This page can gives advice and assistance in relation to the preparation of Business Plans, for short, medium and long term planning.
All Early Years Providers are encouraged to produce a business plan.
A business plan should include the following information:
- Mission Statement - This describes the purpose for which your organisation exists
- Details of the Business - this will include legal structure, trustee/owner details. Main contact for the organisation, incorporation reference number, charities commission reference number
- Strategic Objectives of the Business - These will include all short, medium and long term objectives, that are required to achieve aims and missions of the organisation
- Analysis of need - This will include a customer profile and feasibility study (if one has been carried out)
- SWOT Analysis - This identifies the internal strengths and weaknesses and external opportunities and threats
- Childcare details - Details of the types of childcare on offer
- Ofsted details - Ofsted registration number if applicable and latest inspection result
- Staff - Details of all staff and volunteers working within the organisation, including qualifications held
- Quality Assurance - details of any quality assurance scheme your organisation is a member of
- Fee Structure - details of fees prospective customers can expect to pay for each service
- Competitor Analysis - Details of competitors within the local area
- Financial Plans - 3 year cash flow analysis
- Marketing Plan Overview - This will be a brief overview of the more detailed information held within Marketing Plan
- Performance, Monitoring and Evaluation - Include how you will monitor cash flow, and progress against the Business Plan
Useful Downloads
A sample business plan for childcare providers
