...your purchase. I. Cover Letter Dear…, I am currently seeking an investor for my company, Basic Quality Care, non-profit trade association that includes and represents long term care providers devoted to providing professional cares to their clients. Based on the interest you have shown for the health care industry, I am fully confident that our business may be of interest to you, for which reason I have taken the liberty of hereby including a business plan presenting the most important elements related to both our industry and the competitive advantage our association brings. Basic Quality Care is determined to bring a new approach in the health care industry by providing diversified assisted living facilities to include supportive and health-related services, as well as personalized care. Taking into consideration the changes in the marketplace and our clients’ demands, we have embarked upon providing the necessary difference in health care services. Our management team boasts significant experience in this industry and is set to combine quality with reasonable prices in their performance. In order to achieve our goals, we are requesting a total amount of $280,000 to be provided in the form of a 30 year fixed interest loan. Thank you for your consideration and interest in Basic Quality Care. Please contact me with any questions you have, and I will be pleased to provide any additional information you require. If, upon completing...
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...Opening a Quality Child Care Center A resource guide for starting a business and planning a child care center. Table of Contents: Introduction . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2 First Steps: Assessment, Market Analysis, Business Plan and Child Care Licensing . . . . . . . . . . . . . . . . . . . . . . . . . 3 Finding Your Facility . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 7 Design Considerations and Process . . . . . . . . . . . . . . . . . 8 Program Administration and Curriculum . . . . . . . . . . 17 Appendix A: Timeline for Start-up . . . . . . . . . . . . . . . . . . . . . . . . . 19 Appendix B: Agencies and On-line Resources . . . . . . . . . . . . . . . . 20 Appendix C: Resources for Developing Polices/Procedures . . . . . 22 Appendix D: Classroom Equipment and Materials List . . . . . . . . 23 Appendix E: Care About Childcare Criteria . . . . . . . . . . . . . . . . . . . 24 Appendix F: Structural Rules from Licensing . . . . . . . . . . . . . . . . .27 Appendix G: Accreditation . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 30 Appendix H: Resources . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 31 State of Utah, Department of Workforce Services, Office of Child Care © 2012 Opening a Quality Child Care Center Introduction THE BUSINESS OF CHILD CARE Welcome to the world and work of child care! The purpose of this manual is to provide a prospective child care center owner...
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...tailored specifically for children with enhanced, first class child care services. Unlike our competitors, we offer advanced technology programs, after-school tutoring, and activities such as arts and crafts, dance, theatre and gymnastics, all in one location. Kid's Community College is a privately held corporation run by its owner, Timothy Bernard Kilpatrick, Sr. Mr. Kilpatrick has 17 years of Executive Management (VP) and Budgeting experience, and extensive experience with budgeting methodologies and strategic planning, including the Balanced Scorecard approach. His advanced degree (and interest) in computer science is the driving force behind our technology component. He will be supported in daily operations by an industry consultant, a campus director, and a VP of educational operations, all with extensive experience in child care fields. With inflation continuing to rise each year, the typical American family now requires dual or supplemental incomes. This trend has created a need for quality child care services. The population growth rate in the Riverview area of Hillsborough County is now over 14.6%, leading us to anticipate expanding market potential for this industry in our local area. Price, service, certification and reputation are critical success factors in the child care services industry. Kid's Community College® will compete well in our market by offering competitive prices, high-quality child care services, and leading-edge educational programs with certified...
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...MP-APPENDIX B STUDENT MARKETING PLAN FOR “myEcare.com” My Tran Nguyen Marketing Unit 7 6/17/12 A Marketing Plan Presented by: My Tran Nguyen Table of Contents Page 1. Background 1 2. Strategic Focus and Plan 1 Mission Statement 1 Goals 1 Competitive Advantage 2 3. Situation Analysis 2 SWOT Analysis 2 Competitor Analysis 3 Company Analysis 3 Customer Analysis 4 Customer Analysis 4 4. Market-Product Focus 4 Marketing and Product Objectives 4 Market-Product Grid 5 Target Markets 6 Points of Difference 6 Positioning 6 5. Marketing Program 7 Product Strategy 7 Price Strategy 7 Promotion Strategy 8 Place Strategy 8 6. Financial Projections 9 Break-even Analysis 9 7. Organization 9 8. Implementation Plan 9 9. Evaluation and Control 10 Possible Deviations 10 Possible Solutions 10 10. Bibliography 1. Background myEcare.com is the premier website to find child care services for parents and caretakers. After realizing that there are no dependable places on the web to search for a child care provider, myEcare.com was set up. In this business plan, the childcare service of MyEcare.com is introduced as an online marketplace and the strategies are outlined to bring in customers from all over America. The competitive settings, opportunities, strengths...
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...The business plan I chose was a child care services business plan titled Kid’s Community College. This business plan is very well thought out and provides much strength. The owner/proprietor has 17 years of executive management experience, budgeting experience, and has a lot of knowledge in advanced technology. The industry consultant is relied upon for industry expertise and offers insight regarding rules and regulations, and government programs. This person is qualified as they own their own licensed day care. The campus director has a BS in education, two years’ experience as a Facility Administrator, two years’ experience as an Operations Manager, 5 years of managerial experience, and 3 years of grant writing experience. The vice president offers college level public relations experience, 5 years of customer service experience, 8 years of child care services experience, and extensive knowledge in dance, art, and theatre. The business plan expresses a need for an experienced CPA and expresses that some of the current members need to obtain their Child Care Development Associate credentials, which will be a requirement among future upper-level employees. The business model is very well developed and researched. The plan provides breakdowns of what capital is needed to start-up, maintain the business, and provides an anticipated growth plan for the next three years. The plan also provides information on how many students are required to be enrolled, on an average weekly basis...
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...BUSINESS PLAN OF [pic] “EVERY CHILD IS SPECIAL” [pic]EASTWEST UNIVERSITY Course Title Introduction to Business (Bus-101) Prepared For Rumana Parveen Senior Lecturer Business Administration Department East West University Prepared By- 1.Abdalur Rahman Sadi ID# 2009-2-10-167 2.Quazi Shamsul Islam ID# 2009-2-10-154 3.Jubair Rahman ID# 2009-2-10-155 4.Mohammad Golam Syed ID# 2009-2-10-240 5.Mustafijur Rahman ID# 2009-2-10-171 Submission Date: 29-07-2009 PROFILE OF THE GROUP The team of the business plan consists of five members. These members are going to start the business. We will share the ownership of the business equally. The share of the ownership will be based on the investment of the owners. All of the owners are going to invest TK. 8, 00,000/- for the establishment of the business. These owners will take every major decision for the business and they will share the profit or loss of the business equally. We will appoint the management of the business and will closely supervise them. Initially, the five partners or entrepreneurs will hold all the managerial post. However, as we grow bigger then we can consider hiring any professional manager to take care of matters. For any decisions to be approved all of our owners must be agree. Otherwise, the decision will not be accepted. For the better management of the business as well as for the communication and decision-making...
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...Strategic Plan, Part I: Conceptualizing a Business BUS/475 January 27, 2014 Strategic Plan, Part I: Conceptualizing a Business Organizations must be able to stand out and stay competitive with other organizations within the same industry. In my community, a small business that needs to be introduced is a day care center. I will be the owner of the center and operator of the center; the décor will be kid friendly with bright clean colors. This will be a place when a family walks into the center it feels welcoming. Setting my day care center apart from the other centers in the area will be a challenge. Below is the mission and vision statement for my establishment along with the outline of how I plan to set my business on top of the other establishments. Mission Statement The child care center will provide a safe, developmental program (age appropriate) environment for infants, toddlers, preschoolers, pre-kindergarten, and school age children. The focus of the center is to provide early education, which will increase social/emotional, physical, and cognitive development. Teachers will provide a good environment to help promote good behavior and manners. Our goal is to support the willingness to learn in which is in the best interest of the children. Vision Statement The child care center will be known for superior quality education. Our center will provide a place where parents and children can interact in a safe environment and still have fun. The employees are trained...
