The template will take your unique inputs and assumptions to automatically calculate and build your Income Statement (Profit & Loss), Balance Sheet, and Cash Flow statement. Any change you make on the input tabs will automatically be calculated and updated on your financial statements making for easy changes and experimentation. The financial statements are easily exported or printed for lenders.

Financial Statements Included:

• 5 Year Income Statement Annual Summary
• 5 Year Income Statement Monthly Breakdown
• 5 year Cash Flow Statement Annual Summary
• 5 year Cash Flow Statement Monthly Breakdown
• 5 Year Projected Balance Sheet Annual Summary
• 5 Year Projected Balance Sheet Monthly Breakdown

The At-A-Glance tab serves up a comprehensive financial snapshot. Visualize your data with key financial ratios, startup cost estimations, and break-even points. Infographics, charts, and summaries will enhance your presentations, making them compelling for stakeholders, lenders, or investors.

Tables, charts, graphs and dashboards include:

• Clinic profit and loss summary
• Therapy Practice startup cost graph

• Key Orthodontics industry financial ratios ​​
• Cash flow from operations graph
• 5 years of monthly and annual profit and loss, cash flow and balance sheet forecasts

Tailored for Residential Care Facilities, this model generates accurate revenue predictions based on specific operational and income assumptions and automatically builds financial statements.

• Room Type Revenue: Calculate income based on room categories, including Private Rooms, Semi-Private Rooms, and Dormitory Rooms. Adjust for annual rental rate increases and capacity utilization growth.
• Resident Care Services: Include revenue generated from direct care services provided by Certified Nursing Assistants (CNA), Licensed Therapists, Registered Nurses (RN), and Psychiatrists, accounting for total labor hours and associated costs.
• Capacity Planning: Forecast occupancy using metrics such as monthly capacity filled, annual growth rates, and maximum capacity limits to optimize revenue potential.
• Cost Management: Automatically calculate labor and food costs with annual growth adjustments, ensuring accurate projections of operating expenses.
• Financial Statements: All revenue and expense data, including annual increases in rental rates, labor costs, and food costs, are seamlessly integrated into financial statements for consistent and actionable reporting.

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This template comes pre-filled with a comprehensive list of recurring and one-time expenses to help you manage and project costs accurately for your therapy practice. The model separates startup costs, such as advertising and initial equipment purchases, from ongoing operational expenses. All expense data automatically integrates into the financial statements for seamless reporting.

• Advertising Costs: Allocate funds for digital advertising, social media campaigns, local promotions, and referral programs to attract patients.
• Materials Costs per Service: Budget for therapeutic tools, mobility aids, and other supplies needed for therapy sessions.
• Operational Overhead Expenses: Track recurring costs such as rent, utilities, janitorial services, and other general expenses necessary to run the practice.
• Detailed Staffing and Payroll Planning: Budget for salaries, benefits, and training for occupational therapists, therapy assistants, receptionists, and other personnel.
• Equipment and Maintenance Costs: Plan for the purchase and upkeep of therapy equipment, such as treatment tables, exercise units, and other specialized tools.
• Insurance and Licensing: Include necessary insurance costs, such as liability and malpractice insurance, along with business licensing fees.
• Administrative Expenses: Capture software costs, accounting services, and miscellaneous general and administrative expenses to ensure smooth operations.
• Customizable Expense Categories: The model accommodates percentage-based expenses like billing department costs and professional liability insurance, calculated as a percentage of revenue.

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The "General Assumptions" section helps you organize and list essential fixed assets for your Residential Rehab facility. These may include property acquisitions, building improvements, and necessary equipment or furnishings. Specific asset categories include:

• Real Estate (Building): Includes property acquisitions for the facility.
• Building Improvements and Renovations: Covers upgrades or modifications to existing structures.
• Furniture and Furnishings: Includes waiting room furniture, office furnishings, and other interior necessities.
• Medical and Clinical Equipment: Encompasses tools and devices needed for therapy and treatment.
• Kitchen and Dining Equipment: Covers appliances and furniture for dining areas and kitchens.
• Laundry Equipment: Includes washers, dryers, and related items for facility laundry services.
• Recreational and Therapy Facilities: Encompasses items such as therapy tools, gym equipment, or recreational amenities.
• Vehicle: Covers transportation needs for staff, patients, or operations.

Additionally, the spreadsheet allows you to input loans or investments the clinic might secure. It automatically calculates key details, such as interest costs and asset depreciation, ensuring an accurate and balanced financial statement.

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