Child Care Business Plan
Opportunity
Problem
Our children’s education must start sooner than we think. The school system has failed. Those who can hire private teachers and tutors to help with their children’s education should.
Solution
The Toddler Warehouse provides full-service child development and care for toddlers ages 3 to 5. The Toddler Warehouse is focusing on the high-end market segment: professional parents earning double income. These parents are typically ambitious and eager for their children’s growth. They will often pay top dollar to send their children to the best facilities.
Market
The Toddler Warehouse will offer child care/development for toddlers aged three to five years old. The Toddler Warehouse will target professional families earning double income who don’t have the time or the ability to care for their child. The Toddler Warehouse targets families that want more than simple babysitting. They are looking to enroll their children in a program that develops many skills, including socialization skills and arts and crafts, large muscle groups workouts, reading, maths, and numbers. Professional parents are often ambitious and eager to help their children move forward.
Competition
The Toddler Warehouse will be competing in the child care industry. The child care industry is very broad and populated. Companies at all levels of the market are available, from basic baby-sitter services to those that compete with The Toddler Warehouse. Service providers can offer services during normal business hours or after-hours. There are scheduled services, and there is no drop off. Price, quality, and gut feeling drives a lot of parental choices. The Toddler Warehouse believes that focusing on a specific market is key to success. They also recommend choosing a growing market.
Why Us?
The Toddler Warehouse’s mission is to provide high-quality child care. We are here to retain and attract customers. If we follow this maxim, all else will fall into place. Our services will surpass the expectations of customers.
Expectations
Forecast
The first year will be profitable. We will be able hire more general assistance that focuses on care by year 3.
Financial Highlights per Year
Finance is required
Matt will invest $85,000