Are you looking to launch a psychiatric facility or raise capital for an existing psychiatric facility? If so, you will need a psychiatric facility business plan. A psychiatric facility typically relies on referrals from local psychiatrists, doctors, hospitals, and government agencies. A psychiatric facility should include a detailed operational plan, as well as marketing plan, growth plan, and 5 year financial plan. The financial plan should be 5 years and include at least monthly detail in year 1 and quarterly detail in year 2-5. When starting a psychiatric facility business plan, the following are several good questions to answer:
- Will you be developing a new psychiatric facility or acquiring an existing psychiatric facility?
- Where will the psychiatric facility be located?
- Will the psychiatric facility be in-patient and out-patient?
- What services will you offer?
- How much will you charge?
- How many beds will the psychiatric facility have?
- What other psychiatric facilities are within 20-40 miles of the proposed location?
If the process of developing a business plan seems overwhelming, you can contact a team of highly experienced business planners and financial planners to develop your business plan and financial plan. Call us at (888) 300-3090 for a free consultation.
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