Friday, October 25, 2019
Business Plan - Nursery ::
I have selected a nursery because there is high demand in the UK as well that there is a reasonable amount of profit      SUMMARY    PEOPLE    I intend to employ on 3 to 4 employees along with my self and cater  for approximately 12-20 kids once the business has established itself  then I may decide to expand and cater for more children.    THE PRODUCT    I have selected a nursery because there is high demand in the UK as  well that there is a reasonable amount of profit, which can be made if  the business is planned out correctly. One of the main reasons why  demand is so high is that more women then ever before are going to  work, and therefore day nurseries provide a suitable environment for  their children to be looked after in.      THE MARKET  ----------    One of the main reasons why demand is so high is that more women then  ever before are going to work, and therefore day nurseries provide a  suitable environment for their children to be looked after in.    PRODUCTION    Since my business is basically a service that is a day nursery hence  there is no production involved it is the services, which I provide to  my customers. I offer milk to the kids, if any of the kid needs milk I  will be offering them, then there will be a rest room in which those  kids who are tired can sleep in that room, the third service which I  offer is playing, I will be having a room in which all the toys will  be there all the kids can play there, my childminders will play with  them, and the fourth service is giving the kids basic education.      EXPECTED PROFIT    For my business to be successful it is very important that it should  make profit , so at the end of one year I will be making a profit of  à £2454 which shows that my business is going to do well, its just the  starting as and when my nursery becomes popular among the people I  thing it will be doing well and making more profit.    FINANCE NEEDED    As mentioned in financial and production plan I will be looking to  obtain a loan of à £5000 from the bank. If the bank rejects my  application, then I will consider getting a sleeping partner so that I  can apply again for lower amount. I could also find a partner and then  half the investment. This is because currently I have personal savings  of à £3500 and could use à £2500 of this to open my business with my  partner. When discussing the plan with my father, he agreed to help    					    
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