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How to Write a Business Plan for an Outpatient Medical Practice

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Revisit and update it regularly by comparing your forecasts to your actuals and adjusting as necessary. Financial summary: Explain your business model, startup costs, revenues, and liabilities to the company. Use it as a tool, especially around your financials. Do they self-pay or use insurance? Be specific. Operations.

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The Art of Good Inventory Management

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For example: The inventory may be increasing with no corresponding increase in revenues, leaving less operating cash. Cost of goods sold may be increasing in relation to total sales, squeezing the profits in the business. First, develop a forecast: What inventory is needed for each cycle of business over the next year?

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How to Balance Cash Flow in a Seasonal Business

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A good cash flow forecast will help with analysis of funds available and costs throughout the year. Some expenses can be structured so they fit the revenue available for the season. Any inventory at the end of the season should be marked down and sold at a discount to increase off-season revenue and reduce carrying costs.

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One Little Ice Cream Cart That’s About to Have Big Growth

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Beginning as a small red cart in Eugene, Oregon, today Red Wagon Creamery has a downtown storefront, local retail distribution, and online ordering. From the beginning and all along the way, careful planning has guided the business from revenues of $35,000 in 2011, to $400,000 in 2014, and estimates of $700,000 for 2015.

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How to Grow Your Business by Setting Goals [Webinar]

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Don’t set a sales goal or a sales forecast with a hundred line items in there. You’ve got a three year forecast with your goals, monthly for the first 12 months, and then yearly for the next two years. The gross margin is really the sales minus cost of goods, there’s your gross margin. ” Direct cost.

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How to Start a Brewery: Growing Your Own Craft Beer Business

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About the plan: Located in Medford, Oregon, Martin Cove Brewing Company has been a successful microbrewery for the past three years. With this money, they plan to expand its distribution to selected metro areas within the state of Oregon. Within any model, there are things breweries can focus on to stand out and increase revenue.

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