How Do You Update A Daycare Business Plan?
After you’ve been in business for the first year, you should take time to pull out your original business plan from which you started your daycare business and update it with current information. You’ll have more experience under your belt and have built the relationships you need to staff your business and find clients. Use these tips to update a daycare business plan. Examine the numbers first. Look at whether your expenses stayed in line with your previous projections, and if you are making a profit yet. You may need to modify your approach. Find ways to cut expenses and possibly raise prices if necessary. Study your contact information to see if it is still pertinent to your business. If you initially planned on partnering with a local school or government agency, then look to see if that relationship has worked out. You may need to tweak your contact list and adjust that part of your business plan if you haven’t received the kind of local support you had counted on. Create and sen
