subject: Sample Child Care Business Plans - Shortcut Your Writing [print this page] By seeking out a sample business plan or template for your child care business you can successfully shortcut the writing process, saving a significant amount of time and money in the long-run.
Sample Plans
Securing a sample plan specific to the child care business may be a tricky task. One way would be to contact successful child care centers in other states, specifically because they are not direct competitors of yours. Ask the owner if they raised money from the use of their business plan and if they would be willing to send you a copy so you can consider the structure they worked with. You will have to convince them of your intention to use this information to launch a non-competitive business, and they may want you to sign a legal document to that intent if they hear you out.
Templates
Getting your hands on a real sample plan may take a fair amount of time and still leave you uncertain of whether it was the plan which had a direct impact on the business's success or if there were other variables involved. You can be more certain of the relevance of a template created by a business plan company. Ideally, this template will be more than an outline and give an idea of what the narrative for your plan should look like. Also, if this is a product that is sold by an established and reputable company, there is likely to be support available to help as you customize this plan for your purposes.
Financial Model
The financial model is another challenge altogether. Making a robust financial model, usually a set of interrelated worksheets in Microsoft Excel, can take days if you are working from scratch, especially if you are learning the ins and outs of Excel at the same time. Buying a financial model that has been used and updated over time and can be simply adapted to your business will be extremely valuable. Not only will it save you time, but it will give you the confidence that the model works and you can try out different financial scenarios easily.
by: Eric Powers
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