In the first Creative Study Guide: Starting an Early Learning and Child Care Business, your journey began by clearly defining your vision, mission, and early learning philosophy. Now it’s time to give some thought to the development of your small business plan. When you are setting up your Early Learning and Child Care business, you need to ensure that all of your bases are covered. This second Creative Study Guide: Developing Your Business Plan is designed to provide you with important steps you will need as you navigate through the business planning process.

By the end of this Study Guide you should be able to:

• Understand what a formal business plan should include
• Define your business venture
• Understand the differences between Not-For Profit and For-Profit Organizations
• Decide on a location
• Know what to include in your Market Analysis
• Decide on a Name
• Write your Business Plan