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Free Hospital Business PlanFor Raising Capital from Investors, Banks, or Grant Companies!Please note that the financials in this complete free business plan are completely fictitious andmay not match the text of the business plan below. This free business plan demonstrationpurposes only. If you are interested in purchasing the completed editable MS Word and Exceldocuments for this business plan, please click the button below! Also, the text of the businessplan is formatted with a fully automated table of contents.Return to Samples PageUntil Dec. 31st, any purchase of a completed business plan template will come with our 425 PageFunding Sources Directory absolutely FREE (a $39.95 Value)!It should be noted that there is no special software required to use these templates. All businessplans come in Microsoft Word and Microsoft Excel format. Each business plan features:* Excecutive Summary* Company and Financing Summary* Products and Services Overview* Strategic Analysis with current research!* Marketing Plan* Personnel Plan* 3 Year Advanced Financial Plan* Expanded Financial Plan with Monthly Financials* FREE 30 Page Sample Private Placement Memorandum* FREE PowerPoint Presentation for Banks, Investors, or Grant Companies!* All plans are updated for 2010!1.0 Executive SummaryThe purpose of this business plan is to raise $25,000,000 for the development of a hospital whileshowcasing the expected financials and operations over the next three years. Hospital, Inc. (“theCompany”) is a New York based corporation that will provide emergency and general medicalcare services to patients in its targeted market. The Company was founded in 2008 by John Doe.1.1 Products and ServicesThe Hospital has been designed to become a recognized leader in its target market for itsexpansive line of emergency, clinical, and surgical services. The facility will feature 150,000 of clinical space that will include a full scale emergency room, several operating rooms, a cardiologylab, as well as a radiology department. The hospital will also have 60 beds for in patient care.Currently, Mr. Doe is sourcing the potential location. Once that is complete a full historical andarchaeological survey will need to be completed to ensure that the site is suitable. The thirdsection of the business plan will further describe the services offered by the Hospital.1.2 The FinancingMr. Doe is seeking to raise $25,000,000 from an investor. The terms, equity investmentcovenants, and dividend payouts/exit strategies are to be discussed during negotiations.However, this business plan assumes that the Company will sell a 60% equity interest in thebusiness in exchange for the require capital.1.3 Mission Statement The Hospital’s goal is to provide the general public with a 24 emergency based hospital facilitythat provides urgent healthcare to people with medical emergencies. The Company will providepatients with compassionate and comprehensive medical treatments for all of their emergencycare, clinical, and surgical needs.1.4 Mangement TeamThe Company was founded by John Doe. Mr. Doe has more than 10 years of experience in themedical and healthcare industry. Through his expertise, he will be able to bring the operations of the business to profitability within its first year of operations.1.5 Sales ForecastsMr. Doe expects a strong rate of growth at the start of operations. Below are the expectedfinancials over the next three years.1.6 Expansion PlanAs time progresses, Management will continually seek to expand the visibility of the facility withinthe target market. This will be accomplished by continuing to reinvest into the hospital’sinfrastructure to accommodate specialist physicians that can increase the range of medicalservices offered by the Hospital. The Company may also seek to develop an academic affiliationwith a regionally based medical school so that the Hospital can better its reputation as a premier provider of medical services to the community.2.0 Company and Financing Summary2.1 Registered Name and Corporate StructureHospital, Inc. The Company is registered as a corporation in the State of New York.2.2 Required FundsAt this time, the Hospital requires $25,000,000 of equity funds. Below is a breakdown of howthese funds will be used:2.3 Investor EquityAt this time, Mr. Doe is seeking to sell a 60% equity interest in the Hospital in exchange for theneeded capital. The investor will also receive a seat on the board of directors and a regular stream of dividends starting in the first year of operations.2.4 Management EquityJohn Doe owns 100% of the Hospital, Inc. This capital structure will change once the requisitecapital is raised and the Company hires its Senior Management Team.2.5 Exit StrategyThe Management has discussed and planned for two possible exit strategies. The first strategywould be to sell the hospital to a larger entity at a significant premium. Since, the healthcareindustry maintains a very low risk profile once a hospital/medical clinic is established; theManagement feels that the Company could be sold for six to eight times earnings. The secondexit scenario would entail selling a portion of Hospital via an initial public offering (or “IPO”). After a detailed analysis, it was found that comparable hospital companies sell for fifteen to twenty five times earnings on the open market. However, taking a company public involves significant legalred tape. Hospital, Inc. would be bound by the significant legal framework of the Sarbanes-OxleyAct in addition to the legal requirements set forth in form S1 of the Securities and ExchangeCommission.3.0 Products and ServicesAs discussed in the executive summary, Hospital, inc. is