Episode 6: Strategic Business Plan part 1/3
Part of your modern Optometry practice's business foundations, the Strategic Business Plan provides the blueprint to bring your vision to a tangible reality!
Your complete business plan composition including Company Description; Products & Services; Market Analysis; Strategy & Implementation; Organization & Management; Financial Forecast & Feasibility Analysis...
In this episode of The Cold Start Corner, we explore your Executive Summary, and Company Description components of your plan.
Remember, it's all about your practice vision-- scope of care and patient experience, professional & personal goals, and exit strategy!
Your Strategic Business Plan is composed of 7 key areas:
• Executive Summary— provides prospective investors, associates, & purchasers with a general snapshot and layout of the practice.
• Company Description—high-level view of the practice explaining who you are, how you operate, and what your goals are.
• Products & Services
• Market Analysis
• Strategy & Implementation
• Organization & Management Team
• Financial Forecast & Feasibility Analysis
The Strategic Business Plan will serve as the guiding light through your cold-start journey (and beyond!), and position you to qualify for optimal financing amount & terms!
For more modern Optometry practice cold-start insights & solutions
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