EXECUTIVE SUMMARY

BUSSINES DESCRIPTION.

Red Balloon Daycare is a new, locally established daycare and preschool located in Eldoret.  Red Balloon Daycare will offer a variety of services that range in age from infants to twelve years old. The daycare will foster a nurturing, loving, safe environment where a child will feel comfortable while learning foundational skills that will enable them to have a successful cognitive, behavioral, and emotional successful childhood.

Red Balloon Daycare’s curriculum is developed with the latest innovative learning methods and techniques so that each child will receive proper foundational skills taught in a positive manner while providing a fun and enriching learning environment.

MARKET PLAN

Red Balloon Daycare will focus on families living in and around Round Rock, Texas that are either starting out or have young children. They will target nearby businesses so that working parents will have another option in daycare. They will also target nearby elementary schools so that parents will have access to their before and after school programs

ORGANISATION AND MANAGEMENT

The business will be managed by the owner who is   the manager. The business has a total number of eight employee’s i.e the manager, her assistance, a cashier, three teachers, one cleaner and a security guard. The business will be taking its employees for training. The business will need support from commercial banks

OPERATION OR PRODUCTION PLAN

The business will need equipment’s, furniture, vehicle and other assets for it to run smoothly. Therefore the business will purchase computers to store business and employees documents and transactions .There will also be purchase of CCTV cameras for security purposes into the business, a vehicle for transportation of goods to the business. The manager will be in charge of the business, while the cashier will be keeping accounting records and making sure that all bills are paid and the goods supplied are paid for. The business is a services industry where it involves buying and selling of goods and commodities in the premises.

FINANCIAL PLAN

The business will start with initial capital of 550,000 which comprises of both owners capital and bank loan. The cashier will prepare all the books of accounts to show the financial positon of the business. Should preparing from the time the business starts, she will prepare a pre operational cost table from there she will prepare cash flow project for that year. This will help in determining   whether the business is making profit as it is the wish of  every business.