs
Customers seek high-quality services centered around holistic healing and energy work, addressing their physical, emotional, and spiritual well-being. They expect trained practitioners who can offer personalized Reiki sessions tailored to their unique needs and conditions. The center provides a tranquil and welcoming environment, fostering relaxation and inner peace.
Clients look for a trustworthy and consistent service provider who can offer ongoing support and guidance on their healing journey. They value the accessibility of various treatment options, from in-person sessions to remote healing. Additionally, clients appreciate educational resources and workshops that enhance their understanding of Reiki and holistic health.
Many customers desire a sense of community and connection with like-minded individuals who share an interest in holistic practices. The center fulfills this need by hosting community events, group sessions, and social gatherings. These activities help customers feel supported and engaged, enhancing their overall experience and commitment to their wellness journey.
V. Competitive Analysis
Direct Competitors
EnergyHarmony Reiki Center’s competitors include the following companies:
Connective Wellness
Connective Wellness offers a variety of wellness services including Reiki, massage therapy, and yoga classes. They offer packages that range from $50 for a single session to $400 for a series of 10 sessions. Revenues are estimated to be around $250,000 annually. Located in downtown Denver, they attract a diverse customer segment including working professionals, retirees, and young adults. They serve primarily the Denver metropolitan area. Key strengths include a broad range of services and experienced practitioners. A key weakness is high prices which may not be accessible to everyone.
Ancient Thai Bodywork
Ancient Thai Bodywork specializes in Thai massage, Reiki, and reflexology. Their price points range from $60 for a 60-minute session to $350 for a package of 6 sessions. Revenues are estimated at approximately $200,000 annually. They are located in Aurora, CO, and their primary customer segments include middle-aged adults and health-conscious individuals. They serve the Aurora and surrounding areas. Key strengths include specialized Thai techniques and a strong local reputation. A key weakness is a limited range of services compared to competitors.
Acupuncture Denver
Acupuncture Denver provides acupuncture, herbal medicine, and Reiki services. Price points for their services range from $70 for a single acupuncture session to $600 for comprehensive wellness packages. Revenues are estimated to be around $300,000 annually. They are located in the Cherry Creek neighborhood of Denver, serving a primarily affluent and health-oriented customer base. They serve mainly the central Denver area. Key strengths include a focus on holistic health and a prime location. A key weakness is premium pricing, which may limit accessibility.
Competitive Advantages
Our center offers unparalleled services centered around holistic healing and energy work, setting us apart from the competition. We prioritize the well-being of our clients by providing personalized treatment plans tailored to individual needs. Unlike other centers, we employ highly trained and certified Reiki practitioners who bring a wealth of experience and expertise. This ensures that our clients receive the highest quality care and the most effective treatments. Additionally, our center integrates a variety of complementary therapies such as sound healing, crystal therapy, and meditation sessions, enhancing the overall healing experience.
We have created a serene and welcoming environment that fosters relaxation and rejuvenation from the moment clients walk through our doors. Our state-of-the-art facilities include private treatment rooms, soothing ambient music, and aromatherapy, all designed to create a tranquil atmosphere conducive to healing. Furthermore, we actively engage with the local community through workshops, seminars, and wellness events, positioning us as a trusted and integral part of the community’s well-being. Our commitment to holistic health, combined with our comprehensive range of services and community involvement, gives us a significant competitive advantage in the market.
VI. Marketing Plan
Our marketing plan, included below, details our products/services, pricing and promotions plan.
Products, Services & Pricing
EnergyHarmony Reiki Center offers a diverse array of products and services tailored to promote holistic well-being and spiritual growth. Key among these offerings is the Reiki Healing Sessions, where clients receive personalized energy healing treatments aimed at reducing stress, inducing relaxation, and promoting physical and emotional health. Each session typically lasts about 60 minutes and is priced at an average of $75.
For those interested in becoming practitioners themselves, EnergyHarmony provides Reiki Training and Certification Courses. These courses are structured in different levels, from beginner to advanced, ensuring that participants gain comprehensive knowledge and practical skills in Reiki. The price for these courses can range from $150 for introductory levels to $500 for advanced certification.
Complementing the healing sessions and training courses, EnergyHarmony also offers a selection of Healing Crystals and Stones. These products are believed to enhance and support the Reiki healing process, providing additional benefits such as improved energy flow and emotional balance. Prices for these crystals and stones vary depending on their size and rarity, typically ranging from $10 to $100.
