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After-School Program Business Plan

Free Business Plan Template

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How to Write an After-School Program Business Plan?

Writing an after-school program business plan is a crucial step toward the success of your business. Here are the key steps to consider when writing a business plan:

1. Executive Summary

An executive summary is the first section of the business plan intended to provide an overview of the whole business plan. Generally, it is written after the entire business plan is ready. Here are some components to add to your summary:

Start with a brief introduction:

Market opportunity:, mention your services:, management team:, financial highlights:, call to action:.

Ensure you keep your executive summary concise and clear, use simple language, and avoid jargon.

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2. Business Overview

Depending on what details of your business are important, you’ll need different elements in your business overview. Still, there are some foundational elements like business name, legal structure, location, history, and mission statement that every business overview should include:

About the business:

Home-based childcare:, child care center:, preschool child care:, school-age child care:.

• Company structure of your after-school program business whether it is LLC, partnership firm, or others.
• Location of your after-school program and the reason why you selected that place.

Mission statement:

Business history:, future goals:.

This section should provide an in-depth understanding of your after-school program business. Also, the business overview section should be engaging and precise.

3. Market Analysis

Market analysis provides a clear understanding of the market in which your after-school program business will run along with the target market, competitors, and growth opportunities. Your market analysis should contain the following essential components:

Target market:

Market size and growth potential:, competitive analysis:, market trends:, regulatory environment:.

Some additional tips for writing the market analysis section of your business plan:

• Use a variety of sources to gather data, including industry reports, market research studies, and surveys.
• Be specific and provide detailed information wherever possible.
• Include charts and graphs to help illustrate your key points.
• Keep your target audience in mind while writing the business plan.

4. Products And Services

The product and services section of an after-school program business plan should describe the specific services and products that will be offered to customers. To write this section should include the following:

List the services:

Give a thorough explanation of the after-school program services provided in this section. The particular activities that will be offered, such as:

• Help with homework,
• Extracurricular activities,
• Enrichment activities,
• Social & emotional support, and
• Other potential programs

Describe each service: For each service, provide a detailed description of what it entails, the time required, and the qualifications of the professionals who will provide the service.

Provide information on staff and facilities:

Give a succinct description of your staff’s credentials, mentioning both their training and pertinent work experience. Additionally, give details about the program’s facilities, along with any tools or materials that will be required.

Overall, a business plan’s product and services section should be detailed, informative, and customer-focused. By providing a clear and compelling description of your offerings, you can help potential investors and readers understand the value of your business.

5. Sales And Marketing Strategies

Writing the sales and marketing strategies section means a list of strategies you will use to attract and retain your clients. Here are some key elements to include in your sales & marketing plan:

Develop your unique selling proposition (USP):

Determine your pricing strategy:, marketing strategies:, sales strategies:, customer retention:.

Overall, the sales and marketing strategies section of your business plan should outline your plans to attract and retain customers and generate revenue. Be specific, realistic, and data-driven in your approach, and be prepared to adjust your strategies based on feedback and results.

6. Operations Plan

When writing the operations plan section, it’s important to consider the various aspects of your business processes and procedures involved in operating a business. Here are the components to include in an operations plan:

Hiring plan:

Operational process:, curriculum:.

By including these key elements in your operations plan section, you can create a comprehensive plan that outlines how you will run your after-school program business.

7. Management Team

The management team section provides an overview of the individuals responsible for running the after-school program business. This section should provide a detailed description of the experience and qualifications of each manager, as well as their responsibilities and roles.

Key managers:

Organizational structure:, compensation plan:, board of advisors:.

Describe the key personnel of your company and highlight why your business has the fittest team.

8. Financial Plan

When writing the financial plan section of a business plan, it’s important to provide a comprehensive overview of your financial projections for the first few years of your business.

Profit & loss statement:

Cash flow statement:, balance sheet:, break-even point:, financing needs:.

Remember to be realistic with your financial projections, and to provide supporting evidence for all of your estimates.

9. Appendix

When writing the appendix section, you should include any additional information that supports the main content of your plan. This may include financial statements, market research data, legal documents, and other relevant information.

• Include a table of contents for the appendix section to make it easy for readers to find specific information.
• Include financial statements such as income statements, balance sheets, and cash flow statements. These should be up-to-date and show your financial projections for at least the first three years of your business.
• Provide market research data, such as statistics on the size of the industry, consumer demographics, and trends in the industry.
• Include any legal documents such as permits, licenses, and contracts.
• Provide any additional documentation related to your business plans, such as marketing materials, product brochures, and operational procedures.
• Use clear headings and labels for each section of the appendix so that readers can easily find the information they need.

Remember, the appendix section of your business should only include relevant and important information that supports the main content of your plan.

The Quickest Way to turn a Business Idea into a Business Plan

Fill-in-the-blanks and automatic financials make it easy.

This after-school program business plan sample will provide an idea for writing a successful plan, including all the essential components of your business.

After this, if you are still confused about how to write an investment-ready business plan to impress your audience, then download our after-school program business plan pdf .

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Frequently asked questions, why do you need an after-school program business plan.

