Elite Medical Transcription (EMT) offers high-quality, low-error medical transcriptions to physicians and small practices of psychologists. EMT will also serve other parts of the market with sporadic service requests.
By utilizing sophisticated software, EMT provides accurate and convenient transcription services not yet available to the medical community in Eugene. They prioritize extensive staff training to ensure highly qualified transcribers.
These competitive advantages, combined with a growing market, enable EMT to quickly penetrate the market. The company expects to be profitable by month eight and achieve a solid net profit by year three.
Objectives:
– Create a service-based company that aims to exceed customer expectations.
– Increase the number of clients by 20% through superior service.
– Have 45% of clients become repeat customers.
– Develop a sustainable home-based business sustained by its own cash flow.
Mission:
EMT’s mission is to provide the finest medical transcription service available. The company exists to attract and retain customers, with the belief that everything else will fall into place when this goal is met.
EMT, a medical transcription service, serves the Eugene medical community. We offer superior service through sophisticated digital equipment and careful proofing. EMT also provides professionally trained transcriptionists. Dawn Copikat has taken numerous medical courses to have medical vocabulary and understanding, which will be an asset while serving the medical community.
EMT will be located in Dawn’s home. Dawn will handle scheduling, estimates, billing, and some transcribing. She will have one full-time employee for transcriptions. By month 11, Dawn will bring another full-time transcriber onboard. EMT is projected to become profitable by month eight and generate $35,000 in revenue by year three.
EMT is a sole proprietorship owned by Dawn Copikat.
EMT will require the following equipment:
– Legal fees for company formation, generation, and contract review.
– Advertising costs for local medical journal and association newsletter placements.
– Furniture, including two desks, chairs, and file cabinets.
– Paper shredder, copier, and fax machine.
– Two computer systems with Microsoft Office, a printer, CD-RW, and internet connection.
– Two transcribers.
– Medical transcription software.
– Specific psychologist transcription software.
– Reference library.
– Voice recognition software.
– Various office supplies, including stationery.
– Cellular phone and pager.
Please note that the listed equipment will be considered long-term assets.
Start-up Funding:
Start-up Expenses to Fund: $400
Start-up Assets to Fund: $29,600
Total Funding Required: $30,000
Assets:
Non-cash Assets from Start-up: $5,450
Cash Requirements from Start-up: $24,150
Additional Cash Raised: $0
Cash Balance on Starting Date: $24,150
Total Assets: $29,600
Liabilities and Capital:
Liabilities:
Current Borrowing: $0
Long-term Liabilities: $0
Accounts Payable (Outstanding Bills): $0
Other Current Liabilities (interest-free): $0
Total Liabilities: $0
Capital:
Planned Investment:
Dawn: $30,000
Investor 2: $0
Other: $0
Additional Investment Requirement: $0
Total Planned Investment: $30,000
Loss at Start-up (Start-up Expenses): ($400)
Total Capital: $29,600
Total Capital and Liabilities: $29,600
Total Funding: $30,000
Start-up Requirements:
Start-up Expenses:
Legal: $300
Stationery etc.: $100
Other: $0
Total Start-up Expenses: $400
Start-up Assets:
Cash Required: $24,150
Other Current Assets: $0
Long-term Assets: $5,450
Total Assets: $29,600
Total Requirements: $30,000
Services:
EMT will provide high-level medical transcription services to the Eugene medical community. We transcribe office visits, surgery notes, lab results, admissions, assessments, and discharge summaries.
We offer digital transcription services that allow physicians to call our office and record dictation over the phone. This eliminates the need for scheduling a transcriber or forwarding a cassette to a dictation service.
EMT also offers a rush service that delivers transcriptions in 24 hours, cutting the turnaround time in half.
Market Analysis Summary:
The medical transcription market in Eugene consists of two main groups: physicians and psychologists who practice alone, and hospitals, clinics, and other doctors with in-house solutions. EMT will focus on serving both groups, providing them with efficient and cost-effective transcription services.
Market Analysis
Contents
4.2 Target Market Segment Strategy
EMT intends to target the two groups with the most need for medical transcription services. These groups have the greatest need because they are most likely not to have an in-house transcriber. This setup is ideal for EMT because it typically means a long-term, active service relationship.
