Canadian Funding Experts
Secure Financing with a Daycare Business Plan
Crafting Personalized Daycare Business Plans for Success
Starting a daycare can be both rewarding and complex. Our team specializes in the business plan of a daycare designed to secure funding and map out each step of your childcare journey. We understand that a business plan for daycare must meet strict standards while showcasing your unique vision. Whether you're looking for a comprehensive business plan for childcare or specific day care business plan examples, we offer expertise tailored to the Canadian market and beyond.
How Profitable is a Day Care Business in Canada?
With long waitlists and increasingly busy parents, approximately 40% of Canadian parents experience difficulties finding childcare making it an excellent industry to enter. High demand for childcare is translating into profit for daycare owners. According to Statistics Canada, almost 90% of all child daycares are profitable in Canada, which exceeds most industries.
What Determines a Daycare's Earning Potential
The revenue and profitability potential of a start-up daycare depends on the following factors:
YOUR DAYCARE SIZE: The more child care spaces you creates, the higher earning potential.
SPACE EFFICIENCY: Your ability to maximize the number of childcare spaces you can create with your space.
ABILITY TO REACH FULL CAPACITY: Your skills as the owner-operator to quickly fill your childcare spaces while maintaining positive parent satisfaction long-term.
HOW HANDS-ON YOU ARE: As wages are by far the largest typical expense line for your childcare business, your ability as the owner to provide supervisor and/or childcare services will allow you to minimize costs and maximize the centre's profitability.
PRICING: Higher premium childcare services offers greater revenue potential compared to an affordable price point. Your services should match the childcare needs in your proposed location, in terms of household income of surrounding neighbourhoods and gaps in your local childcare marketplace.
ADDITIONAL SERVICES OFFERED: Additional revenue can easily be created by offering parents services such as: overnight care, weekend care, pickup/drop off services, summer camps, etc.
NUMBER OF OWNERS: A top-heavy management team with full salary can put a significant strain on a daycare's bottom line in terms of profitability, compared to a more streamlined organizational structure.
Identify Your Weakness (and fix them) with a Detailed Daycare Business Plan
As industry professionals, we help identify areas where you can maximize the profitability of your start-up childcare centre. A thorough business analysis will reveal weak areas in your business or planning, and offer solutions to improve them. This allows you to streamline operations and maximize your space and earning potential.
Why Choose Our Daycare Business Plans?
We provide expert daycare business plan services that capture every essential detail, from market analysis to financial forecasts. For both seasoned operators and newcomers, having a structured and effective day care business plan is crucial to success. With examples of daycare business plans that have led to successful funding, we guide you from the ground up. Our daycare business plan Canada specialists are dedicated to transforming your vision into the business plan of a daycare that financiers and partners will trust.
About Us: Daycare Business Plan Experts Since 2011 🇨🇦
We are Canada-based business plan professionals and have helped hundreds of daycare business to secure funding for over 13 years. We bring decades of combined experience in helping start-up childcare centres plan their business and secure business loan financing from Canada’s leading banks and financing organizations. Newton Group Marketing is made up of a team of specialized business plan professionals, consultants, market research specialists and financial experts here to help you bring your daycare business dream to life.
13 years’ industry experience
95% funding success rate
$500M funding raised
Important Areas to Consider When Opening a Daycare
“How much financing do I need?”
Financing is the first step for most start-up daycares, providing you the necessary funds to cover leasehold improvements and other start-up costs. The question of how much financing you need is a very common question that depends on several factors. Firstly, do you want to purchase the building or lease? How big of a childcare centre do you have in mind? How much construction work will your space require? How much cash are you able or willing to invest in the business? By working through these details during the daycare business plan writing process, you will get clarity on how much is needed for your business.
“How do I qualify for a business loan?”
Business loans have specific requirements that are based on your financial situation and the quality of your childcare business plan.
Sufficient Collateral Asset - In most cases, you need a home mortgage or similar asset in order to qualify for a business loan.
Cash Investment - Once you identify total start-up costs, you will be required to invest a percentage in cash yourself. This is called “owners’ investment.” The amount you are willing or able to invest will determine the maximum loan size you qualify for.
Comprehensive Daycare Business Plan - Once you qualify for a business loan, the next step is you need to present and robust and realistic day care business plan that meets financing requirements. At Newton Group Marketing we specialize in this area to ensure you present the strongest possible plan to maximize your chances of getting financing.
“Do I need a location before applying for financing?”
No you don’t. Commercial real estate moves fast, so it is common to present your daycare business plan to the bank without a finalized location. This allows you to start the financing process beforehand so that you’re ready when the right location comes along.
“How do I find the right location”
There are many factors that go into finding the right location for your start-up daycare. Here are some questions to ask yourself: Which neighbourhood income levels match my daycare pricing? Where is there childcare demand and waitlists? Which communities are seeing population growth? What facility size matches my start-up budget? Can I comfortably commute regularly from home?
Join our List of Successful Clients
Get Organized, Secure Funding & Launch Your Dream Childcare Business
The business plan makes the difference between success and failure. You only get one opportunity to make a powerful first impression with a lender, and it’s well known that organization is the ideal foundation for a successful business.
Although starting a daycare can be a daunting task, a well-written daycare business plan can secure you financing or attract potential investors. Our team is highly experienced in preparing comprehensive day care business plans and are here to help guide you through the process and create a plan that will set your daycare up for success.
Benefits of Choosing Our Daycare Business Plan Services:
▶ PRESENT YOUR PLAN WITH CONFIDENCE - A well-written daycare business plan sets your application above and apart from the rest. Our clients frequently get feedback from their bank, saying it’s the best business plan they’ve ever received. An excellent business plan creates respect and significantly increases your chances of securing funding. We bring over a decade of expertise in this industry ensuring you meet all funding requirements.
▶ BUILD A STRONGER ROADMAP - When working together, the business plan writing process will provide you with heightened clarity around all areas of your business. From employee count to pricing structure to your marketing plan, you will walk away with a stronger and more realistic roadmap to implement at start-up.
▶ FAST TURNAROUND - We work thoroughly and efficiently to ensure you receive a business plan with fast turnaround to successfully meet your deadline.
▶ CONSULTATION & KNOWLEDGE - Through decades of experience helping childcare operators throughout all of Canada, an experienced childcare business plan expert can help you navigate the many challenges around starting a day care business. Along the daycare business plan writing process, you have the opportunity to ask questions and get new ideas.
Customized Business Plans for Daycare Start-Ups
Every childcare business is unique, and so is each business plan for daycare. From analyzing local market needs to understanding licensing and regulatory requirements, we offer a tailored approach to create daycare business plans that resonate with your goals and values. Need insights? We provide day care business plan examples for various formats, whether you're launching in Ontario or expanding across Canada.
TESTIMONIAL
“Newton Group Marketing has been a tremendous help for our business in getting our business plan professionally done. With their expertise, we were able to present a business plan for our financing need to the bank and get it approved. The business plan exceeded the bank expectation. Our business financing manager was very pleased with our business plan, and told us that she has not seen such a detailed well written business plan for years. I cannot thank you enough.”
— VICTOR SHALOM | OWNER OF BLESSED GENERATIONS DAYCARE
View Day Care Business Plan Samples
Your Business Plan for Day Care: What is Included?
COMPREHENSIVE MARKET ANALYSIS - Market size of number of children in your geographical region. Competitor analysis. Statistical market analysis for Canada’s childcare industry, including trends.
DETAILED FINANCIAL PLAN - Each daycare business plan includes projected revenues and expenses, break-even analysis, balance sheet and other related financial information.
MARKETING & SALES PLAN - Outlines detailed sales and marketing plan for attracting and retaining clients.
MANAGEMENT & OPERATIONS PLAN - Outlines the day-to-day operations of the daycare centre.
DETAILED STAFFING PLAN - Including job descriptions and ECE staffing requirements. The business plan for day care will reflect wages and staffing volumes as per industry standards.
TAILORED PLAN STRUCTURE - We work closely with our clients to ensure that the final day care business plan accurately reflects your vision and goals for their daycare center. We understand that every daycare is unique, and we work to tailor our daycare business plans to meet the specific needs of each client.
Don't let the stress of creating a day care business plan hold you back from starting your dream business. Let our team of experienced business plan writers guide you through the process and create a daycare business plan that will set your daycare up for success. Contact us to schedule a consultation to discuss your business plan for day care and take the first step towards opening your center.
Examples of Daycare Business Plans and Free Consultations
Curious about our approach or looking for examples of daycare business plans? Schedule a free consultation to discuss your needs. We’re passionate about developing a business plan of a daycare that meets every requirement and helps you achieve your dreams in the childcare industry. Let us bring your daycare business plan to life and position you for success in the Canadian childcare market.
Let’s Connect
Sign up for a free one-on-one consultation with a childcare business plan expert where you can: ask questions, get advice on financing, receive a price quote and learn more about how our daycare business plan services work.
Contact us and book your free consultation today:
PHONE - Call us at 833-963-1283,
SCHEDULE - Schedule a time directly in our calendar here (opens new window)
BUSINESS ASSESSMENT FORM - Or simply fill out the form below and we will follow up: