Kobayashi Medical Practice Business Plan - Business Plans Hawaii

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C ASH F LOW Accounts receivable are significant. As a result, Dr. Kobayashi is seeking $25,000 in working capital to be added to her start-up expenses as part of the term loan. In addition, financial projections show she will require an additional $50,000 line of credit in the first year. Dr. Kobayashi will contribute $75,000 in the first year to provide working capital. The line of credit is paid off in year two of operations. Accounts payable are small. The start-up expenses are depreciated and amortized per the schedule shown above. Small investments ($10,000) in additional equipment are estimated for years two and three. With Dr. Kobayashi contributions, the company achieves positive cash flow from the first month of operations. As a S-corporation flow-through, all profits accrue to the owner. A monthly cash flow statement for year one is attached. Cash Flows From Operating Activities Year 1 Year 2 Year 3 Net Profit $2,617 $296,537 $528,262 Accounts Receivable ($67,122) ($110,006) ($130,515) Accounts Payable $1,700 $1,893 $2,085 Depreciation & Amortization $23,221 $23,221 $23,221 Net Cash Provided by Operating Activities ($39,584) $211,645 $423,053 Net Cash Flows From Investing Activities Start-Up Expenses ($31,713) $0 $0 Equipment and Fixed Assets ($146,830) ($10,000) ($10,000) Leasehold Improvements ($22,000) $0 $0 Net Cash Used in Investing Activities ($200,543) ($10,000) ($10,000) Cash Flows From Financing Bank Loans $225,500 $0 $0 Owner's Capital $75,000 ($60,373) ($151,645) Line of Credit $50,000 ($50,000) $0 Net Cash Flow From Financing Activities $350,500 ($110,373) ($151,645) Change in Cash Cash Balance, Beginning $0 $60,373 $151,645 Cash Balance, End $60,373 $151,645 $413,053 19.
Kobayashi Medical Practice Monthly Cash Flow Year 1 Cash Flows From Operating Activities June July August September October November December January February March April May Total Net Profit ($17,877) ($15,959) ($13,403) ($14,845) ($10,155) ($8,335) ($2,872) $3,530 $6,675 $17,113 $23,205 $35,542 $2,617 Accounts Receivable ($8,899) ($1,780) ($2,373) ($1,187) ($4,407) ($1,695) ($5,085) ($6,611) ($3,560) ($11,018) ($6,780) ($13,730) ($67,122) Accounts Payable $1,400 $0 $0 $100 $58 $37 $111 ($6) $0 $0 $0 $0 $1,700 Depreciation & Amortization $1,935 $1,935 $1,935 $1,935 $1,935 $1,935 $1,935 $1,935 $1,935 $1,935 $1,935 $1,935 $23,221 Net Cash Provided by Operating Activities ($23,441) ($15,804) ($13,841) ($13,996) ($12,569) ($8,057) ($5,911) ($1,152) $5,050 $8,030 $18,360 $23,747 ($39,584) Net Cash Flows From Investing Activities Start-‐Up Expenses ($31,713) $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 ($31,713) Equipment and Fixed Assets ($46,830) $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 ($46,830) Leasehold Improvements ($22,000) $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 ($22,000) Net Cash Used in Investing Activities ($100,543) $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 ($100,543) Cash Flows From Financing Bank Loans $125,500 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $125,500 Owner's Capital $10,000 $0 $0 $0 $0 $5,000 $5,000 $5,000 $0 $0 $0 $0 $25,000 Line of Credit $50,000 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $50,000 Net Cash Flow From Financing Activities $185,500 $0 $0 $0 $0 $5,000 $5,000 $5,000 $0 $0 $0 $0 $200,500 Change in Cash Cash Balance, Beginning $0 $61,516 $45,712 $31,871 $17,875 $5,306 $2,248 $1,337 $5,186 $10,236 $18,266 $36,626 $0 Cash Balance, End $61,516 $45,712 $31,871 $17,875 $5,306 $2,248 $1,337 $5,186 $10,236 $18,266 $36,626 $60,373 $60,373
Page 1 and 2: KEALANI KOBAYASHI, MD, INC. Kapolei
Page 3 and 4: EXECUTIVE SUMMARY FAMILY PRACTICE I
Page 5 and 6: BACKGROUND MARKET ANALYSIS M ARKET
Page 7 and 8: M ARKET D RIVERS The major external
Page 9 and 10: The greatest demand increase will b
Page 11 and 12: Dr.'s Office Desk & Chair $1,000 Fi
Page 13 and 14: uninsured populations in the state,
Page 15 and 16: Naro L Torres MD 579 Farrington Hwy
Page 17 and 18: 1991 - 2001 Straub Clinic and Hospi
Page 19 and 20: Variable Expenses Monthly, Y1 Busin
Page 21 and 22: Kobayashi Medical Practice Profit &
Page 23: Kobayashi Medical Practice Profit &

Kobayashi Medical Practice Business Plan - Business Plans Hawaii

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