EMT will also serve the rest of the medical community as the need arises. There are occasions when a hospital or larger office may be short-staffed and they need a transcriber to fulfill an immediate need. EMT will pick up the random transcriber call from the larger clinics and hospitals that have an immediate need that they cannot service with their own personnel.
4.3 Service Business Analysis
The medical transcription business is a growing industry struggling to fulfill the demand created by physicians. The value of a skilled transcriber is that there will be far fewer errors, which often occur when the transcriber is unfamiliar with the term that the doctor is using.
In doing market research, EMT interviewed current medical transcribers in Portland and Seattle. Despite competition, they were not concerned because of how much work they had.
The growth of the medical transcription field has been spurred by insurance company requirements for legible notes, prompting a great deal of demand for qualified medical transcribers.
4.3.1 Competition and Buying Patterns
The competition takes two forms:
1. General transcription service – These are services that offer medical services in addition to general offerings. These firms typically have someone trained in medical transcription but do not exclusively specialize in it.
The buying patterns for medical transcribers are typically based on the type of relationship the physician has with the transcriber. If the physician does not have an in-house solution, then ideally, they will have a long-term relationship with a service provider. If the physician or hospital has in-house transcribers, then their relationships with the transcriber services are based on sporadic service calls, filling a need when their service provider is unable.
Strategy and Implementation Summary
EMT will heavily promote their superior service offerings. Their excellent employee medical-specific training and superior software products ensure error reduction and offer the convenience of electronic dictation from any phone at any time.
5.1 Competitive Edge
EMT has two competitive advantages: the use of advanced digital equipment and a commitment to training. The company has invested in the newest technology, allowing EMT to process dictations more quickly and accurately.
This competitive advantage benefits clients as it allows them to make a dictation over the phone at any time during the day. EMT’s second competitive edge is their commitment to training. In addition to requiring classes in medical transcription, EMT has sophisticated software manufactured specifically for medical transcriptions. The staff are all trained to utilize this software to its fullest advantage, developing the most error-free document as possible.
5.2 Sales Strategy
EMT’s strategy will be to close prospective leads by asserting high-quality services, including well-trained transcribers and advanced digital equipment offering more conveniences for physicians.
In addition to highlighting the convenience features being offered, EMT will also emphasize product quality. Because of their extensive training and sophisticated use of technology, EMT’s transcription product is as error-free as reasonably possible.
Recognizing that the industry typically has a 48-hour turnaround, EMT offers an express service where they can turn around orders in 24 hours. There are times when speed and accuracy are the priority, and EMT will meet this demand with their express service. This service will be emphasized whenever prospective customers inquire about EMT’s services.
5.2.1 Sales Forecast
The first month will be used to set up the home office. During this period, Dawn will advertise in local industry-specific journals and association newsletters. At the beginning of month two, EMT will begin servicing clients. The first several months are expected to be slow. Dawn expects it to take some time before business really booms. By month 11, business will be doing well, and she will hire one more person.
| Sales Forecast | |||
| Year 1 | Year 2 | Year 3 | |
| Sales | |||
| Doctors | $42,706 | $81,458 | $93,542 |
| Psychologists | $36,539 | $62,545 | $71,254 |
| Total Sales | $79,245 | $144,003 | $164,796 |
| Direct Cost of Sales | Year 1 | Year 2 | Year 3 |
| Doctors | $4,271 | $8,146 | $9,354 |
| Psychologists | $3,654 | $6,255 | $7,125 |
| Subtotal Direct Cost of Sales | $7,925 | $14,400 | $16,480 |
5.3 Milestones
EMT will have several milestones early on:
- Business plan completion. This will be done as a road map for the organization. While we do not need a business plan to raise capital, it will be an indispensable tool for the ongoing performance and improvement of the company.
- Set up the office.
- Profitability.
