Preschool Business Plan

9 Chapter Business Plan Template in MS Word, Google Docs and MAC Pages
Pitch Deck Template in PowerPoint, Keynote & Google Slides
5 Year Financial Model Template in MS Excel, Google Sheets and MAC Numbers
Financial Dashboard Template in MS Excel, Google Sheets and MAC Numbers
Business Model Canvas Template in MS Excel, Google Sheets and MAC Numbers
SWOT Analysis Template in MS Excel, Google Sheets and MAC Numbers
Competitive Analysis Template in MS Excel, Google Sheets and MAC Numbers

I.- Preschool Executive Summary

Business Overview

[Company Name], located at [insert location here] has been providing quality education to the community’s preschoolers since [year established], [Company Name] has had over 1,200 wonderful and amazing preschool graduates.

We understand that the early years of learning are the most crucial part, therefore in our school, we offer a low teacher-to-child ratio, where teachers can focus on their students. Our preschool business plan offers a fun and safe environment for learning and in our school, we not only value academic excellence but also the social, emotional, and psychological well-being of our students.

Services

[Company Name] has created a preschool business plan that offers premium early education at an affordable tuition fee. We provide a fun learning experience for children to explore their true potential and a safe space where they can freely discover and express themselves.

Customer Focus

[Organization Name]’s preschool business plan primarily seeks to serve children within a 5-mile radius of [location]. The demographics of our target market includes 24,226 residents with an average income of $44,200, 61.9% of which are married. It should also be noted that the target market consists of young couples who make up 53% of our target market and their median age is 35 years.

Management Team

[Company Name’s] principle is [Founder Name] who has been working as a teacher for more than 12 years and leveraged his experience to create a reasonable preschool business plan. [Founder Name] has successfully led [School Name] for the past 5 years as its principal.
[Founder Name] is supported by a team that includes [Founder 2] and [Founder 3] that have experience teaching students, managing finances, and running businesses. Specifically, our team has solid experience in being effective teachers, connecting to different types of students, and achieving key goals.

Success Factors

[Organization Name] is uniquely qualified to succeed in launching its preschool business plan as [Location] does not have a lot of preschools that offer affordable, quality education for young children, and our teachers are passionate and skillful. Our teachers can also easily adapt to any learning style a child may have. Further, a low teacher-to-student ratio allows for more one-on-one attention and the management team has a track record of success in achieving the goals of our organization and other organizations for which we have worked. Finally, members of our community fully support and believe in our mission.

Financial Highlights

[Company Name] is currently seeking additional donations of $380,000 to fulfill its mission to launch a preschool business plan. Reflected in our preschool financial model is the use of $80,000 for salaries, $180,000 for the cost of books, toys, desks, chairs, etc., and administration expenses of $120,000 to pay for lease costs, ongoing operational expenses, marketing.

II.- Preschool Business Overview

Who is [Company Name]?

[Company Name] has created a preschool business plan that seeks to give the children of [Location] a safe and secure place to learn and explore their potential. Our preschool offers a close and personal learning experience, catering and adjusting to each of the children’s needs accordingly.
The school environment provides parents the feeling that their children are secure and well-taught without compromising the ‘fun’ in education. We understand that the early years of learning are the most crucial part, therefore in our school, we will offer a low teacher-to-child ratio, where teachers can concentrate on their students. [Company Name] does not only value the child’s academic excellence, but also their psychological, social, and emotional well-being.

[Company Name]’s History

[Company Name] started as an idea from a group of preschool teachers, namely, [Founder 1], [Founder 2], and [Founder 3] who leveraged their experience and created a preschool business plan fit for the community. They are university pals who are passionate about teaching and children. They have seen the lapses of the educational environment in [Location] and wanted to create a preschool that addresses the lack of hands-on teaching to young children.

Their plans to build a school started in [year], but it was only until [month, year] that they finally worked on all the paperwork and the legalities. [Founder 1] will act as the principal as he/she has had previous experiences with overseeing a school. [First Name 1] worked as the principal for [insert school] for over 5 years.
[Founder 2] also has a solid teaching background and has worked as a head faculty teacher at [insert school] for 7 years. [Founder 3], although having earned a major in education, he/she managed a familywork business and also worked part-time as a substitute teacher in [insert school].

