Running a preschool can be a very profitable and profitable business. An entrepreneur interested in children's education and who also owns a business may find that opening a preschool will fulfill a second desire. Before beginning a pre-school education, one should be prepared by ensuring that they plan the company carefully from the start, investigating local and state laws governing pre-school business.
What Does It Take To Start A Successful Preschool?
There should also be space planning, insurance, curriculum development, additional staff recruitment, advertising and child registration. A preschool program is a business that requires you not to ignore the details.
The first thing to do before you start is to contact local child care agencies to obtain relevant information about the pre-program opening. As you approach a government agency, ask to meet with administrators to discuss your business idea and learn how to become a provider of a licensed preschool program.
After collecting all the information you need, including written literature, you should contact the local authorities to get a license to get started. Depending on the circumstances in which you will be operating, you may need to register and pay a fee to get the license.
No business is complete without a business plan. This will allow you to see clearly whether the business will work or not. The business plan should include where you intend to get capital. You should also make sure that the property you want to use as a facility in the area is accepted from which you can start the business, even if it is part of your own residence, this can be done by communicating with the Zoning Department from the local government, and if your area chooses inadequate, you will be notified about the appropriate fields.
After applying for a commercial license as required by the state and adhere to other special requirements required to become a preschooler, then you should consult with an insurance agency regarding the correct coverage for your installation. Be sure to choose an adequate plan that includes you, your customers, and your business.
Finally, be sure to prepare your location for safety inspections, while ensuring your facility has an emergency evacuation plan of any unforeseen or catastrophic circumstances. Also prepare your preschool curriculum.
You can choose a program established from a particular Editor or select some material from multiple editors, not forgetting that you have the option to create your own curriculum. Also, do not forget to hire a technician after background check and marketing your school.
Preschool Sample Business Plan Template
Preschool industry Overview
Preschool industry operators provide child care services for children under the age of three and four to prepare Kindergarten. Preschool expulsion is reflected in the distribution of children, which is also influenced by preschool costs and supplies, income and housing affordability patterns, employment and policy Child care subsidies. In addition, various countries and local regulations and licensing requirements affect jobs in this industry.
According to research and statistics, the industry generates $ 53 billion annuals, and is estimated to have an annual growth rate of 2.5% by 2016. The number of businesses in this industry amounts to 768,021, employing 1,664,311 people. There are about 53,000 commercial facilities, plus about 21,000 facilities run by non-profit organizations. Heavy industry split the top 50 companies generating less than 20% of industrial revenues.
Preschool programs became popular, mainly because more women in the labor force grew by almost 71% in 2007. According to the office of the Labor Statistics (BLS), 28% of mothers with small children worked in 1975, who had more than doubled in 60% in 2013. During the same period, nursery industry employees increased by almost 250%. The Office also noted that child investment in childcare by governments and nonprofit agencies, as well as new tax credits, also helped fuel industry growth.
According to child-aware awareness groups, about 11 million children under the age of 5 spend an average of 35 hours a week on childcare. Babies in care centers have an average annual cost starting at $ 5,496 in Mississippi for $ 16,549 in Massachusetts; Four-year-olds were hospitalized starting at $ 4,515 in Tennessee for $ 12,320 in Massachusetts; With quality of care and varying regulatory levels. In addition, it was observed that child care workers received the lowest salaries in any professional field, $ 21,490 on average.
But the economic recovery already has a huge impact on the preschool market. Parents and especially mothers return to work, leading to increased demand for preschool and preschool services. This means that increased income will allow parents, especially women, to devote more resources to childcare, such as high-value initial education programs.
While this may seem like a saturated field, it is not, as there is always a constant demand for parents to prepare their children the right school. Incentives to explore to or start a preschool affect young people who are struggling academically and the more they engage for their parents to carry out their business or other activities.
Summary Of Preschool-Business Executive Plans -
Future stars® pre-school is a complete, preschool standard that will be located in the very populated residential development in Ashville, North Carolina, USA. We are a pre-school that provides child care services for children under three and four years to prepare Kindergarten. In addition to the fact that we will be operating preschool, we will also participate in house counseling: we will go to our students' homes as their parents demanded.
