The document provides an overview of the first session of a program to help participants develop their family child care business. It introduces the facilitator and outlines the goals of exploring business ownership and recognizing the three roles of a family child care business owner - child care provider, entrepreneur, and business manager. Participants complete activities to assess their strengths in each role and identify important considerations for starting their business.
To be a good communicator, one must be a good listener and speaker. Good communicators maintain eye contact, control their body language, and engage their listeners without confusing them. They do not interrupt and wait for opportunities to ask questions. While companies can plan for some risks, they cannot foresee all future situations. Effective risk management involves identifying hazards, assessing risks, developing controls, implementing protections, and ongoing supervision and evaluation.
The document summarizes the Smile Together Partnership program run by Work Together Foundation. The program supports social enterprises in 4 villages across Cambodia, Philippines, and Laos that aim to alleviate child poverty. Projects include opening cafes, beauty schools, sewing centers, and an elementary school. These enterprises provide jobs, skills training, and financial support for over 740 children and families over one year. The program evaluates projects based on their social goals and sustainability. Work Together Foundation seeks to address child poverty through sustainable employment rather than direct aid.
Pandora IT Solutions is a leading web and mobile development organization providing professional services across various industries. Its mission is to provide quality solutions and services efficiently to help clients achieve their business goals through long-term strategic partnerships. The company's CEO, Mr. Abhijeet Singh Tyagi, faced several challenges in starting the company including financial issues, challenges trusting his idea, and handling employees while looking after his family after leaving his job. He overcame these challenges through determination and support from his wife and mother.
The document provides guidance on best practices for onboarding new employees. It recommends making the new employee feel welcome on their first day by learning their favorite snack and having it on their desk. It also suggests taking the new employee to lunch on their first day and giving them a tour to help them feel connected from day one. The document outlines additional strategies for acclimating new hires such as announcing their arrival, encouraging interactions with coworkers, explaining company culture, setting goals and expectations, providing resources and training, assigning a mentor, giving recognition, and fostering an ongoing relationship with the new employee.
The document provides guidance on onboarding new employees at Massage Envy franchises. It discusses preparing for an employee's first day, including sending a welcome package, completing paperwork in advance, and having them watch training videos beforehand. The first day should involve a tour, introductions, and assigning a mentor. Managers are encouraged to check in with new employees at the end of the first day and first week for feedback to improve the onboarding process. They also review meeting with employees regarding their first paycheck to reinforce expectations and address any performance issues. The overall goal is to properly onboard new hires to set them up for success and retain quality employees.
More than 40 work-life balance tips from dad entrepreneursAndreea Ayers
This document provides more than 40 tips from dad entrepreneurs on achieving work-life balance. Some of the key tips include prioritizing family over work, being flexible with work hours to spend more time with family, taking regular breaks, delegating tasks, and setting clear boundaries between work and family time. Many dads emphasized the importance of being fully present and engaged with family during non-work hours.
Employee Development : Maximizing the Potential with Current StaffPYA, P.C.
This document outlines strategies for developing current employees and retaining good staff. It discusses the challenges of finding and keeping good employees given workforce trends. Hiring recommendations include developing strong job descriptions and interview processes. For new employees, the document suggests an orientation period and providing resources. Employee management involves clear communication, coaching, and fostering growth. Generational differences among staff require tailored management approaches. The keys to retention are competitive pay, a good work environment, strong management, and addressing employee engagement and compensation over time. Regular reviews and being open to feedback can help identify and solve issues to keep employees satisfied.
This document provides guidance on preparing for common interview questions. It advises spending time preparing one's answers to expected questions about oneself, the company, previous roles and responsibilities, reasons for leaving past jobs, strengths and weaknesses, why one is a good fit, career goals, notice period, salary expectations, and achievements. Proper preparation is key as the initial 20 minute interview will largely determine whether one gets the job, and first impressions are important in making a positive impression on the interviewer.
To be a good communicator, one must be a good listener and speaker. Good communicators maintain eye contact, control their body language, and engage their listeners without confusing them. They do not interrupt and wait for opportunities to ask questions. While companies can plan for some risks, they cannot foresee all future situations. Effective risk management involves identifying hazards, assessing risks, developing controls, implementing protections, and ongoing supervision and evaluation.
The document summarizes the Smile Together Partnership program run by Work Together Foundation. The program supports social enterprises in 4 villages across Cambodia, Philippines, and Laos that aim to alleviate child poverty. Projects include opening cafes, beauty schools, sewing centers, and an elementary school. These enterprises provide jobs, skills training, and financial support for over 740 children and families over one year. The program evaluates projects based on their social goals and sustainability. Work Together Foundation seeks to address child poverty through sustainable employment rather than direct aid.
