Summary Of Teddy Bear Childcare

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Teddy Bear Childcare Executive Summary: Teddy Baer center is a start-up organization that provides childcare services to Saint John city of a mid-sized childcare facility serves children up to 8 years. Our services are safe and secure, providing the parents with an excellent place where their children can be taken care of. Our center licensed to provide care for 30 children. The Market The child care market is somewhat competitive in Saint John New Brunswick .There are no similar locally run and owned faculties. Teddy Bear will employ two strategies to differentiate themselves. The first is a low price will be priced at 5%-10% less than other facilities. The second strategy is hour of operation we provide the longest hour of childcare…show more content…
The place will be furnished with safe, entertaining toys. The center will use for rainy-day activities and we will also serve and prepare meals for the children. Our center will contain toys, games, and books for the entertainment of the children. We also provide educational games where children learn through play and have opportunities to learn, create & explore in a loving, safe, and challenging environment. In our center all children will receive gifts of teddy bear and other stuffed animals before they leave. Market Analysis Summary: Childcare is a business that has become necessary in today's fast-paced world. There are an increasing number of families who want to shop without their children, which has created the necessity of our childcare center. As we care about families’ pleasure time, we also care about children as well. There are facilities in the area that provide similar services to childcare; each of these has a large client base, and a successful business. There is no doubt that there is room in the market for a high-quality childcare center. Target…show more content…
We offer uniquely childcare service seven days a week and approximately ten hours a day. Teddy Bear Childcare has an experienced team who offers educational and entertainment services. Our childcare center can ensure a safe, relaxed, and a fun place for children to stay. Pricing strategy: Teddy Bear Childcare has 6 employees each employee will be responsible for a maximum of 5 children. In order to build a customer base, Teddy Bear Childcare will charge low prices. For example, for new porn we will charge $3 per hour, children 2-4 years $2.5 per hour, and children 4-8 years $1.5 per hour. By taking the average Teddy Bear Childcare will charge$ 72.5 hourly, 725 daily, and 21,750 monthly. Sales strategy: Teddy Bear Childcare will make a significant profit through the excellent care of children, and the availability during weekend. We will be the only center that offers this service in the shopping mall. Even though Teddy Bear Childcare charges less, the center will see profit within the beginning of the third year due to the beneficial advertising campaign. The center expects to double its clients every six months within the second year. We will also be active in the community, building a solid reputation with parents and the community. Finally we will offer membership cards with 20% off and stamp cards that includes 15% discount for every five
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