A detox facility business plan will raise several questions for your writing. The most pressing might seem beyond the obvious: will you run the facility as a for-profit venture, or do you plan to seek a grant or non-profit donation to run it? If you'll be a 501c3 organization, make sure that the financial model is structured to show the cash burn rate and the surplus and deficit you envision. It is important to show potential backers -- whether government agencies or private funders -- that you can operate the detox center for at least five years without needing additional capital. Also note any dividend reinvestment opportunities, i.e., what will you do with any revenues the center generates from operations? For the (more common) for-profit business model, make a business plan that addresses these issues/questions:
• What is the target market for your detox center?
• How will you come into contact with potential users?
• Will the facility be an inpatient center?
• What costs do you envision per resident?
• Will there be medical doctors on staff?
The business plan for a detox center will need a full personnel plan, whether you are modeling out a for-profit enterprise or a not-for-profit facility. Note when people will get hired, when existing employees receive raises, and what the prevailing patient to medical staff member ratio is over the life of your model. The pro forma should also provide monthly estimates for the first year post-funding and preferably a sensitivity analysis that illustrates the impact of increased or decreased detox center revenues. The market analysis should address both the market need and the players in the industry already servicing it, and your services should be described in detail. MasterPlans can assist you with this business plan. Our experts have worked on dozens of rehabilitation and detox centers. Call today at 877-453-2011.