The future stars of preschool® are results-oriented, centered on preschoolers offering comprehensive Child Care and learning approaches and experience at an affordable price that will in no way place pit holes in the pockets of our Clients (parents). We will offer standard and professional pre-school childcare and educational services designed for young children in a highly secure, clean and conducive learning environment. We will ensure that we work hard to meet and exceed the expectations and educational goals of all our parents when they enroll their children in our preschool.
In the future Stars® preschool the common good of our children and their parents is always the first thing, and everything we do is guided by our professional values and ethics. We will ensure that we hire trained professional educators and nannies to handle preschoolers in various areas of learning for the development of children who have a wealth of experience and passion in teaching Knowledge for young people on learning scales different (toilet training, rhyming, walking, dancing and talking, etc.
Future stars of preschool® will demonstrate once its commitment to sustainability, individually and as an educational organization, actively participate in our community and integrate sustainable business practices wherever possible. We will ensure that we respond the highest standards by meeting the needs of our customers (parents) in a proper and complete manner. We will cultivate a work environment that offers a sustainable and human approach to making a living and living in our world, for our partners, our employees and our students.
Our business objective is to position the future of pre-school stars to become a leading preschool brand in the education industry throughout Ashville-North Carolina, as well as to be among the 50 most important preschools in the United States of America within the first 10 years of operation.
It may seem like a dream too high, but we are optimistic that this will definitely happen because we have done our research and feasibility studies and are excited and convinced that Ashville-North Carolina is the perfect place to Launch our preschool; They have the right demographic composition that can support and sustain our business model.
Future stars of preschool® were founded by Ms. Clara Jake-MacPherson. He has an undergraduate education degree with prejudice in early childhood education and has over 16 years experience in the education industry in the United States. He will bring his great experience to help build the future of pre-school stars in the envy of heights.
Our Products And Services - Sample Preschool Business Plan Template
Future Stars ® Preschool will offer child care services within reach of Board of education United States. Our goal is to start a preschool education was to prepare children aged between 3 and 4 years old to kindergarten and, of course, benefit from the education industry, and we will do all that is allowed to act in The US. The purpose of the ACT and our commercial goals.
Our service offerings are listed below;
Providing child care services for children under three and four years to prepare them for kindergarten.
Implementation of a standard child care centers and licensed
The Home Guard service offering for small children as requested by their parents
Retail sales of books and educational material for children
Our Vision Statement
Our vision is to build a preschool/daycare center a very competitive that will become the number one choice for parents in North Carolina-Ashville. Our vision reflects our values: integrity, service, excellence and teamwork.
Our Mission Statement
Our mission is to provide a safe learning and nursery and supports for young children. Our overall business goal is positioning our guidance for school became the leading preschool brand in the education industry in the entire North Carolina-Ashville, and also among the 50 treatment center/pre-school/school the best child care in the United States in the first 10 years of operation.
Our Business Structure
Future Stars ® Pre-School will build a strong business structure that can support the growth of our preschool education. We will ensure that we employ competent people to help us build our dream business. The fact that we want to be a preschool/daycare industry-leading education across North Carolina-Ashville makes it very necessary to build a business that deliberately structured from the beginning.
In Future Stars ® Preschool, we will ensure that we employ people who are focused on quality, hardworking, creative, and focusing on customers who are ready to work to help us build a growing profitable business all stakeholders (owners, labor and client).
In fact, the profit sharing agreement will be available for all our old veterans and employees will be based on their performance for a period of five years or more in accordance with those agreed by the Board of Directors of the company.
Considering the above, we have decided to employ people who are competent and qualified to occupy the following positions;
Head Of Preschool (Daycare)/School Coordinator
Tutors for different learning areas
Marketing and sales executive
Executive Customer Service/Reception Officer
The functions and responsibilities
Head of pre-school / school Coordinator:
Responsible for providing directions for pre-school / Childcare Centers
Creating, communicating, and implementing the vision, mission and overall direction - the organization that leads the development and implementation of the organization's overall strategy.
Responsible in handling high profile clients and transactions
Responsible for improving the cost and signing of the Bid Business (partnership)
Responsible for signing checks and documents on behalf of Academy tutorial
Coordinates of all pre-school symbols
Evaluate the success of pre-school / daycare centers
Report to Pre-school Board / Childcare Center
Responsible for overseeing the smoothness of HR and administrative tasks for pre-school
Description of design work with KPI drive performance management for all staff members
Regularly hold meetings with key stakeholders (parents and school board members) to review the effectiveness of school policies, procedures and processes
Maintain an office by checking stocks; placing and expediting orders; evaluate new products.