Pandora IT Solutions is a leading web and mobile development organization providing professional services across various industries. Its mission is to provide quality solutions and services efficiently to help clients achieve their business goals through long-term strategic partnerships. The company's CEO, Mr. Abhijeet Singh Tyagi, faced several challenges in starting the company including financial issues, challenges trusting his idea, and handling employees while looking after his family after leaving his job. He overcame these challenges through determination and support from his wife and mother.
The document provides guidance on best practices for onboarding new employees. It recommends making the new employee feel welcome on their first day by learning their favorite snack and having it on their desk. It also suggests taking the new employee to lunch on their first day and giving them a tour to help them feel connected from day one. The document outlines additional strategies for acclimating new hires such as announcing their arrival, encouraging interactions with coworkers, explaining company culture, setting goals and expectations, providing resources and training, assigning a mentor, giving recognition, and fostering an ongoing relationship with the new employee.
The document provides guidance on onboarding new employees at Massage Envy franchises. It discusses preparing for an employee's first day, including sending a welcome package, completing paperwork in advance, and having them watch training videos beforehand. The first day should involve a tour, introductions, and assigning a mentor. Managers are encouraged to check in with new employees at the end of the first day and first week for feedback to improve the onboarding process. They also review meeting with employees regarding their first paycheck to reinforce expectations and address any performance issues. The overall goal is to properly onboard new hires to set them up for success and retain quality employees.
More than 40 work-life balance tips from dad entrepreneursAndreea Ayers
This document provides more than 40 tips from dad entrepreneurs on achieving work-life balance. Some of the key tips include prioritizing family over work, being flexible with work hours to spend more time with family, taking regular breaks, delegating tasks, and setting clear boundaries between work and family time. Many dads emphasized the importance of being fully present and engaged with family during non-work hours.
Employee Development : Maximizing the Potential with Current StaffPYA, P.C.
This document outlines strategies for developing current employees and retaining good staff. It discusses the challenges of finding and keeping good employees given workforce trends. Hiring recommendations include developing strong job descriptions and interview processes. For new employees, the document suggests an orientation period and providing resources. Employee management involves clear communication, coaching, and fostering growth. Generational differences among staff require tailored management approaches. The keys to retention are competitive pay, a good work environment, strong management, and addressing employee engagement and compensation over time. Regular reviews and being open to feedback can help identify and solve issues to keep employees satisfied.
This document provides guidance on preparing for common interview questions. It advises spending time preparing one's answers to expected questions about oneself, the company, previous roles and responsibilities, reasons for leaving past jobs, strengths and weaknesses, why one is a good fit, career goals, notice period, salary expectations, and achievements. Proper preparation is key as the initial 20 minute interview will largely determine whether one gets the job, and first impressions are important in making a positive impression on the interviewer.
Five innovations have changed the startup world:
1. Applying the scientific method to startups through experiments and iteration to learn about customers and business models.
2. Developing business models using the Business Model Canvas to validate assumptions with facts from experiments.
3. Conducting Customer Discovery to understand customer problems rather than focus on technology solutions.
4. Using the Lean Startup methodology to build minimum viable products to test learning hypotheses rather than fully developed products.
5. Defining metrics like the AARRR framework to measure acquisition, activation, retention, revenue, and referrals to guide business model optimization.
Financial Planning for Your Special Needs ChildJames Di Gesu
The document discusses financial planning for children with special needs. It emphasizes the importance of integrating assets with government benefits to maximize quality of life for the child. Special needs planning requires blending family needs with the child's needs through effective financial, legal and government benefits strategies. This includes establishing trusts, guardianship plans, and accessing available benefits. Proper planning ensures the child's future needs are met if the parents can no longer care for them.
4. Lesson Four - Setting up your childcare businessYorkLearning
This document provides information on setting up a home-based childcare service, including sections on marketing, finances, and creating a business plan. The marketing section discusses identifying target customers, unique selling points, and branding, as well as strategies like networking, word-of-mouth, information packets, newsletters, advertisements, and websites/social media. The financial section outlines creating a budget by tracking expenses and income, including costs, contingency funds, and insurance. It also provides a formula for calculating the minimum charge per child.