- Revenue exceeding $50,000.
| Milestones | |||||
| Milestone | Start Date | End Date | Budget | Manager | Department |
| Business Plan Completion | 1/1/2001 | 2/1/2001 | $0 | Dawn | Marketing |
| Office Set-up | 1/1/2001 | 2/1/2001 | $0 | Dawn | Department |
| Profitability | 1/1/2001 | 8/1/2001 | $0 | Dawn | Department |
| Revenue Exceeding $50,000 | 1/1/2001 | 10/30/2001 | $0 | Dawn | Department |
| Totals | $0 | ||||
Management Summary
Dawn Copikat, founder and owner received her Bachelor of Arts from the University of Oregon. During the three years she was pursuing her degree, Dawn worked part time in a physician’s office. She gained insight into the practice of medicine and had a crash course regarding terminology, as well as seeing the amount of money that her employer spent on an outside transcription service. She was able to see the poor quality of the service they received, including typographical errors. Sometimes the product was used regardless of the errors, other times the work had to be sent back and corrected. She was amazed at the number of inaccuracies, but the physician said that this was par for the course.
6.1 Personnel Plan
Dawn will be working full time for EMT. She will wear many hats, including transcriber, payroll, sales, scheduling, and training. Month two will mark when she brings the first employee on board and it will not be until month 11 until she will need a second employee.
Because EMT will be training the staff more than traditional transcribing companies, she will be paying her staff higher than market wages as security for them to stay with the company. It costs too much to find and train new employees, so EMT would rather train people once and ensure that they become long-term employees.
| Personnel Plan | |||
| Year 1 | Year 2 | Year 3 | |
| Dawn | $36,000 | $36,000 | $36,000 |
| Full-time Transcriber | $23,100 | $25,200 | $23,000 |
| Full-time Transcriber | $4,200 | $25,200 | $23,000 |
| Total People | 3 | 3 | 3 |
| Total Payroll | $63,300 | $86,400 | $82,000 |
Financial Plan
The following subtopics will provide more financial information.
7.1 Important Assumptions
See the following table for important financial assumptions.
| General Assumptions | |||
| Year 1 | Year 2 | Year 3 | |
| Plan Month | 1 | 2 | 3 |
| Current Interest Rate | 10.00% | 10.00% | 10.00% |
| Long-term Interest Rate | 10.00% | 10.00% | 10.00% |
| Tax Rate | 25.42% | 25.00% | 25.42% |
| Other | 0 | 0 | 0 |
7.2 Break-even Analysis
The Break-even Analysis is shown below.
Break-even Analysis:
Monthly Revenue Break-even: $7,308
Assumptions:
– Average Percent Variable Cost: 10%
– Estimated Monthly Fixed Cost: $6,577
Projected Profit and Loss
The table below shows the projected profit and loss.
The provided Pro Forma Profit and Loss table below shows the financial projections for three years:
Year 1 Year 2 Year 3
Sales $79,245 $144,003 $164,796
Direct Cost of Sales $7,925 $14,400 $16,480
Other $0 $0 $0
Total Cost of Sales $7,925 $14,400 $16,480
Gross Margin $71,321 $129,603 $148,316
Gross Margin % 90.00% 90.00% 90.00%
Expenses
Payroll $63,300 $86,400 $82,000
Sales and Marketing and Other Expenses $1,620 $1,620 $1,620
Depreciation $1,812 $1,812 $1,812
Leased Equipment $0 $0 $0
Utilities $1,500 $1,500 $1,500
Insurance $1,200 $1,200 $1,200
Rent $0 $0 $0
Payroll Taxes $9,495 $12,960 $12,300
Other $0 $0 $0
Total Operating Expenses $78,927 $105,492 $100,432
Profit Before Interest and Taxes ($7,607) $24,111 $47,884
EBITDA ($5,795) $25,923 $49,696
Interest Expense $0 $0 $0
Taxes Incurred $0 $6,028 $12,171
Net Profit ($7,606) $18,083 $35,714
Net Profit/Sales -9.60% 12.56% 21.67%
The projected cash flow for the project is presented in the following table.
