Difference between revisions of "Planning a Business: Childcare"
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Revision as of 14:52, 15 June 2023
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Needs Assessment
- What have you thought about so far?
- Do you have a business plan? If so, next question. If not, general starting a business resources.
Question Index
Marketing
Questions related to marketing in general and applicable across contexts.
- How do I find out who my potential customers are?
- How might I reach my potential customers?
- What kinds of marketing activities are possible?
Here are some industry-specific additional pointers:
Competition
Questions related to understanding competitors in a market
Here are some industry-specific additional pointers:
Revenue/Sales
- How can I estimate how much I could earn from my business?
- How might my potential customers pay for my goods and services?
- What kinds of sales channels are possible?
- What kinds of revenue streams are possible?
Here are some industry-specific pointers:
- Market Rate Surveys are conducted by Maryland Public Schools - July 2019 Survey Rates
- Might also be helpful to get in touch with local associations. Here are some that are currently active:
- http://www.pccpnpgc.org/
- http://latinochildcareassociationmd.com/ (had an event as recently as May 2021)
- MD State Organization: https://www.msfcca.org/
Expenses/Operations
Here are some general questions/resources
- What might it cost to run my business?
- How do I find out who my potential partners are?
- How can I find or choose a location for my business?
- How do I get medical benefits for myself and my employees?
- Where can I get funding?
And here are some industry-specific pointers:
Legal
Here are some general questions to consider
And here are some industry-specific pointers:
- This link has a helpful guide for how to find the right regulations for childcare businesses in Maryland: https://earlychildhood.marylandpublicschools.org/regulations
- People at the Resource:Prince George’s Child Resource Center can assist with navigating the right regulations for your childcare business
Business Plan
Here are some general questions to consider
If a business plan draft is ready and it may be time to look to local resources for registering and Launching a Business.
And here are some industry-specific pointers:
