Aug 14, 2008
Development of an effective day-care facilities Business Plan
by Zack
In order for each company, including a day nursery business to be successful, it is advisable to a business plan. By filling out one day site "business plan" They are better prepared and know whether your business idea is that you can succeed. Below are some steps you can take if the development of a business plan. You can use the information below and the 2005 Small Business Resource Guide and develop and write your own business plan. If this is more than you think you can handle, you can hire an accountant to do this for you, but recognize that it can be expensive. Or another way to go is the middle of the road and use a business plan template that all the basics, you will only have to update the information relevant to your individual business.

Nursery business plan outline

A business plan should consist of six (6) things.

Cover

Statement of Purpose

Index

The Business - Covers description, marketing, competition, operating procedures, personnel, business insurance and financial services data

Financial Data - Loan applications, capital equipment and supply list, balance sheet, profit threshold analysis, pro-forma earnings projections (profit and loss account) and pro forma cash flow.

Supporting documentation - tax returns, personal financial statements, lease or purchase agreements, copy of licences and other legal documentation and a copy of the CVs of all principals

Other things to consider

During the development of your day-care facilities business plan their are some things you want to make sure that you are on and decide on in the process. A business plan should include a well thought out and should not be rushed. Concentrate on those areas below, and it will help to ensure that you have a well-considered business plan.


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