How to write a business plan for a day care

Share on Facebook Fifty-seven percent of 4-year-olds in the United States receive center-based care, according to an Institute of Education Sciences report issued in This represents a solid and growing market for child care centers.

How to write a business plan for a day care

Laser printer Preparation Write a few paragraphs outlining your vision for the day care center. Include characteristics that will distinguish your childcare center from other centers, how large the center will be, how many children you will take and what types of facilities you envision.

Acquaint yourself with state and local government regulations concerning childcare. For example, you will be required to serve at least one hot meal per day and meet a minimum child to staffer ratio.

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Sharpen your understanding of the market. Research other daycare centers in your area to find out what they charge. Find a good location, like a vacant store in a strip mall, a small house, or a church basement. Determine the size and socioeconomic status of your target market. Include what types of insurance policies you will take out and how you will manage the accounting.

Childcare is a heavily regulated business; in this section, list your local regulations and zoning requirements and how your business will conform to these standards. Detail your management policies in the Management section. List the qualifications of your staff and their wages.

List a sample schedule of activities and the supplies you will need to keep the children happy and busy. For example, specify whether you are planning to hire an on-site nurse, education specialists, or accountants.

How to Write a Business Plan for Starting a Day Care Center | feelthefish.com

Describe your marketing strategy in the next section. Explain how you will appeal to the target market, how much you will charge and where your facility will be located.

Detail your ideas for promoting your business: Parents may feel guilty about leaving their children somewhere else every day. Make sure you explain how your marketing strategy will put parents at ease and assure them that their children will be nurtured and entertained.

Provide a reasonable estimate of your start-up costs and revenue projections.

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Estimate how long will it take you to break even. Figure out your daily rate per child and if you will offer discounted weekly, monthly or yearly plans. Show how much you plan to spend per child in terms of staff salaries, food and activities. Create graphs and charts to provide visual appeal and to make cost and revenue projections clear to potential investors.

Write your Business Introduction. You can recycle your original paragraphs that outlined your vision for the center into the Business Introduction.

Detail your mission statement, the target market, competitors and trends in the industry. Write the Executive Summary last.

how to write a business plan for a day care

This is a two-page document summarizing the essential information in your business plan. The executive summary must be sharp and convincing in order to persuade investors to read your whole plan.

Be sure to explain what makes your childcare center unique and worthy of investment, be it a commitment to education, a focus on arts and creativity or a home-like environment. Print your business plan in the following order: Attach any supporting documents e. Include a title page and a table of contents.How to Write A Daycare Business Plan If you're planning on opening a daycare, the first thing you'll need is a daycare business plan.

Whether you’re a childcare professional with a vision or a parent who sees a need, you’ve got your work cut out for you. feelthefish.com allows expert authors in hundreds of niche fields to get massive levels of exposure in exchange for the submission of their quality original articles.

The Online Writing Lab (OWL) at Purdue University houses writing resources and instructional material, and we provide these as a free service of the Writing Lab at Purdue.

These sample business plans for day care centers will help you write a business plan for your business. These, and hundreds more sample business plans, are included in LivePlan.

how to write a business plan for a day care

It's the fastest way to create a business plan for your business. Montana's longest running web based business news portal, promoting Montana Business & Montana Lifestyle since Utilize hashtags #mtbiz, #mttalent, #mtbenefits, #mtlocal in your social media.

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These sample business plans for day care centers will help you write a business plan for your business. These, and hundreds more sample business plans, are included in LivePlan.

It's the fastest way to create a business plan for your business.

Publication (), Tax Guide for Small Business | Internal Revenue Service