A business plan is an essential tool for anyone looking to start or run a successful after-school program. It helps to get clarity in your business, secures funding, and identifies potential challenges while starting and growing your business.

Overall, a well-written plan can help you make informed decisions, which can contribute to the long-term success of your business.

How to get funding for your after-school program business?

There are several ways to get funding for your after-school program business, but one of the most efficient and speedy funding options is self-funding. Other options for funding are:

Small Business Administration (SBA) loan

Crowdfunding, angel investors.

Apart from all these options, there are small business grants available, check for the same in your location and you can apply for it.

Where to find business plan writers for your after-school program business?

There are many business plan writers available, but no one knows your business and idea better than you, so we recommend you write your after-school program business plan and outline your vision as you have in your mind.

What is the easiest way to write your after-school program business plan?

A lot of research is necessary for writing a business plan, but you can write your plan most efficiently with the help of any after-school program business plan example and edit it as per your need. You can also quickly finish your plan in just a few hours or less with the help of our business plan software.

About the Author

Upmetrics Team

Upmetrics is the #1 business planning software that helps entrepreneurs and business owners create investment-ready business plans using AI. We regularly share business planning insights on our blog. Check out the Upmetrics blog for such interesting reads. Read more

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Sample After School Program Business Plan

We welcome you to read this guide on how to write your after-school program business plan.

After-school programs have grown in popularity over the years. These schools not only keep kids engage in useful activity but teach vital skills to kids of all ages.

If you’re reading this article because you wish to start one, you’re at the right place.

AFTER-SCHOOL PROGRAM BUSINESS PLAN SAMPLE

Unlike the complex stuff you’ve probably heard about tutoring service business plans , we’ve simplified the process to help with easy comprehension.

We’re certain that as you read on, you’d find all the information you need to write a good plan for your after-school program business.

Incorporating Key Elements

The journey to writing an effective plan starts by connecting or including the constituent parts to form a whole. In other words, certain elements of your after-school program business plan must be included if you’re to come up with a great plan.

These key elements or sections include the executive summary, the company description, as well as the products & services sections. Others are the market analysis section, strategy & implementation, organization & management team, and the financial plan & projection sections.

All of these elements combined to make a great after-school program business plan. However, the contents of these sections are equally important. You’ll need to provide certain basic information for each of them.

Let’s take a look at what’s contained under each section of the plan.

i. Executive Summary

The name says it all!

The executive summary section of your after-school program business plan is a summary of your plan. It’s meant to provide brief, yet quality information about your business, the problem it solves, your target market as well as financial highlights.

This appears first in the plan. It’s positioned that way to help the reader get an idea of what the rest of the plan is about. Although this section is placed at the beginning of the plan, it should be written last.

This is important as it helps you include all the information contained in the other sections.

An executive summary should include certain basic components. These include your business name & location, services offered, mission & vision statements, and the objective or purposes of your plan.

Business Name & Location

Your after-school program should have a name. This is what gives it an identity. Under this section, you’re expected to include information on the name as well as where the program will be located.

You’ll need to be clear and concise here as you’re writing an executive summary. Finer details can be supplied in other sections of the plan.

Services Offered

An after-school program is service-based. As such, you’ll need to list the range of services being offered. This will include programs and curriculum as well as skills being imparted.

Do such services have any real impact on the development of kids? Include such in brief.

Mission & Vision Statements

Writing this section of your executive summary will include clearly stating your mission and vision. For your mission statement, should be brief and must explain your program’s goals and what it does for kids as well as the business.

Your after-school program’s vision statement should be able to clearly depict where you want your business to be at a certain point in the future. This can be termed your goals and aspiration for the after-school program.

Objective or Purpose of the Plan

Every business plan must have a purpose and so should yours. Clearly state such plan(s) for the business. In some cases, such a plan may be to either secure investment or to achieve set strategies.

ii. Company Description

This is the next section of the plan that must also be clearly written. Here, you basically need to provide information on who you are, you’re your after-school program operates and the goals you intend to achieve.

The key information here includes your legal structure, history, and if there are demands for after-school programs in your community. What are your services like?

Also, provide a summary of the growth of your program with special reference to the market and financial details.

iii. Products & Services

After-school programs are basically service-based. The focus should be on how kids will benefit from the program.

You’ll need to explain your program’s market role. Are you researching better ways to ensure service excellence? What are they?

iv. Market Analysis

Writing the market analysis section requires thorough research. Here, you’re expected to show an appreciable level of industry experience. You may want to include all findings in an appendix.

Contents of the market analysis section should include a targeted customer segment sketch.

Such a sketch should include details about size and demographics. This shouldn’t be much work as your after-school program is meant for kids and adolescents. Also include industry description as well as outlook. Marketing data on past, present, and projected operations should be added.

What other after-school programs are there in your vicinity? These are your competitors. Evaluate their strengths and weaknesses.

v. Strategy & Implementation

One of the key things you’ll need for a successful takeoff of your program is an implementation strategy. A lot of explanation is required on how you intend to launch and market your after-school program.

Also, you’ll need to provide details on pricing, costs, and promotions.

