Child Day Care Services Business Plan

Kid's Community College

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Company Summary

2.0 Company Summary

Kid's Community College® - Lake St. Charles Campus will be located in Riverview, FL. The College will employ six fundamentals that will serve as the driving force for the services offered:

• Premier Care Giving Services
• An Activity Based, Children Structured Collegiate Curriculum
• Advanced Technology and Developmental Programmes
• Trademarked General and "Continuing" Education Mentoring and Tutoring
• Learning Services
• Community Advancement and Involvement

The Lake St. Charles campus is a newly constructed, 3,600 square foot facility in the Lake St. Charles Medical Plaza and will be developed meeting strict KCC design standards, under close supervision of Hillsborough County child care Licensing.

2.1 Company Ownership

Kid's Community College® is a privately-held proprietorship owned in majority by its founder and president, Timothy Bernard Kilpatrick, Sr. There are also two silent partners, neither of whom owns more than 10%, but will be active participants in daily operations, management decisions and consulting, though they do not own a financial stake in the company.

Once the operation reaches its anticipated growth and profitability goals, the college plans to franchise and will re-register as a limited liability company or as a corporation, whichever will better suit the future business needs.

2.2 Start-up Summary

The college founder and president, Mr. Kilpatrick, will oversee fiscal responsibility, employing an independent Accountant for financial oversight. A Campus Director will be hired to handle day-to-day operations of the facility and will work collaboratively with the silent partners and other campus personnel to ensure a successful business venture.

As reflected in the table below, the estimated start-up costs for KCC will be £39,450. These costs will be financed solely by the owners' personal cash funds and optional credit lines. An anticipated £60,000 SBA guaranteed 5-year loan will be used as working capital. Future expansion, growth and franchising strategy will be self-financed.

Start-up

Start-up
Requirements
Start-up Expenses
Legal	£1,000
Stationery	£250
Brochures	£500
Insurance	£1,500
Rent	£8,250
R&D	£500
Consultants	£1,000
Playground Equipment	£3,500
Playground Prep	£700
Playground Fence	£3,000
Furnishings	£7,500
Toys	£3,000
Buildout	£8,750
Total Start-up Expenses	£39,450
Start-up Assets
Cash Required	£65,550
Other Current Assets	£14,130
Fixed assets	£0
Total Assets	£79,680
Total Requirements	£119,130

Start-up Funding

Start-up Funding
Start-up Expenses to Fund	£39,450
Start-up Assets to Fund	£79,680
Total Funding Required	£119,130
Assets
Non-cash Assets from Start-up	£14,130
Cash Requirements from Start-up	£65,550
Additional Cash Raised	£0
Cash Balance on Starting Date	£65,550
Total Assets	£79,680
Liabilities and Capital
Liabilities
Current Borrowing	£0
Fixed liabilities	£60,000
Accounts Payable (Outstanding Bills)	£0
Other Current Liabilities (interest-free)	£0
Total Liabilities	£60,000
Capital
Planned Investment
Owner - Kilpatrick Cash	£45,000
Owner - Kilpatrick Credit Line	£12,500
Other Assets Invested	£1,630
Additional Investment Requirement	£0
Total Planned Investment	£59,130
Loss at Start-up (Start-up Expenses)	(£39,450)
Total Capital	£19,680
Total Capital and Liabilities	£79,680
Total Funding	£119,130

Start-up



2.3 Company Locations and Facilities

Kid's Community College® will begin with one location - a newly constructed 3,600 square foot campus in Riverview, FL located near the entrance of the upscale Lake St. Charles subdivision. The campus is in the Lake St. Charles Medical Professional centre and will boast separate halls for arts and crafts, theatre and dance, information technology, library and quiet study, tutoring, infant care and a cafeteria. The play area will be adjacent to the campus and will be securely fenced and furnished with appropriate playground equipment and facilities.

Three additional campuses are planned in the rural Tampa marketplace over the next four years. Franchise start-ups will be offered in the Orlando, Miami and Jacksonville marketplace after 2 years of successful operation.