Revive Chiropractic | Application Preview
Revive Chiropractic is seeking government grants to cover business overhead expenses. The funding will support a structured business plan projected to generate revenue of $323,000 in the first year, increasing to $683,000 by the fifth year. Initially, the clinic will service 274 patient visits per week at an average rate of $45 per visit, with plans to add another doctor in the fourth and fifth years to further promote growth through outreach marketing and networking.
The application emphasizes the rising demand for healthcare options amid the global pandemic, highlighting chiropractic care's role in enhancing the immune system and reducing stress on healthcare systems. The practice positions itself as a valuable resource for improving public health during challenging times.
Revive Chiropractic faces competition from low-cost adjustment advertisements, physical therapists, and medical doctors who recommend against chiropractic care. However, the clinic's competitive advantage lies in its specialized experience with children and pregnant women, backed by over 168 hours of training. This focus on nervous system function enables quicker improvements for clients compared to other chiropractors who may use less targeted approaches.
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General Information
Business Registration Number: 84-3779847
Location: Denver, CO, United States
Length of Operation: 1
Number of Employees:
Annual Gross Income:
Annual Gross Expense:
Open to Loans: YES
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Funding Usage
Funding will be used for business expenses for covering overhead
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Business Plan
My business will collect $323,000 in year 1, $522,000 in year 2, $603,000 in year 3, $654,000 in year 4, and $683,000 in year 5. My office will grow at a steady pace for the first 3 years, seeing 274 patient visits/week, at an average of $45/visit. I will add another doctor to the office for years 4-5 to help continue to grow the practice by outreach marketing, setting up health talks, establishing relationships with other business owners for continual referrals, and networking. With everything going on in the world right now with the global pandemic, people are needing more resourceful healthcare options now more than ever. Chiropractic helps reduce any stress within your nervous system, which helps enhance the immune system, and gives your body the best chance to naturally fight off any pathogens that are looking to invade your body. This pandemic is putting a lot of stress on our hospital systems and economy, so investing in chiropractic as a natural alternative can help more people in our society by boosting their immune system, decreasing their chances of getting sick, and helping this nation finally be able to get back on our feet and start to thrive again.
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Self Identified Competition
Chiropractors who advertise cheap adjustments. Physical therapists who advise their patients not to see chiropractors. Medical doctors who advise their patients not to see chiropractors. Not many chiropractors have much experience with taking care of children and pregnant mothers. I have over 168 hours of extensive training and expertise with taking care of these populations of people. Since my style of practice focuses specifically on improving the function of the nervous system first, most of my clients experience improvement with their overall bodily function a lot faster than many chiropractors who only offer nonspecific adjusting.
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Contact Applicant
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