VetClinic-FeasibilityReport-ENG

Mana International Limited
1/F, 58 San Wai, San Wai Tsuen, Pui O, Lantau Island, Hong Kong
tel./ph. +852 98434175 ● email: info@manainternational.org ● www.manainternational.org
C.I. 1353425 ● B.R 50897932
Paolo Gemma
Cod.Fisc. GMMPLA69A11F952W ● P.IVA 02953630981
25057 Sale Marasino (BS) Italy ● Via Provinciale, 19 ● tel./ph. +39 030 9824471 ● fax +39 030 9824471
e-mail: info@paologemma.com ● web site: www.paologemma.com
FEASIBILITY PLAN
File “VetClinic-FeasibilityReport.docx” dated 25/04/2016

Prepared on 25/04/2016 2 of 15
INDEX OF CONTENTS
1. EXECUTIVE SUMMARY 3
1.1. THE PROJECT, THE GOAL 4
1.2. THE ACTIVITIES, THE ORGANIZATION 4
1.3. THE FINANCING LEVERAGE, THE STARTUP CASH FLOW REQUIREMENT 6
2. CASH FLOW REQUIREMENT 7
3. GENERAL OUTLOOK 8
3.1. 1st Year 8
3.2. 2nd Year 8
4. BREAKDOWN 9
4.1. STARTUP INVESTMENTS 9
4.2. COSTS 10
4.2.1. 1st Year 10
4.2.2. 2nd Year 11
4.3. INCOME 12
4.3.1. 1st Year 12
4.3.1. 2nd Year 13
5. BUDGET 14
5.1. DRAFT PRINCIPLES 14
5.2. BUDGET – SUMMARY SHEET 14
5.3. BUDGET – DETAILED SHEET 14

1. EXECUTIVE SUMMARY
We all shared a dream that became a project

1.1.THE PROJECT, THE GOAL
The project consists in building and running an animal veterinary clinic in North Goa,
India, in the surrounding of Arambol village.
The goal is to improve and stabilize the condition of stray animal population in North
Goa through healing, vaccinations and neutering activities.
As in the entire India, stray animal population is huge and living conditions are
terrible, causing diseases and starvation. Rabies is common and widespread too.
The nearest available veterinary facility is too far (almost one hour drive) and
overloaded to satisfy the necessities of such area.
1.2.THE ACTIVITIES, THE ORGANIZATION
The Clinic will be managed in strict cooperation with I Love Goa Dogs Trust, a local
non profit non governmental animal protection organization dedicated to the welfare
of stray animals, through fostering, homing, vaccination, neutering and feeding
programs and its affiliates.
The Clinic will provide free first aid emergency and general practice for stray and wild
animals and animals sheltered by I Love Goa Dogs and by any other local non profit
animal protection organizations in need.
By growing, the Clinic aims to invest in special equipment such as x-ray and cat
machines and basic analysis tools.
The Clinic will be accessible on a fee basis also by private animal owners. Being a non
profit organization, fees will be applied on favourable basis and will contribute to the
financing leverage.
Besides pets, stray and wild animals, the Clinic will provide medical treatment to any
other domesticated animals, such as cattle.

For the first year of activity, the staff will be composed of 8 employees:
- No. 1 Vet
- No. 1 Vet Assistant
- No. 2 Catchers
- No. 2 Janitorial Workers
- No. 1 Accounting Employee
- No. 1 Manager
During the second year of activity, 2 more people will be employed, for a total of 10
employees:
- No. 1 Vet
- No. 2 Vet Assistant
- No. 2 Catchers
- No. 3 Janitorial Workers
- No. 1 Accounting Employee
- No. 1 Manager
The Clinic will welcome voluntary aids for the daily ordinary caring activities towards
its guests, the animals.
The Clinic will proactively encourage any kind of veterinary knowledge and
experience exchange program, hosting professional vets who want to donate time
and knowledge at its premises.
The Clinic
Volunteers
Professional
Vets Guests

