Executive attend the best and most qualify facilities, our

Executive Summary The Childcare Learning center for Autism is safe kids care with full-service of 24/7, the midsized development facility cares for children that have special needs or disabilities. The center will be servicing children from the ages of three years to seventeen years of age. These personally ambitious parents are typically eager in terms of their children’s development and they are willing to pay at a reasonable cost to have their children’s attend the best and most qualify facilities, our services are safe and secure. We have many reason to be proud of representing our Childcare Learning center for Autism.The Market: 3 We have done an extended research and have come to the conclusion that child care market is very competitive in the South Florida area. There are over 150 different facilities. There are several types of facilities. the larger style is commercially run, typically a corporate or franchise business, these facilities are regional as well as national. Currently, the larger child care entity in the United States is accountable for about 28% of the market. There are smaller entity and locally run and owned facilities.While largest business can receive between 10-100 children’s, the local centers typically have maximum capacity required of 20 children. Our center will be having strategies to differentiate themselves, by pricing structure where our services will be priced at 5%-10% less than any larger commercial facilities. our customer service will be the highest quality. We will spend extra to evoke and train the best staff.The Management Team: Will be lead by a team of professionals with background on the management, supervision, accountant a social worker entrepreneur and some friends that will helped grow the business.Industry and Market Analysis In a society where it is more common children are diagnosed with Autism Spectrum Disorder (ASD) or have the symptoms the need for assistance for working parents is an essential one. Facilities that offers affordable childcare services for children zero to five years of age with ASD is limited. 4 Families of children with ASD face significant economic burden. On average, families of children with ASD earn 56% less than families of children with no health limitations. Due to the fact at least one parent is unable to be employed or work less hours per week.Our childcare will provide working families with the same options and affordable payment plans. The hours of operation are set to the convenience of families who works evening hours. Our childcare will abide by the same guidelines and bylaws of a nursing home and other day cares to assure that the environment is safe and in proper conditions. Our licensed and skilled staff will meet all medical needs and criteria. Our goals are to assure parents are comfortable with the care of their children. In addition, to provide and educational and fun experience for all children.This industry is not crowded and there’s a growing need. Although the opportunities are great, there’s some competitive edges. Those competitive edges are getting and maintaining licenses and certifications & recruiting and hiring qualified staff.Our sales strategy is to profit by providing quality care and services to our children and families. We plan to gain advertisement by word-of-month from our parents and Pediatricians within the community. With those strategies we plan to gain clientele throughout the first year.Product or Service Analysis · The customers that will purchase our service will be just about everyone that has a child with ASD. The occupation and the amount they does not matter, but they should have some type of health insurance to cover majority if not the whole bill when we bill the parents or guardian of the child.· Depending how severe the symptoms are of the child, it would roughly be $1,000 per child per day. This includes nurses, therapists, a room, and medication from our facility.· Yes, we would make a profit from our service because many kids get diagnosed now and days with autism. A study shows that for every 68 kids, 1 of them get diagnosed with autism spectrum disorder (ASD) and 1 for every 42 boys.5 There are 1 in 68 children (1 in 42 boys and 1 in 189 girls) having autism spectrum disorder (ASD) in the country under the age of 18, and of these, 57 percent of all the infants have working parents. Plus, there are 9.9 million single mothers in the nation.Just thinking about all the parents out there that may work the overnight shift in hospitals, factories, convenience stores, and other settings. Autism overnight care is essential to the health of the child, not to mention peace of mind for the working parent.5 The Centers for Disease Control and Prevention (CDC) reports that 52 million US autism children live in homes with two parents, possibly leaving one parent able to watch the child overnight while the other one works. But what are the other 21 million parents supposed to do when many of them work the overnight shift and don’t have another parent to rely upon to watch the child? These parents still need to find quality child care.Not only do some parents work the third shift and need someone to watch over their autism children as they sleep, but some others may struggle to get caught up on some much-deserved sleep themselves.Also, for those parents working the overnight shift, they may end up getting off work about the same time that their child is waking up. After working all night, they may not be ready to face a long day of taking care of an autistic baby or toddler. This is another concern for parents on this shift, who may be too exhausted to feel like they are fully alert to watch their children. If this is the case, it may be advantageous to arrange for a couple of hours of sleep prior to taking over the care of the child.There are also many parents who do not need overnights and want someone who is just willing to stay very late and dedicate some adult time with one another to maintain a happy marriage. This will help to allow spouses to enjoy a simple dinner or movie night out.6 · Discuss opportunities or threats facing the proposed business.One of the negative aspects of autism night care is that child care is normally offered at home. 5 Children tend to get nervous when being put to bed by someone other than their parents. Having the autistic child go to sleep in his own bed is not only comforting, but also helps him/her maintain a good routine. Some family members or sitters will agree to provide the service preferably at the child’s residence.An autistic child who separates happily from their family during regular care may not do so during overnight care, particularly when this occurs infrequently or is a new experience for the child. Autistic children, and particular young children, are often tired during the evening, and can be very reliant upon their own home environment and routine at this time of the evening. They may experience difficulties separating from their family and settling into overnight care. This would require having an overnight social worker to talk or nurture the child would needed and could finically be expensive for the facility. 