Pro Forma Cash Flow
Year 1 Year 2 Year 3
Cash Received
Cash from Operations
Cash Sales $35,660 $64,801 $74,158
Cash from Receivables $29,606 $67,779 $86,970
Subtotal Cash from Operations $65,267 $132,580 $161,128
Additional Cash Received
Sales Tax, VAT, HST/GST Received $0 $0 $0
New Current Borrowing $0 $0 $0
New Other Liabilities (interest-free) $0 $0 $0
New Long-term Liabilities $0 $0 $0
Sales of Other Current Assets $0 $0 $0
Sales of Long-term Assets $0 $0 $0
New Investment Received $0 $0 $0
Subtotal Cash Received $65,267 $132,580 $161,128
Expenditures
Year 1 Year 2 Year 3
Expenditures from Operations
Cash Spending $63,300 $86,400 $82,000
Bill Payments $19,034 $37,314 $44,649
Subtotal Spent on Operations $82,334 $123,714 $126,649
Additional Cash Spent
Sales Tax, VAT, HST/GST Paid Out $0 $0 $0
Principal Repayment of Current Borrowing $0 $0 $0
Other Liabilities Principal Repayment $0 $0 $0
Long-term Liabilities Principal Repayment $0 $0 $0
Purchase Other Current Assets $0 $0 $0
Purchase Long-term Assets $0 $0 $0
Dividends $0 $0 $0
Subtotal Cash Spent $82,334 $123,714 $126,649
Net Cash Flow ($17,067) $8,866 $34,480
Cash Balance $7,083 $15,949 $50,428
Projected Balance Sheet
Year 1 Year 2 Year 3
Assets
Current Assets
Cash $7,083 $15,949 $50,428
Accounts Receivable $13,978 $25,401 $29,069
Other Current Assets $0 $0 $0
Total Current Assets $21,061 $41,350 $79,497
Long-term Assets
Long-term Assets $5,450 $5,450 $5,450
Accumulated Depreciation $1,812 $3,624 $5,436
Total Long-term Assets $3,638 $1,826 $14
Total Assets $24,699 $43,176 $79,511
Liabilities and Capital
Year 1 Year 2 Year 3
Current Liabilities
Accounts Payable $2,706 $3,099 $3,721
Current Borrowing $0 $0 $0
Other Current Liabilities $0 $0 $0
Subtotal Current Liabilities $2,706 $3,099 $3,721
Long-term Liabilities $0 $0 $0
Total Liabilities $2,706 $3,099 $3,721
Paid-in Capital $30,000 $30,000 $30,000
Retained Earnings ($400) ($8,006) $10,077
Earnings ($7,606) $18,083 $35,714
Total Capital $21,994 $40,077 $75,790
Total Liabilities and Capital $24,699 $43,176 $79,511
Net Worth $21,994 $40,077 $75,790
Sales Growth 0.00% 81.72% 14.44% 5.80%
Percent of Total Assets
Accounts Receivable 56.59% 58.83% 36.56% 28.90%
Other Current Assets 0.00% 0.00% 0.00% 22.00%
Total Current Assets 85.27% 95.77% 99.98% 86.20%
Long-term Assets 14.73% 4.23% 0.02% 13.80%
Total Assets 100.00% 100.00% 100.00% 100.00%
Current Liabilities
Accounts Payable 10.95% 7.18% 4.68% 43.90%
Long-term Liabilities 0.00% 0.00% 0.00% 10.10%
Total Liabilities 10.95% 7.18% 4.68% 54.00%
Net Worth 89.05% 92.82% 95.32% 46.00%
Percent of Sales
Sales 100.00% 100.00% 100.00% 100.00%
Gross Margin 90.00% 90.00% 90.00% 28.30%
Selling, General & Administrative Expenses 99.60% 77.44% 68.21% 16.20%
Advertising Expenses 2.04% 1.12% 0.98% 0.90%
Profit Before Interest and Taxes -9.60% 16.74% 29.06% 3.40%
Main Ratios
Current 7.78 13.34 21.37 1.93
Quick 7.78 13.34 21.37 0.91
Total Debt to Total Assets 10.95% 7.18% 4.68% 54.00%
Pre-tax Return on Net Worth -34.59% 60.16% 63.18% 6.20%
Pre-tax Return on Assets -30.80% 55.84% 60.22% 13.50%
Additional Ratios
Net Profit Margin -9.60% 12.56% 21.67% n.a
Return on Equity -34.59% 45.12% 47.12% n.a
Activity Ratios
Accounts Receivable Turnover 3.12 3.12 3.12 n.a
Collection Days 55 91 110 n.a
Accounts Payable Turnover 8.03 12.17 12.17 n.a
Payment Days 27 28 27 n.a
Total Asset Turnover 3.21 3.34 2.07 n.a
Debt Ratios
Debt to Net Worth 0.12 0.08 0.05 n.a
