Kids Education Center Business Plan

Business Plan: Kids Education Center
Student’s Name
Institution
The Executive Summary
The kids’ education center business plan is a structured plan that aims at designing the working, objectives and way forwards of the incoming Venus Education Center. Venus Education Center is aimed at providing special education to physically challenged learners. With increased awareness of the importance of offering quality education to all kids, learners with disabilities have not been able to get this education. There are no many learning facilities that can offer this education due to the cost associated with it (Holmes & O’loughlin, 2014). The new business will come in as a way of filling in this gap. The main aim of the facility will be ensuring providing quality education to physically challenged learners with an end goal of making them equally capable of going for higher education that will land them professionalism and skills to compete favorably in the job market with other kids. This is what the globe is yearning for, getting all people a chance of learning (Darling-Hammond, 2015). The business will develop as a purchase of an existing educational facility, that is, St. Lutheran Group of Schools located in Alabama. The primary source of funding will be personal saving from the owners, The Carter Family since it was the idea of Mr. Steve Carter to come up with the idea. Additionally, federal funding from the federal government will also come in hand. The initial capital required will be around 9 million dollars with 35% of it expected to be the funding from the government.

The expenditure will be as follows:
Expense Period (Months) Amount (US $)
Facility acquisition 4 2.5 m
Renovation 8 2.5 m
Installation of systems and facilities 2 1.5 m
Recruitment of teachers and other special personnel 1 0.2 m
Marketing and Awareness 3 0.3 m
Running Cost ______ 2.0 m
TOTAL 18 9 million
Mission and Vision Statements
2.1 Mission Statement
Providing quality, affordable and accessible education to physically challenged education throughout Alabama.
2.2 Vision Statement
Converting the less fortunate physically challenged kids into a competitive human resource in the future job market through the utilization of quality education offered through the utilization of all forms of quality education.
2.3 Nature of the business
The business will be an education facility that has been renovated towards providing education to kids that are physically challenged. Since the previous facility that will be bought to create the new one is located in Alabama, the facility will also serve the people of the same area. By this, therefore, the facility will be focused on the kids located in Alabama.
2.4 Uniqueness and Competition
The uniqueness of the business is based on the fact that it will only specialize in kids with special needs. Additionally, it will be a full-time facility with all the boarding needs of the learners adhered to.
Despite being in a good position to make it, the main problem will compete. Most public schools in Alabama already offer some of this education. It is slightly easier for them to offer the education because of the education funding they get from the federal government and the department of education (Neher, Patterson, Duffield & Harvey, 2017). However, with proper use of technology, it will be possible to convince the parents to change their children to the new facility.
Values and Principles
Core Values and principles of the business include:
Quality services
Customer satisfaction
Integrity
Equity
Equality
Society involvement
Value addition
Accountability
Company History
3.1 Company Funding
St. Lutheran Group of Schools was an education facility that offered both lower and middle-grade education. It was a private institution mainly funded by the owners. Some donors also provided funding through the funding was not continuous.
3.2 Financial and Operational Highlights
At its peak, the facility operated around $ 0.7 million on a weekly basis. It was an educational facility that offered the traditional education, and that is why its expenses were slightly lower.
3.3 Significant Achievements
Despite being a private institution, during the recess of 2007/08, the facility was able to keep up with the pressing economic needs without having to cut-off its employees. More so, it was this same period that it had the best regional sporting results. Being the best in ladies football and boys basketball team in Alabama.
References
Darling-Hammond, L. (2015). The flat world and education: How America’s commitment to equity will determine our future. Teachers College Press.
Holmes, K. M., & O’loughlin, N. (2014). The experiences of people with learning disabilities on social networking sites. British Journal of Learning Disabilities, 42(1), 1-5.
Neher, C., Patterson, D., Duffield, J. W., & Harvey, A. (2017). Budgeting for the Future: The Long-Term Impacts of Short-Term Thinking in Alabama K-12 Education Funding. Journal of Education Finance, 42(4), 448-470.