Complete a brief business plan to include a budget, philosophy, vision, and mission statement.

Complete a brief business plan to include a budget, philosophy, vision, and mission statement.

Use the following template Template_Plan.doc Preview the document

Remember to remove the questions before turning in the assignment. They are a guide to assist you in organizing your thoughts and the information to be included.

Review and reflect upon the following when developing your mission statement:

https://www.entrepreneur.com/encyclopedia/mission-statement (Links to an external site.)

https://www.inc.com/ (Links to an external site.) (search for ‘mission statement’)

https://www.forbes.com/sites/patrickhull/2013/01/10/answer-4-questions-to-get-a-great-mission-statement/1 (Links to an external site.)

(Links to an external site.)Review and reflect upon the following when developing your vision statement:

https://www.businessnewsdaily.com/3882-vision-statement.html (Links to an external site.)

https://fitsmallbusiness.com/vision-statement-examples/ (Links to an external site.)

Review and reflect upon the following when developing your center’s educational philosophy:

https://www.edutopia.org/blog/what-your-educational-philosophy-ben-johnson (Links to an external site.)

Before completing the budget portion of the assignment, review the following sample:

Sample Childcare Center Yearly Operating Budget (use this format in your budget section)

Research and reflect upon the following:

What should one of your first actions be in beginning a budget?
Who has responsibility for budget preparation?
What are the expenditures in a budget for an early childhood program?
What single item constitutes the largest budget expenditure?
How may a budget be controlled. Why is this important?
Where could one go to receive assistance in writing, maintaining, and or balancing a budget?

*Read all the directions and open all the links to view the information.
*The Business Plan is a document that can be shown to a bank or an investor that includes the expected income and expenditures for your “made up” center/ business for 1 year. Do not include start-up costs just recurring, monthly costs.
*The easiest way to start this project is to copy all the sections and questions and paste into your own document. Then include/ fill in all the information that addresses the questions. Remember to DELETE THE QUESTIONS as they are there as a guideline for you and should not be included.

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