Business plan template for daycare center
And ever since the emergence of this trade, we have come to see more and more people who have a penchant for kids, dive into the industry just to tap into the profits that the day care business offers.
Child care business plan sample free pdf
Location and rental agreements Pay special attention to the obvious: What is the square-foot-per-child requirement in your town, city, and state, and what is the price-per-square-foot of the daycare center you plan to lease? Our Target Market When it comes to the day care business, of course our target market is the guardians and parents. For computer maintenance and troubleshooting, we employ a mobile third-party service provider. While the largest facilities can host between children, the locally run centers typically have a maximum capacity of 20 children. We do not want to be found wanting in any area, that is why we are sure to invest a lot in training our employees at all times. Quality care. He has been instrumental in creating a robust set of safety policies and procedures for both the inside facility as well as the playground and he will monitor and test our emergency procedures at least twice a year. In our previous article, Picking the Right Child Care Structure, we outlined the general things to think about when picking the type of child care center you want to run. Writing a business plan is being made easy in this read, compared to what you may have heard about business plans. It is smart to overlap your findings with primary research. The larger style is commercially run, typically a corporate franchise center. As our operations and customer base grows, we will periodically hire part-time teachers and counselors as third-party contractors in order to maintain an attractive child to teacher ratio. Economically, there are major employers in the area — IBM, Lockheed Martin and Medimmune — that provide financial stability to thousands of families while providing the need for daily out-of-home child care.
In the instance of child care, it is actually the child care service. Child Care Aware has created one which you can find here. What criteria will you use in hiring staff?
Given its population of 65, residents and about 15, families, there is already one day care center for every families. You may consider billboards, flyers, business cards, open houses, a referral program, or even social media advertising.
Include information about the needs of your target market and how its day care needs are currently being addressed.
Consider agreeing to a longer lease in return for a few months free or a landlord investment in build-outs.
The funds will primarily be used for: Lease deposit and facilities improvement; Furniture and fixtures, including playground equipment and fence; Computers and cameras; We do not anticipate producing any meaningful operating losses.
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