Kid’#8217â€™s Community College(r), strives to train its students to become leaders of tomorrow. The college offers a unique curriculum designed specifically for children, as well as first-class childcare services. We offer technology programs, after-school tutoring, arts and crafts, and activities such dance, theatre, and gymnastics all in one place, which is different than other competitors.
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. Our technology component is driven by his advanced computer science degree and interest. A campus director, an industry consultant and a vice president of educational operations will support him in day-to-day operations. All have extensive experience in child care.
American families are now in need of supplemental or dual incomes due to the rising cost of inflation. This trend has created the need for quality child-care services. The Riverview, Hillsborough County’s population growth rate is currently over 14.6%. We can anticipate an increase in market potential in this area. Child care services are highly competitive due to their reputation, pricing, certification, and service. Kid’#8217s Community College will compete well in the market. They offer competitive prices, high-quality care services and leading-edge education programs with college-educated, certified instructors. They also have an excellent reputation with parents, as well as maintaining a good reputation within the community.
This is a daycare business plan for Kid’s Community College(r), which will focus on two subdivisions: ‘Lake St. Charles’ and ‘The Villages of Lake St. Charles,’ which are new upscale community developments within a 2 square mile radius, boasting over 900 new homes. Our target customers include middle-income families with dual incomes who appreciate the high quality education and child-care we provide for their children.
We are opening for business with a initial enrollment of 13 students. We anticipate generating healthy revenues in the first year. This number will nearly triple by Year 3. Our main operating expenses are rent and compensation for highly-qualified personnel at industry standard rates. We hope to have four campuses in the future, but we plan to scale back our growth and finance it with existing cash flow. We expect a net income to begin in our second-year.
We are making a significant investment in the company and seeking an SBA loan to match that amount.
“Some of our best years in life are those we spent as children, and later during college.” Unfortunately, working adults living in fast-paced environments sometimes forget how precious and fleeting they are.
With this in mind, think of an alternative to traditional child care. This care would not only meet your child’s needs but also provide an environment for learning that is similar to that found at colleges and universities across the nation. College community of care givers who have the qualifications to help your child develop their social and motor skills early on. They can also teach advanced science and arts studies at higher education institutions. A college-based curriculum that is specifically tailored for children and taught in a caring, nurturing environment.
Now imagine this at a cost less than that of the combination of conventional day care and specific interest based children programs.
Kid’’s Community College(r), a new comprehensive college designed for children aged from 4 months to 5 and in the first through fifth grades, is an exclusive start-up. The College focuses its resources and efforts on providing high-quality, caring services that are complemented by a stimulating learning environment for children at these age groups. The College will meet the needs and expectations of parents and students by providing excellent care-giving and instruction as well as flexible programs and local community involvement.
The College is committed strongly to diversity and accessibility. The College welcomes everyone who wants to offer better care, education and preparedness for their children. Through a wide range of services and programs, the College strives to offer affordable, top-quality caregiving and education.
The College takes a leadership role in child and community care, higher learning, and cultural diversity. Kid’#8217s Community College(r), guides its activities towards student achievement.
- Sales increasing to almost double first year sales by the end of Year 2.
- Maintain a high gross margin of raw material by year end 1.
- By the end of Year 1, open a second campus
- Begin franchise effort by end of Year 3.
Keys to Success
KCC’s success is dependent on these key factors:
- Marketing: differentiating KCC’s care giving and educational services from traditional daycare offerings and interest activity programs.
- Service quality: caregiving and educational programs by trained and certified educators, child caregivers, tutors, subject matter professionals, in a technologically advanced, first-class college environment.
- Reputation – Maintaining a reputation of excellence in education and caregiving, community involvement and being an employer of choice in the market for child and educational talent.
- Profitability is managing costs and budgets according to company goals. It also includes adhering and following strategic business plans that will allow for growth and expansion, as well as reinvesting in the company and its employees.