These are external links and will open in a new window Close share panel Image copyright Newscast The future of 21 Mothercare stores has been left uncertain after the struggling retailer admitted that its advisers, KPMG, got their sums wrong. Last Friday, the firm said lenders had backed a restructuring plan including store closures and rent reductions. This division includes 21 stores, of which one was due to close while the rest were due to see lower rents.
But parents may be reluctant to support or fund the start-up costs for the business without a solid business plan. A good business plan lists the expected start-up costs, the purpose of the business, a marketing plan and the expected profit from the business.
A party planning, baby-sitting or lawn care business are all examples of businesses that kids can do on their own.
Come up with a mission statement or purpose for the business. For example, if you want to operate a baby-sitting service, state the service you will offer, the kind of care you want to provide and how your baby-sitting service will be different from others.
List the operating and start-up costs associated with beginning a business. This can include any training you need, such as CPR training if you are going to baby-sit, and the cost of marketing your business to people in your area. If you need additional equipment such as toys for a baby-sitting box or a lawnmower or weed eater, list those costs as well.
Create a marketing plan as part of your business plan. This can include creating fliers and business cards to deliver to neighbors, creating a website if you plan to sell things online or discounts for referrals to current clients.
Determine how much you will charge for your services. For baby-sitting you may charge per child per hour. For lawn care, you may charge per service and the size of the yard or have a monthly fee according to how often they want you to mow the lawn.
If you are doing a party planning business, you should charge for party supplies as well as the time you are required to be at the party. Put your proposal in a folder and present it to your parents. This is good practice for when you start a business as an adult. If you plan on paying the money back, tell them when you will do this and set up a payment plan with a set monthly payment.
Implement your plan and begin earning extra money. As you operate your business, you may see areas where you need to make adjustments, such as your fees or the costs of operating the business.
Make these adjustments as needed. Among her many jobs, Miriam C has taught middle-school students.The children we consulted to inform this year’s business plan were concerned about those growing up abused and neglected, those in poverty, and children who were ill.
In order to show the lived experiences of children with multiple disadvantages, we will focus on the lives of children who are poor and living with additional vulnerabilities. Instructor Comments: The sample business plan is taken from a website selling business plan software and is not the product of a student assignment.
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Are you about starting a daycare (child care or creche)? If YES, here is a complete sample daycare center business plan template & FREE feasibility report. Nov 21, · President Trump is sending a plan to Congress that calls for stripping more than $15 billion in previously approved spending, with the hope that it .