Kids Care Day-care Business Plan for Existing Business.
Table of Contents
This is a free Kids Care Day-care business plan sample for existing businesses. As such, this post is good for home day-care business plan, day-care proposal and preschool business plan. Kids Care Day-care Business is targeted at working-class families who spend most of their daily hours officially outside the families. Targeted also include business community families who are always in their business locations for day long time. This is an opportunity for those who can afford private crèche for their toddlers early in life. Kids Care Day-care Business Plan for Existing Business will help you start off immediately.
Kids Care Day-care Business Plan for Existing Business is to seek for investors, bank loan, grants and sponsorship.
This Kids Care Day-care Business Plan for Existing Business gives details of company profile, operating analysis, scope of activities, market trend and segmentations, current asset base – all are illustrated here.
Kids Care Day-care Business Plan for Existing Business.
Furthermore, Kids Care Day-care Business Plan for Existing Business is a multi-purpose business plan. It can be used as management plan and business expansion strategy. In addition, it can also be used for Grant Applications from government and private institutions, Bank Loans and Proposal writing. Kids Care Day-care Business is a lucrative business in Nigeria today. This is because it’s becoming one of those essential services for the working-class families. Therefore, the quality of services provided by the industry is becoming a challenge. This is why it currently requires a lot of strategic planning to start and run efficiently. That is why you need our backing. Complete Full Marks Consultants Limited is well equipped to provide you all strategic measures you need to run you existing Kids Care Day-care Business
Underlining Templates:
- Kids Care Day-care Business Plan for Existing Business
- Corporate Baby Day-Care Business plan for Start-up
- Baby Day-Care Business plan to get Investors/loan/grant
- Kids Care Day-care Business Plan Marketing Analysis
- Baby Day-Care Business Plan SWOT Analysis – A Template
- Baby Day-Care Business Plan Feasibility Analysis – A Template
- CHILDREN DAY-CARE BUSINESS PLAN MANAGEMENT STRUCTURE
- Child Day Care Business Start-up Details
- Simplified Approach to Starting A child Day Care
Kids Care Day-care Business Plan for Existing Business. – Industry Overview:
Our research has proved that there is a general family challenge for young families globally today. No country or continent is exempted. And, that is, how to take care of babies while mothers are at work. Naturally, it’s the duty of every parent, and mothers in particular to see to it that their kids re properly taken good care of especially in infancy. However, certain circumstances would not allow mothers do this. Official work assignments have made this a challenging one. In fact, there are no time available to them to sit closely with their children so as to monitor them grow. The result is that parents take their kids to a day-care facility. Kids Care Day-care Business hereby presents solution to this challenge.
Kids Care Day-care Business Plan for Existing Business. – Executive Summary:
This business plan is for Baby Mama Child Day Care, Lokoja. It is a (3) three-year business plan showcasing feasibility and break-even analysis. The service range at Baby Mama Child Day Care covers children from age 6 weeks to age 6 years. Others included re those we take over from various nursery and primary schools around us when schools close for the day. Our timing ranges from 6.30 am to 8.00 pm when parent must have closed from work and be able to pick their children from us. Those who close earlier pick theirs earlier.
Because Baby Mama Child Day Care is a big solution to family challenges, this business has actually witnessed a great succeed in its 3 years of existence. Our expansionary surveys and feasibility analysis carried out by our consultants, Complete Full Marks Consultants Limited, reveal that there are about 350 working class families within our vicinity. Out of this number 45% of then have more than two (2) children. It concluded that on average, Baby Mama Child Day Care, will be getting not less than 40 children monthly from them if the most of the variables and growth indicators highlighted in this business plan is adhered to. This is to gives us a 25% anticipated growth on our previous records.
Kids Care Day-care Business Plan for Existing Business.
Baby Mama Child Day Care – Profile:
Baby Mama Child Day Care is in the child day care services industry. But this is centre based. Baby Mama Child Day Care centre is duly registered with the State’s Women Affairs Commission to provide child care services for families in the state. Other services include providing crèche and nursery education for children of pre-school age. Building a hygienically efficient and sustainable baby day-care centre is a challenging endeavour in Nigeria. Therefore, Baby Mama Child Day Care partners with both the state and local government environmental and health institutions to ensure that our babies are kept under hygienic environment. The sole aim is to build confidence in the parents who leave their children under our care for such a long time.
Ownership:
Baby Mama Child Day Care is owned by twin brothers, Messrs. P1 & P2. The two are married for over 30 years and have 6 and 4 children each respectively. Mr. P1 is a retired public health officer, whose working experience spine over 36 years. He is in charge of the day to day running of the day care. All monies for start-up tools, equipment and operational costs have always been provided by this twin brothers. There is no intention of getting outside investors involved.
Baby Mama Child Day Care Objectives:
Our objective is a comprehensive agenda to:
- Provide excellent customer services and quality care
- Raise a right and high child care standard in our community
- Raise health and intellectually sound pupils
- Offer a 24/7 day-care services.
- Host over 480 kids in the first year and grow at 20% annually.
- Creating quality value for the children and their parents,
- Therefrom, generate revenue to maximize profit for the owners of the Day-care
Our Goal
Our gaol is anchored on our ability to:
- Apply every essential Gorilla Marketing Model to reach residents and working parents around our catchment area.
