![]() Choose Your Legal Structure - It's important to select an appropriate legal entity for your daycare business. This should include market research on the childcare industry and potential target market size, information on the services you will offer, marketing strategy, pricing strategies and detailed financial projections.Ģ. Develop A Day Care Business Plan - The first step in starting a business is to create a detailed child care business plan that outlines all aspects of the venture. Having a clear roadmap of the steps to start a business will help you stay focused on your goals and get started faster.ġ. Starting a daycare can be an exciting endeavor. Next Section: Executive Summary > Daycare Business Plan FAQs Financial Plan – The financial plan section of your daycare business plan should include your financial statements, such as your income statement, balance sheet, and cash flow statement.Management Team – The management team section of your business plan should describe the experience and qualifications of your management team including the director, teachers, and support staff.It may also include your long-term plans for expansion and the milestones you want to achieve to get there. Operations Plan – This section of your business plan describes how your daycare will be operated on a day-to-day basis. ![]()
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