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Free VC Directory

With any B-Plan Purchase
425 Page Capital Directory
Through Nov. 30

Business Plan Writer
$425 Flat Rate
No Templates Used
7 Day Turnaround

All Purchased Plans
Are Updated for 2020

Business Startup Guides
Checkout our new sister site!

Free Blood Bank Business Plan
For Raising Capital from Investors, Banks, or Grant Companies!

Please note that the financials in this complete free business plan are completely fictitious and may not match the text of the business plan below. This free business plan demonstration purposes only. If you are interested in purchasing the completed editable MS Word and Excel documents for this business plan, please click the button below! Also, the text of the business plan is formatted with a fully automated table of contents.

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It should be noted that there is no special software required to use these templates. All business plans come in Microsoft Word and Microsoft Excel format. Each business plan features:

  • Excecutive Summary
  • Company and Financing Summary
  • Products and Services Overview
  • Strategic Analysis with current research!
  • Marketing Plan
  • Personnel Plan
  • 3 Year Advanced Financial Plan
  • Expanded Financial Plan with Monthly Financials
  • Loan Amortization and ROI Tools
  • FREE PowerPoint Presentation for Banks, Investors, or Grant Companies!

1.0 Executive Summary

The purpose of this business plan is to raise $150,000 for the development of a blood bank and hematology practice while showcasing the expected financials and operations over the next three years. Blood Bank, Inc. (“the Company”) is a New York based corporation that will provide blood banking and hematology focused medical services in a stand alone facility to customers in its targeted market. The Company was founded by Dr. John Doe.

1.1 Products and Services

These services will consist of accepting blood for storage, dispensing blood to local hospitals, diagnostic procedures, management of medications, hospital visits, and consultations that deal with health matters pertaining to blood. The practice will receive reimbursement from private insurance carriers, Medicaid, and Medicare. The third section of the business plan will further describe the services offered by the Blood Bank.

1.2 The Financing

Dr. Doe is seeking to raise $150,000 from as a bank loan. The interest rate and loan agreement are to be further discussed during negotiation. This business plan assumes that the business will receive a 10 year loan with a 9% fixed interest rate. The financing will be used for the following: • Development of the Company’s Blood Bank location. • Financing for the first six months of operation. • Capital to purchase general office equipment. Dr. Doe will contribute $25,000 to the venture.

1.3 Mission Statement

Dr. Doe’s mission is to become the recognized leader in its targeted market for blood banking and hematology medical services.

1.4 Mangement Team

The Company was founded by Mr. John Doe. Mr. Doe has more than 10 years of experience as a physician. Through his expertise, he will be able to bring the operations of the business to profitability within its first year of operations.

1.5 Sales Forecasts

Mr. Doe expects a strong rate of growth at the start of operations. Below are the expected financials over the next three years.

1.6 Expansion Plan

The Founder expects that the business will aggressively expand during the first three years of operation. Mr. Doe intends to implement marketing campaigns that will effectively target hospitals and individuals within the target market.

2.0 Company and Financing Summary

2.1 Registered Name and Corporate Structure

Blood Bank, Inc. The Company is registered as a corporation in the State of New York.

2.2 Required Funds

At this time, the Blood Bank requires $150,000 of debt funds. Below is a breakdown of how these funds will be used:

2.3 Investor Equity

Dr. Doe is not seeking an investment from a third party at this time.

2.4 Management Equity

John Doe owns 100% of the Blood Bank, Inc.

2.5 Exit Strategy

If the business is very successful, Dr. Doe may seek to sell the practice to a third party for a significant earnings multiple. Most likely, the Company will hire a qualified business broker to sell the business on behalf of Blood Bank, Inc. Based on historical numbers, the business could fetch a sales premium of up to 2 to 3 times earnings.

3.0 Products and Services

Below is a description of the medical services offered by the Blood Bank.

3.1 Blood Bank Services

The primary revenue center for the business will be the collection and distribution of varying types of blood directly to individuals (vis-à-vis the practice) as well as in bulk to local hospitals and emergency medical clinics. The business will generate monthly fees from the collection and storage of blood. The Company will offer many of the services that are common within this specialty including treatment of medial issues including blood cancers, anemia, and other issues pertaining to blood disorders. In the future, Dr. Doe will seek to hire additional physicians that will expand the practice organically through increased patient flow. These associate practitioners may eventually acquire the practice from Dr. Doe upon his retirement or relocation. The practice will receive a bulk of its payments from co-pays and reimbursements from insurance companies.



