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Acupuncture Business Plan + Financial Model
58 Page Business Plan & 21 Tab Financial Model
Executive Summary
Overview: Our job is to help you meet your health, well-being, and aesthetic objectives. From your first consultation to the last, we are dedicated to boosting your well-being by providing excellent services. As you can see, Blackbird Acupuncture was created to make you feel at ease and create a soothing environment. We are proud to be a top-notch acupuncture clinic with highly competent practitioners. Carrie, our Licensed Acupuncturist, is a devoted professional passionate about her work and her patients.
Mission: To use acupuncture, herbal medicine, and traditional Chinese therapies to enhance mental, emotional, and physical health and wellbeing responsibly, safely, and ethically.
Vision: By offering programs that increase the quality of life and wellbeing, we want to better the community and also the lives of those we serve.
Industry Overview:
Recent analysis shows that the acupuncture industry will grow by USD 14.31 billion between 2021 and 2026, with a CAGR of 13.65%. In 2022, the market for acupuncture will increase at a pace of 12.97 percent year on year. Factors such as the increased frequency of chronic pain and gynecological illnesses and rising stress among the youthful population are driving the market. On the other hand, acupuncture treatment’s adverse effects are stifling market expansion. According to the new Market Research Future (MRFR), the worldwide acupuncture market is expected to grow at a 14.50 percent CAGR from 2018 to 2023, reaching USD 55,323.8 million.
Business Description
Business Name:
Founder: Jacob Harris
Management Team:
Goals:
✅ Achieve a reputation as a trusted and respected provider of acupuncture and Chinese medicine in the community.
✅ Increase patient retention rate to over 85% within the next year.
✅ Continuously review and improve our business processes to increase patient satisfaction and retention.
Services
✅ Traditional Acupuncture: Needle-based treatment targeting various health issues.
✅ Electroacupuncture: Use of electric current through acupuncture needles for enhanced stimulation.
✅ Auricular Acupuncture: Treatment focusing on acupuncture points in the ear to address various conditions.
Organizational Overview
Organizational Overview helps identify overall structure of the business in terms of hierarchy and job description. This will help you identify the positions for which you need to recruit. The organogram included in the template helps your drag and drop content with ease. There are multiple pre-made designs to choose from. Change the hierarchy and structure in any way you want.
Pick & Choose. Most likely positions and job descriptions for the laundromat business has already been included. Keep what your need and delete what you dont. The need for each laundromat business is different.
Financials
Just Plug & Chuck! Even if you are a rookie with numbers and financials, you will love this!
Play with the numbers and find out answers to key questions:
✔️ How long will it take to be profitable?
✔️ Will I run out of cash?
✔️ How many people do I need to recruit and for which positions?
✔️ What’s the customer acquisition cost for similar businesses?
✔️ If I invest $X on marketing then what will be my revenue?
Industry Analysis
Whats in the Industry Analysis?
✔️ $6700 worth of research report data
✔️ $1000 worth of customer survey
✔️ Target Market Segmentation methodology to help you carve out a segment of the market so that you can concentrate your resources and investment more efficiently.
✔️ TAM, SAM and SOM. The target market segmentation will help you find out size of the market in terms of number of people and this will help you find the size in terms of dollar value.
✔️ Competitive Landscape Analysis methodology to help you identify your primary competitors, how to find their gaps and how to exploit those gaps.
✔️ Industry Problems & Opportunities. Some common industry problems and resulting opportunities.
✔️ Indstry Trends & Future Outlook
The laundromat industry is a mature industry with relatively slow growth, but it is also recession-resistant and is expected to generate $6.0 billion in revenue in the United States in 2023. The industry is facing some challenges, such as the increasing popularity of in-home laundry machines and the rise of drop-off laundry and dry-cleaning services. However, laundromats still offer a number of advantages, such as convenience, affordability, and access to large machines that can handle large loads of laundry.