Ensures the operation of the equipment by completing the preventive maintenance requirements; call for improvement.
Determine job positions for recruitment and manage the interview process
Carry out induction staff for new team members
Responsible for employee training, evaluation and assessment
Responsible for organizing travel, appointments and meetings
Update knowledge work by participating in educational opportunities; reading professional publications; maintain personal networks; participate in professional organizations.
Keep an eye on the smooth running of day-to-day activities at College tutorial.
Tutor for various subject areas for toddlers
Effectively teach subjects / subjects as provided by the School Coordinator
Access the progress of the children under their care
Ensure that children participate in learning activities such as potty training, poetry and dance et al
Contributes his / her quota to growing pre-school
Receive complaints from parents and channel them into corresponding quarters
Handle other tasks as assigned by the school Coordinator.
Caregiver / caregiver / Aux nurse
Responsible for changing diapers for children and cleaning them when they mess up themselves
Responsible for feeding toddlers
Ensure that toddlers sleep like they are due and help calm them down when they cry
Go the extra mile to ensure that the toddles are comfortable and well taken care of.
Contributes his / her quota to growing pre-school / Childcare Center
Receive complaints from parents and channel them into corresponding quarters
Handle other tasks as assigned by the school Coordinator.
Marketing and Sales Executive
Identify, prioritize, and reach out to new parents, and business opportunities et al
Identify development opportunities; follow up on lead development and contacts; participate in the arrangement and financing of projects; guarantee the completion of development project.
Write the winners of the document proposal, negotiate fees and rates in line with the organization's policy
Responsible in handling business research, market survey and feasibility studies for clients
Responsible for overseeing the implementation, advocating for customer needs, and communicating with clients
Develop, implement and evaluate new plans to expand sales increase
Documenting all customer contacts and information
Represent companies in strategic meetings
Helps increase sales and growth for the company
Accountant / Treasurer
Responsible for preparing financial reports, budgets, and financial reports for the organization
Provide management with financial analysis, budget development and accounting reports; analyze the financial feasibility of the most complex proposed project; do market research to estimate the trends and business conditions.
Responsible for financial forecasting and risk analysis.
Conduct cash management, general ledger accounting and financial reporting for one or more properties.
Responsible for developing and managing financial systems and policies
Responsible for managing payrolls
Ensure compliance with tax laws
Handles all financial transactions for tutorial lectures
Serves as an internal auditor for college tutorials
Executive client service
Welcome to young children and their parents with greet them directly or by phone; direct questions or answers
Ensure that all contacts with parents (email, call center, SMS or phone) deliver personalized customer service experience at the highest level
Through interactions with parents through phone calls, take every opportunity to develop your interest in the products and services of the school.
Manage the administrative tasks assigned by the Coordinator of the school effectively and in a timely manner
Keep abreast of new information about products, promotional campaigns, etc. to make sure that an accurate and useful information is given to students when they did the investigation
Receive packets/document for Preschool
Handle other work assigned by school authorities
Maintain daycare clean by cleaning, vacuuming, cleaning dust, clean the glass doors and Windows, etc. If it is necessary.
Ensure that amenities and equipment are not out of stock
Responsible for managing the laundry
Handles other duties assigned by the Coordinator of the school.
Make sure daycare is guaranteed at any time
Control the traffic and set the parking
Safety suggestions to the staff member from time to time
Patrols around the building 24 hours
Send report safety each week
Other tasks assigned by the Coordinator of the school.
Preschool Business Plan-SWOT Analysis
Future Stars ® Pre-School hired the services of a leading professional in the field of consulting and structuring business to help our preschoolers build well structured education business that can compete well in the education industry that is very competitive.
Part of what the team is doing is business consultant working with the administration of our Organization to do a SWOT analysis for Pre-School Future Stars ®. The following is a summary of the results of the SWOT analysis conducted on behalf of The Future Stars ® Pre-School;
Our main strength lies in the strength of our team; our workforce we have a team that has the passion and the right momentum to care for small children, a team of qualified and experienced in child care/preschool education. We have a good position in a community with demographic composition is right and we knew that we would attract a lot of parents who wish to enroll their children since the first day we opened our doors for child care services.