Business plan for " A CHILDCARE CENTER IN PESHAWAR"diaryinc
Business plan for " A CHILDCARE CENTER IN PESHAWAR" FULL PLAN WITH DETAIL OF FINANCIAL STATEMENT AND THE MARKETING, MANAGERIAL STRATEGIES REQUIRE FOR THE PLAN.
The document discusses Porter's five forces model for analyzing the competitiveness and attractiveness of industries. It explains the five competitive forces as the threat of new entrants, the threat of substitutes, buyer power, supplier power, and rivalry among existing competitors. It provides examples of factors that determine the degree of competition within each force. The five forces framework allows analysis of an industry's structure to determine its overall attractiveness and the sources of competitive pressure.
Integrated Marketing Plan for Child Care ServicesRohit Rohan
1. The document discusses trends in the child care industry including more flexible hours and payment options to accommodate struggling families, the growth of drop-in child care facilities, and increased use of technology to connect parents and providers.
2. Key insights from research show that smaller group sizes and a home-like environment help children feel secure, while convenience and flexibility are important to parents. High quality care provides stimulation and interaction through play.
3. The communication objectives are to raise awareness of child care centers as a better alternative to existing options and communicate the message that the center will nurture children's wholesome development through love, care and commitment.
The document provides an overview of L'Oreal, including its history, mission, brands, and leadership. It also analyzes L'Oreal using Porter's Five Forces model, examining the rivalry among competitors, potential new entrants, substitute products, supplier bargaining power, and buyer bargaining power.
The document outlines the 10 easy steps to business planning. It discusses understanding the need for a plan and starting with defining the mission and objectives by answering why you are doing the business. It also covers identifying who will help operate the business in the organization plan, what product or service is being sold in the product plan, how it will be produced and marketed in the operation and marketing plans, and how much money is needed and will be spent in the financial plan. Finally, it recommends writing an executive summary to summarize the full plan.
It is a business development proposal, designed for establishing a new venture as an entrepreneur. A new venture needs to have a detailed business proposal plan. This business proposal plan is a prescribed expression of the entrepreneurial vision along with description regarding the operations and strategy of the proposed endeavor. The main advantages of writing a detailed business plan is the offsetting the costs. Business plan enables the top management and executives in the firm to ponder about the business comprehensively, to converse the business objectives to personnel, to include a decision making base and to smooth the progress of the planning (George and Bock, 2012).
Bumble Bee aims to provide high-quality child care services and become the pioneer in its market. It will offer care for children aged 3-8 and promote family support. The organization will establish a strong brand identity and customer base by prioritizing management quality, service quality, and security. It faces competition from other child care centers and must differentiate itself through an emotional, value-driven customer experience.
To be hired to assist the supervisor.
Chefs: 2 experienced chefs to be hired to develop menu items and
oversee food preparation.
Wait Staff: Initially plan to hire 6 wait staff to handle lunch and
dinner shifts.
Host/Cashier: 1 host/cashier to greet customers and handle
payments.
Janitorial: Contract cleaning services.
Accountant: Part-time accountant for bookkeeping and financial
reporting.
Marketing Plan
Website Development
Social Media Marketing
Print Advertising
This document provides a business plan for a Dosa restaurant. It outlines objectives to keep food costs below 35% of revenue and expand marketing. The plan details the restaurant's mission to provide excellent food and service. It will feature indoor and outdoor seating with a unique Indian design. The menu will focus on dosas and other South Indian cuisine. The plan analyzes the target market and identifies competitors. It proposes strategies for marketing, sales, management, hiring staff, and financial projections.
Before you start a business you need capital to ensure the sufficient requirements. Therefore, you can raise capital from a number of parties such as bankers, investors and customers. Before you send your proposal, you need to explain more about the purpose, budget, target and the amount you want to borrow. So this is an example of the best presentation slide.
The document provides an executive summary for a proposed coffee shop called Coffee Spot Café to be opened in Connersville, Indiana. The café will offer a variety of coffee drinks, teas, baked goods and breakfast sandwiches. The goals are to become well-known locally and potentially expand to other locations or add catering. The SWOT analysis identifies strengths, weaknesses, opportunities and threats. Financial needs are estimated and the business will be run as a sole proprietorship. Market research identifies the target market and competition. A marketing strategy and break-even analysis are also included.
The Unify Company is a new centralized web development company in the Caraga Region of the Philippines. It is led by CEO Ferdinand Balbin and aims to create a website that promotes tourism and allows local businesses to advertise their products and services. This centralized portal will help overcome the challenges of individual business websites having low visibility. The company works with the Department of Tourism to distribute promotional materials and hopes to generate revenue through business subscriptions to the website.
THIS E BOOK IS VERY HELPFUL FOR ENTREPRENEURIAL
IDEAS AND SKILLS
FOR BEGINNERS AND START UPS. THIS E BOOK ALSO CONTAIN LINKS OF PHYSICAL BOOKS YOU CAN BUY
STUDY ABOUT ENTREPRENEUR IDEAS AND START UPS'
The document provides guidance for completing a personal SWOT analysis to help achieve career goals. It outlines analyzing internal strengths and weaknesses as well as external opportunities and threats. The analysis examines the job market, potential employers, salaries, and the student's preparations. It identifies the student's strengths in being goal-oriented, organized, and persevering while weaknesses include working in groups, creativity, and work-life balance. Opportunities include internships and post-graduation jobs. Threats involve lack of experiences, poor academic performance, and not studying abroad. The analysis aims to leverage strengths and opportunities while mitigating weaknesses and threats.
A cryptocurrency video course for beginners from an ex-Agora guru now publishing independently.
High quality content, great conversions and happy customers.
Five innovations have changed the startup world:
1. Applying the scientific method to startups through experiments and iteration to learn about customers and business models.
2. Developing business models using the Business Model Canvas to validate assumptions with facts from experiments.
3. Conducting Customer Discovery to understand customer problems rather than focus on technology solutions.
4. Using the Lean Startup methodology to build minimum viable products to test learning hypotheses rather than fully developed products.
5. Defining metrics like the AARRR framework to measure acquisition, activation, retention, revenue, and referrals to guide business model optimization.
Financial Planning for Your Special Needs ChildJames Di Gesu
The document discusses financial planning for children with special needs. It emphasizes the importance of integrating assets with government benefits to maximize quality of life for the child. Special needs planning requires blending family needs with the child's needs through effective financial, legal and government benefits strategies. This includes establishing trusts, guardianship plans, and accessing available benefits. Proper planning ensures the child's future needs are met if the parents can no longer care for them.
4. Lesson Four - Setting up your childcare businessYorkLearning
This document provides information on setting up a home-based childcare service, including sections on marketing, finances, and creating a business plan. The marketing section discusses identifying target customers, unique selling points, and branding, as well as strategies like networking, word-of-mouth, information packets, newsletters, advertisements, and websites/social media. The financial section outlines creating a budget by tracking expenses and income, including costs, contingency funds, and insurance. It also provides a formula for calculating the minimum charge per child.
Business plan for " A CHILDCARE CENTER IN PESHAWAR"diaryinc
Business plan for " A CHILDCARE CENTER IN PESHAWAR" FULL PLAN WITH DETAIL OF FINANCIAL STATEMENT AND THE MARKETING, MANAGERIAL STRATEGIES REQUIRE FOR THE PLAN.
The document discusses Porter's five forces model for analyzing the competitiveness and attractiveness of industries. It explains the five competitive forces as the threat of new entrants, the threat of substitutes, buyer power, supplier power, and rivalry among existing competitors. It provides examples of factors that determine the degree of competition within each force. The five forces framework allows analysis of an industry's structure to determine its overall attractiveness and the sources of competitive pressure.
Integrated Marketing Plan for Child Care ServicesRohit Rohan
1. The document discusses trends in the child care industry including more flexible hours and payment options to accommodate struggling families, the growth of drop-in child care facilities, and increased use of technology to connect parents and providers.
2. Key insights from research show that smaller group sizes and a home-like environment help children feel secure, while convenience and flexibility are important to parents. High quality care provides stimulation and interaction through play.
3. The communication objectives are to raise awareness of child care centers as a better alternative to existing options and communicate the message that the center will nurture children's wholesome development through love, care and commitment.
The document provides an overview of L'Oreal, including its history, mission, brands, and leadership. It also analyzes L'Oreal using Porter's Five Forces model, examining the rivalry among competitors, potential new entrants, substitute products, supplier bargaining power, and buyer bargaining power.
The document outlines the 10 easy steps to business planning. It discusses understanding the need for a plan and starting with defining the mission and objectives by answering why you are doing the business. It also covers identifying who will help operate the business in the organization plan, what product or service is being sold in the product plan, how it will be produced and marketed in the operation and marketing plans, and how much money is needed and will be spent in the financial plan. Finally, it recommends writing an executive summary to summarize the full plan.
