Child Care Business Plan

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The Toddler Warehouse

Financial Plan

Forecast

Key Assumptions

Our key assumptions: 

  • Kids need to have a place that caters to the way they learn 
  • Kids need somewhere that teaches them life skills
  • Education starts at a very young age
  • Parents need somewhere safe and nurturing to leave children while they finish their workday. 

Revenue by Month

Chart visualizing the data for Revenue by Month

Expenses by Month

Chart visualizing the data for Expenses by Month

Net Profit (or Loss) by Year

Chart visualizing the data for Net Profit (or Loss) by Year

Financing

Use of Funds

The Toddler Warehouse’s start-up costs include:

  • Legal: $1,000
  • Stationery etc: $100
  • Brochures: $350
  • Art supplies: $150
  • Kitchen supplies: $200
  • Cleaning supplies: $100
  • Medicine kits: $100
  • Matts and pillows: $150

Total $ 2150 

​​​​​​

Sources of Funds

Our founder will invest $85,000 to get the operation up and running. 

Statements

Projected Profit & Loss

2018 2019 2020
Gross Margin $261,366 $323,400 $393,960
Operating Expenses
Salaries & Wages $138,400 $169,344 $263,065
Employee Related Expenses $27,680 $33,869 $52,613
Rent $30,000 $30,000 $30,000
Licenses $1,440 $1,440 $1,440
Utilities $1,800 $1,800 $1,800
Insurance $3,600 $3,600 $3,600
Marketing $18,000 $18,000 $18,000
Interest Incurred
Depreciation and Amortization $2,800 $2,800 $2,800
Gain or Loss from Sale of Assets
Income Taxes $5,647 $9,382 $3,096
Total Expenses $234,701 $276,835 $384,454
Net Profit $31,999 $53,165 $17,546

Projected Balance Sheet

Starting Balances 2018 2019 2020
Cash $49,250 $97,888 $150,866 $171,444
Accounts Receivable $0 $0 $0
Inventory
Other Current Assets
Total Current Assets $49,250 $97,888 $150,866 $171,444
Long-Term Assets $33,600 $33,600 $33,600 $33,600
Accumulated Depreciation ($2,800) ($5,600) ($8,400)
Total Long-Term Assets $33,600 $30,800 $28,000 $25,200
Accounts Payable $259 $256 $262
Income Taxes Payable $4,190 $2,346 $772
Sales Taxes Payable $9,390 $8,250 $10,050
Short-Term Debt
Prepaid Revenue
Total Current Liabilities $13,839 $10,852 $11,084
Long-Term Debt
Long-Term Liabilities
Paid-In Capital $85,000 $85,000 $85,000 $85,000
Retained Earnings ($2,150) ($2,150) $29,849 $83,014
Earnings $31,999 $53,165 $17,546

Projected Cash Flow Statement

2018 2019 2020
Net Cash Flow from Operations
Net Profit $31,999 $53,165 $17,546
Depreciation & Amortization $2,800 $2,800 $2,800
Change in Accounts Receivable $0 $0 $0
Change in Inventory
Change in Accounts Payable $259 ($3) $6
Change in Income Tax Payable $4,190 ($1,844) ($1,574)
Change in Sales Tax Payable $9,390 ($1,140) $1,800
Change in Prepaid Revenue
Investing & Financing
Assets Purchased or Sold
Investments Received
Dividends & Distributions
Change in Short-Term Debt
Change in Long-Term Debt
Cash at Beginning of Period $49,250 $97,888 $150,866
Net Change in Cash $48,638 $52,979 $20,578
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