Guided Meditation and Relaxation Products are another key offering, designed to help clients achieve deeper states of relaxation and mindfulness. These products include meditation CDs, audio downloads, and guided relaxation scripts, with prices averaging around $20 to $30.
In addition, EnergyHarmony features a variety of Reiki-Infused Products. These include items such as oils, candles, and bath salts that are infused with Reiki energy and intended to enhance the user’s sense of well-being. The average price for these products is around $15 to $40, depending on the specific item and its size.
Promotions Plan
VII. Operations Plan
Our Operations Plan details:
- The key day-to-day processes that our business performs to serve our customers
- The key business milestones that our company expects to accomplish as we grow
Key Operational Processes
To ensure the success of EnergyHarmony Reiki Center, there are several key day-to-day operational processes that we will perform:
- Client Scheduling: Manage a user-friendly online booking system and ensure timely responses to phone and email inquiries to schedule appointments effectively.
- Client Intake and Consultation: Conduct initial consultations with new clients to understand their needs and medical history, and maintain detailed client records.
- Service Delivery: Provide high-quality Reiki sessions tailored to individual client needs, ensuring a peaceful and healing environment.
- Sanitization and Cleanliness: Maintain a clean and hygienic practice space by sanitizing treatment rooms and equipment between sessions.
- Inventory Management: Track and manage inventory of essential supplies such as oils, candles, and other Reiki tools to ensure they are always available.
- Client Follow-up: Conduct follow-up calls or emails to check on clients’ well-being and satisfaction post-session, and schedule future appointments.
- Financial Management: Handle billing, invoicing, and payment collection; maintain accurate financial records and prepare daily financial summaries.
- Marketing and Promotion: Implement marketing strategies including social media posts, local advertising, and community events to attract new clients and retain existing ones.
- Staff Training and Development: Provide ongoing training for staff to ensure they are knowledgeable about the latest Reiki techniques and client care practices.
- Customer Service: Offer exceptional customer service by addressing client concerns promptly and ensuring a positive experience at every touchpoint.
- Compliance and Licensing: Ensure compliance with local health regulations and maintain necessary licenses and certifications.
- Technology Maintenance: Regularly update and maintain the website, booking system, and any other technological tools used in daily operations.
- Community Engagement: Participate in local wellness fairs, workshops, and other community events to build brand awareness and form partnerships.
Milestones
EnergyHarmony Reiki Center expects to complete the following milestones in the coming months in order to ensure its success:
- Securing a Suitable Location: Identify and lease a location that is accessible, has adequate space for therapy rooms, and provides a serene environment suitable for Reiki sessions.
- Obtaining Necessary Permits and Licenses: Ensure all regulatory and legal requirements are met, including business licenses, health permits, and any other local compliance necessities.
- Facility Setup and Design: Complete the interior design and furnishing of the center to create a calming and inviting atmosphere, including therapy rooms, reception, and waiting areas.
- Hiring and Training Staff: Recruit qualified Reiki practitioners and support staff, and provide comprehensive training to ensure high-quality service and customer care.
- Launch Our Reiki Services: Officially open the center and begin offering Reiki sessions to clients, along with any other wellness services planned.
- Implement Marketing and Promotion Strategies: Execute a targeted marketing campaign to build awareness, attract clients, and establish a strong community presence. This includes social media, local advertising, and partnerships with local businesses.
- Client Feedback and Service Optimization: Collect and analyze client feedback regularly to continually refine and improve services, ensuring high satisfaction and repeat business.
- Membership and Loyalty Programs: Develop and launch membership or loyalty programs to encourage repeat visits and build a stable client base.
- Reaching $15,000/Month in Revenue: Monitor financial performance and implement strategies to achieve a monthly revenue of $15,000, ensuring the business is on a path to profitability.
- Community Engagement and Partnerships: Establish and maintain relationships with local health and wellness partners, participate in community events, and offer workshops or informational sessions to increase visibility and credibility.
VIII. Management Team
Our management team has the experience and expertise to successfully execute on our business plan.
Management Team Members
EnergyHarmony Reiki Center management team, which includes the following members, has the experience and expertise to successfully execute on our business plan:
Christian Gomez, President
Christian Gomez has a history of success and has successfully run a reiki center in the past. With years of hands-on experience in the wellness industry, Christian has developed a deep understanding of reiki practices and holistic health management. His previous leadership experience in running a reiki center has equipped him with the necessary skills to guide EnergyHarmony Reiki Center to new heights. Christian’s commitment to promoting well-being and his strategic vision make him an invaluable leader for the organization.
