Kid’#8217;s Community College(r), seeks to make its students leaders of tomorrow. This is done by combining a unique, collegiate-based curriculum for children with superior child care services. Our college offers advanced technology programs, tutoring after school, and other activities like arts and crafts, theatre, gymnastics, and dance.
Kid’s Community College is a privately held corporation run by its owner, Timothy Bernard Kilpatrick, Sr. Mr. Kilpatrick has 17 years of Executive Management (VP) and Budgeting experience, and extensive experience with budgeting methodologies and strategic planning, including the Balanced Scorecard approach. His interest in computer science, as well as his advanced degree, is what drives our technology component. In daily operations, he will be assisted by an industry consultant, campus director and VP of education operations. They all have extensive experience working in the child care field.
Inflation continues to rise every year and the average American family needs dual or additional incomes. This has led to a growing need for high-quality child care services. We anticipate a growing market for this industry in the Riverview region of Hillsborough County. Price, service, certification and reputation are critical success factors in the child care services industry. Kid’#8217s Community College(r), will be competitive in this market by offering high-quality child-care services and cutting-edge educational programs. Our reputation with parents and our community is excellent.
This is a Kid’#8217’s Community College (r) daycare plan. The business plan will focus on two subdivisions, ‘ ’ ‘ ‘ ’ ’ ’ ’, which are new upscale community development within a radius of 2 miles, with over 900 homes. Our target customers are dual-income, middle-class families who value the quality of education and child care we provide for their children, ages 4 months to 12 years.
We are opening for business with a initial enrollment of 13 students. We project healthy revenues by the end of the first year, and expect to nearly triple that by the end of Year 3. Our main operating expenses are rent and compensation for highly-qualified personnel at industry standard rates. Although we would love to expand to four campuses eventually, our main operating expenses will be compensation at industry standard rates for our highly-qualified personnel and rent on our facilities, which were improved during the start-up period. This growth can be funded from existing cash flow. We anticipate a net profit beginning in our second year.
To these ends, we are putting significant investment in the business, and are seeking a matching amount in the form of an SBA loan.
Mission
“Sometimes the best years of your life are the times spent as a kid and then our collegiate years”
Imagine an alternative to traditional day, infant and after-school care. It would meet your child’s care needs and provide an activity-based learning environment similar to those found at colleges, universities, and vocational centers across the country. College community of care givers who have the qualifications to help your child develop their social and motor skills early on. They can also teach advanced science and arts studies at higher education institutions. A collegiate-based curriculum tailored specifically for children, taught in a fun, nurturing care giving environment.
Now imagine this at a cost less than that of the combination of conventional day care and specific interest based children programs.
Kid’#8217, Community College(r), is a community college that was established exclusively for children aged 4 to 5 years old and from the 1st through 5th grade. The College devotes its time and resources to providing excellent caregiving services, as well as a quality learning environment that is activity-based for children in this age group. The College will meet the needs and expectations of parents and students by providing excellent care-giving and instruction as well as flexible programs and local community involvement.
The College is committed strongly to diversity and accessibility. It welcomes anyone who wishes to provide better quality care, preparedness, and education for their children. Through a wide range of services and programs, the College strives to offer affordable, top-quality caregiving and education.
The College is committed to taking a leadership role in child care services, higher learning, community services and promoting cultural diversity. Kid’s Community College(r) directs its activities towards student success.
Goals
- Sales increasing to almost double first year sales by the end of Year 2.
- Maintain a high level of raw gross margins by Year 1.
- Open a second campus before the end year 1.
- Start a franchise effort by the end of Year 3.
Keys for Success
KCC’s success is dependent on these key factors:
- Marketing: How to differentiate KCC’’s care giving and educational service offerings from traditional daycare offerings.
- High quality service: Child care and educational programs are provided by qualified and certified educators, tutors, and child care workers in a first-class technologically advanced college environment.
- Reputation – Maintaining a reputation of excellence in education and caregiving, community involvement and being an employer of choice in the market for child and educational talent.
- Profitability: controlling costs and managing budgets in accordance with company goals, adhering to strategic business plans for growth and expansion and reinvesting in the business and its employees.