✅ Sections in Business Plan Template: Executive Summary, Business Description, Fund Usage, Industry Analysis, Marketing Plan, Organizational Overview, Operational Overview and Financial Plan. Format: Google Doc and Microsoft Word.
✅ Sections in Financial Model: Firstly you get 3 year anuual projection in the financial model and monthly breakdown for Cost and Revenue Tabs. The tabs that you get in Google Sheet or Excel File included are Dashboard, Income Statement, Cash Flow Statement, Balance Sheet, Revenue Monthly Breakdown, Cost of Goods Sold or Cost of Service Breakdown, Operating Cost, Non- Current Asset Schedule (which is used to calculate depriciation) and Graphs & Charts which can be copied to the business plan.
✅ 100% Editable in both Mac and Windows
✅ Detailed 21 Statement Financial Model
✅ Write a Plan in just 2 days!
✅ Video Tutorial
✅ Hands-on Support
Reviews
340+ Downloads & Counting
This business plan template was a game-changer for me. It was comprehensive, covering all aspects from market analysis to financial projections. It made the daunting task of writing a business plan much more manageable.
★★★★★
I found the template very useful, especially the sections on competitive analysis and marketing strategies. However, I wish it had more detailed guidance on environmental compliance and sustainable practices.
★★★★★
Really impressed with the detail in the customer demographics and service offerings sections. It helped me tailor my services to the local market. A section on online and app integration would make it even better.”
★★★★★
As a first-time entrepreneur, this template was exactly what I needed. It’s user-friendly, thorough, and made me consider aspects of the business I hadn’t thought of. The risk analysis section was particularly eye-opening.
★★★★★
F.A.Q
Yeah but will this template help me get a loan?
Maybe. This mostly depends on your business idea, previous experiences, ability to provide collateral and relevant factors. This is a template for present your plan in the best possible way. In addition, the financial model helps to validate your business concept or your expansion plan. It’s kind of hard to provide more for just $49.
Is the payment secure?
Our payment is processed by Stripe so you can rest assured about your data privacy and security.
What is the refund or cancellation policy?
Due to the fact that templates are downloaded, we cannot give refunds.
Digital material is exempt from the 14-day return policy applicable to physical products. Because of this, our downloadable content are non-returnable. All sales are final. You can also check out the video in the product page to get an idea of contents of the template. This should help you get a clear idea on the features of the product.
However, we do value the customer experience and are accessible to assist you with any problems you may have while using our goods. If you have particular queries regarding our product, please use the chat box on this page or send an email to [email protected].
How can I edit the template?
Simple. If you are using Google Doc and Sheets then just make a copy in your own Google Drive. In case you are using Microsoft Office then Download the files and start editing.
What about support?
You can email us at [email protected] and we will respond in 24 to 48 Hrs. We offer in-person or email based support depending on your needs.
Every other reason for not buying....
❌ “But you can’t replace hiring a business plan writer to do this”
✅ This template costs $49 not $2,000. Also, you have more control over the writing process. The template is very specific so you will have relevant info in Industry Analysis, Financial Model and other sections.
❌ “I feel like just browsing online and using the free templates available online.
✅ Sure, if you wish to spend 4 weeks instead of 2 days to write a plan then please go ahead. Our research team found that free resources are very generic and does not offer fill-up and use facility. Also, you won’t get the specialized financial model from the free resources.
❌ But wouldn’t everyone’s content look the same?
✅ Nope. Our customers are smart and customize by adding their own images, logo, company description, etc.
❌ “But can you garuntee that I will get a bank loan using this?
✅ No, I cannot garuntee anything for $49. The purpose of this template is to make it easier and less time consuming for you to write a business plan.
Who developed this template?
Our templates are developed by CPAs, CFAs and Ex- consultants of BCG, Mckinsey, PwC and KMPG. Elma Steven is the Head of our Quality Control.
Can I validate my the prospect of my MVP using this?
Yes. The financial model will help you plug in price, unit cost, payables and other assumptions which will allow you to project the revenue, profit and other KPIs.