Professional Documents
Culture Documents
Business Plan
BUSINESS PLAN
2023
John Doe
10200 Bolsa Ave, Westminster, CA, 92683
(650) 359-3153
info@example.com
http://www.example.com/
Information provided in this business plan is unique to this business and confidential; therefore, anyone reading this plan agrees not to disclose
any of the information in this business plan without prior written permission of the company.
Table of Contents
Executive Summary 6
Market opportunity 6
Services Offered 6
Marketing Plan 7
Financial Highlights 7
Units Sold v/s Revenue 8
Company Overview 9
Ownership 9
Business Owners 9
Mission statement 10
Business history 10
Future goals 10
Market Analysis 11
Target Market 11
Market size and growth potential 11
Market Size 12
Competitive analysis 12
Vitality Chiropractic Center 12
Align ChiroCare 13
Market trends 13
Regulatory environment 14
Rehabilitation Exercises 16
Additional Services 17
Offline 19
Sales strategies 20
Customer retention 20
Operations Plan 21
Hiring Plan 21
Operational Process 21
Risk Management 22
Management Team 23
Key managers 23
John Doe 24
Jane Smith 25
Alice Brown 25
Organizational structure 26
Organization chart 26
Compensation plan 26
Advisors/Consultants 27
Ms. Clara White 27
Financial Plan 28
Profit & loss statement 28
Cash flow statement 31
Balance sheet 33
Break-even Analysis 35
Financing needs 37
Appendix 39
Business planning that’s simpler and faster than you think
Creating a business plan using Upmetrics to start and grow a business is literally the easiest thing
in the World. Simply read the instructions and fill in the blanks. It’s as simple as that.
Start your executive summary by introducing your business. Offer a high-level overview of your
chiropractic business, including name, location, and other relevant information.
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Market opportunity
Highlights the market opportunities. Describe the target market in brief, and explain the demographics,
geographic, and psychographic attributes of your target customer.
Services Offered
Highlight the services your practice will provide; such as soft tissue therapy, spinal adjustments, and
rehabilitation activities.
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Write a summary of your marketing plan, taking into account social media, community events,
online advertising, and collaborations with nearby companies and groups.
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Financial Highlights
Provide a summary of your financial projections for the company’s initial years of operation.
Include any capital or investment requirements, startup costs, projected revenues, and profits.
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15.00k
10.00k
5.00k
0
Year 1 Year 2 Year 3
Describe your business in this section by providing all the basic information:
The name of the chiropractic business and the type of chiropractic business you will be
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Ownership
Describe the owners of your chiropractic business and mention their roles in running it. Whose shares
in the corporation are they, and how each owner helps in the business?
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Business Owners
Add a mission statement that sums up the objectives and core principles of your chiropractic
business. This statement needs to be memorable, clear, and brief.
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Business history
If If you have established a business, Include an outline of the business’s history and how it came
to be in its current position.
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Future goals
It’s crucial to convey your aspirations and your vision. Include the vision of where you see your
business in the near future and if you have any plans of opening a new franchise of your business in
the same city in the future.
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Target Market
Identify your target market and define your ideal customer. Know more about your customers and which
services they prefer: medical marijuana, personalized care plans, virtual visits, etc.
Describe your market size and growth potential and whether you will target a niche or a much
broader market.
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Served Market
Individuals who currently use
in the city.
100k chiropractic services
Target Market
Professionals aged 25-45 seeking
chiropractic care.
25k integrative
Identify and analyze all other chiropractors in the local market, including direct and indirect
competitors. Evaluate their strengths and weaknesses, and explain how your business can offer
qualitative services.
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Competitive analysis
Located just a few blocks away from our establishment, they offer traditional chiropractic treatments.
Align ChiroCare
[Align ChiroCare], operating since 2015, focuses primarily on spinal health. They have a reputation for
thorough consultations and personalized care plans.
Market trends
Analyze current and emerging trends in your industry, such as changes in technology such as
advanced diagnostic tools, digital X-rays, and electronic health records.
