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Jennifer Raney Herriage

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Child Care Business Plan

March 3, 2023 By JamesCall Leave a Comment


Child Care Business Plan


Opportunity

Problem

The education of our children must be started earlier. The school system is failing. Those who can hire private teachers and tutors to help with their children’s education should.

Solution

The Toddler Warehouse offers full-service child and developmental services for toddlers aged three to five years old. The Toddler Warehouse is focusing on the high-end market segment: professional parents earning double income. These ambitious parents will often be eager to see their children develop and will pay for the best facilities.

Market

The Toddler Warehouse will be offering child care/development for toddlers age three to five. The Toddler Warehouse aims to serve professional families of double income that are not able to provide care for their children due work obligations. 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. Parents who are ambitious by nature and who are professionals are likely to want their children to succeed. They will also be willing to spend the most money for the best developmental care services.

Competiton

The Toddler Warehouse is a competitor 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. There are both services that provide standard business hours and those that offer evening or night hours. There are services that can be scheduled and services that can be canceled. A lot of parental choices are based on quality, price and gut feeling. 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 top level child care. Our goal is to keep customers coming back. If we follow this maxim, all else will fall into place. Our services will exceed the expectations of our customers.

Expectations

Forecast

The first year will be profitable. After year 3, we will be able employ more general help that focuses on the care aspect of care.

Financial Highlights for the Year

Financing Required

Matt will invest $85,000


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Filed Under: Businnes Plan Tagged With: business, care, child

Animal Day Care Business Plan

March 3, 2023 By JamesCall Leave a Comment


Animal Day Care Business Plan


Doggie Pause is a canine daycare facility catering to professionals who have disposable income and the desire to provide quality care for their pets while they are work. It’s a response to a market need in high-end markets with high income.

1.1 Objectives

  1. To launch the business, and to increase sales by approximately $25K per year by the end.
  2. To break even in the second year, and be profitable by the third year.
  3. To double sales in the second and third years while becoming profitable.

1.2 Mission

We will be the market leader in canine health care for the upscale community. Our operation will give owners confidence in our ability and capability to properly care for their pets. As we grow and expand, we will be able to control significant market shares and increase profits. We will grow our business prudently and finance our growth with operational revenue.

Success keys 1.3

  1. The initial location will take place in an upscale community outside of the metro.
  2. We will cater to the needs of our canine owners as much as possible.
  3. We will continue to stand behind the statement that “The Customer is Always Right” because owners always know better when it comes down to canines.
  4. It will be organized and done in a timely manner.


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Filed Under: Businnes Plan Tagged With: animal, business, care

Day Care Business Plan

March 3, 2023 By JamesCall Leave a Comment


Day Care Business Plan


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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Filed Under: Businnes Plan Tagged With: business, care, Plan

Home Health Care Services Business Plan

March 3, 2023 By JamesCall Leave a Comment


Home Health Care Services Business Plan


Opportunity

Problem

We recognize that there is a huge need for quality home healthcare and social services in the region. We believe that we can achieve this goal by employing qualified and well-educated people and providing them with responsive management.

Solution

Wheatland Health Services provides a unique combination in home healthcare and community-based social services for the Southeastern Kansas region.

Market

Wheatland Health Services Home Health Care Services is a service that will cater to patients who have been referred by physicians, nurses and other health care professionals. These patients will receive Medicare coverage, with less being covered by Kansas Medicaid or other private insurance.

Competiton

The key factor considered by both consumers and referring professionals when purchasing home health care is trust in the professional reputation, reliability and quality of services provided by the home health Agency.

Why Us?

Wheatland Health Services is committed to providing affordable and high quality home care services and social services in the community to residents and their families in Southeastern Kansas.

Expectations

Forecast

We expect growth and total annual sales to be very modest, with high expenses. Our cost of sales is relatively low, as this is a service agency and the primary costs involved in providing the services are those related to payroll. We charge mileage reimbursement to employees to cover the sales costs. Our services are both community-based, and require us to travel to service locations.

Financial Highlights Year-by-Year

You will need financing

We will use $70,000 to get a $50,000 five-year loan and $20,000 cash from Elizabeth Patzer


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Filed Under: Businnes Plan Tagged With: care, health, Home

Child Day Care Services Business Plan

March 3, 2023 By JamesCall Leave a Comment


Child Day Care Services Business Plan


Kid’#8217’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.

Mission

“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&#8217’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.

Objectives

  1. Sales increasing to almost double first year sales by the end of Year 2.
  2. Maintain a high gross margin of raw material by year end 1.
  3. By the end of Year 1, open a second campus
  4. 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.

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Filed Under: Businnes Plan Tagged With: care, child, services

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“I have both bought and sold properties from Jennifer and I can highly recommend her without any reservation.  She is uniquely qualified due to her vast experience in not only the marketing of homes but also all aspects of ownership.  The result is a professional that adds value to the client beyond the associated cost of representation.” 
- Dean Lontos

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About Jennifer

Unlike many who get into the field, real estate has been the only career for Jennifer Raney Herriage, who has excelled in serving clients for over 20 years.  Having grown up in a real estate family, Jennifer was first inspired by her mother, a broker … Read more...

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