Business Plan

I. Name of the Business 

 The business will be known as "ABC Child Care

II. Ownership of the Business 

 The business will be formed as a New York corporation with six stockholders.  Each stockholder will own 16.5% of the issued stocks and equal to their individual paid-in capital.  The formal charter and agreement will be in accordance with the laws of the State of New York and will be drawn up by an attorney. 

III. Information on the Business 

 a.  Type of Business and Products or Service:  The purpose of the business is a child care center that will provide services to the Long Island City residential, commercial, and industrial community located within a three-mile radius of the proposed center location. 

 Mission Statement: 

To provide quality child care services to the ever expanding residential area surrounding Queens Blvd, Long Island City.  ABC Child Care focuses on providing full services with an emphasis on convenient hours, as well as, educational and social skills development. 

b. History of the Business 

As a start-up business, there is no history as such.  Owners have experience dealing with children of all ages.  Mrs. xxx has more than 25 years of teaching experience in public and private schools.  Mrs. xyxy has several years of experience in the child supervision and events organization gained from Girl Scout activities, teaching Sunday School classes, as well as raising four children.   Additionally, Mrs. xyxy, who will manage the administrative duties of the center, has over 10 years of administrative experience. 

c. Location and Hours of Operation 

The proposed business location will be at Long Island City, which is currently owned by all six members.  

The business hours will be from 6:00 a.m. Monday through Friday.  The center will be closed New Year's Day, July 4th, Thanksgiving, and Christmas. 

d. Revenues and Accounting 

Revenues will be generated by providing reliable and quality child care services to the Long Island City...