Personal Business Plan

Paper Summary:

The writer outlines her vision of opening and administrating a day care center for the children of Texas. The paper then analyzes the internal skills that will support her in opening and successfully running the day care center as well as the elements in the surrounding environment that will make the business successful. The writer identifies the goals and skills needed to achieve the objectives and explains her strategies regarding human resource management, marketing management and business administration.

Outline:
Vision
Assessment of Internal Skills and External Opportunities
Goals and Skills Needed to Achieve the Objectives
Strategies

From the Paper:

"My final years of college and my currently working within the educational system have opened my eyes to several future possibilities. These ideas could include becoming more involved in the lives of the youth communities by becoming their teacher, their mentor and the liaison that helps them make the transition from children to young adults. This could materialize in actually becoming a teacher. However, since I have no education and experience related to children and teenagers, I have decided to open such a facility and run it from the business standpoint."

Sample of Sources Used:

• Clarke, G., August 2000, Marketing a Service for Profit: A Practical Guide to Key Service Marketing Concepts, Kogan Page Limited
• Gold, D.L., October 14, 1987, Day-Care Efforts Said Insufficient, Education Week
• Pinson, L., Jinnett, J., October 2003, Steps to Small Business Start-Up: Everything You Need to Know to Turn Your Idea into a Successful Business, 5th Edition, Kaplan Publishing
• Singh, S., 2004, Market Orientation, Corporate Culture and Business Performance, Ashgate Publishing Limited
• 2001, Better Day Care Boosts Skills, USA Today, (Society for the Advancement of Education), Volume 130, Edition of December

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