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 | $2,967,973 | $3,213,811 | $3,480,011 | $3,768,261 | $4,080,387 |
Direct Expenses | $1,222,688 | $1,284,978 | $1,350,441 | $1,419,240 | $1,491,544 |
Gross Profit | $1,745,285 | $1,928,833 | $2,129,569 | $2,349,021 | $2,588,843 |
Gross Profit (%) | 58.8% | 60% | 61.2% | 62.3% | 63.4% |
Other Expenses | $97,085 | $100,030 | $103,065 | $106,192 | $109,414 |
EBITDA | $1,648,200 | $1,828,802 | $2,026,504 | $2,242,828 | $2,479,428 |
Depreciation | $12,000 | $12,000 | $12,000 | $12,000 | $12,000 |
Amortization | $0 | $0 | $0 | $0 | $0 |
Interest Expense | $8,950 | $8,950 | $8,950 | $8,950 | $8,950 |
Income Tax Expense | $569,537 | $632,748 | $701,943 | $777,657 | $860,467 |
Net Income | $1,057,712 | $1,175,103 | $1,303,610 | $1,444,221 | $1,598,011 |
Funding Requirements/Use of Funds
To accomplish our growth goals, EnergyHarmony Reiki Center needs $89,500 in funding. Key uses of this funding will be as follows:
Capital Investments | |
---|---|
Buildings/Location Buildout | $50,000 |
Furniture | $5,000 |
Equipment | $2,000 |
Machines | $1,000 |
Computers and Software | $2,000 |
Non Capital Investments | |
---|---|
Working Capital | $10,000 |
Initial Rent/Lease | $3,000 |
Staff Salaries for the First 3 Months | $9,000 |
Initial Marketing and Advertising | $5,000 |
Supplies | $500 |
Insurance | $2,000 |
Financial Projections
5 Year Annual Income Statement
FY 1 | FY 2 | FY 3 | FY 4 | FY 5 | ||
---|---|---|---|---|---|---|
Revenues | ||||||
Revenues | $2,967,973 | $3,213,811 | $3,480,011 | $3,768,261 | $4,080,387 | |
Total Revenues | $2,967,973 | $3,213,811 | $3,480,011 | $3,768,261 | $4,080,387 | |
Direct Costs | ||||||
Direct Costs | $1,222,688 | $1,284,978 | $1,350,441 | $1,419,240 | $1,491,544 | |
Total Direct Costs | $1,222,688 | $1,284,978 | $1,350,441 | $1,419,240 | $1,491,544 | |
GROSS PROFIT | $1,745,285 | $1,928,833 | $2,129,569 | $2,349,021 | $2,588,843 | |
GROSS PROFIT % | 58.8% | 60% | 61.2% | 62.3% | 63.4% | |
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 | $1,648,200 | $1,828,802 | $2,026,504 | $2,242,828 | $2,479,428 | |
Depreciation | $12,000 | $12,000 | $12,000 | $12,000 | $12,000 | |
Amortization | $0 | $0 | $0 | $0 | $0 | |
EBIT | $1,636,200 | $1,816,802 | $2,014,504 | $2,230,828 | $2,467,428 | |
Interest Expense | $8,950 | $8,950 | $8,950 | $8,950 | $8,950 | |
PRETAX INCOME | $1,627,250 | $1,807,852 | $2,005,554 | $2,221,878 | $2,458,478 | |
Net Operating Loss | $0 | $0 | $0 | $0 | $0 | |
Use of Net Operating Loss | $0 | $0 | $0 | $0 | $0 | |
Taxable Income | $1,627,250 | $1,807,852 | $2,005,554 | $2,221,878 | $2,458,478 | |
Income Tax Expense | $569,537 | $632,748 | $701,943 | $777,657 | $860,467 | |
NET INCOME | $1,057,712 | $1,175,103 | $1,303,610 | $1,444,221 | $1,598,011 | |
Net Profit Margin (%) | 35.6% | 36.6% | 37.5% | 38.3% | 39.2% |
5 Year Annual Balance Sheet
FY 1 | FY 2 | FY 3 | FY 4 | FY 5 | ||
---|---|---|---|---|---|---|
ASSETS | ||||||
Cash | $956,430 | $2,127,969 | $3,426,542 | $4,871,245 | $6,372,039 | |
Other Current Assets | $254,760 | $275,861 | $298,711 | $314,021 | $340,032 | |
Total Current Assets | $1,211,191 | $2,403,831 | $3,725,254 | $5,185,267 | $6,712,072 | |
Intangible Assets | $0 | $0 | $0 | $0 | $0 | |