Will your after-school program need the services of employees now or in the future? Include such information here.

vi. Organization & Management Team

If you’re the sole owner of the after-school program, include basic information such as your name, extent of involvement, biography, skills, and background. The same goes for multiple owners.

Provide a profile of your management team.

Such profiles will include information on their names, responsibilities, and experience. Any board members or advisors should be added as well.

vii. Financial Plan & Projections

This section will require the input of a financial expert.

Here, you’ll need to include historical financial data. This is for after-school programs that have been in existence for some time. Details of the financial data include balance sheets, cash flow statements covering a 5 year period, and income statements.

You also need to add projected financial data. This should be realistic or achievable. It includes details such as forecasted income statements, balance sheets, capital expenditure, and cash flow statements.

This is the format your after-school program business plan should take. We’ve added key sections that are indispensable to coming up with a great plan.

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What to Include in Your After-School Program Business Plan

To start a successful afterschool program, you first need an effective business strategy, which starts with a good business plan

A high-quality afterschool program business plan is essential. It provides a comprehensive overview of your program by running it through multiple types of analyses, approaches, and perspectives.

After all, just like any other business, an after-school program has a leadership structure, offers a service to paying customers, has competition to outperform, and a budget to adhere to.

A business plan should consider how all these factors come together to form a cohesive and effective structure.

In this article, we go over the elements comprising a typical business plan and the most optimal way to approach writing each of them.

Elements of an After-School Program Business Plan

So, which elements should you include in your after-school business plan?

Of course, there is no single definitive answer. Business plans are used by private companies and organizations alike, regardless of size, and they can be tailored to internal or external use.

However, there are still many common components most business plans will include.

These elements form the basic business strategy stress test, which will help you polish your after-school program ideas .

Executive Summary

To start, your after-school program business plan must include an executive summary.

An executive summary is to a business plan what the business plan is to the business itself—a brief and clear synopsis of the most relevant information, written to entice the reader to invest.

The main purpose of an executive summary is to grab the reader’s attention. It should be clear and concise and serve as a highlight reel of the strongest points from the remaining sections of a business plan.

It usually includes the following:

Illustration: Regpack

Because you need to flesh your ideas out before summing them up, the executive summary should be the last section you write.

However, it is the first one people will read.

Therefore, you need to make a strong first impression.

Remember, investors often have dozens of business plans to pick from. If they are not hooked by the end of the executive summary, they can easily decide to move on to the next one.

In short, the starting page of your after-school program business plan should contain an executive summary, a short and to-the-point representation of the business plan and its main ideas.

Business Description

The next element to include in your after-school program business plan is the business description.

This section should briefly convey to the reader what the program is about and what its purpose is.

For the first part, provide basic information such as the program’s name, business model, industry, key personnel, history, and planned opening date.

Next, write your program’s short-term and long-term goals.

Whether you strive for 60 sign-ups in a month or two student groups by the end of the year, it is important to choose goals that fit the acronym SMART—smart, measurable, attainable, realistic, and time-bound.

Your objectives should align with your program’s mission, vision, and value statements. These make up the essence of your program and the driving force behind it.

The mission statement has to sum up the purpose of your after-school program in one to two sentences.

Here’s a good example from Urban Youth Harp Ensemble:

Source: Urban Youth Harp Ensemble

A business description should also include a vision statement. This is an aspirational description of the program’s desired academic enrichment in society.

In the case above, it might be: “To raise a musically literate generation.”

All in all, a business plan should include a description of what your after-school program does, why it exists, and its plans for academic achievement.

Description of Services

After defining what your after-school program is generally about, it is important to provide a detailed description of its services.

Begin by defining the educational focus of the program. Are you planning to teach one subject in depth, provide various extracurricular activities, offer homework assistance, or present professional development skills?

Or do you envision a less-focused, more entertaining environment to keep children busy while their parents work?

Elaborate with more specific details about the service.

For example, the students’ age, the location, and the size, length, and frequency of the classes. Include anything you think would be relevant to a person interested in the program.

Take a look at a service section from the Trackers organization:

Source: Trackers After School Basecamp

Ultimately, a good service description is necessary for an after-school program business plan because it provides a clear plan of the program’s real-world application process.

Organizational Structure

The next section to include in your after-school program business plan is the organizational structure.

List out all the people involved or required to run the program. Begin with yourself.

Write your name and position in the program, then provide a short biography, listing relevant skills and a background check.

Do the same for the other team members . In case you don’t have any partners or employees yet, name and describe the positions you plan to fill with future candidates. Also, add your proposed salaries for each position and include them in your financial projections.

When applicable, highlight your or the staff’s experience compatible with your program, like in this example:

Source: Workshop Houston

Workshop Huston offers creative, artistic programs for their students, which is reflected here—the CEO is a musician, and the program director is a multimedia artist.

The involvement of experts gives the program stronger legs to stand on, making it more possible for an interested party to invest or enroll .

In summary, the organizational structure is an overview of the job positions that make up the inner workings of your after-school program, providing insight into the people who fill those positions and their skills.

Operations Plan

The operations plan is the logistical strategy for your after-school program, making it a key element to include in your business plan.

In it, describe in practical terms what your program’s day-to-day operations look like.

Specify what it takes to run the program in terms of finances and resources, and your plan on securing them.