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...Chapter 9 Other sources of Income and Deductions The amounts that have not been considered under 3(a) income from employment, and 3(b) business or property] are considered under sec.56 as other income. These amounts are included under Division B subdivision d - other source of income. The following are some of the sources of income: 1.Pension Benefit: All amount received as superannuation or pension benefit be included in the computation of income under 56(1) (a) (i) the following receipt must be included; 1. superannuation payments 2. Old age security amount 3. Canada pension plan benefit 4. benefit from prescribed provincial pension plan 5. Pension received from foreign sources. Withdrawal from RRSP, RRIF or DPSF must be included in computing income under 56(1) (h), (i) and (t). 2. Old age security and employment insurance: Old age security payments are paid to individual who are at least 65 years of age and has been resident in Canada for minimum of 10 years. This benefit includes: 1. old age pension 2. supplement for lower income person Both must be included in income, but paragraph 110(1)(f) provide for a deduction for any supplement included in income. OAS claw back: If the taxpayer’s div B income is more than $66,733 for the taxation year, a portion or entire amount of the Old Age Security Benefit must be repaid. The amount of the repayment is compute ad follows: The lesser of: a. OAS Benefits xx b. Income under division...
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...help parents pay for the services as well as the lack quality of services. Another reason is due to the time frames that daycares are open is not parallel to the time-frames parents are working at the moment. Because of these reasons daycares are not seeing the growth or sustenance of revenue as they were years ago, parents are looking at other options of child care, and a lot of daycares have evolved into low quality standards. The National Bureau of Economic Research states how “it is critical to develop an understanding of the way the child care market operates and how it relates to quality. The issue is important because the average quality of center-based child care provided in the United States is thought to be mediocre, especially compared to the quality of care provided in other developed countries” (NBER, 2002). One well-known day care/early childhood education provider is La Petite Academy. La Petite Academy has been around since 1968 and has over 500 locations in the country. The tuition has been known to be pricey which usually results in a variety of people overlooking the quality of the experience a child gains here and, in my opinion, their mission statement doesn’t make things any better. Their mission...
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...Strategic Plan, Part l: Conceptualizing a Business Karen Gladu BUS/475 December 5, 2011 Brad Bergman Strategic Plan Part l: Conceptualizing a Business The decision to open a daycare center was not an easy decision. The daycare center will be in Somers Connecticut. A mission statement will be developed to help the employees as well as the customers to understand what the daycare is about. A vision plan will also be developed to give me and my employees a look into the future. The daycares values will be discussed and decided. K & M Munchkins will be located in Somers, Connecticut in a location convenient for parents to drop their children and not go far out of their way. It will offer a full day kindergarten and a full day preschool. It will also have before and after school care as well as vacations. The daycare will be educational and have a safe atmosphere. Mission Statement At K & M Munchkins we believe a child has the right to grow to learn all there is to learn. To allow the child to become the child it can be, to have the opportunity to play and grow, to learn, and teach. K & M Munchkins will provide a safe, clean and educating environment to accommodate each individual child. At K & M Munchkins the children will be participating in an age developed activities daily. There is story time, puzzles and games, and nutritious snacks and meals. There is an age appropriate learning curriculum, and daily communication with parents about their child. Children...
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...Business Practices Grab and Go Lesson Responsibilities of the Center Director —A Child Care Professional Managing a child care center is a big job. It takes someone who loves children, understands people, and can handle the business side of child care. Whether a center is small or large, it is the center director’s responsibility to be sure that each child is receiving the very best care possible. This means that each child is treated with love and respect and helped to fully develop. Doing a good job is not easy, but the rewards are great. To do the best job as a center director, you need to • MaNage: Know what needs to be done. A DAY C RE • • LeaD: get things done through your staff. USe reSoUrceS WISeLy: Make the best use of what you have. Manage Management in child care is a special mix of caring, understanding your staff, and knowing how you want your center to operate. The following tips on communication and supervision will help you 1. Keep the focus on meeting the children’s needs by giving quality child care. 2. Have goals for your child care center. Know where you are going so you will know when you get there. National Food Service Management Institute Business Practices Grab and Go Lesson Responsibilities of the Center Director —A Child Care Professional 3. Work with staff to help them learn to provide quality care. give them feedback when they do things right and when they need to improve. 4. Keep up with what is happening in all areas...
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...including sign language. I plan to have these daycares strategically placed in areas where there are little to no child care facilities available. This is to ensure that my business is almost an only option and once the customers see the quality of care provided, they will be highly satisfied. I chose not to franchise my company because I want to be the sole proprietor. I want to be responsible for the type of care being given to each child who enrolls in my facilities and I plan to be very hands on with each building I open. Employees within my organization should have behaviors that exemplify love and education. The main focus point is to teach children and have them in an environment that will feel safe and that they can grow in. I expect all of my employees to be honest and sincere in their dealings with the children and parents that we service. The structure of my company begins with me who at this moment have over 11 years of experience in the field of childcare. I will be sure that any employee who has direct contact with the children exemplifies a certain degree of patience, professionalism, and have prior experience in childcare. My facilities will be kid friendly and mother approved complete with the latest educational toys, equipment, and curriculums. I will chose color schemes that are appealing to the eyes and that are accompanied by visuals which promote healthy growth and development. I plan for my business model to consist of a financial plan that allows me to...
