Financial Plan of Bliss park health care center

          Blisspark health care center will provide health care services in the Southwest regions of United States. The main services offered by Blisspark are outpatient care, physical and speech therapy among other online health services. In total budget of 5 million, new health care center will starts its operations and earn profit of 989469 in year 1 and 1203668 in year 2. Moreover, managing workforce company will pay total salaries and wages as 1208620 in year 1 and 1228620 in year 2.  

Financial Budget of Blisspark health care center

         Company has set out budget of 5 million for the establishment of new health care center in the selected geographical region. Budget will cover all major and miscellaneous expenses related to the new health care center including purchase of building, equipment, hiring staff, and purchasing inventory of medicine. According to an estimation, health care center will generate additional profit of 4 million on annual basis.   

Hiring and Retaining Plan of Blisspark health care center

          The following table presents the hiring and retaining plan for all employees working in new health care center during year 1 and year 2 (Tulsian, 2002).

Projected Income Statement of Blisspark health care center

        The following projected income statement shows sales, expenditure, cost of operations, and taxes related information regarding first 2 year performance (Loughran, 2011). 

Projected Balance Sheet of Blisspark health care center

         Projected Balance sheet includes information about current asset including inventory, cash, and other assets, fixed assets, and liabilities of health care center in 2 year performance (SAUNDERS, 2011). Balance sheet shows that health care will keep optimal level of medicine inventory in order to prevent additional costs of inventory handling and avoiding inventory loss.

References of Blisspark health care center

Loughran, M. (2011). Financial Accounting For Dummies. John Wiley & Sons. Retrieved 2019

SAUNDERS. (2011). Financial Institutions management. Tata McGraw-Hill Education.

Tulsian, P. C. (2002). Financial Accounting. Pearson Education India. Retrieved 2019