It is a business development proposal, designed for establishing a new venture as an entrepreneur. A new venture needs to have a detailed business proposal plan. This business proposal plan is a prescribed expression of the entrepreneurial vision along with description regarding the operations and strategy of the proposed endeavor. The main advantages of writing a detailed business plan is the offsetting the costs. Business plan enables the top management and executives in the firm to ponder about the business comprehensively, to converse the business objectives to personnel, to include a decision making base and to smooth the progress of the planning (George and Bock, 2012).
Bumble Bee aims to provide high-quality child care services and become the pioneer in its market. It will offer care for children aged 3-8 and promote family support. The organization will establish a strong brand identity and customer base by prioritizing management quality, service quality, and security. It faces competition from other child care centers and must differentiate itself through an emotional, value-driven customer experience.
To be hired to assist the supervisor.
Chefs: 2 experienced chefs to be hired to develop menu items and
oversee food preparation.
Wait Staff: Initially plan to hire 6 wait staff to handle lunch and
dinner shifts.
Host/Cashier: 1 host/cashier to greet customers and handle
payments.
Janitorial: Contract cleaning services.
Accountant: Part-time accountant for bookkeeping and financial
reporting.
Marketing Plan
Website Development
Social Media Marketing
Print Advertising
This document provides a business plan for a Dosa restaurant. It outlines objectives to keep food costs below 35% of revenue and expand marketing. The plan details the restaurant's mission to provide excellent food and service. It will feature indoor and outdoor seating with a unique Indian design. The menu will focus on dosas and other South Indian cuisine. The plan analyzes the target market and identifies competitors. It proposes strategies for marketing, sales, management, hiring staff, and financial projections.
Before you start a business you need capital to ensure the sufficient requirements. Therefore, you can raise capital from a number of parties such as bankers, investors and customers. Before you send your proposal, you need to explain more about the purpose, budget, target and the amount you want to borrow. So this is an example of the best presentation slide.
The document provides an executive summary for a proposed coffee shop called Coffee Spot Café to be opened in Connersville, Indiana. The café will offer a variety of coffee drinks, teas, baked goods and breakfast sandwiches. The goals are to become well-known locally and potentially expand to other locations or add catering. The SWOT analysis identifies strengths, weaknesses, opportunities and threats. Financial needs are estimated and the business will be run as a sole proprietorship. Market research identifies the target market and competition. A marketing strategy and break-even analysis are also included.
The Unify Company is a new centralized web development company in the Caraga Region of the Philippines. It is led by CEO Ferdinand Balbin and aims to create a website that promotes tourism and allows local businesses to advertise their products and services. This centralized portal will help overcome the challenges of individual business websites having low visibility. The company works with the Department of Tourism to distribute promotional materials and hopes to generate revenue through business subscriptions to the website.
THIS E BOOK IS VERY HELPFUL FOR ENTREPRENEURIAL
IDEAS AND SKILLS
FOR BEGINNERS AND START UPS. THIS E BOOK ALSO CONTAIN LINKS OF PHYSICAL BOOKS YOU CAN BUY
STUDY ABOUT ENTREPRENEUR IDEAS AND START UPS'
The document provides guidance for completing a personal SWOT analysis to help achieve career goals. It outlines analyzing internal strengths and weaknesses as well as external opportunities and threats. The analysis examines the job market, potential employers, salaries, and the student's preparations. It identifies the student's strengths in being goal-oriented, organized, and persevering while weaknesses include working in groups, creativity, and work-life balance. Opportunities include internships and post-graduation jobs. Threats involve lack of experiences, poor academic performance, and not studying abroad. The analysis aims to leverage strengths and opportunities while mitigating weaknesses and threats.
A cryptocurrency video course for beginners from an ex-Agora guru now publishing independently.
High quality content, great conversions and happy customers.
This document provides an overview of managing a family business. It discusses 5 powerful ways to manage a family business, including communication, managing finances logically, valuing relationships, acknowledging efficiency, and getting free from daily operations through standard operating procedures, effective delegation, and revisiting processes. It also outlines 5 important roles of a business owner, such as designing frameworks, employee management, marketing, financial management, and strategic planning. The document contains tips and best practices for running a successful multi-generational family business.
The document discusses career planning and succession planning. It covers key topics such as career stages, developing individual careers, avoiding career mistakes, succession management, and examples of career development strategies used by Indian companies. Effective career planning depends on factors such as top management support, setting goals, rewards, suitable career paths, and continuous monitoring. Succession planning aims to replace current job holders and encourage internal talent development.
