This medical transport business plan template has 33 pages and is a MS Word file type listed under our business plan kit documents.
Sample of our medical transport business plan template:
Confidentiality Agreement The undersigned reader acknowledges that the information provided by [YOUR COMPANY NAME] in this business plan is confidential; therefore, reader agrees not to disclose it without the express written permission of [YOUR COMPANY NAME]. It is acknowledged by reader that information to be furnished in this business plan is in all respects confidential in nature, other than information which is in the public domain through other means and that any disclosure or use of same by reader may cause serious harm or damage to [YOUR COMPANY NAME]. Upon request, this document is to be immediately returned to [YOUR COMPANY NAME]. ___________________ Signature ___________________ Name (typed or printed) ___________________ Date This is a business plan. It does not imply an offering of securities. 1.0 Executive Summary 1 1.1 Objectives 2 1.2 Mission 2 1.3 Keys to Success 3 2.0 Organization Summary 3 2.1 Legal Entity 3 2.2 Organization History 3 Table: Past Performance 4 3.0 Services 5 4.0 Market Analysis Summary 5 4.1 Market Segmentation 6 Table: Market Analysis 6 4.2 Target Market Segment Strategy 7 4.3 Service Providers Analysis 7 4.3.1 Alternatives and Usage Patterns 7 5.0 Strategy and Implementation Summary 7 5.1 Competitive Edge 8 5.2 Marketing Strategy 8 5.3 Fundraising Strategy 8 5.3.1 Funding Forecast 8 Table: Funding Forecast 8 5.4 Milestones 10 Table: Milestones 10 6.1 Personnel Plan 10 Table: Personnel 10 7.0 Financial Plan 10 7.1 Important Assumptions 11 7.2 Break-even Analysis 11 Table: Break-even Analysis 11 7.3 Projected Surplus or Deficit 13 Table: Surplus and Deficit 13 7.4 Projected Cash Flow 16 Table: Cash Flow 16 7.5 Projected Balance Sheet 18 Table: Balance Sheet 18 7.6 Standard Ratios 19 7.6 Standard Ratios 19 Table: Ratios 19 Table: Funding Forecast 1 Table: Personnel 2 Table: Personnel 2 Table: Surplus and Deficit 3 Table: Surplus and Deficit 3 Table: Cash Flow 5 Table: Cash Flow 5 1.0 Executive Summary [YOUR COMPANY NAME] [YOUR ADDRESS] [YOUR CITY], [YOUR STATE/PROVINCE] [YOUR ZIP/POSTAL CODE] [YOUREMAIL@YOURCOMPANY.COM] [YOUR PHONE NUMBER] INTRODUCTION [YOUR COMPANY NAME] is a local association of medical and emergency transport businesses in [YOUR CITY], [YOUR STATE/PROVINCE] and other surrounding communities. [YOUR COMPANY NAME] Association works to enhance and improve the emergency transport business climate in [YOUR STATE/PROVINCE]. It is a recognized and respected representative and proponent of the industry. LOCATION [YOUR COMPANY NAME] is located the borough of [YOUR CITY], [YOUR STATE/PROVINCE]. THE COMPANY [YOUR COMPANY NAME] is a 501(c)(3) nonprofit corporation, and most revenue is collected through grants and other fundraising efforts, while a small percentage of funding arrives through the company's client base of city, rural and semi-rural small businesses. SERVICES There is no other organization in [YOUR CITY], [YOUR STATE/PROVINCE] that currently provides the services and emphasis that [YOUR COMPANY NAME] provides. The Company is proud to assist the local and county fire and police departments in addition to the senior citizen and medical clinics in the area. THE MARKET [YOUR COMPANY NAME] services two main sectors: Medical Aid Patients. Elderly and Handicapped Transports. FINANCIAL CONSIDERATIONS The Company is seeking grant funding in the amount of $372,000 to upgrade current equipment to new industry standards, acquire an additional ambulance fully equipped, pay down debt and to hire and train additional knowledgeable staff to keep up with the community's demands. The major focus for grant funding is as follows: 1. The Company has a long standing history in the community and has been running under the current ownership since 1978. 2. Small tight-knit community. 