Requesting Bank Loan to Establish a Veterinary Clinic

Published: 2021-07-06 06:22:00
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The InstructorEnglishDate: 3rd July 2017Requesting Bank Loan to Establish a Veterinary ClinicThe formal report will describe the details about the Vet’s clinic to the bank on the mission, vision, type of the business, services, target customers, need its servers and the total cost. The purpose of the report will be to give the bank reason to lend money. That is why a comprehensive business plan will be developed that will paint the correct picture and will be a proof to back up the business with the help of money lend by the bank. The report will focus on all the aspects of a new Veterinary clinic’s plan of activities to be presented to the bank along with the bank loan request letter. The clinic is expected to attract a large target market because of differentiated services and the pay-back period also expects to be the shortest. The audience of the report will be the investors/ vets clinic owners and bank.The project is about requesting the loan from the bank for establishing a Veterinary clinic in the Richmond. The name of the clinic will be “The Cure, ” and it will provide a broad range of medical services to the pet owners of the city. The majority of the Richmond residents have multiple pets, and there is currently just three vet’s clinic that are serving the residents. These clinics are on half an hour drive from the residential area, and there is a need for a vet’s clinic that is easily accessible to all the people. The clinic will adopt the individualized approach to take care of the pets and will use state of the art technology and techniques to treat the pets (Weese, Armstrong 631). The clinic will also publish Animal Healthcare Magazine on regularly basis to provide the owners with the latest health-related information needed to take the best care of their pets. A detailed plan of the clinic will be presented with the bank letter. I believe that the prevention that is equal to an ounce is worth equal to the pound of cure. It is mandatory to give the pets preventive services that include vaccinations, nutrition’s, wellness and healthcare education.Qualifications:I want to establish a Vets Clinic because it is related to my field as I am obtaining my degree in the Vet Tech. I have also been working with a Veterinarian named Sage Surface as an intern. I am gaining practical experience with the degree so that I would better be able to serve the community by developing the best vet’s clinic out of my knowledge. I would provide all the facilities that other vets lack or have not yet incorporated in their clinics to serve the pets in the best way. This might include using the modern equipment and innovative technology for check-ups and treatments. This field is my passion as I love animals and want to serve them by providing healthcare facilities. I want to start a new clinic that would be improved, innovative and will use best facilities to help the patients.III-Work PlanTask breakdownTime ScheduleCollection of Information through the internet, clinics visits, literature and interviews15th July 2017Breaking down information into various categories on the headings20th July 2017Developing estimated budget schedule for the project including printing, traveling and telephone expenses22 July 2017Generating charts and graphics to present the information25th July 2017Developing a business plan to present as the support document and as an evidence of the work30th July 2017Writing a bank loan request letter01st Aug 2017Formatting the plan and letter03rd Aug 2017Developing list of bibliography with accurate format5th Aug 2017Proofreading and editing the entire project7th Aug 2017.Final Reading8th Aug 2017Binding8th Aug 2017IV-Cost:The total cost that will be requested from the bank as the loan for the clinic will be $ 300,000. The start-up cost of the Veterinary clinic will include the cost of the medical, lab and surgical equipment along with the other expenses. What the cost breakdown is given as follows:Start-Up ExpensesLegal$5,000Stationery$2,000Medical Equipment$100,000Lab Equipment$75,000Surgical Equipment$55,000Furniture and Fixtures$10,000Insurance$15,000Rent$3,000Kennel Equipment$13,000Utilities$4,000Personnel’s Cost before Opening$5,000Advertising/Promotions$3,000Pay Roll$10,000Total Cost$300,000V- Conclusion:My proposal for the formal project that is requesting bank loan for opening a Veterinary Clinic is about giving the bank enough reason to lend me the loan for the clinic that will provide the differentiated services to the patient pets. The project will be based on the actual information gathered from the institutions that I have worked with and other related sources. The project will not only be beneficial for me but also for the bank, community and other stakeholders (Roberts, Felicia 444). The formal report will be based on a business plan and a request letter to bank to advance me the loan for this venture.ReferencesRoberts, Felicia. “Speaking to and for animals in a veterinary clinic: A practice for managing interpersonal interaction.” Research on Language and Social Interaction 37.4 (2004): 421-446.Weese, J. S., A. S. Peregrine, and J. Armstrong. “Occupational health and safety in small animal veterinary practice: Part I—Nonparasitic zoonotic diseases.” The Canadian veterinary journal 43.8 (2002): 631.

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