-PLEASE INCLUDE CITATIONS ON YOUR ANSWERS AND REFERENCES

You've been tasked with opening a local clinic and creating a business strategy for its management. You don't know if or when your business will become profitable. Create your own cost estimates (and categories as necessary) using Exhibit 5.3 on page 166 as a guide, and then fill out the following in an Excel spreadsheet.

1. Identify projected fixed costs for each category
2. Identify projected variable costs for each category
3. Identify total costs
4. Using estimated cost per visit and revenue per visit, project your breakeven point.
5. Describe the merits of the project. Do the numbers make sense?

• summarize your findings
• provide your assumptions regarding the type of care provided
• explain your overall rationale