Comprehensive Guide All About Entrepreneurial Ideas. Inside this Entrepreneural ideas discover the topics about entrepreneurs benefits of a home based business, entrepreneurs attributes for a successful business, entrepreneur opportunities from the beginning, some important entrepreneurial attributes, teen entrepreneurs - be your own boss, healthy life and releasing stress for the entrepreneur, different business opportunities for entrepreneurs, fundamental factors of famous entrepreneurs and some beneficial idea for your future business
This document is an e-book about entrepreneurial ideas consisting of 9 chapters. It provides information and advice for entrepreneurs, discussing topics like the benefits of home-based businesses, attributes of successful entrepreneurs, opportunities for starting a business, and ideas for teen entrepreneurs. It includes a disclaimer noting that the information is for general guidance and the author is not liable for any errors or omissions. The e-book is intended to educate readers on entrepreneurship.
This module provides an introduction to entrepreneurship. It defines key terms like entrepreneur and entrepreneurship. It discusses the relevance of entrepreneurship including its role in economic development. It outlines the common and core competencies of successful entrepreneurs such as being innovative, risk-taking, and opportunity-seeking. The module also describes different types of entrepreneurs and career opportunities in entrepreneurship fields like business consulting, teaching, and sales. Students learn about factors that affect entrepreneurship including personality and environmental factors. The goal is for students to understand the basic concepts and principles of entrepreneurship.
Julie Campbell works part time as a quality manager for the local authority and part time as an early years inspector. She has been qualified since 1996 and has worked in a variety of roles in various early years settings such as schools, private, voluntary and independent organizations, and children's centers.
This document provides a comprehensive plan for opening Destani's Daycare, a childcare center focused on serving low-income children. It outlines six steps: finding a location, creating a business plan, getting licensed, securing funding, operating the business, and expanding programs. Potential locations are presented and guidance is provided on developing a business plan, obtaining the necessary license, and leveraging funding programs. The goal is to equip Destani with everything needed to realize her vision of providing quality, affordable childcare.
A parent’s guide to providing children with the necessary basic financial skills as early as possible. It’s never too early to develop good saving and spending habits!
This document defines personal entrepreneurial competencies (PECs) and discusses their importance for entrepreneurs. It provides objectives for assessing one's characteristics, connecting successful entrepreneur traits, and continuously improving PECs. The document also includes a self-assessment test for readers to evaluate their inner strengths and entrepreneurial traits like being hardworking, goal-oriented, and able to cope with failure. It emphasizes that successful entrepreneurs continuously develop and improve their personal competencies.
This document discusses the importance of planning before having children. It emphasizes discussing finances, values, discipline, schedules and other considerations so the couple is prepared for the lifestyle changes babies require. Proper planning helps couples make adjustments gradually to welcome children without resentment or undue pressure on their relationship. The document provides tips for discussions couples should have to prepare for parenting.
We sent out our Summer Newsletter last week – so in case you didn’t get it, lost it or burnt it, here is a e-copy to browse on-line.
If you don’t receive a hard copy but would like to do so in future, drop me a note and I will arrange it for the next edition.
……..likewise, if you do receive the hard copy but would prefer not to, do let me know!!
Best wishes
Simon
Here is an e-copy of our Summer Newsletter. The World Cup is still on but we don’t want to tempt providence by saying anything else! We hope you enjoy it and have a go at the crossword. If you would like a hard copy of the newsletter in future, do please let us know
Transportation Innovation it's time for every juan - NU 12Martin Revilla
Ramon Martin P. Revilla discusses factors that make him a good entrepreneur and areas he could improve. He possesses several strengths including efficiency, ethics, innovation, leadership, networking abilities, and financial discipline. However, he acknowledges that he lacks business experience, which is important for dealing with challenges that arise when starting a business. Overall, he believes passion, execution, focus, integrity, and giving back to stakeholders are key to being a successful entrepreneur.
10 skills every insurance agent should develop before it's too lateAmplispot
The document outlines 10 skills that every insurance agent should develop, including:
1) Developing necessary sales skills like building relationships and converting them to sales.
2) Being an effective communicator on the phone since most business is still done over the phone.
3) Leveraging social media to engage prospects and establish expertise.
4) Focusing on customer experience in every interaction to provide the best experience.
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1 developing your family child care business module 1 session 1
1. Developing Your Family
Child Care Business
Ewing Marion Kauffman Foundation
Module 1 – Exploring Business Ownership
Session 1
Facilitator: Janet Owen, M.Ed.
Smart Beginnings Appalachian Region Coordinator
2. Welcome to our 1st session –
Exploring Business Ownership.
I am so happy to have you join
us.
3. Introduction of Facilitator
O Janet Owen -Currently serving as Coordinator for the Smart Beginnings
Appalachian Region made up of Lee, Scott, and Wise counties and the
city of Norton, VA
O Bachelor’s degree in elementary education w/ early childhood certification
O CDA credential
O Master of Education in Reading w/ emphasis on early literacy
O 25+ years of working with young children in:
Christian Schools: preschool, kindergarten, 1st grade
teacher, early childhood director
Head Start: teacher and mentor teacher (on-
site director for program serving 60 low income children & families,
supervised 13 employees)
Public School Teacher – 1st grade, Title I reading, & TN Pre-K
teacher(8 yrs.)
O Tennessee Professional Teaching Certificate w/ endorsements in Elem.
1-8, Early Childhood Pre-K-3, & Reading Specialist Pre-K – 12
O Married for 30+ years to a minister and currently residing in Kingsport,
TN, 2 grown & married children – Ashlee & Jared
4. Look at page 1 in your Participant
Manual
O Goals for Module 1:
O Distinguish among the three roles played by a family
child care business owner.
O Discover your own strengths and weaknesses in
relation to the three roles of a family child care business
owner.
O Write and evaluate your own business concept
statement.
O Recognize the scope and value of the business
planning process.
O Module Outline
5. What Is My Vision? The goal of this
program is to help you create the family
child care business YOU envision.
O What’s an Entrepreneur?
O 3 Traits of Entrepreneurs:
1. Recognize opportunity:
1. Identify an unmet need or want
2. Identify a product or service that meets that
unmet need or want
3. Confirm that people will pay for the product or
service.
6. O 3 Traits of Entrepreneurs (continued)
2. Leverage resources:
1. Determine what resources they need.
2. Determine where to get those resources.
3. Determine how to get those resources.
7. O 3 Traits of Entrepreneurs (continued)
3. Manage risk:
1. Educate themselves about the potential risks or
problems.
2. Plan to reduce or eliminate those risks or
problems.
8. Activity 1.1 The Story of the Three
Little Pigs from an Entrepreneurial
View
15. Take 3 minutes to answer questions 1-6
on pages 3-4 in the Participant
Manual.
O The last two questions are the most
important.
O Doing things in an entrepreneurial way in
part means:
O planning ahead
O imagining what might get in the way of achieving
your goal
O figuring out how to be prepared for obstacles
when they appear
16. Entrepreneurship and Me – page 5
O Your first entrepreneurial decision was to start your own
family child care business.
O Be clear about what you want from starting and
operating a family child care business
Me + Business Reality = A Fit?
Look at Activity 1.2 beginning on page 6. Write your
answers to these questions before the next session.
Determine how closely the family child care business fits
your personal goals and life style. Spend time thinking
about the Reflection questions on bottom of page 7 before
the next class.
17. What Hats Do I Wear?
O Introduce 5 Icons – page 8 in Participant Manual:
Child Care Provider, Entrepreneur, Business
Manager, Business Plan, & Parent Handbook
O 3 Roles of a Family Child Care Provider:
O Child Care Provider loves, appreciates, & respects
children & is happiest when caring for them
O Entrepreneur recognizes opportunities, envisions even
better business, & imagines playing significant part in
creating brighter future for children
O Business Manager sets policy, gets needed
governmental approvals, monitors cash flow, & deals
with the IRS
Which role best describes how you think of
yourself?
18. Are the 3 legs of this stool equally
important?
19. Family Child Care Business Owner
Business
Manager
Child Care Provider
Entrepreneur
20. This Family Child Care Business
program will help you strengthen your
skills as Entrepreneurs and Business
Managers.
O Business Plan will be created later in this program. It will
serve as guide to developing a solid family child care
business.
O Parent Handbook will be created later in this program. It
is a tool to communicate to parents the nature of your
business and your program policies.
O We’ll focus on each of 3 roles of Family Child Care
Provider by itself after a 10-minute break.
PAUSE THIS SESSION AND TAKE A 10 MINUTE BREAK
21. The Child Care Provider
O Read “The Child Care Provider” on page 9 in the
Participant Manual.
O List 3 key details about the Child Care Provider
role
O Loves, appreciates, and respects children and is
happiest when caring for them
O Provides developmentally appropriate interaction
and services
O Promotes the health and safety of all children
being cared for
These details relate to the Parent Handbook
because they establish credibility and reassure
customers of quality.
22. Activity 1.3 The Child Care Provider
Loves Children
O Take 3 minutes to write your answers to the nine questions on
page 10
O Child Care Connect Resource & Referral Agency:
Sherry Tabor, Program Manager
Ph. (276) 386-9881
Fax (276) 386-3387
stabor@appcaa.org
O Reflection Questions
What strengths do I bring to my child care business?
How can I improve my answers to questions 5-8?
Does my answer to question 9 limit my chance of success?
Think about these questions at home before the next
session.
23. The Entrepreneur
O Read “The Entrepreneur” on pages 11 & 12 in your Participant
Manual.
O List the 3 key details about the Entrepreneur’s role
O Identifies opportunity – already done
O Manages risk – willingness to take a calculated risk
Go beyond what is familiar and safe
Willing to risk failure – success rests on ability to plan and
put the plan into ACTION
Willing to risk losing money invested in the
business to get it up & going
Willing to risk losing ongoing income
while getting the business started and
operational.
Look at the TIP at bottom of page 11.
O Leverages Resources – asking for help when it’s needed is
critical to the success of any business.
Look at the list of those you need to know & why you need to
know them at bottom of page 12.
24. Activity 1.4 The Entrepreneur Manages
Risk
O Look at the questions on page 13. Write the answers
to them before the next session. There are NO right
or wrong answers.
O Look at the Reflection Questions on the bottom of
page 13
What risks will be the most difficult for me?
What can I do to reduce my risks?
I will know it’s not working out if/when
_________________.
I am willing to invest up to $________ to get
started.
I am willing to go without income until
__________(date).
Think about these key questions before the
next session.
25. Activity 1.5 The Entrepreneur
Leverages Resources
O Look at page 14 in your Participant Manual. This activity
will help you understand your resources as a family child
care entrepreneur. Knowing your resource people will help
you write the Management and Organization section of
your Business Plan at the end of Module 3.
O Take 3 minutes to fill out the chart on page 14.
O Continue to think about & make notes of your potential
resources before you come to the next session.
PAUSE THIS SESSION AND TAKE A 10 MINUTE BREAK
26. The Business Manager
O Read “The Business Manager” on page 15 in your
Participant Manual.
O List some things the Business Manager does:
Set policy
Get governmental approvals
Monitor cash flow
Deal with the Internal Revenue Service
O Look at TIP on page 15.
O Business and personal finances should be kept
separate.
27. Activity 1.6 The Business Manager
Supervises Operations
O Look at pages 16 & 17 in the Participant Manual. These details
relate to the Business Plan and Parent Handbook you will be
writing. You can use this information in both your Parent
Handbook and in the Operations section of your Business Plan.
O Take 5 minutes to write your answers to the 10 questions on
pages 16 & 17. There are NO right or wrong answers. You will
need to start thinking about these kinds of details and specifics
before starting your business.
O Look at the Reflection Questions at the bottom of page 17:
How confident are you in your ability to handle all the
business responsibilities reflected in these
questions? Which ones could you use help with?
Who can you ask for help?
Continue to think about these during this
session & at home.
28. Activity 1.7 The Business Manager
Oversees Finances
O Look at pages 18 through 20. These details relate to the
Business Plan. If you must look for outside financing, your
personal finances will become part of the Financial section of the
Business Plan. The key to gaining financing is being in good
financial shape.
O Answer the 6 questions on page 18.
O Fill out the Small Business Administration Personal Financial
Statement on pages 19 and 20 before the next session. No one
here will see your answers.
O Look at the Reflection Questions on page 18:
What areas of my personal finances need the most
attention? Where can I find help for my personal finances?
How long will it take for me to clear up any
personal financial issues I have discovered?
29. Activity 1.8 Summarizing the Three
Roles of a Family Child Care Business
Owner
O On page 21 in your Participant Manual, take 5 minutes
and write in the tasks you perform every day in a child
care business according to the 3 hats you wear.
O Look at the Reflection Questions on page 22 in your
Participant Manual.
Do I spend enough time in each role?
Do I manage an appropriate balance
among the roles?
If not, what do I need to change?
Which of these tasks could be done
more effectively by someone else?
Continue to think about these
key questions during this session & at
home.
30. Session 1 Summary
O On page 23 of your Participant Manual, focus on “Things I
Want to Remember”. Take 3 minutes and write down your
key learnings from this session.
O Look at “Things to Do Before the Next Module”.
O Complete Activities 1.2, 1.4, & 1.7.
O Contact one of the following child care associations to inquire
about membership fees, subscriptions to newsletters, & other
services.
O Write, email, or call your local Child Care Resource and
Referral Agency and ask for information about services
provided to family child care entrepreneurs.