Acc Amortization | $0 | $0 | $0 | $0 | $0 | |
Net Intangibles | $0 | $0 | $0 | $0 | $0 | |
Fixed Assets | $60,000 | $60,000 | $60,000 | $60,000 | $60,000 | |
Accum Depreciation | $12,000 | $24,000 | $36,000 | $48,000 | $60,000 | |
Net fixed assets | $48,000 | $36,000 | $24,000 | $12,000 | $0 | |
Preliminary Exp | $0 | $0 | $0 | $0 | $0 | |
TOTAL ASSETS | $1,259,191 | $2,439,831 | $3,749,254 | $5,197,267 | $6,712,072 | |
LIABILITIES & EQUITY | ||||||
Current Liabilities | $111,978 | $117,514 | $123,327 | $127,119 | $133,413 | |
Debt outstanding | $89,500 | $89,500 | $89,500 | $89,500 | $0 | |
Total Liabilities | $201,478 | $207,014 | $212,827 | $216,619 | $133,413 | |
Share Capital | $0 | $0 | $0 | $0 | $0 | |
Retained earnings | $1,057,712 | $2,232,816 | $3,536,426 | $4,980,647 | $6,578,659 | |
Total Equity | $1,057,712 | $2,232,816 | $3,536,426 | $4,980,647 | $6,578,659 | |
TOTAL LIABILITIES & EQUITY | $1,259,191 | $2,439,831 | $3,749,254 | $5,197,267 | $6,712,072 |
5 Year Annual Cash Flow Statement
FY 1 | FY 2 | FY 3 | FY 4 | FY 5 | ||
---|---|---|---|---|---|---|
CASH FLOW FROM OPERATIONS | ||||||
Net Income (Loss) | $1,057,712 | $1,175,103 | $1,303,610 | $1,444,221 | $1,598,011 | |
Change in Working Capital | ($142,781) | ($15,565) | ($17,036) | ($11,518) | ($19,716) | |
Plus Depreciation | $12,000 | $12,000 | $12,000 | $12,000 | $12,000 | |
Plus Amortization | $0 | $0 | $0 | $0 | $0 | |
Net Cash Flow from Operations | $926,930 | $1,171,538 | $1,298,573 | $1,444,702 | $1,590,294 | |
CASH FLOW FROM INVESTMENTS | ||||||
Fixed Assets | ($60,000) | $0 | $0 | $0 | $0 | |
Intangible Assets | $0 | $0 | $0 | $0 | $0 | |
Net Cash Flow from Investments | ($60,000) | $0 | $0 | $0 | $0 | |
CASH FLOW FROM FINANCING | ||||||
Cash from Equity | $0 | $0 | $0 | $0 | $0 | |
Cash from Debt financing | $89,500 | $0 | $0 | $0 | ($89,500) | |
Net Cash Flow from Financing | $89,500 | $0 | $0 | $0 | ($89,500) | |
Net Cash Flow | $956,430 | $1,171,538 | $1,298,573 | $1,444,702 | $1,500,794 | |
Cash at Beginning of Period | $0 | $956,430 | $2,127,969 | $3,426,542 | $4,871,245 | |
$956,430 | $2,127,969 | $3,426,542 | $4,871,245 | $6,372,039 |
What Is a Reiki Business Plan?
A reiki business plan is a document that outlines the strategies you have developed to start and/or grow your reiki business. Among other things, it details information about your industry, customers and competitors to help ensure your company is positioned properly to succeed. Your reiki business plan also assesses how much funding you will need to grow your business and proves, via your financial forecasts, why the business is viable.
Why You Need a Business Plan for your Reiki Business
A business plan is required if you are seeking funding for your reiki business. Investors and lenders will review your plan to ensure it meets their criteria before providing you with capital. In addition, a reiki business plan helps you and your team stay focused. It documents the strategies you must follow and gives you financial projections you should strive to achieve and against which you can judge your performance.
Reiki Business Plan Template PDF
Download our Reiki Business Plan PDF to help guide you as you create your business plan for your own reiki business.