August 16, by Sreekanth Reddy Comments A friend in need is a friend indeed.
My Daycare Center will offer a secure, loving environment for children ages three months to six years and will be staffed by child care professionals trained in early learning programs and curricula.
We intend to diversify our service offerings after our first year in business, thereby adding new revenue streams and increasing operating income. Case has spent her entire professional career in child care and development, and most recently was the Child Care Teacher at Gaithersburg Child Care Excellence an accredited full service day care center from until A native of Colombia, she is a dedicated, positive and outgoing caregiver who has been extensively trained in child development and early-childhood education.
Products and Services My Day Care Center will be a locally-owned, nationally-accredited full-service facility, catering primarily to families with children aged three months to six years pre-kindergarten and who are interested in bi-lingual learning English and Spanish.
Customers We plan to target working families with young children in the Gaithersburg, MD area. According to the U. Our center will be conveniently located to most of these families, a significant number of which are Hispanic or Latino, a key demographic in this community.
We intend to open our day care center on the west side of Gaithersburg, MD in close proximity to the affluent communities of Kentlands and Lakelands, but still within 15 minutes of Shady Loan officer business plan templates Metro station and the historic East side neighborhoods.
Case has spent her entire professional career in child care and development, and most recently was the Child Care Teacher at Gaithersburg Child Care Excellence an accredited full service day care facility from until John Vieco He is a dedicated, positive and outgoing caregiver who has been extensively trained in child development and early-childhood education.
Vieco taught kindergarten for six years in the Montgomery County Public School System, one of the most highly-regarded public school systems in the state.
A native of Bogota, Colombia, Mr. Vieco is fluent in Spanish, which will benefit the many Spanish-speaking parents in the Gaithersburg area. He will also translate our marketing materials into Spanish as we plan to target Spanish-speaking parents. Ford is a preschool teacher and is director-qualified for infants and toddlers.
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Vieco on a part-time basis. Inshe earned a 90 hour child care certificate and is currently working towards a B. Bo Schweikert As an unpaid advisor, he agreed to volunteer his time and expertise in developing and testing commercial facilities for the benefit of our children and staff.
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.
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. 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.
Exit Strategy At this point, Ms. Case plans to manage My Day Care Center for many years, growing its customer base and increasing the value of the business. Case in three to five years. Although it is possible that a national chain might acquire My Day Care Center, this is not expected as these chains prefer to plan and develop new locations as part of their long-term business development strategy.
Finally, locally-owned competing centers generally lack the financial and management capital needed to acquire a successful company. Company History My Day Care Center is a true startup company, with no customers or operating history.
Case sensed a need in the marketplace for a safe, nurturing center which could compete against the national chains on quality, service, and curricula but offer local advantages and a true bi-lingual capability. In order to be competitive with leading day care centers La Petite and KinderCare as well as cost-efficient, it will need to offer the following: Although the Washington D.
Part of the start-up funds will go towards securing the lease. We intend to leverage our relationships with local families who appreciate our core offerings — safe, quality day care and excellent learning programs — into a series of new programs, customer bases, and revenue streams.
Our high skilled daycare teachers will give My Daycare Center a competitive edge. School Age Program- School age programs supplement a family setting between school hours and home hours. A typical week of a school age program includes individual and group play; study assistance; and staff-organized arts and craft.
We anticipate adding school age programs in year two. Parents can opt to purchase a healthy after-school snack from the center. Summer Day Camps and Special Trips- In year three, we plan to add a series of half- and full-day trips for field trips, nature walks, rafting excursions, library and planetarium visits.
Meals will be included. We intend to augment our permanent staff with contract employees. Transportation- After several quarters of providing excellent day care and learning services, we may add limited transportation services to parents who reside in a certain defined area. We do not feel that it is imperative to offer transportation at this time so many parents already have automobiles, and therefore it is not included in our financial projections.
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