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A business plan describes you and your child care business. It is a way to look objectively at your business before you start and after you are up and running. It should be an operating tool to help you manage your business. It is a professional document, to be done in a business-like style, which can be shared with lenders, board members, funding organizations and parents. It is to be reviewed, updated or changed on a regular basis as you and your business progress. Much of the needed information can be found in your Due Diligence report. Go to “Downloadable Resources” for worksheets on Business Planning, Start-Up Costs, Operating Expenses, Revenue Assumption and Break-Even Analysis.

 

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