1.3.THE FINANCING LEVERAGE, THE STARTUP CASH FLOW REQUIREMENT
Financing leverage will be composed by:
- Donations and memberships (67% of the total leverage for the first year; 55%
of the total leverage for the second year)
- Self Generated Operational Revenue related to the Clinic Practice (33% of the
total leverage for the first year; 45% of the total leverage for the second year)
Membership program will consist in an annual membership fee of INR 1,200 that will
grant the member’s pet a full treatment of any kind of disease or injury for one full
year without charging any kind of fee, as well as free vaccinations which will be
executed under the supervision of the Clinic’s vet.
The
Clinic
Donors
Members
Practice
Revenue
Neutering
Vaccinating
General
Practice
First Aid
Emergency

2. CASH FLOW REQUIREMENT
Total initial cash flow requirement has been estimated in INR 2.2 million (USD 34
thousand, EUR 29 thousand).
Such cash injection will cover 71% of the total organization costs for the first year plus
the start-up investments for the structures and the equipment.
Leftover 29% of the total organization costs will be covered by self generated income
from the clinic activities.
The Clinic will be therefore covered by any lack of other self-generated cash for 8 full
months of costs.
Startup Cash Flow Required 2,220,000₹ 71% 29,211€ 33,636$
0%
10%
20%
30%
40%
50%
60%
70%
80%
90%
100%
Month 1 Month 2 Month 3 Month 4 Month 5 Month 6 Month 7 Month 8 Month 9 Month 10Month 11Month 12
Self Defense Ratio on Startup Leverage
Startup Cashflow Cash Flow Not Covered by Startup Leverage

3. GENERAL OUTLOOK
All figures in this plan are expressed in Indian Rupees (INR) unless differently stated.
A two-years budget has been estimated.
3.1.1st Year
Total Organization Costs 2,838,800₹ 37,353€ 43,012$
Variable/Operational Costs 942,000₹ 33% 12,395€ 14,273$
Fixed Structure Costs 1,896,800₹ 67% 24,958€ 28,739$
Startup Investment Costs 300,000₹ 3,947€ 4,545$
Total Funding 2,897,000₹ 38,118€ 43,894$
Self Generated Operational Cash Flow 957,000₹ 34% 12,592€ 14,500$
Donations 1,560,000₹ 55% 20,526€ 23,636$
Membership Fees 360,000₹ 13% 4,737€ 5,455$
Balance 58,200₹
3.2.2nd Year
Total Organization Costs 4,100,800₹ 53,958€ 62,133.33$
Variable/Operational Costs 1,896,000₹ 46% 24,947€ 28,727.27$
Fixed Structure Costs 2,204,800₹ 54% 29,011€ 33,406.06$
Total Funding 4,210,000₹ 55,395€ 63,787.88$
Self Generated Operational Cash Flow 1,890,000₹ 46% 24,868€ 28,636.36$
Donations 1,800,000₹ 44% 23,684€ 27,272.73$
Membership Fees 480,000₹ 12% 6,316€ 7,272.73$
Balance 109,200₹

4. BREAKDOWN
4.1.STARTUP INVESTMENTS
Startup Investments are composed by:
a. Medical Tools & Equipments
o N.2 Autoclave
o N.2 Surgery set
o N.2 Penlights
o N.2 Stethoscopes
o N.1 Doppler
o N.3 Thermometers
o N.2 Ophthalmoscopes
o N.2 Otoscopes
o N.2 Binocular Loupes
o N.1 Microscope
o N.2 Scales
b. Medical Light Structures and Furnitures
o N.4 Stools
o N.2 Exam tables
o N.1 Surgery table
o N.4 Cabinets
o N.2 Carts
o N.1 Fridge
c. Electronic Machines
o Personal Computer
o Printer
d. Building and Light Structures
Total cost has been estimated in INR 300 thousand (USD 4.5 thousand, EUR 4
thousand).

