A CHILD DAY CARE

A child Day care

Executive Summary

I wanted to start a daycare centre “Tiny Tots Daycare Center” which will be located in Minneapolis. Daycare is the provision of care for children through either a daycare center (nursery) or, family-run home daycare. Daycare differs from individual childcare by babysitters or nannies in such a way that it provides care for several children at one time. Daycare is typically used by working parents to care for children below the age of 5; however, many daycare facilities also offer before- and after-school care. Both children and mothers of young children can benefit from affordable, quality daycare.

Many consider daycare to be an investment in the future of their children and a means to promote equality for disadvantaged children. A variety of methods are used to finance daycare, ranging from direct government sponsorship and provision of services to tax credits for parents who pay out-of-pocket expenses for daycare. Finding and securing high-quality childcare represents an affordability challenge for many working families, who must balance the costs with quality, often making sacrifices on either end of the bargain.

Table of Contents

What business are you in?4

Who is on the team?4

Where will you locate and why?5

What is your product or service?5

Why we should invest in your company?6

Overview of industry7

Daycare8

Historic Background8

Daycare Centers and Home Daycare9

Regulation of Daycare10

Financing Daycare10

Mission Statement12

Explanation of business type12

Legal structure13

Name and location14

Description of service and why it is need and what makes it unique.14

Describe the Company's position and pricing strategy15

Conclusion17

References19

Appendix21

A Child Day care

What business are you in?

My business is a daycare centre. Daycare is the provision of care for a child through either a daycare center (nursery) or family-run, home daycare. Daycare differs from individual childcare by babysitters or nannies in that providers care for several children at one time. Daycare is typically used by working parents to care for children below the age of 5; however, many daycare facilities also offer before- and after-school care.

Who is on the team?

In my team there are

completer/finisher

coordinator

implementer

monitor/evaluator

plant

resource investigator

shaper

specialist

Team worker.

Where will you locate and why?

I wanted to start my business in Minneapolis as In Minneapolis, daycare centers and homes are licensed by the states, and standards vary accordingly. The National Association for the Education of Young Children provides recommendations on the organization and structure of daycare centers. Features of quality care include small adult-to-child ratios, group size, caregiver's education level, safe physical environment, and age-appropriate learning activities. It is important for parents to understand that not all providers are licensed. Within the Minneapolis, individuals can learn about specific providers and regulations by contacting their state. Many states use Health and Human Services departments to license and regulate daycare providers.

What is your product or service?

My product is a day care center. Center-based childcare is the most school-like of the three options, with many children enjoying planned activities, meals, naps, and care together, often with an early education focus. Children in center-based care are typically grouped by chronological age with teachers who focus on developmentally appropriate activities ...