BUSINESS IDEAS Forum : Business Plans Samples > Medical Equipment for Aircrafts

Sample Business Plans -> Medical Equipment for Aircrafts

"Stretch'r Wings" Business Plan:

1.0 Executive Summary
2.0 Company Summary
2.1 Company Ownership
2.2 Start-up Summary
2.3 Company Location
3.0 Products
4.0 Market Analysis Summary
5.0 Strategy and Implementation Summary
6.0 Management Summary
7.0 Financial Plan

Business Ideas applicable for this business plan:

Aircraft Manufacturing
Building Amphibian Aircraft

This business plan was originally published
by Palo Alto Software, Inc. All rights reserved.

2.0 Company Summary

Stretch'r Wings is a start-up company which provides quality-designed and manufactured medical units for aircraft and helicopters. The business will be located in the Metro, IL area. This area has many advantages for shipping and receiving, including: manpower, access to State University's engineering program, and an abundance of manufacturing space for lease.

2.1 Company Ownership

Stretch'r Wings will be incorporated. The company will be privately owned by **, who has worked for thirty-four years in the aircraft field. For fourteen years, the owner has designed and manufactured aircraft medical units under the FAA, STC, and PMA.

**Names have been removed for confidentiality.

2.2 Start-up Summary

Stretch'r Wings' start-up costs will be $82,000. This includes $12,000 for start-up expenses, $50,000 for cash reserve, $10,000 for inventory, and $10,000 in shop equipment assets (furnished by the owner). High cash reserves are required to offset the operating expenses before the company reaches its sales targets. The start-up expenses will be covered by the owner, a second investor, and a $20,000, three-year loan from the bank.

Start-Up


Start-up

Requirements

Start-up Expenses
Legal	$1,000
Stationery etc.	$800
Accounting	$600
Jig and Fabricating Equipment	$1,000
Aug. Rent and Security Deposit	$1,050
Research and Development Prototype	$3,000
Aluminum Inventory	$1,000
Software	$500
Engineering Fee - April, May, June, July	$2,500
Other	$550
Total Start-up Expenses	$12,000

Start-up Assets Needed
Cash Balance on Starting Date	$50,000
Start-up inventory	$10,000
Other Current Assets	$10,000
Total Current Assets	$70,000

Long-term Assets	$0
Total Assets	$70,000
Total Requirements	$82,000

Funding

Investment
Owner	$35,000
Investor 1	$27,000
Other	$0
Total Investment	$62,000

Current Liabilities
Accounts Payable	$0
Current Borrowing	$0
Other Current Liabilities	$0
Current Liabilities	$0

Long-term Liabilities	$20,000
Total Liabilities	$20,000

Loss at Start-up	($12,000)
Total Capital	$50,000
Total Capital and Liabilities	$70,000

2.3 Company Location

This is proprietary information, omitted on this sample plan, not relevant for purpose of examples.

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