Child Care Program Business Plan

the first blow is half the battle! Having a strategy and being prepared is nowadays of vital importance to become successful in business. Nowadays the internet creates more transparency in markets, people learn quicker, which makes the current players more competitive. If you want to grow a business, you need to have a good business plan. 

Besides this, if you are looking for investors in your current business, this  Child Care Business Plan might inspire you to finish a plan faster. 

By using this Child Care Business Plan, you will take a head start and you will see you will save time, increase your effectiveness and increase your chance to become successful.

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TABLE OF CONTENTS INTRODUCTION TYPES OF CHILD CARE PROGRAMS ASSESSING THE NEED FOR CHILD CARE PROGRAMS National Need Community Need IDENTIFYING YOUR REASONS FOR GOING INTO BUSINESS Motivations Personality -- Self-Assessment Questionnaire Skills and Experience Time Management PREPARING FOR BUSINESS Name and Legal Structure License Requirements FINDING A LOCATION Operating a Center Outside Your Home Operating a Center from Your Home TAX LAWS Sole Proprietorship Corporation Partnership S-Corporation Tax-exempt Center INSURANCE Liability Accident FINANCING YOUR BUSINESS Private Sources Commercial Banks Government Agencies Grant Programs Other Sources DEVELOPING A FINANCIAL MANAGEMENT PLAN Start-up Budget Operating Budget Monthly Operating Expenses Balancing Income and Expenses Fiscal Policies Audits DEVELOPING A MARKETING PLAN Know Your Customers The Marketing Program Marketing Your Center Know the Competition Sources of Market Information DEVELOPING A MANAGEMENT PLAN Finding and Hiring Staff Determining Staff Size Setting Working Hours Deciding on Staff Responsibilities Establishing Salaries and Fringe Benefits Personnel Policies Volunteer Staff PREPARING THE CENTER Safety Equipment and Materials Setup Storage PLANNING THE PROGRAM Communicating Policies to Parents Structuring the Program Nutrition Parent Involvement TRAINING The Child Development Associate Program Other Degree Programs APPENDIXES A.Total cash (first month) Expected tuition fees Total receipts Total cash receipts Disbursements /month (rent, loan payment, utilities, wages, etc.)