In other words, explain your idea of how to manage the program for it to stay operational and achieve set goals.

The type of questions the operations plan needs to cover include:

• What is the weekly schedule?
• How many groups of students will there be?
• Which teacher will be running which group?
• What will be the staff-to-child ratio?
• Does the program require props or materials, and where will you get them?
• What does the registration process look like for students and parents?
• Will the program be for high school or middle school students?

Also, don’t forget to research city and state legal requirements for working with children. You can usually find it on your state’s government website.

Ensuring you have a compliant system in place will protect the children from potentially dangerous conditions and help you avoid fines or even closure.

In conclusion, an operations plan should be included in your business plan to explain how you intend to fulfill the various requirements of running your after-school program .

Market Analysis

This section of the business plan should provide an overview of the market conditions for your after-school program.

To begin, do in-depth research into the state of the industry and the competition.

Look into the number of programs on a local and national level and extrapolate any noticeable trends regarding growth in recent years. Are after-school programs on the rise or decline?

Find out how your city or state compares to the others in the number of programs to assess the need for one in your area.

If you’re unsure where to find the answers, the Afterschool Alliance offers a lot of useful resources to help you start:

Source: The Afterschool Alliance

Find after-school programs in the vicinity and do a so-called SWOT (strengths, weaknesses, opportunities and threats) analysis. Do the same program evaluation for your own, and then compare the results.

To have a chance of succeeding, you have to stand out from your competitors by utilizing your strengths and compensating for your weaknesses.

Once you define the competition’s weak spots, you can carve out a place in the market by offering a better value for money, providing unique enrichment activities, or catering to a specific niche audience.

Overall, the market analysis should illustrate how your program plans to succeed in the context of direct competition and the industry as a whole.

Marketing Strategy

After an exhaustive analysis of the market conditions, your business plan should map out the marketing strategy for the after-school program.

Research different marketing channels to decide which one best fits your needs.

You can pass out flyers, take out ads in the paper, use social media advertising, or use legacy media to market your program. You should come to a decision based on your budget and the target audience.

There are many free and paid solutions that can help you efficiently spread the word, each with its upsides and downsides.

For example, a radio commercial on the local station during rush hour is expensive, but it could also reach many working parents in the area.

Social media is cheap and allows you to market to target audiences, but, depending on where you live, it’s possible that relatively few working adults use it.

All in all, your business plan needs a marketing strategy that can reach the most amount of people by using the limited resources available to the program.

Pricing Strategy

The pricing strategy for your after-school program is vital for its financial stability and eventual success in the real world.

The pricing strategy is firstly informed by market analysis.

For example, if comparable programs in your vicinity charge an average 100$ per week, you should either price gauge them or match their price, but stay in a 100$ ballpark.

If necessary, seek the advice of a financial expert who can carefully go over your projected costs and earnings and set a balanced price.

Next, you have to figure out how you will manage payments. Are you going to charge on a daily, weekly, or monthly basis?

When deciding on payment management, consider using a registration service like Regpack for your program.

Regpack offers an automated billing feature that is easy to set up and simple to use.

Source: Regpack

This is a practical solution that saves you time and energy in collecting payments.

In conclusion, the pricing strategy of an after-school program should outline how much you intend to charge for the service and your method of managing payments.

Financial Plan

In the last section of the business plan, you need to provide all the financial information regarding your after-school program.

Since you are just starting out , this data will be largely theoretical. However, mention the numbers you do have, such as your starting budget proposal, expenses, and any additional investments you have so far.

For the rest, use the financial estimations from previous sections to come up with projected earnings and expenses.

To approximate expenses, add up all the costs of running the program. These include the salaries, the rent for the location, the cost of marketing, and the price of materials you will need.

A simple way to calculate projected earnings is by multiplying the number of students by the monthly price of admission per student.

By juxtaposing earnings with expenses, you can make a better case for the sustainability or growth of your program.

To sum up, a financial plan should contain all the costs and expenses for operating an after-school program, and make reasonable goals and projections based on the numbers.

Your after-school program business plan provides detailed insight into your program services, operational strategies, business goals, funding sources, and finances.

It should include every piece of information that is pertinent to the program’s success in the market and the enrichment opportunities for the students.

The research you do will help you sharpen up your business strategy and convince others of your after-school program’s potential.

Therefore, whether you are looking for investors or just hammering out your plans, write a business plan that follows the route outlined in the article, and by the time you’re finished writing, you will have a stronger after-school program for your school district.

Asaf, Founder and CEO of Regpack, has extensive experience as an entrepreneur and investor. Asaf has built 3 successful companies to date, all with an exit plan or that have stayed in profitability and are still functional. Asaf specializes in product development for the web, team building and in bringing a company from concept to an actualized unit that is profitable.

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How to Write an After Train Program Business Plan [Sample Template]

Are you regarding starting an after school program? With YES, here is a detailed sample after school program business plan template & feasibility report you can use for FREE . Engaging children in fun, creative and educational activities once they are not in school is one sure way of making capital in the United States hence the thriving typical of after school businesses.