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Describe any regulations or licensing requirements that affect the chiropractic business, such as
safety codes, licensure and certification, insurance, Hippa (Health Insurance Portability and
Accountability Act) compliance, taxation, etc.
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The product and services section of a chiropractic business plan should describe the
specific services and products that will be offered to customers. To write this section
should include the following:
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To craft the introduction for your "Products and Services" chapter, begin by positioning your
business within its industry, emphasizing its unique strengths or value proposition.
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Help tip
Create a list of the services that your business will offer, which may include
• Spinal adjustments,
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Services
Spinal Adjustments
Price: [$60] per session
Specifications
• Duration: 30 minutes
Specifications
• Duration: 20 minutes
Rehabilitation Exercises
Price: [$40] per session (Package: 5 sessions for $175)
Specifications
Specifications
Specifications
Additional Services
Explain any wellness initiatives your practice will provide, such as programs for stress
management, weight loss, or quitting smoking.
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Writing the sales and marketing strategies section means a list of strategies you
will use to attract and retain your clients.
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To create an effective introduction for your "Sales and Marketing Strategies" chapter, start by
setting the stage within your specific industry or market.
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Specify your business’s USPs depending on the market you serve, the equipment you use, and
the unique services you provide. Identifying USPs will help you to plan your marketing
strategies.
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Pricing Strategy
Develop a marketing strategy that includes a mix of online and offline marketing tactics.
Consider social media, content marketing, promotions via free health checkup camps,
brochures, print marketing, etc.
Marketing strategies
Online
Offline
Determine the sales processes and activities needed to reach your practice’s specific sales goals.
It should cover direct sales and any partnerships that can help in reaching a wider audience.
Sales strategies
Help tip
Describe how your business will retain customers and build loyalty, such as through loyalty
programs or personalized service.
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Customer retention
When writing the operations plan section, it’s important to consider the
various aspects of your business operations.
Hiring Plan
Operational Process
Convey how you’ll handle risks related to running a chiropractic practice. It might include
malpractice insurance & reimbursement and safety procedures.
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To craft an introduction for your "Management Team" chapter, begin by emphasizing the crucial role
of leadership in the success of any business.
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Key managers
Describe your management team’s key members, roles, and responsibilities. It should include the senior
management and other managers including their education, professional background, and any relevant
experience in the chiropractic industry.
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Dr. John Doe is the visionary behind Bolsa Chiropractic & Wellness Center. With a
passion for holistic health, Dr. Doe spearheads the clinic's strategic direction while
ensuring excellence in patient care.
Dr. Jane Smith is the linchpin of clinical operations at Bolsa Chiropractic &
Wellness Center.
She ensures that the clinic remains at the forefront of chiropractic innovations, offers
top-notch patient care, and fosters continuous professional development within the
team.
ALICE BROWN
Administrative & HR Manager - alice.brown@example.com
Alice Brown is the backbone of the clinic's administrative and human resources
functions.
Describe the organizational structure of the management team, including reporting lines and how
decisions will be made.
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Organization chart
John Doe
CEO
Emily White
Robert Brown Assistant Clinical Manager
Billing Specialist
Compensation plan
Describe your compensation plan for the management team and staff, including salaries,
bonuses, and other benefits.
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If you have a board of advisors for your business, then mention them along with their roles and
experience.
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Advisors/Consultants
Acts as an advisory consultant, guiding clinical best practices. A chiropractic veteran with
over [30] years in the field, Dr. Green has authored multiple publications and is renowned
for his innovations in treatment methodologies
Financial Plan
When writing the financial plan section of a business plan, it’s important to provide a comprehensive overview of your financial
projections for the first few years of your business, You may provide the following:
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To create an effective introduction for your "Financial Plan" chapter, begin by stressing the critical role of a well-structured financial plan in the success
of your venture.
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Help tip
Create a projected profit & loss statement that describes the expected revenue, cost of products sold, and operational costs. Your business’s anticipated
net profit or loss should be computed and included.
