Hi Friends.
Do you hate your job? Feel you are stuck in the wrong place? Want to be your own boss? Do your own thing? Love being around kids?
Pretty long list! But if the answer to these questions is an emphatic "Yes!" read on......
Ever thought of opening your own preschool? It's not as difficult as you might think it is. If you have a background in education as a teacher, administrator or if you have worked in an educational institution in some other capacity, that's an asset. Preschool industry trends indicate that the preschool education sector is the fastest growing service industry in the country, so it make good business sense to invest in this sector now.
First things first - Plan! Plan! Plan! right down to the last detail and put it down on paper. If it's not written, it's not going to happen. Write your business plan down. Don't know how to do it? Read some sample business plan related to providing educational and day care services on this link http://www.bplans.com/day_care_services_and_childrens_products_business_plan_templates.php
Setting your budget is an important step in the execution phase. A few basic requirements that will vie for a place in your budgetary allocation are:
1. Lease/rental cost for school building
2. Furniture and play equipment
3. Creating a play school ambiance
4. Staff salaries
5. Curriculum
6. Promotion/marketing expenses
7. Website designing and maintenance costs
This list is by no means exhaustive. Keep aside money for monthly operations until you have enough students to generate this amount and start making profit.
That's it for now. More on this topic in next post. Till them, Dream BIG and live your dream.
Best Wishes,
Playpen Team