[Company Name]’s Products/Services

[Company Name] is dedicated to teaching the children of the community and making a positive impact on their lives.

In order to achieve this, we offer many services including the following:

• Have passionate teachers that genuinely care for the children and have the skills to teach different types of students


• Low teacher to student ratio for better learning


• Affordable, quality education


• After-school tutoring services


• School gatherings and events to develop children’s social skills


• Clubs (sports, arts, math, etc)

III.- Preschool Industry Analysis

The preschool industry has experienced significant growth in the past five years. The key industry drivers are economic growth, the rise in awareness of the benefits of early learning, and an increase in the number of families with both parents working. Further, government initiatives to support childcare, rising corporate profits which enable companies to spend more on social benefits to employees, and awareness of the benefits of early childhood education, will drive growth.

The recognition that early education influences child development has led the US government to turn its attention toward early learning. Government assistance programs range from childcare subsidies to programs. It is predicted that over the next five years, public funding will increase, and thus, this is an important industry driver.

A rise in the population aged four years old will also be one of the major factors driving revenue over the next five years. This age group’s population is expected to rise at an annual rate of 3% over the next five years, thus driving demand for industry services.

Given the information found and mentioned previously, our team combined this with findings from its preschool feasibility study to create the preschool business plan focused directly on our community. Thanks to the extensive research performed we are sure our management team will see a successful business launch.

What you Get in Your Preschool Business Plan Package

IV.- Preschool Customer Analysis

Profile of Target Market

[Company Name] has created a preschool business plan that seeks to serve the families and the children in [company location]. The area is mostly populated by young couples and new families that have disposable income and can pay a premium for their children’s education.

Demographics

The precise demographics of the town in which our location resides are as follows:

Customer Segmentation

[Company Name] has created a preschool business plan that primarily targets couples who have preschoolers, preschoolers, and new couples.
We will offer a safe environment where the children can learn and where these parents will feel comfortable entrusting us with their children. Further, children ages 3-5 years old are our target students. We will build a child-friendly and fun atmosphere where the kids can freely express their thoughts and feelings.
Finally, the majority of the young couples plan to have kids and they are most likely to plan for their children’s future as well. [School Name] will build a reputation that will make people want to enroll their children with us.

V.- Preschool Competitive Analysis

Direct & Indirect Competitors

Upon finishing our preschool feasibility study, [Company Name]’s management team found Kidz Academy, Preschool Village, and Little Sprouts will be our three main competitors.
Established in 1999, Kidz Academy is an early childhood academic preschool program that combines phonics and whole language concepts to achieve early reading and early learning. Kidz Academy’s curriculum is widely used both nationally and internationally. Classes offered include preschool, kindergarten, and dance and enrichment activities.

Founded in 2003, Preschool Village is an early education school designed to develop a basis for learning, growth, interaction, knowledge, and confidence. Preschool Village teachers use the Saxon learning curriculum paired with its proprietary 5-senses curriculum that reinforces skills while focusing on lifelong learning. Preschool Village’s offerings include private tutoring, music, art, dance, 2-year-old preschool, 3-year-old preschool, and 4-year-old preschool.

Finally, Little Sprouts strives to provide a high-quality, safe, play-based learning environment for children from 6 weeks to school age. This private preschool – operating from three locations – uses a whole-child approach to meet the intellectual, social, behavioral, and emotional needs of its students. Programs are offered on a weekly or monthly basis and include breakfast, lunch, and afternoon snacks. Class offerings include infant, toddler, preschool, kindergarten enhancement, and after-school programs.

What you Get in Your Preschool Business Plan Package

Competitive Advantage

There are several schools in [Location] however none of them provide the same quality of education that we at [Company Name] provide. Our preschool business plan highlights value-creating services that include our location, passionate and skillful teachers, lower teacher-to-student ratios, and affordable quality education.
[Company Name]’s location is near the center of town, giving members of our community easy access to the parents and the children. [Company Name] has further created value by only hiring those with a strong teaching background who are gentle and skillful in handling all types of children. To support this, we also focus on a low teacher-to-student ratio for better learning. Finally, most of the schools in the area offer their services at a very expensive price. Our fees will be moderately low so that a lot of people can experience good education without a premium cost.

