Do you want to start a medical diagnostic center from scratch? Or you need a sample diagnostic center business plan template? If YES, then i advice you read on.

As a laboratory scientist or even a medical professional who wants to own a business of his or her own, you can look towards starting your own medical and diagnostic centre. Starting a medical and diagnostic center can be considered to be a capital intensive business, because you will be required to purchase standard equipments required for you to carry out your jobs and these equipments / machines can be very expensive. No doubt this type of business is a profitable venture because people will always have one reason or the other why they would need your service.

Medical and diagnostic centers are considered to be a major support to hospitals all over the world. As a matter of fact, a good numbers of hospitals do not have their own lab where patients can carry out their prescribed test; they are expected to make use of medical and diagnostic centers around the hospital premises. They services medical and diagnostic centers render ranges from scan to various medical test et al.

It is important to point that beyond the fact that one has the license to practice as a laboratory scientist, you would still need a good business skill to be able to make it really big in the industry. You should be able to network with doctors and hospital management teams to be able to secure referrals from them on a regular basis.

If you know you can’t do that, then you should be willing to pay a professional marketer cum business development manager to help you handle that aspect of your business while you take care of your core operations.

Here are some of the reliable tips that will help you successfully setup your own medical and diagnostic center from the scratch and then build the business to profitability within the shortest time frame;

Starting a Medical Diagnostic Center – Sample Business Plan Template

1. Conduct Your Feasibility Studies

Going the medical line in business can be a tasking one. Therefore, you have to help alleviate some of the difficulty that you may likely face by being in tune with all the information. This is where conducting a thorough and exhaustive research comes in.

You would need to learn a whole lot about the industry, the amount of startup funds that is needed to start a medical and diagnostics business, the type of location that is needed, the amount of employees that you need to start, the type of partnership that you may need, and all what not.

2. Obtain the Required Qualifications and License

You can’t run a medical and diagnostic business without a qualification license. It is imperative that you get the needful education. This means that if you aren’t already in the medical line, you may have to go back to school to garner this knowledge.

If on the other hand you do not have the wherewithal to get the certification, then you may consider having a medical person as part of your board members. This is so that the input of one who has an experience can rub off on the decision processes.

3. Draft a Business Plan

Business plans are known to be templates that help businesses to be run properly. One of the very important things that experts advices budding entrepreneurs, is that they should get a business blue print that they can follow. If you already have a business background, then you may be able to write your diagnostics center business plan yourself.

However, if you do not have inkling about how this works, then you may need to employ the services of a professional to help you fix in the necessary information. Conversely, if you do want to tweak things yourself, then you can get a template that you can follow from the internet.

4. Raise Your Startup Capital

Running this type of business isn’t a child’s play- this is especially if it would be a standard one. So, you have got to put plans in place to raise your startup. If you have the money to pump into it all by yourself, then that is fine. On the other hand, if you do not then you may consider getting a loan from any of the banks or microfinance banks in your country. Also, there may be some family and friends that may be all out to help you. You may also attract some angel investors when you have a good business plan.

5. Register Your Business

You cannot start a medical and diagnostics center if you do not have an incorporated business. As a matter of fact when you open an unregistered business, then you may be clamped down on by the appropriate governing bodies in your country. Then corporate affairs or the chamber of commerce office is one of the best places to have this done. You would be given various forms to complete. Do ensure that you fill in the right details.

6. Lease a Facility in a Nice Location and Acquire the Required Equipment/ Machines

After you might have adhered to these steps above and have achieved some success rate, then you will need to get a facility that would house your medical and diagnostic center. Do ensure that you get a space big enough to accommodate the administrative office, the labs, reception, and others.

You will also need to locate your business in place that would be visible to all. After that has been achieved, then you may want to look at purchasing your equipment. This includes; the diagnosis machines, the scales, the dialysis machines, amongst many others. You would also need the furniture and fittings.

7. Market Your Business

This is the most important step you have to take. Without people knowing what you do, then you may not make profit. This is why you have to take marketing really seriously. Print fliers and brochures stating all that you do, as well as the types of unique machines you have. The radio or the television is also a good way to let words out about what you do. You will also need to start a website too.

If you are able to put all these measures in place, then you would be on your way to building your medical and diagnostic center. However, you have to always be on your toes being in touch with the; latest trends in the industry as well as others.