As a preschool/daycare center new in North Carolina-Ashville, our organization can take some time to enter the market and gain acceptance in preschool education/industry already saturated; That's probably our biggest weakness. In addition, we may not have the money to inject advertising and promoting our brands fit our desires.
Opportunities in industry education and preschool is huge given the number of parents who want their children under school age are in a safe place and prepare them for kindergarten. As a child care center standards, safe and very comfortable, we are ready to exploit any opportunity that comes our way.
Every business faces a threat or challenge on every part of the business life cycle. This threat can be external or internal. This shows the importance of a business plan, as most threats or challenges are anticipated and plans are put in place to cushion what effect they might bring to pre-school.
Some of the threats we may face as pre-schools operating in the United States are unfavorable government policies that may affect Childcare Centers, the arrival of competitors in our location of operations and the global economic downturn that would normally affect purchasing power. There is virtually nothing we can do in terms of this threat other than to be optimistic that things will continue to work for our good.
Preschool Business Plan-Market Analysis
The trend in pre-school / daycare centers is the key business to attract parents to register their wards of security, cleanliness, location and of course the overall comfort of their toddler. Trends in the industry The daycare center is such that players in this industry can now conveniently start their childcare business in the business district; a place where it is easier for the working class of parents to take advantage of the launch of their break and even a tea break rushes to the breast - feed and hug their children before rushing back to work.
The demand for pre-schooling is driven by the fact that most parents work or are involved in a business that takes them away from their children who are under school age and one of the remaining options is to enroll the child in a daycare center.
The economic downturn has not really affected the industry, especially in countries that believe in the early education's effectiveness. Is an area that you will need to spend heavily in ensuring that schools are standard, facilities, advertising, and insurance.
Our Target Market
As a standard preschool / Childcare Center, the future of Stars® pre-schools offers a wide range of pre-school services then we are well trained and equipped to service various children of different growth rates regardless of any challenge et al.
Our target market as a preschool / Childcare center cuts all parents with children under different school-age classes and people from all walks of life. We came to a pre-school / educational industry with a business concept that would allow us to work with toddlers at different stages of learning.
Here is a list of parents / toddlers that we have our special design pre-school Service
Parents of the working class with under-fives under school age
Parents with under-aged under-fives who run their own businesses and are too busy to care for their wards during working hours
Our competitive advantage
This field is very intense because of the quality of service offerings pre-school, which is more pressed to provide better service. Because of this pressure, there are cramped among the various pre-schools to get older to enroll their toddler in their childcare center, thus increasing their income as well.
We are fairly aware that to be very competitive in preschool / educational industry means that you must be able to provide consistent quality services, parents should be able to experience the tremendous difference and enhancement of their toddlers and you should be able to meet the expectations of the Governing Council of education in the United States.
Our competitive advantage lies in the strength of our team; our workforce. We have the right team spirit and drive to take care of toddlers, the team with excellent qualifications and experience in daycare / preschool education. We are well positioned in a community with the right demographic composition and we know we will attract many parents who want to enroll their children from day one we open our doors to daycare services.
Finally, all our employees will be well cared for, and the package of their well-being should be classified as the best in our class (Preschool/daycare Center for the first time in the United States) in the industry, which means they will be more than Willing to establish business with us and helping to achieve established goals and achieve all our business goals and objectives.
Preschool Business Plan-Sales and MARKETING strategy
We are aware of the fact that there is a tough competition between the preschool/daycare center in the United States, so we can employ some of the best marketing experts to manage sales and marketing.
Our marketing and sales team will be recruited based on your extensive experience in this industry and will be trained on a regular basis in order to be well equipped to meet the goal and general objectives of the future Stars ® Pre-School. We want to build a standard, first-class preschool/daycare center that will use mouth-to-mouth advertising for satisfied parents.
Our goal is to grow our preschool children in one of the top 50 preschool/Daycare centers in the United States, so we have mapped out a strategy that will help us leverage the existing market and grow in a G group. Rande. The power to count not only in Ashville, North Carolina, but also in other cities of the United States.