7 Children with autism require specialized programs and services, highly qualified personnel, or one-on-one assistance to protect them from harm. When a school is aware of the characteristics and needs of a child with a disability, its duty is to supervise the student in a way that ensures his/her safety extends beyond the professional standard of care for the general student. A student death or serious personal injury restricting may constitute negligent supervision and render the school liable for damages. 8 Therefore, there are many daycare businesses that face a potential liability lawsuit. Even if the charges are dropped, the ensuing legal defense fees can be quite expensive. Liability insurance provides coverage for any court costs and legal fees associated with any covered event. Below are many of the types of insurances that a daycare facility needs and are all quite expensive.· General liability: 9 This provides coverage for property damage or personal injuries suffered by third-parties while they are in your place of business.· Premises liability: 9 This provides coverage for the area surrounding your daycare facility including the parking lot and play areas.· Professional liability: 9 This insurance covers your teachers and childcare workers.· Corporal punishment liability: If one of your employees strikes a child or is accused of administering corporal punishment, your business can be held liable.· Abuse and molestation liability: If an employee of your daycare turns out to be sexually or otherwise abusive.· Umbrella liability protection: This coverage provides additional liability protection beyond the limits of your insurance policy liability limits.6 · Describe the technique that you used to find answers to the questions above (The techniques can include telephone surveys, personal interviews, and sales figures on existing products, statistical and published information in your target area, informed opinion of knowledgeable people and test marketing).· Autism Speaks videos · National Childcare Accreditation Council.· census.gov · autismsociety-fl.org3 Financial Analysis Numerous aspects need to be cautiously evaluated to regulate the feasibility for development of a child care center or development of a current one.Several key factors include:1. 3 The physical marketplace area that the center will serve. Factors that influence its size include drive times, outlines of travel to work, competition, nodes of employment and psychological barriers.2. Rivalry 3. 3 The price of development 4. The excellence of care to be given 5.Available assistance for families 6. The target markets and the demographics 7.Operational cost.3 We will need to find a company that have extensive experience in conducting market and economic feasibility studies, including childcare facilities. Part of the feasibility is to be able to project current and future demand of childcare for autism children from students, staff and faculty, evaluating the center, recommend a development program, including quality of care standards and project development costs to make it affordable.Let me start by saying that Child care center start-up cost we will have some onetime costs to startup the business. These costs can be costly to start a center. I will set an example for 60 children’s, ages of 3 years to 17 years.EXPENSE ITEM CENTER (60 CHILDREN) Child Care Cost Educational Supplies/Equipment books, toys, ect)…………………………………………………….5,000 Marketing Cost Business cards, flyers. .. .. .. .. .. .. .. .. .. .. .. …….300 Website. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. 3 . ..500 Furniture & Improvement, Fixtures Indoor furniture/equipment (smoke detectors, fire extinguishers, computer, mats, etc.)..18,250 Outdoor equipment/furniture (playground equipment, etc.)…………………………………………9,800 Kitchen Equipment/supplies. .. .. .. .. .. .. .. .. .. .. .. 3 .3,480 Housekeeping equipment/supplies. .. .. .. .. .. .. .. .. .. 3 ..555 Office Furniture… .. .. .. .. .. .. .. .. .. .. .. .. 3 …..2,000 Renovation/building cost * Administrative Expenses Utilities Deposit. .. .. .. .. .. .. .. .. .. .. .. .. .. 3 ..150 Business phone. .. .. .. .. .. .. .. .. .. .. .. .. .. .. 3 ..220 Licensing/Fees. .. .. .. .. .. .. .. .. .. .. .. .. .. .. 3 .575 Insurance (hazard, liability, child abuse & neglect, bonding) …………………………………….3,220 Legal/accounting fees. .. .. .. .. .. .. .. .. .. .. .. .. 3 . ….525 Professional development (CPR,etc)………………………………………………………………………….165 Working capital (6 months)………………………………………………………………………………..$32,800 Subtotal One-Time Costs. .. .. .. .. .. .. .. .. .. .. 3 ..$77,540 Contingency (15%)……………………………………………………………………………………………$11,631 TOTAL ONE-TIME COSTS. .. .. .. .. .. .. .. .. .. .. …$89,1713 *Renovations will very to be able to meet licensing requirement and cost of the building. Renovations in the daycare center could be as much as $50,000 or more depending in the location and whatever the space required. If we purchase a building for 150,000 and we will have renovation costs including contingency of 34,131.In order to start this business, we would need a variety of things such as a building, DCF License, Insurance, teachers, therapists, nurses, classroom items (chairs, mats, toys, etc.) and more we have estimated we would need about $100,000 at startup. Eventually, we plan to accept subsidized funding (School Readiness, VPK SIS, Mckay Scholarships and The Gardiner Scholarship Program) but obtaining these contracts/programs may take time. In order to get this amount, we plan to apply for a grant from the government, and if that falls through we would go ahead and get a business loan.When first starting up we expect to make a profit of $1500 a week. After obtaining the necessary contracts/programs we hope to see a net profit of $3000 a week