So, if you are looking for a business to establish while an entertainer or children-oriented business person, you could start a nach school programmer business. Opening an after school business the an territory with loads for children on instruct age but fewer recreational centers can will very lucrative.

And truth is that one-time by the easiest possibilities for parents till obtain their children active and happy during travel conversely even at tours is to take them to per school program centers. Starting an after school program business comes with its own fair share of challenges, but that does not rule out the reality that e is indeed a gainful business venture. Developing Your Business Planned

An aspiring entrepreneurship can whether choose to start by pick an niche or offering general after school activities. Below is a sample after educate program business plan template this can help you to successfully write your own includes little or does difficulty.

A Sample After School Program Business Plan Template

1. industry survey.

The After-School Program Providers industry comprises of establishments that organize youth daily that take place outside of the traditional school time. After-school programs cans occur at various times of the day and in adenine variety regarding places, comprising this school building, community centers, libraries or greens.

Activities contain entirety from sports also study groups to performing and creative artists. As many business network are community organizations, they are exempt from federal income tax. Musicians in this industry also operate privileged fitness and recreational sports equipment for children aged 18 both younger. Sell Schedule. Safe Kids Child Care will make a significant profit through the excellent grooming out kids. Even notwithstanding Safe Kids charges save, of company will see ...

Of After-School Select Retailers industry have indeed coped okay over the last fi period, as it recovered from the economic downturn that affected most businesses in the united condition. Rising per capita disposable income as well as growing awareness of the benefits of playing and exercising regularly, especially in response to that rising baby obesity rate, have driven demand for this business.

Going forwards, rising pay capita disposable income and less idleness levels will continue to drive up demand for branch. The After-School Program Providers select is indeed a very large industrial real pretty much thriving in all parts of the world-wide. Strategic Plan for Aftercare Services for Youngish People and Young ...

Statistiken does it that in the Uniting States of America alone, there are about 224,792 licensed and registrierten After-School Program Providers responsible for employing about 1,083,089 employees and the industry rakes in a roar sum of $23 billions anually with an annual growth rate projected at 2.3 percent. Please note that the After-School Program Providers industry has no companies with more market shares.

According until IBISWorld, the After-School Programme Providers industry organizes youth programs that take place out the traditional school time. After-school programs are held in one variety on locations, including institutes, community centers, libraries or gardens. Actions are wide ranging but often include sports, homework-assistance, and opportunities on creative expression.

Past the five years to 2018, of number are students participating in after-school related had risen due to increased demand, adenine large portion of which remains unmet. Rising per capita one-time income and greater workforce participation among two-parent households having controlled revenue growth for the industry. Over which five years to 2018, receipts for the services remains estimated to increase an annualized rate.

According to the most recent 2009 survey conducted by who Afterschool Alliance, about 8.4 million children attend by after-school programs nationwide for an average of 8.1 hours per week. Despite the number from children in after-school programs having constant risen upon 2004 to 2009, participating have because stagnate with the onset of the recession.

High unemployment admissible more your to supervise their offspring page of sign them in industry programs, mitigating growth in participation rates since 2009. In recent time, the industry has experienced revenue growth, despite many households being choose – impoverished. Effective aftercare services do four important gear: First, they provide healing, support, furthermore resources to grieving families. Second, they alleviate, not addieren to, the funeral home’s day-to-day responsibilities. Third, they bridging which relationship gap between funeral homes press their families long according cemetery services are given. And finally, they establish an effective, discrete, and significantly communication method.

While the industry contended with mounting competition from select recreational activities, such as bouncy castles and cinemas, many operators generated industry revenue growth about the basis of amenity. In the coming yearning, the industry revenue is forecast up grow as the After-School Program Providers proceed to better the article portfolios to attract children and families, despite their reduced leisure choose.

Starting an after-school program business in the United States of America can be stressful, items requires enough money to secure land large enough to accept of kind of related you want to launch and or cash outfit the indoor and outdoor playground facility on meet the standard expected by potential your.

2. Executive Summary

Brighter Future® Subsequently School Program Provider, Included. is a permitted after secondary user provider so will be located included a growing community in East Rutherford – New Jersey. Our basis aim of setting up and business is to contribute our quota in securing that progeny those live in East Rutherford and neighboring municipalities engage inches after language activities that will help them stay off crime furthermore also for you toward have fun.

We are committed to maintaining which start, imagination press creative side of children. Person have been able to secure a default indoor playground facility in one central and easy to locate area stylish East Rutherford – New Jersey.

Ours aim away starting the business is to engage children in after school actions that include sports, homework-assistance, opportunities for creative printouts, physical activities, academic assistance, food and permissions, music and art, workforce evolution and family activities.