Prepared on 25/04/2016 10 of 15
4.2.COSTS
4.2.1. 1st Year
The estimated yearly costs for running the Clinic are equal to 2.8 million INR (USD
43 thousand, EUR 37 thousand), with a monthly average of 236 thousand INR (USD
3.6 thousand, EUR 3.1 thousand). In details:
- Fixed costs are composed by wages, rent and utilities; they’re estimated yearly
in INR 1.8 million (USD 28 thousand, EUR 24 thousand), with a monthly average
of 152 thousand INR (USD 2.3 thousand, EUR 2 thousand);
- Variable costs are composed by drugs & medicines, medical supplies and food
for the animals; they’re estimated yearly in INR 942 thousand (USD 14
thousand, EUR 12 thousand), with a monthly average of INR 78.5 thousand
(USD 1.2 thousand, EUR 1 thousand).
Practising Costs
Wages
no. unit cost total cost total
Medical Supplies Consumption 894,000₹
Drugs & Medicines months 12 5,000₹ 60,000₹
Medical Supplies & Disposables months 12 2,000₹ 24,000₹
Vaccination Kits monthly no. 50 1,350₹ 810,000₹
Welfare Supplies Consumption 48,000₹
Purchases - Food guests no. 20 200₹ 48,000₹
Total Costs 942,000₹
Monthly Average 78,500₹
no. monthly wage total wage total
Medical Staff 720,000₹
Vet 1 30,000₹ 360,000₹
Vet Assistant 1 10,000₹ 120,000₹
Catcher 2 10,000₹ 240,000₹
Generic Staff 180,000₹
Janitorial Staff 2 7,500₹ 180,000₹
Administration Staff 480,000₹
Manager 1 30,000₹ 360,000₹
Accounting Staff 1 10,000₹ 120,000₹
Total Wages 1,380,000₹

Prepared on 25/04/2016 11 of 15
4.2.2. 2nd Year
The estimated yearly costs for running the Clinic are equal to 4.1 million INR (USD
62 thousand, EUR 54 thousand), with a monthly average of 341 thousand INR (USD
5.2 thousand, EUR 4.5 thousand). In details:
- Fixed costs are composed by wages, rent and utilities; they’re estimated yearly
in INR 2.2 million (USD 33 thousand, EUR 29 thousand), with a monthly average
of 183 thousand INR (USD 2.8 thousand, EUR 2.4 thousand);
- Variable costs are composed by drugs & medicines, medical supplies, pet
accessories for sale and food for the animals; they’re estimated yearly in INR
1.9 million (USD 29 thousand, EUR 25 thousand), with a monthly average of INR
158 thousand (USD 2.4 thousand, EUR 2.1 thousand).
Practising Costs
Wages
no. unit cost total cost total
Medical Supplies Consumption 1,752,000₹
Drugs & Medicines months 12 8,000₹ 96,000₹
Medical Supplies & Disposables months 12 3,000₹ 36,000₹
Vaccination Kits monthly no. 100 1,350₹ 1,620,000₹
Welfare Supplies Consumption 72,000₹
Purchases - Food guests no. 30 200₹ 72,000₹
Total Costs 1,824,000₹
no. monthly wage total wage total
Medical Staff 840,000₹
Vet 1 30,000₹ 360,000₹
Vet Assistant 2 10,000₹ 240,000₹
Catcher 2 10,000₹ 240,000₹
Generic Staff 270,000₹
Janitorial Staff 3 7,500₹ 270,000₹
Administration Staff 480,000₹
Manager 1 30,000₹ 360,000₹
Accounting Staff 1 10,000₹ 120,000₹
Total Wages 1,590,000₹

