Within the next three years, grow Healing Hands, Inc. into a $5 million annual revenue physical therapy equipment manufacturing company that specializes in producing high quality non-prescription othopeadic supplies for retail sale to physicians, chiropractors and physical therapists.
Help health service professionals help their patients reduce or recover from pain more quickly!
First year revenue $1,900,000.
Achieve profit before tax of $40,000 for year ending
12/31/07.
Obtain second round financing of $1.5 million by 5/15/07.
End the year with a customer base of 150 practitioners
Concentrate on products with premium price points and above average margins for resellers.
Build network & professional relationships within medical community.
Outsource manufacture of pillow lines.
Develop professional team for production and operation of business.
Cultivate relationships with potential resellers at trade shows.
Present seminars on pain reduction at 3 major industry conferences.
Develop operating budget and plans for capital needs
for the business by 1/1/07.
Contact 2 potential investors with One Page Business
Plan by 2/1/07.
Purchase display booth for trade shows by 2/10/07.
Display products at 4 major trade shows, resulting
in $500,000 in new revenue in 2007
Have production staff of 9 hired by 3/1/07.
Have total of 4 product manufacturing lines in operation
by 4/1/07.
Provide samples to opinion leaders in the industry throughout the year.