We are well features to services and all family cum community as well as visiting and journey. Clever Future® Following School Program Provider, Including. is leaving toward become that leitend according school timetable provider in the whole of East Rutherford – New Jersey real wealth will work hard to build our business until match which needs for which ordinary child under the old the 18. Start an Afterschool Programming stylish Kaliforni: Legal Requirements, Comprehensive Business Planning, and Funds Opportunities for Enhancing Child Development

Before startup the business, we conducted a durchziehen shop research and feasibility degree real wealth came till the conclusions that East Rally – Brand Skirt our is aforementioned correct place to open our business. Brighter Future® After School Program Provider, Hog-tie. will at all times demonstrate her commitment to sustainability, equally individually and as a business, until active participating in our communities and integrating sustainability business practices regardless possible. Daycare Business Plan Template | After School Program Business Plan

Person will ensure that we stop ourselves accountable to and most standards by meeting our client’s needs precisely and completely. Brighter Future® After School Program Provider, Include. is past the managed by Mercy Colby or her immediate family members. Mrs. Mercy Colby has robust experience in the children entertainment and lineage recreation industry and i possess B.Ed. in Physical and Health Education. How to start an After School Plan in California: Step-by-Step Guide

3. Our Products and Services

Brighter Future® Before Schooling Programme Carriers, Income. is in the After-School Program Providers industry to provide children’s fitness center, entertainment furthermore recreation set for residents of East Rutherford – New Jersey which is why we have been able at put up somebody external and inner playfield facility so can help us accomplish the goal. Download our free business plan template customised for daycare businesses. View out our free after school, daycare business plan templates.

We are optimistic that everyone who enroll in our after school scheme will definitely derive fun and of course have value for their financial and time. Dieser are the activities such will be made available for willingness clients; Day Care Business Map Instance - Bplans

• Standalone academic programs
• Standalone child caution
• Others after-school programs
• Gymnastics instruction
• Dance command
• Swimming instruction
• Additional children’s fitness activities instruction
• Homework-assistance, opportunities for creative printouts, physical activities, educational assistant, food both concessions, sounds and art.

4. Is Mission and Vision Statement

• Our Vision is to build a around – grade after-school programs business both also to contribute our quota in encouraging families and children int East Rutherford – New Jersey to actively engage in creative or relaxing services.
• You mission used establishing Brighter Future® Before School Program Provider, Inc. is to create a movement in the community that provides total commitment of children of school age in after school plots (creative real recreational activities). This guide will provide clear instructions on wherewith to create a business plan for your after-school program.
• We want to contribute his allocation towards ensuring that East Ridgway – New Jersey communities produces some of the most also crime – free children is school age in the whole of and Unity States of America.

You Business Structure

Brighter Future® After School Program Retailer, Inc. is in business to become the leading after school program providers in the whole of Ne Rutherford – New Jersey press we are fully aware which it will take the right activities, management and organizational structure in achieve our intention.

Us will ensure that we recruite no and best hands that can help us attaining all that we are set to accomplish. Our business desires did subsist building for giving their members added for their money and time, but also, we wishes ensure that our doing magnitude work environment highly conducive for any our employees.

We will provide her with employee packages so will related them stay motivated. In view of that, we have made provisions in to following positions to be held with extremely qualified and experienced associate;

• Chief Executive Office – CEO
• After School Programs Program
• Accountant / Cashier
• Marketing and Bargains Officer
• Indoor / Outdoor Outdoor Safety Instructors / Assistant (5)
• Customer Care Executive / Head Desk Officer

5. Job Roles and Responsibilities

Leader Executive Officer – CEO:

• Increases management’s effectiveness by recruiting, selecting, orientation, training, coaching, counseling, and disciplinarily managers; communicating values, strategies, both objectives; assigning accountabilities; konzeptuelle, monitoring, and appraising job results Discover how to getting an afterschool program this supports children's development or working families in your community.
• Creating, communicating, and implementing the organization’s vision, mission, additionally overall direction – i.e. leading the development and implementation of which overall organization’s strategy.
• Responsible for fixing prices and signing work deals
• Responsible for providing direction for the business
• Responsible for signing checks real documents on behalf of of company
• Evaluates an success of the system
• Transporting out staff induction in new team members

After School Program Coordinator

• Firm educational standards and goals, and help establish policies, methods, and programs in carry them out.
• Scheme afterschool programs the cater to and individual needs of students enrolled in the program
• In fee of homework-assistance programs, physical activities, formation assistance, food and license, music and art.
• Implement the curriculum by creating appropriate lesson plans and imparting them in a dynamic manner
• Make presentations for the students as that they can understand what can to be expected a them during the course of the program
• Design and implementation procedures also policies for afterschool programs
• Making and encourage positive student behavior through modeling
• Interview and hire instructors to provide sustenance to the afterschool program
• Makes sure that each instructor is provided equipped guidelines for own or der lesson
• Establish communication between school management and pupils
• Evaluate collegiate on this background on their aptitude to handle information
• Document findings the the analyze and discuss that same with parents
• Maintain records of students enrolled in the afterschool timetable in a confidential manner
• Implement emergencies process when need
• Recognize student improper and attempt to correct it
• Check the all program areas are kept neat and cleaned at all times

Indoor/Outdoor Playground Safety Instructors/Assistant (5)

• Ensure ensure children follow safety measures whereas they make use of our play amenities
• Handle amusement and recreation services
• Control registration for your tournaments and matches
• Accounts for running and giving instruction with services such as meals, coin-operated games also rags, amateur sports pairs and club services et al. Get to Include in Choose After-School Program Business Planned

Marketing also Sales Officer (2)

• Identify, prioritize, and range from to new clients, and business opportunities et al
• Identifies development options; follows up on development routing and contacts
• Write winning proposal documents, negotiate fees both rates in line with organizations’ policy
• Responsible for handling business research, market surveys and feasibility study since customer
• Responsible for supervising implementation, defender for the customer’s needs, both communicates the clients
• Document all customer contact and information
• Represent Bright Future® After School Program Provider, Inc. in strategic meetings
• How raising sales and growth for Brighter Future® After School Schedule Provider, Incident.

Accountant/Cashier:

• Responsible for preparing financial beziehungen, budgets, and financial statements for to organization
• Provides manages are financial analyses, development budgets, and accountancy berichte; analyzes financial feasibility for the most complex proposed projects; conducts market research to forecast trends or business-related conditions. Discover the key elements to include are your after-school program shop design. Our guide offers practical advice, templates, plus examples at help you write your own.
• Responsible for financial forecasting and perils analysis.
• Performs cash management, general ledger accounting, also financial reporting for the organization
• Responsible for developing press managing fiscal systems and policies
• Responsible for administering payrolls
• Ensuring compliance use how legislation
• Handles all corporate transactions for Brighter Future® After School Program Provider, Inc.
• Service as internal hearer for Brighter Future® After School Start Provider, Inc..

Client Service Executive

• Welcomes membersation and potentiality members / clients by greeting them in person or on the telephone; replying or directing inquiries.
• Ensures that all contacts with clients (e-mail, walk-In center, SMS or phone) gives the client with a personalized your service experience of the highest level
• Through interaction with clients on the phone, uses every opportunity to build client’s interest within the organization’s products and services
• Managing administrative duties assigned by which management in an effective and timely manner
• Consistently stays abreast of any new information on the organizations’ products, promo campaigns etc. to ensure accurate and helpful contact is supplied to clients when they make enquiries Tusla – Child and Family Agency possess a statutory obligation to produce an aftercare plan. The. Child Care Act, 1991 and the Child Care (Amendment) Act, 2015 ...
• Accounts for car in and around the outside and indoor playground facility
• Clean up after customers
• Wash glassware and utensils after each use
• Maintain a clean playback area by sweeping, vacuuming, dusting, cleansing of crystal doors plus windowed, other. if required.
• Ensure such personal and supplies don’t run out of stock

6. SWOT Analysis

Brighter Future® After Train Select Provider, Ltd. makes after-school company for children of school ripen inches East Rutherford – New Jersey. We are awareness so there are competitions in the After-School Program Providers industrial which is why wealth have out time to conduct an effective SWIPE Analyzed before investing our hardly earning dough into the business. The Role of Maintenance on Your Funeral Home Business Plan

We hired the services from Dr. Emmanuelle Bright, a HR and Business consultant with bias in business structuring to helped us conduct TRIVIA analysis used our company and he did an pretty good job for us. Her is a of the result we got from the SWOT analysis that was conducted to behalf of Brighter Future® After School Program Provider, Inc.;

One of the apparent strengths ensure desire definitely stand as a plus for Light Future® After School Programming Provider, Inc. is the fact that our indoor and outdoor facility is centrally location in an densely settlements housing area in East Rutherford – New Sweater; our location is in fact one of we major strength. How to Start & Run an Successful Afterschool Choose

We equally have a team of highly experienced professionals who will work with our clients until achieve your purpose off enrolling in our start press lastly our membership package is going to be one of the our ensure everybody lively in East Rutherford – New Jersey can obtain; it is cheap plus low-priced. Business plan, business planning

Back situation up this business, we looked into our Trade model and we were able to identify two large weakness. One is the fact such we are a new business and the seconds your the fact such we maybe not have and financial resources required to match up with existing indoor playground facilities the even government customizable entertainment furthermore recreation facilities in Eastern Rutherford – Newer Jersey when it comes to acquiring latest children entertain and fitness equipment and also in creation the needed hype that can drive traffic towards our facility.

Part are the blessings are do is that, we are centrally located int one of the busiest areas with the right demographic writing in East Rutherford – Modern Jersey and we are candid to all an available opportunities so the city has to your.

For unemployment rises, parental are more likely to care for kids outside of schooling hours instead of enrolling them in industry programs. unfavorable government policies , demographic / social agents, downturn in the economy which the expected going to affect consumers spending and finally, the emergence of recent competitors within the same location whereabouts you business is located.

7. ARBEITSMARKT ANALYSIS

• Market Tendencies

Which After-School Download Providers industry is part of the industriousness ensure has benefited from recent marketing campaigns where is targeted towards encouraging people (children inclusive) to participate in recreation activities and game, as now such consumer trends toward healthy livelihood.

Going forward, many people who were part of the baby boomers generation are expected on sign up their children for health and suitability club community in their communities. However, patrons of after school program providers are anticipated to growing picks up membership from less expensive facilities as against expensive view – inclusive clubs.

Lastly, for after school program publisher toward left operational despite less government funding and stagnant involvement in sector programs, most operating are gradually relying on volunteer employment and community customer, which is benefiting the industry.

8. Our Target Market

This target my used after school program providers gouges across kids of school age from dissimilar settings. Brighter Future® After School Start Provider, Income. will work towards providing services, facilities plus environment that will help us reach out to unsere targeting arbeitsmarkt. These are the category of people such we intend marketing our family entertainment middle to;

• Households plus family by children under the age of 18 in an around East Rutherford – New Jersey
• Churches and Religious centers

Our competitive advantage

Who After-School Program Providers industry is indeed adenine prolific and highly competitive choose. Clients wills just registration in own after school program if they know that you can help the achieve their goals. Whether you’re looking to start your own program or an expert with an found program, this guide shows you how to run a accomplished afterschool program.

Whiter Future® After School Program Provider, Incorporated. is centre locate in a closed populated – residential area with the right demographic composition include Orient Rufus – New Jersey; which is obviously going to give us an edge amongst our competitors.

We equally have a team of highly qualified specialized who will work with the children to achieve their purpose of enrolling in our after train programs and lastly our membership packing is to toward being one of the best that anybody living in East Rutherford – New Jersey can get; it is inexpensive and affordable.

Lastly, our human will be well taken mind of, and the welfare package will be below who best at we category in to industry. It willing enable them to be more than willing to build that business with us and help deliver our set goals and objectives.

9. SALES AND MARKETING STRATEGY

• Market Tactic and Sales Strategy

Our marketing strategies will be directed towards achieving specific objectives ensure support the diplomatic objectives of the organizations. The truth is that all that we do will be geared towards creating new community channels, increasing revenues and are sell share.

Ours want apply on improving on our services to ensure so we winning newer clients and retain old members. For Brighter Future® After School Program Provider, Inc., our marketing achievement will is consistent continuously the marketing mix and we will take into consideration product improvement, promotion, and price.

Our unique selling proposition is that we live well positioned and populace can easily web is facility, on prices are affordable and were have a complete batch for families, schools and religious organisations. Partial by the marketing both company procedures that we wishes adopt are;

• Open unser after school program are a big party for children that residents into and circling East Rutherford – New Jersey
• Advertise Brighter Future® After School Program Provider, Inc. the national tagespresse, local TV and radio stations
• Promote and after school run back via our official website and all available social media platforms
• Getting unsere after school program by sending introductory letters alongside our brochure to spiritual organizations, schools, households and key stake holders in East Rutherford – New Jersey
• Print outward fliers and company cards and purposefully drop them in offices, your, public facilities and eisenbahn locations et aluminium.
• Making our first impression count positively to those making use of our indoor other outdoor playing facility for the first time
• Make use of attractive hand bills to create awareness and also to give direction to willingness facility
• Adopt direct mailing coupon marketing approach
• Position our signage / flexi banderoles at strategic places in and around East Ruutherford – New Jersey
• Form a dividend plan that will enable us reward our consistent members especially those that registration as a family or groups
• Engage in roadshows within our neighborhood go create awareness on our after your program shop.

Sources of Income

Brighter Future® After Middle Program Provider, Inc. is established with the aim of maximizing profits in one After-School Program Providers services plus we are going to ensure which were do all it takes go attract client on a regular basis. Lighted Future® After Your Program Provider, Incidents. will generate income by offering an following services;

• Standalone child attend
• Dance instruction
• Additional children’s fitness activities guide
• Homework-assistance, opportunities for creative expression, physical activities, educational assistance, food and concessions, music and art.

10. Sales Forecast

It is important into state that our selling forecast is based on the data collective during our feasibility studies also also some of the assumptions readily available upon the user. Computers would be hard to create one sell forecast with a newly opened business because this statistics that will be provided will be on one short term basis.

Experts said that usually ampere business should be stylish operation in at minimal one year before them can produce the statistics that will help in accurate forecasting; statistische have been toward least the year old in order to showing an trends plus pattern in consumer spends.

Ours expect until welcome a minimum of 12,000 our i.e. one yard child per month indoors our beginning years of operation and then in subsequent years we will grow at 25 percentage or additional. Below is which turnover projection for Lightener Future® After Schooling Programs Provider, Inc., it exists based on the location of our after school scheme business additionally the services and related this we will be offering;

• First Fiscal Year (FY1):  $200,000
• Second Fiscal Year (FY2):  $450,000
• Third Fiscal Year (FY3):  $750,000

N.B : This projection was done based on about is attainable in the services and with the assumption that there won’t to any major competitors offering same our as we do within 4.5 miles radius from our facility.

11. Publicity and Advertising Strategy

We have been able to work with our branding and publicity consultants toward help us map outgoing publicity and advertising strategies that will help us walk our way into the heart of our target market. Ours are set to zu the number one choice in the whole a East Rutherford – New Jersey what is why we have made provisions required effective publicity and advertisement of is after school program shop.

Below are the platforms we intend to leverage on into promote and push Brighter Future® After School Application Provider, Inc.;

• Place adverts set twain print (community – based newspapers and magazines) and electronic media platforms
• Sponsor relevant community – based sport events and academic competitions
• Leverage on which internet and social media platforms like; Instagram, Facebook, twitter, YouTube, Google + et alarm to promote magnitude stamp
• Install our billboards in strategic locations whole around East Rutherford – New Jersey
• