*MAKE SURE TO INCLUDE THE FINANCIAL STATEMENTS REQUESTED EVEN IF THEY ARE SIMPLIFIED*
You need to write parts below for a Business Plan (see summary of this Business Plan). Make appropriate headers for this:
1) List
job descriptions of each position. Include benefits (Organizational Chart). How you plan to keep the
books, market and manage this business. Include the number of hours they will
work.
2) Provide
a projected one year financial statement with the budget. Include the following:
Projected Balance Sheet, Projected Income Statement, and a Projected Statement
of Cash Flow. All will be 12 months forward. Don’t forget to include rent and
utilities.
3) Include
the amount of start-up money that you will be requesting (if any) from the City
Council, this should be one quarter of your projected annual budget. Be
prepared to share how you plan to utilize this amount of money.
Business Plan Summary:
For my business, Lifeline Ambulance Service. Lifeline Ambulance Service is a groundbreaking pilot project based in Lexington, Kentucky, designed to enhance the accessibility and affordability of emergency medical services. This initiative plans to launch with two ambulances that are staffed by qualified Nurse Practitioners (NPs). These units will specifically handle non-critical and non-life-threatening emergencies, ensuring that those in need can receive prompt medical attention without the financial burden often associated with emergency healthcare.
The pricing strategy for Lifeline Ambulance Service is set to be significantly lower than traditional services, adhering to a fixed-rate model that provides clarity and reassurance to patients regarding potential costs. This model is in response to the general high costs observed in the Kentucky Ambulance Fee Schedule, although actual expenses for patients might be lower due to agreements with Medicare, Medicaid, and other managed care organizations. Lifeline aims to establish similar partnerships to ensure affordability.
Operational hours for Lifeline Ambulance Service will be designed to meet community needs effectively, which will be determined as the project moves closer to launch. The service will emphasize flexible hours to cover periods of high demand, ensuring availability when patients need them the most.
A crucial aspect of this venture is its collaboration with the University of Kentucky, particularly leveraging the resources of its medical school. This partnership will involve engaging medical students and practitioners in a cost-sharing and volunteer capacity, which will not only help reduce operational costs but also provide valuable real-world training for medical students.
Additionally, Lifeline Ambulance Service seeks to secure funding and support from the Lexington City Council. This support is essential for expanding the service’s reach and enhancing its capabilities. The aim is to create a scalable model that can be adapted and implemented in other regions as well, promoting a more equitable healthcare system.
By addressing key issues such as cost transparency, patient education, and community-based care, Lifeline Ambulance Service aims to redefine the expectations for emergency medical services, making it a potential model for future healthcare initiatives across the nation.
Assignment needs to be in order to gain points:
1. Clear and concise
2. Clearly stated how the company will be successfull
3. Clear and logical explanation
4. Demonstrate knowledge