Future Stars ® Pre-School will leverage the following marketing and sales strategies to attract customers;
Introduce a preschool/daycare us by sending a letter of introduction, in addition to our booklets to parents/home and major stakeholders in Ashville-North Carolina.
Print flyers and business cards and strategically place them in religious centers, libraries and public facilities.
Use friends and family to spread the word about your daycare
Send information about child Care Center/preschool US on bulletin boards in places such as churches, maternity centers, parks, libraries and coffee shops and so on.
Place small or confidential advertisements in newspapers or local publications about our preschool/daycare center
Use reference networks, such as agencies that will help bring parents together with pre-school children with our preschool/daycare center.
Join relevant associations or agencies that allow you to establish contacts and meet other people in the same industry.
Online advertising using an advertising platform like Google Adwords, which allows us to place text ads next to Web sites with related content and search engine results.
Advertise our preschools in educational magazines, newspapers, television stations and radio stations.
Attend relevant educational exhibits, seminars and educational exhibitions
Participate in a direct marketing approach
Promoting mouth-to-mouth marketing of loyal and satisfied parents
Source of income
Future Stars ® Preschool was founded with the goal of maximizing earnings in the educational and preschool industry and we will continue to make sure to do everything necessary to attract parents on a regular basis. Future Stars ® Preschool will generate revenue by offering the following services;
Provide child care services for children under three and four years old to prepare them for daycare.
Running standard and Licensed day care
Offer Home Tutor services for young children at your parents ' request
Retail books and educational materials for children
One thing is certain; There will always be parents who want their child-age children to be in a safe place and prepare them for kindergarten. As a standard, safe and very convenient child care center, we are ready to take advantage of every opportunity you give us.
We are well positioned to take up the available markets in Ashville-North Carolina and we are very optimistic that we will meet our target set of generating enough revenue / profits from the first six months of operation and growing our pre-school and student base.
We have been able to critically examine preschool / child care center markets and we have analyzed our possibilities in the industry and we have been able to come up with the following sales forecasts. Sales projections are based on information gathered on the field and some typical assumptions of similar startups in Ashville-North Carolina.
Below is a sales projection for the future of Stars® pre-school, based on the location of our daycare center and of course the various pre-school services we will offer;
First year-: $ 75,000
Second year-: $ 150,000
Third year-: $ 350,000
N.B: This projection is based on what is obtained in the industry and assuming that there will be no major economic crisis and natural disaster in the periods listed above. So, there is not any salesman offering the same additional services as we do in the same location. Please note that the above projection may be lower and at the same time it may be higher.
Our Pricing Strategy
Generally for pre-school and daycare Services flat fee on a weekly or monthly basis is what is obtained. As a result, the future of Stars® pre-schools will be wearing our registered toddler parents in our flat center daycare fee except for a few occasions where there will be a need for us to charge students on an hourly basis.
In the future our pre-school Stars® will keep our costs below the market average level for all our students by keeping our costs low and by collecting prepayments. In addition, we will also offer special discounts for all our students on a regular basis.
We recognize that there are some children who need special assistance, we will offer flat rates for those services that will be tailored to the needs of these children.
In the future of Stars® pre-schools, the payment policy will be all inclusive as we are well aware that people prefer different payment options as they are appropriate. Here are the payment options we will make available to our clients;
Payment by bank transfer
Payment by bank online transfer
Payment by check
Payment by bank draft
Payment via mobile money
Payment with cash
In view of the above, we have chosen a banking platform that will help us achieve our plan with little or no itching.
Business Plan Preschool-Publicity And Advertising Strategy
We have been able to work with our brand and publicity consultants to help us map out publicity and advertising strategies that will help us walk our way to the heart of our target market. We are set to be the number one choice for parents and students across Ashville-North Carolina that is why we have made provision for effective publicity and our pre-school advertising / Childcare Centers.
Below is a platform we intend to utilize to promote and advertise the future of Stars® pre-school;
Places ads in both print newspapers and community-based magazines and electronic media platforms
Sponsor relevant community-based events/Programs
Leverage on the Internet and social networking platforms; Instagram, Facebook, Twitter, YouTube, Google + and others to promote our brand
Install our Bill boards at strategic locations around Ashville-North Carolina.