seeking to develop an expansive facilitythat will provide emergency, medical, and surgical services to the residents of the target market.Mr. Doe anticipates that upon completion, the Hospital will feature six operating rooms,catheterization laboratories (primarily for cardiologists), a full scale emergency room, an in housepharmacy, a radiology department, and a general medical laboratory. The hospital facility will be150,000 square feet of occupational space. The total in patient space is expected to be about 100beds. By the second year of operation, the Hospital is expected to operate at 100% occupancy.For each section of the hospital, the latest in medical technology will be acquired. Currently, Mr.Doe has sourced a number of medical leasing companies that the Hospital will use to acquire itsmedical/surgical assets. This is especially true within the radiology department, which will featurethe latest technology for diagnostic services and oncology treatment. 4.0 Strategic and Market Analysis4.1 Economic OutlookThis section of the analysis will detail the economic climate, the hospital and medical industry, thecustomer profile, and the competition that the business will face as it progresses through itsbusiness operations. Currently, the economic market condition in the United States is moderate.The meltdown of the sub prime mortgage market coupled with increasing gas prices has ledmany people to believe that the US is on the cusp of an economic recession. This slowdown inthe economy has also greatly impacted real estate sales, which has halted to historical lows.However, hospitals operate with great economic stability as people continue to require medicalcare despite any economic climate.4.2 Industry AnalysisHospitals are an extremely important part of the infrastructure of any city or small town. Theyprovide the emergency medical services that every person needs from time to time. Within theUS, there are more than 5,200 hospital facilities. Each year, hospitals (that offer emergencyservices, clinical practices, and surgical services) aggregately generate in excess of $490 billiondollars per year. More than 5,000,000 people are employed by these establishments. Payrollfigures for each of the last five yeas have exceeded $180 billion dollars. About 12% of allhospitals are privately owned for profit businesses. Each year, almost 40 million Americans visithospitals or emergency care facilities for medical issues ranging from sprained ankles to seriousheart condition emergencies. Many studies have shown that the per capita number of visits tohospitals has increased by more than 20% over the last ten years. This is primarily attributed tothe fact that more Americans are reaching retirement age, which is often accompanied by larger healthcare requirements. This trend is expected to continue as the Baby Boomer generationbegins retirements. 4.3 Customer ProfileAs any person with a medical issue is a potential patient of the Hospital, it is difficult to determinethe “average” demographics of people that will use the medical services rendered by theCompany. However, Management anticipates that at least 40% of patients will be over the age of 60 with chronic medical conditions.4.4 Competitive AnalysisThis is one of the sections of the business plan that you must write completely on your own. Thekey to writing a strong competitive analysis is that you do your research on the local competition.Find out who your competitors are by searching online directories and searching in your localYellow Pages. If there are a number of competitors in the same industry (meaning that it is notfeasible to describe each one) then showcase the number of businesses that compete with you,and why your business will provide customers with service/products that are of better quality or less expensive than your competition.5.0 Marketing PlanThe Hospital intends to maintain an extensive marketing campaign that will ensure maximumvisibility for the business in its targeted market. Below is an overview of the marketing strategiesand objectives of the Company.5.1 Marketing Objectives*ã Establish relationships with doctors, allied health professionals, and ambulatory companieswithin the target market.*ã Implement a local campaign with the Company’s targeted market via the use of localnewspaper advertisements and word of mouth advertising.*ã Develop an online presence by developing a website and placing the Company’s name andcontact information with online directories.5.2 Marketing StrategiesManagement intends on using a number of strategies to increase the visibility of the Hospital andthe services it provides. As the business is a 24 hour facility, the Company intends to market thefact that in the event of an emergency, the Hospital can provide appropriate medical treatment. Atthe onset of operations, the Company will distribute advertisements within local newspaper circulars to inform the public of the Hospital’s opening. The business will also develop referralrelationships among locally based physicians and allied health professionals so that patients willbe referred to the hospital in the event of an emergency. The Company will also have listings inlocal directories and the Yellow Books to ensure that patients can quickly find the contactinformation for the hospital and its location. Finally, Mr. Doe and the Management Team alsodevelop relationships with local ambulatory companies so that patients can be brought to thefacility in the event of a medical emergency.5.3 PricingIn this section, describe the pricing of your services and products. You should provide as muchinformation as possible about your pricing as possible in this section. However, if you have
