Financial Some of the things that will be purchased at the beginning of the

Financial some of the things that will be purchased

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Financial Some of the things that will be purchased at the beginning of the center will include furniture, computers, beddings, and toys considering that these will be the commonly used items. As mentioned earlier, most of the funds for the running and operation of the center will be from the Saudi Arabian government and other nongovernmental organizations. The total amount of
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BUSINESS PLAN FOR CHILD CARE CENTER 10 money that will be require for all the start up costs of the center will be 50,000SR with most of these money being used in the purchasing of the equipment mentioned, as will be shown in the table. Other fixed costs for the running of the center will include rent and salaries that are offered to the employees. Cash Flow Projections Month: Pre- Start 1 2 3 4 5 6 7 8 9 10 11 12 Totals Receipts Income from Center (SR) 50,000 55,000 55,000 50,000 60,000 60,000 55,000 55,000 55,000 50,00 0 60,00 0 605,000 Other 0 Total Receipts (SR) 0 0 50,000 55,000 55,000 50,000 60,000 60,000 55,000 55,000 55,000 50,00 0 60,00 0 605,00 Payments Cash purchases (SR) 20,000 1,000 1,000 22,000 Salaries and wages (SR) 2,000 2,000 2,000 2,000 2,000 2,000 2,000 2,000 2,000 2,000 2,000 2,000 24,000 Employee benefits (SR) 1,000 1,000 2,000 Rent (SR) 500 500 500 500 500 500 500 500 500 500 500 500 6,000 Utilities (SR) 1,000 1,000 Repairs and maintenance (SR) 2,000 2,000 4,000 Insurance 10,00 10,000
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BUSINESS PLAN FOR CHILD CARE CENTER 11 Transportation 500 500 500 500 500 500 500 500 500 500 500 500 6,000 Telephone 200 200 200 200 200 200 200 200 200 200 200 200 2,400 Postage 0 Office supplies 5,000 2,000 5,000 12,000 Advertising 5,000 5,000 5,000 15,000 Marketing/promotion 2,000 2,000 2,000 2,000 8,000 Training and development 1,000 1,000 1,000 0 Miscellaneous 7,000 7,000 Other 0 Total Payments 50,000 4,200 3,200 3,200 3,200 4,200 17,200 3,200 3,200 5,200 3,200 3,200 20,20 0 119,400 Cashflow Surplus/Deficit (-) (50,000 ) (4,200 ) (3,200) (3,200) (3,200) 4,200 17,200 3,200 3,200 5,200 3,200 3,200 20,20 0 485,600 Opening Cash Balance 0 (4,200) (7,400) (10,600 ) (13,800) (18,000 ) (35,200 ) (38,400 ) (41,600 ) 36,400 33,200 31,000 11,000 Closing Cash Balance (50,000) (8,400) (10,600 ) (19,800 ) (17,000) (22,200 ) (35,200 ) (38,400 ) 41,600 36,400 11,000 11,000 11,000 References Smith, L. (2009). The Child Care Center Business Plan Workbook . London, UK: Oxford University Press.
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  • Winter '16
  • Professor Obura Oluoch
  • Saudi Arabia, Riyadh, Child Care Center

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