Take part in the road show from time to time in specific neighborhoods
Distribute our flyers and flyers in the target areas
Contact the illiteracy and informing corporate organizations about our preschool/daycare center, and the advantage we have over others.
Passing general information through our social networks is handled like Twitter, Facebook, Google hangouts, etc.
Make sure that all members of our staff use our branded T-shirts and all of our vehicles are well-identified with the logo of our school et al.
Preschool Business Plan: financial projections and cost calculations
By setting up a pre-school business, the amount or cost will depend on the approach and scale you want to undertake. If you intend to be large by renting a place, then you would need a greater amount of capital, as you would need to make sure that your employees are well cared for, and that your preschool environment is sufficiently conducive to keeping children.
This means that the start-up can be low or high depending on your objectives, vision and aspirations for your business.
The materials and equipment that will be used cost almost the same everywhere, and any difference in prices would be minimal and can be overlooked. In terms of the detailed analysis of the costs to start a preschool business; It might differ in other countries because of the value of their money. But this is what would cost us in the United Kingdom;
Companies that incorporate tariffs in the United States of America will have a cost of $750.
The budget for liability insurance, permits and licenses will cost $3.500
Acquiring a facility/property that will accommodate the number of children we want to care for at least 6 months (rebuilding the facility included) costs $35.000.
Equipping the Office (computers, printers, projectors, markers, pens and pens, furniture, telephones, filing cabinets and electronic products) will cost $10.000
The budget to pay staff members and public utility bills for at least 3 months: $70.000
The budget for start-up inventories (toiletries, toys, cribs and mattresses and others)-$2.500
Launching an official website will cost $500
Additional expenses such as business cards, signage, advertisements and promotions cost $5.000
Following the market research report and the feasibility studies conducted, we will need approximately two hundred fifty thousand (250,000) US dollars to successfully establish a standard preschool/day care facility and well Equipped with medium-scale in the United States. of America.
Pre-school funds generation/initial Capital for future Stars ®
Future Stars ® Pre-School is a private business that will be owned by Mrs. Clara Jake-McPherson and her family. They are the only financiers of the business, so they decided to restrict the supply of initial capital for the business to only three main sources.
These are the areas that we intend to generate our initial capital;
Generate part of the initial capital of personal savings and sale of your shares
Generate part of the initial capital of friends and other extended family members
Generate a larger portion of the bank's initial capital (loan facility).
N. B: We have been able to generate approximately $100.000 (personal savings $85.000 and soft loans of family $15.000) and we are in the final stage of obtaining a loan of $150.000 from our bank. All documents and documents have been duly signed and sent, the loan has been approved and at any time from now our account will be credited.
Business GROWTH GROWTH: Sustainability and expansion strategy
It is easier for businesses to survive when they have a flow of business / customer transactions patronizing their products and services. We are aware of this and that is why we have decided to offer a wide range of tutorial services and other related services for schools, students with Disabilities and parents (adult education).
We know that if we continue to provide good child care services, there will be a stream of income for the organization.
Our key sustainability and expansion strategy is to ensure that we only hire competent and uncompetitive staff members, making the environmentally conducive work and employee benefits to our staff members. In the near future, we will explore options selling out franchises or extend our scope beyond Ashville-North Carolina to other major cities in the United States.
We know that if we apply our business strategy, we will achieve our business goals and goals in no time.
Check the list / Milestone
Business Check Availability Name: Completed
Business merge: done
Opening of the Bank Corporate accounts of various banks in the United States: completed
Opening Online Payment platform: done
Application and get taxpayer ID: in progress
Application for business license and permit: completed
Purchase all forms of insurance for business: done
Conduct feasibility study: completed
Produce part of the start-capital of the founders: done
Write a business plan: done
Prepare an employee handbook: done
Preparation of contract documents: take place
Design from pre-school Logo: done
Graphic design and marketing printing / promotion of packaging materials: finish
Employee recruitment: In Progress
Purchase required furniture, office equipment, electronic equipment and facelift facilities: take place
Creating an official Website for pre-school: takes place
Create awareness for preschool in Ashville-North Carolina: In Progress
Health and safety and fire safety arrangements: underway
Building business relationships with key vendors and players in the education industry: In Progress