Writing a nursery school business plan
Writing a nursery school business plan
Writing a nursery school business plan
Your nursery school business plan is a record that describes your nursery school business with its objectives and shows how those objectives ought to be achieved.
It is a crucial tool for raising finance, as well as - bank overdrafts, loans and venture capital.
The business plan should be modified for the likely lender or the financier. The subject matter of the business plan should imitate the potential interests of the lender and encourage support for your nursery school business venture.
Your nursery school business plan isn't just for getting you the investment you need - it's main objective should be to point the route in which your nursery school business is heading.
Do not fill your plan with big words for the sake of it - your investor might not have a clue about the prospective business - just a shed load of cash that they want to throw at new businesses - they aren't necessarily going to known the nursery school business acronyms that you use on a day to day basis. Don't be afraid to use diagrams in your plan - this will break it up as well making it easier to read.
Take a crack at making the plan as optimistic as possible but don't shy away from any observable problems there may be in setting up your nursery school business as your investor will likely have thought of them anyway; so if you can get their first and counter the likely questions before they think of them so much the better.
Arrange your nursery school business plan in a reasonable style including clear and accurate headings - do not be worried to waste paper - start new headings on a clean fresh piece of paper - it will make the article look more authoritative and make it easy to find stuff for your financier.
Keep all the figures between the main body of the article and your appendices - if you put large sections of figures in the body of your article you'll distract your financier from the flow of the business plan.
If your business is a new venture then give background information as to why you intend to start it. State the major advantages of your product or service. Point to possible markets and give reasons for your pricing policy and selling strategies. Identify the competition and outline your proposals for dealing with it. Be positive but brief.
Stress the knowledge and awards of you and your management team and show how their skills can be harnessed to acquire growth potential and profitability. Give information on employment requirements including CVs for superior management in the Appendices and, if applicable, an organisation chart to illustrate the management arrangement.
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