Creating A Financial Plan for a Private Home Health business
FINANCING &ACCOUNTING(15 pages)60
Points
A.Turn-key costs (explain anditemize)
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TURN KEY COSTS |
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AMOUNT |
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Building |
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Utilities |
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Legal fees & taxes |
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Insurance |
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Salaries & wages |
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Advertisement |
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Office furniture |
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Staff training |
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Computers |
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Computer software |
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Office supplies |
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State licensure & permits |
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Equipment and necessary items
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4 |
Desks |
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4 |
Computer |
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1 |
Conference table |
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10 |
Office Chairs |
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1 |
3-in 1 Copy/Fax/Printer |
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3 |
Filing cabinets |
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3 |
Telephone (1 line) |
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4 |
Cellphone |
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1 |
Flatscreen |
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B. Equity or unencumberedcash
Bank loans:
Owner’s Equity:
C. Collateral
D.Current loans (amounts, types, conditions)
E. Projected cash flow
- For firstyear bymonth and byquarter for next two
years (include yearly totals for Year 1,2,3)
- Explain in narrative the rationale
for your figures
F. Proforma income statements
- For firstyear bymonth and byquarter for next two
years (include yearly totals for Year 1,2,3)
- Explain in narrativethe rationale foryour figures
G. Proforma balance sheets
- Complete for start-up and for
firstyear bymonth and byquarter for next two years(include yearly totals for Year 1,2,3)
- Explain in narrativethe rationale for your figures
H.Breakeven analysis (inunits and/or dollars)
I. Ratio analysis
- Calculate andexplain
selecteduseful ratios and compare toindustry averages-- need 6ratios
J. Suggested bookkeeping method(s)and
basis(single or double entry?) K .Provisions
for taxation- - Federal, state, socialsecurity,
workmen’s comp, etc.
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Rating:
/5
Solution: Creating A Financial Plan for a Private Home Health business