3. Installing solar panels on the building using "green" materials and applications for environmental and energy efficiency. 4. Purchased Equipment will be the most energy efficient equipment available. 5. Increase manpower and emergency vehicles to further assist the community. 1.1 Objectives To acquire updated equipment and medical emergency transport vehicles. To hire additional personnel to assist and operate emergency and medical transport vehicles to service more people in [YOUR CITY] and the surrounding communities. 1.2 Mission [YOUR COMPANY NAME] is a local association of medical and emergency transport businesses in [YOUR CITY], [YOUR STATE/PROVINCE] and other surrounding communities. [YOUR COMPANY NAME] works to enhance and improve the emergency transport business climate in [YOUR STATE/PROVINCE]. It is a recognized and respected representative and proponent of the industry. 1.3 Keys to Success Here are a few important keys to success: Focus on the target market: Drill down into several layers of demographics. High detail planning and execution: Quarterly training seminars must be thoroughly researched, costs accurately understood, and content kept both fresh and consistent for current and new employees. Financials must be kept above the highest standards due to nonprofit status in a largely for-profit industry. 2.0 Organization Summary [YOUR COMPANY NAME] is a 501(c)(3) nonprofit corporation, and most revenue is collected through grants and other fundraising efforts, while a small percentage of funding arrives through the company's client base of city, rural and semi-rural small businesses. 2.1 Legal Entity [YOUR COMPANY NAME] is a [YOUR STATE/PROVINCE] nonprofit corporation. 2.2 Organization History [INSERT HISTORY AND BACKGROUND] Table: Past Performance Past Performance 2008 2009 2010 Funding $0 $0 $0 Gross Surplus $461,625 $405,907 $470,000 Gross Surplus % 0.00% 0.00% 0.00% Operating Expenses $384,431 $430,515 $499,000 Balance Sheet 2008 2009 2010 Current Assets Cash $112,455 $90,181 $87,456 Other Current Assets $68,411 $46,433 $38,876 Total Current Assets $180,866 $136,614 $126,332 Long-term Assets Long-term Assets $900,425 $900,425 $900,425 Accumulated Depreciation $330,438 $382,187 $433,936 Total Long-term Assets $569,987 $518,238 $466,489 Total Assets $750,853 $654,852 $592,821 Current Liabilities Accounts Payable $0 $0 $0 Current Borrowing $38,391 $22,871 $6,673 Other Current Liabilities (interest free) $0 $0 $0 Total Current Liabilities $38,391 $22,871 $6,673 Long-term Liabilities $175,846 $112,651 $244,665 Total Liabilities $214,237 $135,522 $251,338 Paid-in Capital $0 $0 $0 Retained Earnings $459,422 $543,938 $370,484 Earnings $77,194 ($24,608) ($29,001) Total Capital $536,616 $519,330 $341,483 Total Capital and Liabilities $750,853 $654,852 $592,821 Other Inputs Payment Days 0 0 0 3.0 Services [YOUR COMPANY NAME] offers the following services: Needs Analysis: Determine what medical transportation gaps exist in decision making process, recommend changes. Transportation for the elderly: Provides transportation for senior citizens and handicapped that need transport to doctor appointments and medicine retrieval. Medical Services: Provides medical care and assistant to the city and the surrounding areas. 4.0 Market Analysis Summary [YOUR CITY] is located in [YOUR STATE/PROVINCE], [YOUR COUNTRY]. The population was 1,357 at the 2008 census. As of the census of 2008, there were 129,313 people, 50,633 households, and 36,405 families residing in [YOUR STATE/PROVINCE]. The population density was 168 people per square mile (65/km²). There were 53,803 housing units at an average density of 70 per square mile (27/km²). The racial makeup of the region was 95.33% White, 2.33% Black or African American, 0.15% Native American, 0.55% Asian, 0.03% Pacific Islander, 0.74% from other races, and 0.86% from two or more races. 1.75% of the population was Hispanic or Latino of any race. 40.2% were of German, 19.4% American, 7.6% Irish and 6
