- Feasibility analysis – evaluate business strategies and identify pitfalls.
- Plan of action – your guide for development and growth.
- Selling tool used to secure financing for a business
- Communication tool for employees and partners.
- A measurement tool used to strategically plan and monitor business growth
The key elements of a business plan are as follows (Download the Business Plan Outline for more information):
1. Executive Summary
2. Description of product or service
3. Management and Organization
4. Operating Plan
5. Marketing Plan
6. Financial Plan
Client Testimonials
- “The WBDC’s Business Planning Process gave added direction to my efforts. This process saved me some useless steps, and saved me time.”
- "“I now have a much more realistic approach to managing my business’ finances,” says WBDC alum. “I shifted from being cost-concerned to focusing on generating revenue to make money for my business.”
b>How We Can Help You
The CCBI provides business skills training, no cost one-on-one counseling and sponsors an annual child care business expo for child care providers in Chicago and the surrounding suburbs.
For more information or to schedule a counseling appointment, contact Elizabeth Gardner, 312-853-3477, x59 or egardner@wbdc.org.
Next Steps
1. Download and read the Childcare Business Plan Outline.
2. Visit other sections of this website, in particular the Market Your Business and Finance Your Business Sections.
3. Review the Business Plan Outline and determine if you would benefit from a WBDC workshop on business plan development.
4. Meet with a WBDC counselor to evaluate your business plan to date.
