1.0 Executive Summary
COMPANY NAME located in [CITY], [STATE] is a provider of dental services to patients of all ages. The Practice accepts patients covered by most dental insurances, including patients who are covered by Medicaid.
INSERT NAME is the sole owner of the business. COMPANY NAME competitive edge relates to INSERT NAME long-term professional experience, her philanthropic endeavors, and being the only area dentist who accepts Medicaid patients. Philanthropic endeavors aren't just for millionaires. Philanthropy is an activity that we can all participate in to make our corner of the world a better place. As a skilled professional, INSERT NAME has unique skills she brings to the marketplace to help those less fortunate.
INSERT NAME has successfully managed the dental practice for 25 years. She received her undergraduate degree from Rutgers University and her Doctorate of Dental Science from [NAME] University, established in 1881, it is the fifth oldest dental school in the United States.
Some of INSERT NAME notable philanthropic accomplishments include:
• 15-year member of Organization for International Development (OID), a volunteer mission group which provides free medical and dental services to poor people in rural areas in Jamaica, Ghana, Ethiopia, India and Haiti. She has been on 12 mission trips during which she provided free dental services to the local people in need.
• Board member for [REGION] Development Initiative - an outreach program in the city of [CITY].
• Active deacon in United Presbyterian Church
COMPANY NAME is located in a 1,000 square foot professional office space in the building owned by INSERT NAME. COMPANY NAME's patient base consists of the following:
• Medicaid recipients
• Managed care plans
• Regular fee for service insurance plans
• Cash paying patients
[COUNTY] County is comprised of 21 individual municipalities, spanning over an area of 305 square miles. The growth and development of this area has been on the rise for centuries, and is now standing as the home of 324,186 residents and thousands of diversified businesses. Those numbers are set to increase, with a projected 2014 population expected to reach 343,600 (a 15.5 percent increase since 2000). Located in the heart of the nation's largest metropolitan area, [COUNTY] County contains a balance between urban and suburban neighborhoods and rural countrysides.
COMPANY NAME is seeking $100,000 in grant funding. It is anticipated that the $100,000 in grant funding will provide necessary capital to cover the costs of the following:
• Purchase new equipment
• Location expansion
• Expand business
• Purchase new vehicle
COMPANY NAME expects to maintain a healthy gross margin and net profit margin during the next two years. The net profit for 2010, 2011 and 2012 is forecast to be $102,298, $128,285, and $143,685, respectively. The sales for 2010, 2011, and 2012 are forecast to be $300,000, $350,000, and $375,000, respectively.
The company's anticipated profitability analysis demonstrates that COMPANY NAME's Net Worth is expected to be $240,395 in 2010; $368,680 in 2011; and $512,365 in 2012, respectively.
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