Prepared on 25/04/2016 12 of 15
4.3.INCOME
4.3.1. 1st Year
Total estimated revenue is INR 2.9 million (USD 44 thousand, EUR 38 thousand):
- INR 957 thousand (USD 15 thousand, EUR 13 thousand) by the general
practice activities towards private owners as follow
o Surgery INR 240 thousand (USD 3.6 thousand, EUR 3.2 thousand)
o General Medical Practice INR 240 thousand (USD 3.6 thousand, EUR 3.2
thousand)
o Drugs & Medicine INR 477 thousand (USD 7.2 thousand, EUR 6.4
thousand)
o Laboratory Tests/Analysis INR 20 thousand (USD 303, EUR 260)
- INR 1.9 million (USD 29 thousand, EUR 25 thousand) by the fund raising
activities as follow
o Donations INR 1.6 million (USD 23.6 thousand, EUR 20.5 thousand)
o Membership Fees INR 360 thousand (USD 5.5 thousand, EUR 4.7
thousand)
1st Year
Tariff /
Amount Qty Total
Income - Surgery 1,000 240 240,000
Income - General Medical Practice 500 480 240,000
Income - Drugs 39,750 12 477,000
Income - Laboratory Tests/Analysis 20,000 1 20,000
Income - Pet Accessories - - -
Income - Memberships 1,200 300 360,000
Income - Donors 130,000 12 1,560,000
Income - Others - - -
TOTAL 2,897,000

Prepared on 25/04/2016 13 of 15
4.3.1. 2nd Year
Total estimated revenue is INR 4.2 million (USD 64 thousand, EUR 55 thousand):
- INR 1.9 million (USD 29 thousand, EUR 25 thousand) by the general practice
activities towards private owners as follow
o Surgery INR 480 thousand (USD 7.3 thousand, EUR 6.3 thousand)
o General Medical Practice INR 360 thousand (USD 5.5 thousand, EUR 4.7
thousand)
o Drugs & Medicine INR 930 thousand (USD 14.1 thousand, EUR 12.2
thousand)
o Laboratory Tests/Analysis INR 40 thousand (USD 606, EUR 526)
o Pet Accessories INR 120 thousand (USD 1.8 thousand, EUR 1.6 thousand)
- INR 2.3 million (USD 35 thousand, EUR 30 thousand) by the fund raising
activities as follow
o Donations INR 1.8 million (USD 18 thousand, EUR 16 thousand)
o Membership Fees INR 480 thousand (USD 9 thousand, EUR 8 thousand)
2nd Year
Tariff /
Amount Qty Total
Income - Surgery 1,000 480 480,000
Income - General Medical Practice 500 720 360,000
Income - Drugs 77,500 12 930,000
Income - Laboratory Tests/Analysis 40,000 1 40,000
Income - Pet Accessories 10,000 12 120,000
Income - Memberships 1,200 400 480,000
Income - Donors 150,000 12 1,800,000
Income - Others - - -
TOTAL 4,210,000

Prepared on 25/04/2016 14 of 15
5. BUDGET
5.1.DRAFT PRINCIPLES
Budget has been drafted on a two-years basis.
Revenues and costs have been estimated in the following way:
Revenue: based on the potentiality of the area.
Costs: based on quotations, bench marking, local labour standards, etc.
Any kind of estimation has been done on prudential basis.
All figures are expressed in INR currency.
5.2.BUDGET – SUMMARY SHEET
All figures are expressed in INR currency
1st Year 2nd Year
REVENUE 2,897,000 100% 4,210,000 100%
Direct Practising Costs 942,000 33% 1,896,000 45%
VALUE ADDED 1,955,000 67% 2,314,000 55%
Direct Service Costs 1,000,800 35% 1,308,800 31%
COST OF SALES 1,942,800 67% 3,204,800 76%
GROSS MARGIN 954,200 33% 1,005,200 24%
Administrative expenses 486,000 17% 486,000 12%
General expenses 350,000 12% 350,000 8%
Financial income/expenses 0 0% 0 0%
Extraordinary income/expenses 0 0% 0 0%
CASH FLOW 118,200 4% 169,200 4%
Depreciation & Amortization 60,000 2% 60,000 1%
INCOME/LOSS BEFORE TAXES 58,200 2% 109,200 3%
Income taxes 0 0% 0 0%
NET INCOME/LOSS 58,200 2% 109,200 3%
5.3.BUDGET – DETAILED SHEET

