Opportunity
Problem
An increasing number of families are dependent on two incomes. This has led to the need for child care. In an era of increasing demand, there is more children who need a safe and enriching place.
Solution
Safe Kids Child Care will be able to provide a secure and caring environment for its clients’ children, as well as personal attention. The center has two-sided goals: to help parents feel better about the care they give their children and to make it enjoyable, educational, and safe for the child.
Market
Safe Kids Child Care places a strong emphasis on serving the local needs for child care services in the 10 mile radius of Lynn. Children are available on a full-time, part-time, or flexible basis.
Concurrence
The local area has over 300 child-care providers. KinderCare, a commercial chain of child care centers, holds the majority. The good reputation of these chains among the consumers helps them compete well. Safe Kids Child Care provides a lower staff ratio than other child care providers, which is attractive to many parents. In addition, the child care fee levels are maintained at 5-10% less than those of large commercial chains.
Why Us?
Safe Kids Child Care provides a lower staff ratio than other child care facilities, which is attractive to many parents. In addition, the child care fees charged by Safe Kids Child Care are still 5-10% less than those of large commercial chains.
Expectations
Forecast
Safe Kids provides child care for the Lynn area. Safe Kids will achieve sustainable profitability in the next three-years. Safe Kids will gain market share quickly and be a trusted provider of child care services thanks to their high-quality products and excellent customer service.
Financial Highlights by Year
Financing Required
To start our business, we need $40,000 Each owner will contribute $20,000 to our opening costs.
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