January – Goals – week 2
Childminding Business Plan – Today
Childminding Training – Friday
Business plan – How I planned my business from the beginning
A childminding business plan is about organisation, having the vision, moving forward and succeeding I feel.
I’m not saying this is a must or the only way, but its how it works for me and how it developed over time. Feel free to use, copy or tweak the ideas. Mine have developed over time from my own ideas, in biz course and research. I like to be organised, I like to plan the future, but as simply as possible. This is not rocket science or complicated and definitely not set in stone. Its a work in progress.
So I will start at the beginning of my business. I moved to Lincolnshire from Manchester, this meant finding work. Within the first month I got a HLTA job at a local school. 5hrs doing SEN paperwork for the SENCO. Also teaching geography and history to year 1 and year 2, whilst the teacher was on PPA time. So great job, but not enough hours to keep me and my family going. So after chatting in the local job centre a lady working there suggested childminding, saying she knew there was a need due to it being a large RAF area. I had thought about this when my son was little, but I felt as a single parent, would I feel isolated and lonely, not meeting adults? (I now know this is totally not true. Along side the great company of children all ages and abilities I care for, I meet parents, fellow childminders, other adults in many places during the course of the day. Then when I am not working theses relationships in many cases still continue. Its a great life. But of course the children always get my attention first.) After a long chat, where she explained all the groups in the area she knew of. I thought, well no harm looking into it and so my journey began.
As I have mentioned in previous blog, things are changing in the childcare world and how I started out is very different to now. As I have previously blogged on how to get started I will skip this bit.
Once I had made the decision and the process was in motion I built myself a little childminding business plan. I went on an in biz course run my the job centre which was really helpful. I then developed a childminding business plan which could develop and grow with me.
Childminding Business Plan example 1 – Things on my business plan in the beginning;
How many children I can take.
How many I want to take
How much this will bring in if those spaces are filled with average hours
What do I need to set up
What do I already have
What do I need to buy
What grants I could apply for
So nothing complicated. It just gave me on a chart, easy to see what expenditure was needed to set up and what I could expect to bring in. Obviously I wasn’t silly I knew it would take me a while to get known and build a reputation in a new area. But I had a plan, it was going to work.
My next childminding business plan was about sustaining my reputation, building on my professional development, developing my business further, maintaining my Ofsted results. In that order roughly, but always my reputation (children’s and families opinion) first and Ofsted opinion last. Although they are important and really needed they have never been my focus. I do what I do for the children first and for most. I think if they are happy everything else falls into place.
Childminding Business Plan example 2 – So the next plan I completed contained the following and is ongoing;
Column 1 – Which area of my practice I need to improve and update;
Training I plan to do that year
How to gain training, knowledge from books, research the internet, fellow childminders, support groups, courses, development officer, (if you still have them, we don’t), etc
Date of training planned and hours spent on this
Evaluation of training
So like a professional development plan. Then I developed this further and now it contains.
What I want to do in column one;
Which area of my practice I need to improve and update
Safeguarding Children Training
What other Training, qualifications or knowledge to gain
When to do SEF, what to put on.
Voucher schemes to join
Purchasing – Toys/equipment/resources etc
Updating policies and procedures
Updating children’s contracts
Why I want to do it in column 2
What I need to do to achieve it in column 3
How when do I intend to do it column 4
Who will it involve column 5
Can you visualise this? 5 columns first one containing the above, they next ones answering Why, What, How Who. This I made as a three year plan.
Return and view this post as I will add a PDF as soon as I can.
I hope this is helpful what ever stage you are at. If you have any questions please comment. If you require help in creating a document please use the contact page to send your requirements. In time I hope to learn how to build a bank of files for you to access.