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... Introduction 8/4/2011 Page 2 Overview 8/4/2011 OVERVIEW What is a Family Child Care Home? FCCH providers regularly provide care, protection and supervision for 14 or fewer children in the provider’s own home for periods less than 24 hours Licensee is the primary caregiver Types of Family Child Care Homes Small Family Child Care 6 children plus 2 school age children* Large Family Child Care 12 children plus 2 school age children* Must have qualified assistant at least 14 years of age *Must have signed copy of Landlord Consent Form or be homeowner for the two additional school age children Page 3 Overview 8/4/2011 Types of Family Child Care Homes Small Family Child Care 6 children plus 2 school age children 3 Infants when other children present Large Family Child Care 12 children plus 2 school age children Types of Family Child Care Homes Assistants under the age of 18: Cannot be left alone with other children Assistants who are left alone with children must have: Fingerprint clearance Current Pediatric CPR First Aid Certificates Page 4 Overview 8/4/2011 Age Group Definitions An infant is a child who is under age 2 School-Age children are those over the age of 6 or who attend kindergarten Children living in the home who are 10 years or older do not count in the child capacity Page 5 Staffing Requirements 8/4/2011 STAFFING REQUIREMENTS Background...
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...Table of Contents Page 1. Background …………………………………………………………………. 1 2. Company Description ……………………………………………………….. 1 3. Strategic Focus and Plan…………………………………………………….. 1 • Mission Statement……………………………………………………... 1 • Goals…………………………………………………………………… 2 4. Competitive Advantage ……………………………………………………… 2 5. Situational Analysis ………………………………………………………….. 3 • SWOT Analysis…………………………………………………………. 3 • Environmental Forces…………………………………………………… 3 • Consumer Analysis……………………………………………………… 4 6. Market product Grid ………………………………………………………… 5 • Service Offering………………………………………………………... 6 • Service Strategy………………………………………………………… 6 7. Break-Even Point …………………………………………………………….. 6 8. Marketing Program ………………………………………………………….. 10 • Promotion Strategy…………………………………………………….. 10 • Promotion Schedule……………………………………………………. 11 • Promotion Strategy (cont.)……………………………………………… 12 9. Implementation Phase …………………………………………………………. 13 10. Executive Summary ……………………………………………………………. 14 11. Bibliography …………………………………………………………………….. 16 Company Description Kids “R” Us Babysitting Service is a new and local child care service located in Harlingen, TX. After performing a brief survey to the local families in Harlingen, their main concern was trustworthy and reliable child care in the evening hours at their home. Reva Leanna Rodriguez, founder of Kids “R” Us Babysitting Service, knew this was exactly what the families of Harlingen needed. Kids “R” Us offers local babysitting services for...
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...memo for Forward Style, Inc.’s management. The company offers benefits, such as Private Retirement Plan, Medical insurance, Disability insurance, Social insurance, including Social Security, Unemployment insurance, Worker’s Compensation, Pay for time not worked, Stock options, Child Care, and Family and Medical Leave (FMLA) of 6 paid weeks and up to 6 additional unpaid weeks. After reviewing and evaluating the company’s incentives and benefits program, I will determine if legal requirements are being met by the company. I will accurately identify and explain which benefits are legally required and which benefits are being used to attract employees. Additionally I will explain how the offered benefits impact the organization. Employee benefits are important to most employees. Therefore, benefits an employer offer can be a deciding factor for a potential employee in deciding whether or not to work for that company. According to the U.S. Small Business Administration, there are two types of employee benefits, such as benefits employers are required by law to provide and benefits that are optional for an employer to offer and or provide. Examples of required benefits include unemployment insurance, workers' compensation, and social security, whereas optional benefits include health stock options, child care, retirement benefits, and health care insurance coverage (The U.S. Small Business Administration, n.d.). Memorandum To: Forward Style, Inc. Management CC: Human Resources...
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