There are at least 54 centers including homes listed on childcareavenue. We expect to secure a lease by mid-to late November, and begin on improvements immediately thereafter. This is why some folks who do not have the wherewithal in terms of finance may choose to start from their homes, whilst some may want to start from very little spaces they get.
In addition to nannies, au pairs and baby sitters, there are about 55 child care centers. The personal credentials and school accreditations often take more than a year to earn, thereby creating a barrier to entry, and the center must be able to attract experienced professionals away from other employers.
My Daycare Center will offer a secure, loving environment for children ages three months to six years and will be staffed by child care professionals trained in early learning programs and curricula.
Case plans to manage My Day Care Center for many years, growing its customer base and increasing the value of the business. The threat of new entrants varies depending on the type of facility and services being offered.
And ever since the emergence of this trade, we have come to see more and more people who have a penchant for kids, dive into the industry just to tap into the profits that the day care business offers.
Consequently, they do not compete on price and have no interest in becoming the low price leader. We do not feel that it is imperative to offer transportation at this time so many parents already have automobiles, and therefore it is not included in our financial projections.
However, as things changed and the crime rates in some areas went haywire-where some folks gained entrance into the houses of people for the sole aim of robbing them, the daycare trend took over.
Combined, that totals almost 5, households, and with an average of 1. Therefore we must identify and target the subset of parents who value and will pay for our mix of professional experience, curriculum and location.
We believe that by researching and examining these factors, we can develop a sustainable competitive advantage. Furthermore, there is no indication that the day care trade would plummet anytime soon based on the statistics of parents who work that is found by experts.
It is the duty of every parent- especially the mothers to see to it that their kids are properly taken good care of. Writing a business plan is being made easy in this read, compared to what you may have heard about business plans.
Company History My Day Care Center is a true startup company, with no customers or operating history. Fortunately, we only need to serve about 14 to 15 children on a recurring weekly basis for us to cover our fixed operating costs.
Despite the fact that there loads of day care businesses who have done so well for themselves in the past, we plan to not leave any stone unturned as we continue to work at better ways to make our services known to people.
The people we intend offering our services to are; Corporate Executives. Case in three to five years. The business is indeed a lucrative one and those who are into the trade of establishing them are smiling to the banks every day.
My Daycare Center will make use of modern technology to give the company a competitive edge. Case sensed a need in the marketplace for a safe, nurturing center which could compete against the national chains on quality, service, and curricula but offer local advantages and a true bi-lingual capability.
We are referring to these as the Kindercare parents. Ford is a preschool teacher and is director-qualified for infants and toddlers.
Location- Child care is a local business that requires daily transportation to and from the center; therefore it is vital that My Day Care Center features a safe and convenient location for the benefit of our customers and employees. John Vieco He is a dedicated, positive and outgoing caregiver who has been extensively trained in child development and early-childhood education.
Year 1, Month 8: Their Gaithersburg location is at Sioux Lane which is easily accessed by the affluent Kentlands neighborhood as well as routes and We believe that as we educate and develop enduring relationships with their children, the bargaining power of the parents will diminish and they will become less price-sensitive.
This means more families in need of more child care. Therefore, we are squarely positioning My Day Care Center as the most obvious choice in terms of service quality, price and convenience and this will be attractive to hundreds of area families, especially those who prefer local, women-owned businesses catering to those of Hispanic heritage.
Interior improvements — such as safety upgrades, lights, cameras — as well as rented furnishings should be in place by early December. Finally, locally-owned competing centers generally lack the financial and management capital needed to acquire a successful company. We intend to open our day care center on the west side of Gaithersburg, MD in close proximity to the affluent communities of Kentlands and Lakelands, but still within 15 minutes of Shady Grove Metro station and the historic East side neighborhoods.
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