- Maintain a high hygienic environment,
- Continually improve on our quality of service delivery
- Work towards lowering per unit cost of servicing a baby and generally increasing efficiency lowering total annual cost.
Our Vision:
Our vision is a large one which is to:
Continue to be the most patronized Day-care in Lokoja and other places where our branches are established in Nigeria
Our Mission
This has been and will continue to be to:
- Render a comprehensive and specialized day care services to certain class of individuals,
- Give maximum attention to each child through qualified staff and competent child care givers.
Current Net-Worth Analysis:
Our Net-Worth analysis include all outcomes of our internal control assessments and valuations as captured in our financial statements by our External Auditors – Complete Full Marks Consultants Limited. These are:
- Fixed Capital Assets:
This is the aggregation of all of our capital expenses (CAPEX) to date. They are both fixed tangible and non-tangible assets. These are those covering plant and equipment, furniture and fittings, motor vehicles, statutory registration payments, goodwill etc. The table below shows the tabular/spreadsheet analysis of this.
- Working Capital:
These are cash and cash equivalents. It’s the aggregation of our short term assets less short term liabilities. They include our operation short term commitments as shown in our operational expenses analysis below.
Our high working capital ratio is an indication that we have enough working capital to float this growth plan.
- Equity:
This is the sum total of sums invested in the business as equity, and those long term loans/debentures from investors.
The equity index is an indication that we are not tin capitalised. This is because our gearing ratio is good enough even to attract more investors.
The business balance sheet and operational ratio analysis attached as appendix to this plan refers.
Operation Analysis:
Our operations have been so encompassing. Our all purpose model of approach to operations has actually paid off. These are expressed as follows.
- Our Services:
We have endeavoured to render services loved by most parents. This is because we know that most parents want “the best” for their children. Therefore, our services have been those that impact on the children behaviour formation. We know that high-quality care will actually build good behaviours on the quality of life of children of high class baby day cares like ours. So, we provide programmes that impact on:
- Child’s physical development
- Child’s social and emotional development
- And child’s language and cognitive development
We also provide transport, and health checks periodically.
What we brought to the Industry:
These are keys to our Successes. As a matter of fact, we brought in to the industry innovative child care programmes which actually are our keys to success.
- Professional managerial skills
- Industry experience of over 35 years
Therefore, people patronize us because of the following reasons:
- Well experienced care providers
- Well-equipped baby-care Centre with Standard equipment
- Flexible schedule that fit in to our client’s schedule
- Excellent Customer Care
- A high class baby Day-Care – first of its kind in our environment
- Good management
- Up-to-date schemes and trendy practice modules
- 24/7 childcare service
In fact, the above listed services and methods have also served as our competitive advantages.
Our Target Market & Segmentation:
Our target market has been the parents and guardians. Our focus therefore have continually been on the following class of people:
- Corporate Executives
- Business People
- Single parents
- Baby-Mamas
- Sports Men and Women
- Government Officials
- Families
- Middle class and high class people
Kids Care Day-care Business Plan for Existing Business – MARKETING STRATEGY
In adition, we will continue to use our self-help designed gorilla model of marketing strategy which includes:
- Re-Lunching Exercise:
- A grand parents-children-staff party
- Continue positioning our greeters to welcome parents and kids as they come
- A loyalty plan that enables us continue to reward our regular customers
- Steady positioning our flexi banners at strategic positions all around our vicinity
- Continuous advertisement in Radio, Televisions and magazines
- Step up to the next level in our collaborations with child’s/education agencies in town, to continue referring parents who are looking for a good day care centre to us.
Kids Care Day-care Business Plan for Existing Business
2. Pricing Strategy
In fact, we will continue to set our prices in line with what is available in the day care industry. We are very aware that this will attract more customers to us at this dispensation.
3. Payment Options
As a matter of fact, we have decided to continue on our payment policy that is all inclusive. This is because we are aware that different people prefer different payment options. So, the following payment options will be available in every of our outlets;
- Cash Payment
- Payment via Point of Sale (POS) Machine
- Online bank transfer (online payment portal)
- Payment via Mobile money
In view of these, we’ve chosen banking platforms that’ll help us achieve our plans without any itches.
4. Publicity and Advertising Strategy
Unlike in our start-up plan, we have decided to create a budget for publicity and advertisement for the major aim of introducing our brand in our vicinity. Therefore, listed below are the platforms we intend leveraging on to promote and advertise our business the more;
- Place adverts on both print and electronic media platforms
- Continue sponsoring our regularly educational community programs
- Maximum utilization of internet and social media platforms like; Instagram, Facebook, twitter, et al
- Expand the installation of our Bill Boards on strategic locations
- Distribute our fliers and handbills in target areas where guardians can be found.
- Position our Flexi Banners at strategic positions around the airport
HOW YOU MAY GET COPY OF THE BUSINESS PLAN:
Finally, other Segments of Kids Care Day-care Business Plan for Existing Business are available on request. These include the financial projections, SWOT, and financial analysis. Call now to get them at minimal cost. Call +234 8034347851 or email to cfmclimited@gmail.com
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Kids Care Day-care Business Plan for Existing Business
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Deacon Anekperechi Nworgu, a seasoned economist who transitioned into a chartered accountant, auditor, tax practitioner, and business consultant, brings with him a wealth of industry expertise spanning over 37 years.