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Revenue $0 $0 $0 $0 $0
Cost Of Sales $0 $0 $0 $0 $0
General Costs $0 $0 $0 $0 $0
Gross Margin $0 $0 $0 $0 $0
Operating Expense $0 $0 $0 $0 $0
Payroll Expense
(Indirect Labor) $0 $0 $0 $0 $0
General Expense
$0 $0 $0 $0 $0
Bad Debt
$0 $0 $0 $0 $0
Amortization of Current
Assets $0 $0 $0 $0 $0
2023-24 2024-25 2025-26 2026-27 2027-28
EBITDA $0 $0 $0 $0 $0
Additional Expense $0 $0 $0 $0 $0
Long Term
$0 $0 $0 $0 $0
Depreciation
EBIT $0 $0 $0 $0 $0
Interest Expenses $0 $0 $0 $0 $0
EBT $0 $0 $0 $0 $0
Total Expense
$0 $0 $0 $0 $0
Net Income
$0 $0 $0 $0 $0
Retained Earning
$0 $0 $0 $0 $0
Opening
Owner's Distribution $0 $0 $0 $0 $0
Retained Earning
$0 $0 $0 $0 $0
Closing
Help tip
Estimate your cash inflows and outflows for the first few years of operation. It should include cash receipts from clients, payments to vendors, loan
payments, and any other cash inflows and outflows.
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Cash Received $0 $0 $0 $0 $0
Cash Paid $0 $0 $0 $0 $0
Interest $0 $0 $0 $0 $0
2023-24 2024-25 2025-26 2026-27 2027-28
Sales Tax $0 $0 $0 $0 $0
Income Tax $0 $0 $0 $0 $0
Assets Sell $0 $0 $0 $0 $0
Assets Purchase $0 $0 $0 $0 $0
Amount Received $0 $0 $0 $0 $0
Loan Received
$0 $0 $0 $0 $0
Common Stock
Preferred Stock
$0 $0 $0 $0 $0
Owner's Contribution
$0 $0 $0 $0 $0
Amount Paid
$0 $0 $0 $0 $0
Loan Capital $0 $0 $0 $0 $0
2023-24 2024-25 2025-26 2026-27 2027-28
Summary
Starting Cash $0 $0 $0 $0 $0
Cash In $0 $0 $0 $0 $0
Cash Out $0 $0 $0 $0 $0
Change in Cash $0 $0 $0 $0 $0
Ending Cash $0 $0 $0 $0 $0
Help tip
Prepare a projected balance sheet, which shows the assets, liabilities, and equity.
Balance sheet
2023-24 2024-25 2025-26 2026-27 2027-28
Assets $0 $0 $0 $0 $0
Current Assets $0 $0 $0 $0 $0
Cash $0 $0 $0 $0 $0
Accounts Receivable $0 $0 $0 $0 $0
Inventory $0 $0 $0 $0 $0
Accumulated Depreciation $0 $0 $0 $0 $0
Liabilities $0 $0 $0 $0 $0
Current Liabilities $0 $0 $0 $0 $0
Accounts Payable $0 $0 $0 $0 $0
Equity $0 $0 $0 $0 $0
Paid-in Capital $0 $0 $0 $0 $0
Common Stock $0 $0 $0 $0 $0
Preferred Stock $0 $0 $0 $0 $0
Owner's Contribution $0 $0 $0 $0 $0
Retained Earnings $0 $0 $0 $0 $0
Check $0 $0 $0 $0 $0
This will help you understand how much revenue you need to generate to make a profit.
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Break-even Analysis
2023-24 2024-25 2025-26 2026-27 2027-28
Starting Revenue $0 $0 $0 $0 $0
Net Revenue $0 $0 $0 $0 $0
Closing Revenue $0 $0 $0 $0 $0
Starting Expense $0 $0 $0 $0 $0
Net Expense $0 $0 $0 $0 $0
Closing Expense $0 $0 $0 $0 $0
Is Break Even? 0 0 0 0 0
Days Required 0 0 0 0 0
Estimate how much financing you will need to start and operate your chiropractic business. It should include both short-term and long-term financing
needs, such as loans or investment capital.
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When writing the appendix section, you should include any additional information that
supports the main content of your plan. This may include financial statements, market
research data, legal documents, and other
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