VI.- Preschool Marketing Plan

The [Company Name] Brand

[Company Name] has created a preschool business plan that will focus on the school’s unique value proposition. Our value-creating services include providing premium education and care to preschoolers at an affordable price, providing a safe and fun place for children to learn, and assuring parents that their children will reach their full potential.

Promotions Strategy

[Company Name] preschool business plan and promotion stratagem seeks to reach its target market through direct mail pieces, public relations, advertising, and ongoing customer communications.

[Company Name] will blanket neighborhoods with direct mail pieces. These pieces will provide general information on [School Name] and will discuss program offerings, school curriculum, faculty and facilities, and school environment. We will complement this marketing strategy through advertisement efforts. [Company Name] does low-cost advertising in local newspapers and sponsors community events to gain awareness. The company will also distribute flyers in the city for personalized advertising.

Further, we will frequently contact local and area newspapers and television stations to tell them about the value proposition of [Company Name] and will maintain a website and publishes a monthly email newsletter to tell constituents about new events, accomplishments, and more.

VII.- Preschool Operations Plan

To launch [Company Name]’s preschool business plan, the organization needs to perform service and administrative functions. Service roles we will seek to fill will be teachers, administrators, and security while administrative functions will require those who can manage bookkeeping, legal needs, marketing needs, and the enrollment process and customer care.

What you Get in Your Preschool Business Plan Package

Milestones

[Company name]’s long-term goal is to offer the best quality of education to all the preschoolers of the [city] area. We seek the standard by which other providers are judged.

The following are a series of steps that lead to our vision of long-term success. [Company Name] expects to achieve the following milestones in the following [xyz] months:

VIII.- Preschool Management Team

Highlighted in our preschool business plan are the roles which the founders will take on. [Founder 1] will serve as the principal, [Founder 2] will manage the school's finances, and [Founder 3] will manage marketing and the business side of the preschool.
[Founder 1] serves as the principal/head of the [Company Name] he/she manages and oversees the school. [Founder Name 1’s] prior work was to be the principal for [insert school name]. He/She also has a lot of experience teaching students as he/she taught for more than 12 years now.
[Founder 2] manages the school’s finances. She/he has a degree in accounting and a second degree in education. [Founder Name 2] also has a good teaching background and has worked as a head faculty teacher at [insert school] for 7 years. With her double degree, she can both be the school’s treasurer/auditor and a teacher as well.
[Founder 3], although having earned a major in education, he/she managed family business and also worked part-time as a substitute teacher in [insert school]. She/he is in charge of the marketing and business side of the preschool. She/he also is the main contact person for potential organizations/sponsors/donors.

Hiring Plan

In addition to our current team, we have created a preschool financial model that supports the hiring of 2 maintenance staff who will fill the roles of janitors and repairmen, 1 security guard, 2 full-time teachers, 2 substitute teachers, and 2 cafeteria staff.

IX.- Preschool Financial Plan

[Company Name]’s preschool financial model reflects how revenues will come from student tuition fees and donations from both individuals and corporations.
The major costs for the company will be staffing, location maintenance, equipment, and materials. In the initial years, the company’s marketing spend will be high, as it establishes itself in the market.

Capital Requirements and Use of Funds

[Company Name] is currently seeking additional donations of $380,000 to fulfill its mission to launch a preschool business plan. Reflected in our preschool financial model is the use of $80,000 for salaries, $180,000 for the cost of books, toys, desks, chairs, etc., and administration expenses of $120,000 to pay for lease costs, ongoing operational expenses, marketing.

Preschool Financial Plan Sources And Uses Report

Key Assumptions

The following table reflects the key revenue and cost assumptions made in the financial model:

Preschool Financial Plan Core Inputs

Preschool Financial Plan Top Revenues Report

Preschool Financial Plan Top Expenses Report

Preschool Financial Plan Income Statement

Preschool Financial Plan Cash Flow Statement

Preschool Financial Plan Balance Sheet Statement