4.0 Strategic and Market Analysis

4.1 Economic Outlook

This section of the analysis will detail the economic climate, the blood banking and medical practitioner industry, the customer profile, and the competition that the business will face as it progresses through its business operations. Currently, the economic market condition in the United States is sluggish. This slowdown in the economy has also greatly impacted real estate sales, which has halted to historical lows. Many economists expect that this sluggish will continue for a significant period of time, at which point the economy will begin a prolonged recovery period. However, blood banks and related businesses operate with great economic stability as people will continue to require health care despite deleterious changes in the general economy.

4.2 Industry Analysis

The blood bank industry has increased substantially over the past 5 years has the demand for blood has increased substantially as more “Baby Boomers” need to undergo substantial procedures. Additionally, with the increased acceleration of stem cell technology, more people are seeking to store their own “cord blood” after giving birth to a child. Within the United States, there are approximately 1,575 blood banks (that operate independently or in-conjunction of a hospital). Annual revenues are $10 billion per year. Within the United States there are approximately 200,000 medical practices (including mental health practices that are operated by psychologists) that comprise of one or more doctors or practitioners that act in a private practice capacity. Each year, these practices generate more than $690 billion dollars of revenue and employ more than 1.8 million people (including the practitioners and physicians). The growth of this industry has remained in lockstep with the growth of the general population. Approximately 5% of these doctors retire each year.

4.3 Customer Profile

Blood Bank’s average client will be a middle class man or woman living in the Company’s target market that has two children. Common traits among clients will include: • Annual household income exceeding $50,000 • Lives or works no more than 15 miles from the Company’s practice location. • Has medical insurance. • Has a blood disorder or is going to undergo surgery.

4.4 Competitive Analysis

This is one of the sections of the business plan that you must write completely on your own. The key to writing a strong competitive analysis is that you do your research on the local competition. Find out who your competitors are by searching online directories and searching in your local Yellow Pages. If there are a number of competitors in the same industry (meaning that it is not feasible to describe each one) then showcase the number of businesses that compete with you, and why your business will provide customers with service/products that are of better quality or less expensive than your competition.

5.0 Marketing Plan

Blood Bank intends to maintain an extensive marketing campaign that will ensure maximum visibility for the business in its targeted market. Below is an overview of the marketing strategies and objectives of the Blood Bank, Inc.

5.1 Marketing Objectives

  • • Establish relationships with doctors and hospitals within the targeted market.

  • • Develop an online presence by developing a website and placing the Company’s name and contact information with online directories.


5.2 Marketing Strategies

Mr. Doe intends on using a number of marketing strategies that will allow the Blood Bank, Inc. to easily target hospitals, doctors, and individuals (who are seeking to store their own blood) within the target market. These strategies include traditional print advertisements and ads placed on search engines on the Internet. Below is a description of how the business intends to market its services to the general public. Blood Bank, Inc. will also use an internet based strategy. This is very important as many people seeking local services, such as blood banking and hematology services, now the Internet to conduct their preliminary searches. Mr. Doe will register the Blood Bank with online portals so that potential customers can easily reach the business. The Company will also develop its own online website. The Company will maintain a sizable amount of print and traditional advertising methods within local markets to promote the blood banking and hematology medical services that the Company is selling.

5.3 Pricing

In this section, describe the pricing of your services and products. You should provide as much information as possible about your pricing as possible in this section. However, if you have hundreds of items, condense your product list categorically. This section of the business plan should not span more than 1 page.

6.0 Organizational Plan and Personnel Summary

6.1 Corporate Organization

6.2 Organizational Budget

6.3 Management Biographies

In this section of the business plan, you should write a two to four paragraph biography about your work experience, your education, and your skill set. For each owner or key employee, you should provide a brief biography in this section.

7.0 Financial Plan

7.1 Underlying Assumptions

  • • Blood Bank, Inc. will have an annual revenue growth rate of 16% per year.

  • • The Owner will acquire $150,000 of debt funds to develop the business.

  • • The loan will have a 10 year term with a 9% interest rate.

7.2 Sensitivity Analysis

In the event of an economic downturn, the Company will not see a major decline in revenues. Blood banking and medical services are in demand regardless of the general economic climate as they are an essential service for health.

7.3 Source of Funds

7.4 General Assumptions

7.5 Profit and Loss Statements 

7.6 Cash Flow Analysis


7.7 Balance Sheet


7.8 General Assumptions

7.9 Business Ratios

Expanded Profit and Loss Statements

Expanded Cash Flow Analysis