Page 40 - The Dental Entrepreneur

The Dental Entrepreneur

Management Summary

Here is where you describe your personnel plan. How many initial employees and estimates of
salary expense.

Financial Plan

The final section is the all important “assumptions” page. Here you will have a Projected P&L,

Projected Cash Flow and Projected Balance Sheet. You will probably need the assistance of
the accountant that you will be using for this task. These are very straight forward standard
computations made for all businesses so paying an accountant for a few hours work will insure
that this is done properly.

By carefully following a template such as this you will successfully communicate to the
financial professionals you interview with that you are knowledgeable about the very basics of
the endeavor you are about to undertake.

Projected Income Statement – First 12 Months

1 2 3 4 5 6 7 8 9 10 11 12

INCOME
Doctor 15,000 17,000 19,000 21,000 23,000 25,000 27,000 29,000 31,000 33,000 35,000 37,000

Hygiene 0 0 0 0 0 3200 320 480 4800 6400 6400 8000
4 days 4 days 6 days 6 days 8 days 8 days 10 days
Total 15,000 17,000 19,000 21,000 23,000 28,200 30,200 33,800 35,800 39,400 41,400 45,000
Revenue

EXPENSE

Doctor 2000 3000 4000 5000 6000 7000 8000 9000 10,000 11,000 12,000 12,500

Withold 800 900 1000 1100 1200 1300 1400 1500 1600 1700 1800 1900
&
Benefits
Payroll 4800 4800 4800 4800 4800 5920 5920 6480 6480 7040 7040 7600

Withold 1440 1440 1440 1440 1440 1974 2114 2366 2506 2758 2898 3150
&
Benefits
Dental 0 1190 1330 1470 1610 1974 2114 2366 2506 2758 2898 3150
Supplies

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