Finances Done Right!
Every business needs financial organization and we provide it through our detailed annual reports. When starting out, the pre-construction phase of a project is crucial, because this sets the course for a successful project. It includes business and financial assessments, in which Capital Healthcare Consultants learn about your goals, vision, financial realities and current and future facility needs. We are here to help you achieve your goals within your budget and time constraints. We have the expertise to help with all your financial needs, whether it be with budgeting or cash flow analysis, we are there to help. With our financial analysis of your practice, we can determine if the practice is active and healthy. We examine financial records for at least the past 3 years and then project realistic revenue and expenses for the next 2 years based on those records.
As for securing project financing, this can seem like a daunting task, but we show you how to get financing and introduce the best funding sources for projects large and small. Whether you’re new to finance or just need guidance on construction-specific financing our proven financing strategies are incomparable. Our expertise in the financial arena for new practice start-ups is unparalleled:
· Understanding of construction loans, permanent loans and project costs;
· Specific steps you can take to secure favorable financing;
· Conditions for project stabilization, risk reduction and getting the right loan;
· Traditional and non-traditional types of financing available and their advantages and disadvantages; (Public sources of financing, Private financing sources, SBA Loans, State-by-state opportunities).
We believe this category is by far the most important when acquiring or starting a new practice as well as a continuing practice. Business financial planning, selecting a business entity that will be the most conducive to your overall business objective. Business entity selection would include:
. Sole Proprietorship
. Limited Liability Company
. S-Corp
. C-Corp
. Non-profit organization
. Healthcare Credentialing
. Application Preparation
. Financial Advisors
. Construction Planning and Expansion
. Incorporation Services
. Technology Consulting
In operating a practice, a good understanding of cash flows, break even analysis, operating profits and budgeting must be obtained. Through our firms proven methods of personal and business financial planning techniques, we help establish a firm basis in which to grow your practice.
