Business plans are vital when looking for chiropractic finance to set up a practice from scratch.
The lender will need to look at the financials of your project to see if it is viable to lend you the necessary funds.
However, we believe a business plan is also vital for anyone planning to run their own chiropractic practice, even if buying an existing clinic, the reasons being:
- The business plan will give confidence that the project is going to show a financial return. This will avoid money and time being spent unnecessarily
- Part of the business plan will show the initial goals and targets, which will give a tool for actual figures to be compared to in time. This will help to show if the business is on target as it progresses and if it isn’t then reasons can be identified easier
There are two different services available to help with this task:
1) We offer some business plan software (at no cost) to assist with getting started yourself
2) We are able to fully assist with preparing a business plan on your behalf
Take a look at our articles for more information on Start Up Business: