Failing to plan is like planning to fail. Cliché, yes, but that doesn't mean it's not true. None of us sets out with a plan to fail, but if we don’t take the time to plan, that is often exactly what happens.
I get it—it’s hard to find time to plan when you can hardly find time for a trip to the restroom. But, just like most things, you can invest some time now in planning or you can spend even more time later fixing things.
Planning is especially important if you are planning some sort of change for your program. Are you going to revamp your program or start a new program? Are you going to be looking for funding? Are you looking at a reorganization? If your answer to any of these questions is “yes”, or even “maybe”, it’s time to start planning.
Your Business Plan can help you to:
- Clearly define the purpose of your program
- Make program decisions
- Carefully assess needs and allocate resources
- Obtain funding
- Establish a baseline from which progress can be measured
Your Business Plan can help you describe your business to others (such as potential funders) and is a roadmap that can help you manage your program. It will show potential funders what resources are needed, how the program will develop, and how any loans will be repaid.
If you don’t already have a Business Plan, you can find our template and “how-to” guide at: http://www.daycaretools.com/DaycareProducts.aspx#Policies