Current Liab. to Liab. 1.00 1.00 1.00 n.a
Liquidity Ratios
Net Working Capital $18,356 $38,251 $75,776 n.a
Interest Coverage 0.00 0.00 0.00 n.a
Additional Ratios
Assets to Sales 0.31 0.30 0.48 n.a
Current Debt/Total Assets 11% 7% 5% n.a
Acid Test 2.62 5.15 13.55 n.a
Sales/Net Worth 3.60 3.59 2.17 n.a
Dividend Payout 0.00 0.00 0.00 n.a
Appendix
Sales Forecast
Month 1 Month 2 Month 3 Month 4 Month 5 Month 6 Month 7 Month 8 Month 9 Month 10 Month 11 Month 12
Sales
Doctors $0 $1,245 $1,354 $1,654 $2,474 $3,254 $3,354 $4,125 $5,358 $5,987 $6,547 $7,354
Psychologists $0 $1,001 $1,245 $1,458 $1,874 $2,754 $3,021 $3,524 $4,685 $5,055 $5,687 $6,235
Total Sales $0 $2,246 $2,599 $3,112 $4,348 $6,008 $6,375 $7,649 $10,043 $11,042 $12,234 $13,589
Direct Cost of Sales
Month 1 Month 2 Month 3 Month 4 Month 5 Month 6 Month 7 Month 8 Month 9 Month 10 Month 11 Month 12
Doctors $0 $125 $135 $165 $247 $325 $335 $413 $536 $599 $655 $735
Psychologists $0 $100 $125 $146 $187 $275 $302 $352 $469 $506 $569 $624
Subtotal Direct Cost of Sales $0 $225 $260 $311 $435 $601 $638 $765 $1,004 $1,104 $1,223 $1,359
Personnel Plan
Month 1 Month 2 Month 3 Month 4 Month 5 Month 6 Month 7 Month 8 Month 9 Month 10 Month 11 Month 12
Dawn $3,000 $3,000 $3,000 $3,000 $3,000 $3,000 $3,000 $3,000 $3,000 $3,000 $3,000 $3,000 $3,000
Full-time Transcriber $0 $2,100 $2,100 $2,100 $2,100 $2,100 $2,100 $2,100 $2,100 $2,100 $2,100 $2,100 $2,100
Full-time Transcriber $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $2,100 $2,100
Total People 1 2 2 2 2 2 2 2 2
TABLE OF CONTENTS
1. General Assumptions
2. Pro Forma Profit and Loss
GENERAL ASSUMPTIONS:
– Plan Month: 1 to 12
– Current Interest Rate: 10.00%
– Long-term Interest Rate: 10.00%
– Tax Rate: 30.00%
– Other: 0
PRO FORMA PROFIT AND LOSS:
– Sales (in dollars): $0, $2,246, $2,599, $3,112, $4,348, $6,008, $6,375, $7,649, $10,043, $11,042, $12,234, $13,589
– Direct Cost of Sales: $0, $225, $260, $311, $435, $601, $638, $765, $1,004, $1,104, $1,223, $1,359
– Other: $0 throughout the year
– Total Cost of Sales: $0, $225, $260, $311, $435, $601, $638, $765, $1,004, $1,104, $1,223, $1,359
– Gross Margin (in dollars): $0, $2,021, $2,339, $2,801, $3,913, $5,407, $5,738, $6,884, $9,039, $9,938, $11,011, $12,230
– Gross Margin %: 0.00%, 90.00% throughout the year
EXPENSES:
– Payroll: $3,000, $5,100, $5,100, $5,100, $5,100, $5,100, $5,100, $5,100, $5,100, $5,100, $7,200, $7,200
– Sales and Marketing and Other Expenses: $135 throughout the year
– Depreciation: $151 throughout the year
– Leased Equipment: $0 throughout the year
– Utilities: $125 throughout the year
– Insurance: $100 throughout the year
– Rent: $0 throughout the year
– Payroll Taxes: 15%, $450, $765, $765, $765, $765, $765, $765, $765, $765, $765, $1,080, $1,080
– Other: $0 throughout the year
Total Operating Expenses: $3,961, $6,376, $6,376, $6,376, $6,376, $6,376, $6,376, $6,376, $6,376, $6,376, $8,791, $8,791
PROFIT AND LOSS:
– Profit Before Interest and Taxes: ($3,961), ($4,355), ($4,037), ($3,575), ($2,463), ($969), ($639), $508, $2,663, $3,562, $2,220, $3,439
– EBITDA: ($3,810), ($4,204), ($3,886), ($3,424), ($2,312), ($818), ($488), $659, $2,814, $3,713, $2,371, $3,590
– Interest Expense: $0 throughout the year
– Taxes Incurred: $0 throughout the year
– Net Profit: ($3,961), ($4,355), ($4,037), ($3,575), ($2,463), ($969), ($639), $508, $2,663, $3,562, $2,220, $3,439
– Net Profit/Sales: 0.00%, -193.88%, -155.33%, -114.88%, -56.64%, -16.13%, -10.02%, 6.64%, 26.51%, 32.26%, 18.14%, 25.31%
Pro Forma Cash Flow:
| Pro Forma Cash Flow | ||||||||||||
| Month 1 | Month 2 | Month 3 | Month 4 | Month 5 | Month 6 | Month 7 | Month 8 | Month 9 | Month 10 | Month 11 | Month 12 | |
| Cash Received | ||||||||||||
| Cash from Operations | ||||||||||||
| Cash Sales | $0 | $1,011 | $1,170 | $1,400 | $1,957 | $2,704 | $2,869 | $3,442 | $4,519 | $4,969 | $5,505 | $6,115 |
| Cash from Receivables | $0 | $0 | $41 | $1,242 | $1,439 | $1,734 | $2,422 | $3,311 | $3,530 | $4,251 | $5,542 | $6,095 |
| Subtotal Cash from Operations | $0 | $1,011 | $1,211 | $2,642 | $3,395 | $4,438 | $5,291 | $6,753 | $8,049 | $9,220 | $11,047 | $12,210 |
| Additional Cash Received | ||||||||||||
| Sales Tax, VAT, HST/GST Received | 0.00% | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| New Current Borrowing | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| New Other Liabilities (interest-free) | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| New Long-term Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Sales of Other Current Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Sales of Long-term Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| New Investment Received | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Subtotal Cash Received | $0 | $1,011 | $1,211 | $2,642 | $3,395 | $4,438 | $5,291 | $6,753 | $8,049 | $9,220 | $11,047 | $12,210 |
| Expenditures | ||||||||||||
| Expenditures from Operations | ||||||||||||
| Cash Spending | $3,000 | $5,100 | $5,100 | $5,100 | $5,100 | $5,100 | $5,100 | $5,100 | $5,100 | $5,100 | $7,200 | $7,200 |
| Bill Payments | $27 | $828 | $1,351 | $1,387 | $1,440 | $1,565 | $1,727 | $1,767 | $1,898 | $2,133 | $2,244 | $2,668 |
| Subtotal Spent on Operations | $3,027 | $5,928 | $6,451 | $6,487 | $6,540 | $6,665 | $6,827 | $6,867 | $6,998 | $7,233 | $9,444 | $9,868 |
| Additional Cash Spent | ||||||||||||
| Sales Tax, VAT, HST/GST Paid Out | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Principal Repayment of Current Borrowing | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Liabilities Principal Repayment | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-term Liabilities Principal Repayment | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Purchase Other Current Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Purchase Long-term Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Dividends | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Subtotal Cash Spent | $3,027 | $5,928 | $6,451 | $6,487 | $6,540 | $6,665 | $6,827 | $6,867 | $6,998 | $7,233 | $9,444 | $9,868 |
| Net Cash Flow | ($3,027) | ($4,917) | ($5,240) | ($3,844) | ($3,145) | ($2,
Business Plan Outline
|
Hello!
I’m Andrew Brooks, a seasoned finance consultant from the USA and the mind behind phonenumber247.com.
My career is built on a foundation of helping individuals and businesses thrive financially in an ever-changing economic landscape. At phonenumber247.com, my aim is to demystify the complex world of finance, providing clear, actionable advice that can help you navigate your financial journey with confidence. Whether it’s personal finance management, investment strategies, or understanding the nuances of market dynamics, I’m here to share insights and tools that can propel you towards your financial goals.
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