A thorough Audiology private practice Business plan
MUST INCLUDE:
· Industry Overview
· Executive Summary (LOCATION: Fresno, CA)
· Products and Services (VESTIBULAR TESTING, HA’s)
· Mission and Vision Statement
· Business Structure
· Job Roles and Responsibilities
· SWOT Analysis
· MARKET ANALYSIS
· Target Market( Aging people with hearing deficiencies, Pts with balance issues, Hospitals and other medical clinics for referrals)
· SALES AND MARKETING STRATEGY
· Sources of Income
· Sales Forecast
· Publicity and Advertising Strategy
· Pricing Strategy
· Startup Expenditure (Budget) INCLUDE EXCEL SPREAD TOO w/ pricing
o Business incorporating fees in the United States of America will cost
o The budget for liability insurance, permits and license will cost –
o Acquiring an office space that will accommodate the number of employees we intend employing for at least 6 months (Re – Construction of the facility inclusive) will cost
o Purchasing the needed office equipping and treatment kits (audiology equipment, hearing aids, medications, computers, printers, projectors, markers, pens and pencils, furniture, telephones, filing cabinets, and electronics) will cost
o The cost for accounting software, CRM software and Payroll Software – $3,000
o Other start-up expenses including stationery
o Phone and Utilities (gas, sewer, water and electric) deposits
o Launching an official website will cost
o Amount need to pay bills and staff members for at least 2 to 3 months
o Additional Expenditure such as Business cards, Signage, Adverts and Promotions will cost
o Miscellaneous
· Sustainability and Expansion Strategy
Business Name : Zya’s Ear Institue
Business Incorporation: Corp-C
Opening of Corporate Bank Accounts with BOA:
Opening Online Payment Platforms: Completed
Application and Obtaining Tax Payer’s ID:
Application for business license and permit:
Purchase of Insurance for the Business: Completed
Leasing a standard office facility in a good location plus reconstruction: In progress
Conducting Feasibility Studies: Completed
Generating part of the startup capital from the founders: Completed
Writing of Business Plan: Completed
Drafting of Employee’s Handbook: Completed
Drafting of Contract Documents: In Progress
Design of Logo for the school: Completed
Printing of Promotional Materials: Completed
Recruitment of employees: In Progress
Purchase of the needed audiology equipment, hearing aids, medications, office furniture, office equipment, electronic appliances and facility facelift: EXCEL SPREAD SHEET INCLUDED
Creating Official Website for the business: In Progress
Health and Safety and Fire Safety Arrangement: In Progress
Establishing business relationship with vendors and key players in various industries: In Progress