Prepared on 25/04/2016 15 of 15
INCOME STATEMENT
A1 Income - Surgery 240,000.00 8.28% 480,000.00 11.40%
A2 Income - General Medical Practice 240,000.00 8.28% 360,000.00 8.55%
A3 Income - Drugs 477,000.00 16.47% 930,000.00 22.09%
A4 Income - Pet Accessories 0.00 0.00% 120,000.00 2.85%
A5 Income - Laboratory Tests/Analysis 20,000.00 0.69% 40,000.00 0.95%
A6 Income - Memberships 360,000.00 12.43% 480,000.00 11.40%
A7 Income - Donors 1,560,000.00 53.85% 1,800,000.00 42.76%
A8 Income - Others 0.00 0.00% 0.00 0.00%
REVENUE 2,897,000.00 100.00% 4,210,000.00 100.00%
C2 Pet Accessories Beginning Inventory 0.00 0.00% 0.00 0.00%
C3 Drugs & Medicine Beginning Inventory 0.00 0.00% 0.00 0.00%
C4 Purchases - Drugs & Medicine 870,000.00 30.03% 1,716,000.00 40.76%
C5 Purchases - Pet Accessories 0.00 0.00% 72,000.00 1.71%
C6 Pet Accessories Ending Inventory 0.00 0.00% 0.00 0.00%
C7 Drugs & Medicine Ending Inventory 0.00 0.00% 0.00 0.00%
C8 Purchases - Medical Supplies 24,000.00 0.83% 36,000.00 0.86%
C9 Purchases - Food 48,000.00 1.66% 72,000.00 1.71%
Direct Practising Costs 942,000.00 32.52% 1,896,000.00 45.04%
VALUE ADDED 1,955,000.00 67.48% 2,314,000.00 54.96%
D1 Wage - Medical Staff 360,000.00 12.43% 360,000.00 8.55%
D4 Wage - Medical Assistance Staff 120,000.00 4.14% 240,000.00 5.70%
D5 Wage - Catcher Staff 240,000.00 8.28% 240,000.00 5.70%
D6 Wage - Janitorial Staff 180,000.00 6.21% 270,000.00 6.41%
D10 Vehicles - Fuel & Lubricant 48,000.00 1.66% 96,000.00 2.28%
D11 Gas - Power - Water 22,800.00 0.79% 22,800.00 0.54%
D12 Laboratory tests/analyses 30,000.00 1.04% 60,000.00 1.43%
D13 Maintenance & repairing 0.00 0.00% 20,000.00 0.48%
Direct Service Costs 1,000,800.00 34.55% 1,308,800.00 31.09%
COST OF SALES 1,942,800.00 67.06% 3,204,800.00 76.12%
GROSS MARGIN 954,200.00 32.94% 1,005,200.00 23.88%
E1 Wage - Administration & Accounting 480,000.00 16.57% 480,000.00 11.40%
E9 Postal & phone costs 6,000.00 0.21% 6,000.00 0.14%
Administrative expenses 486,000.00 16.78% 486,000.00 11.54%
G1 Building rents 350,000.00 12.08% 350,000.00 8.31%
General expenses 350,000.00 12.08% 350,000.00 8.31%
H1 Financial income 0.00 0.00% 0.00 0.00%
H3 Financial expenses 0.00 0.00% 0.00 0.00%
Financial income/expenses 0.00 0.00% 0.00 0.00%
CASH FLOW 118,200.00 4.08% 169,200.00 4.02%
M1 Depreciation on G&A Assets 60,000.00 2.07% 60,000.00 1.43%
Depreciation & Amortization 60,000.00 2.07% 60,000.00 1.43%
INCOME/LOSS BEFORE TAXES 58,200.00 2.01% 109,200.00 2.59%
O1 Income taxes 0.00 0.00% 0.00 0.00%
P1 NET INCOME/LOSS 58,200.00 2.01% 109,200.00 2.59%
1st Year 2nd Year

VetClinic-FeasibilityReport-ENG

Recommended

Recommended

More Related Content

Viewers also liked

Viewers also liked (10)

Similar to VetClinic-FeasibilityReport-ENG

Similar to VetClinic-FeasibilityReport-ENG (20)

VetClinic-FeasibilityReport-ENG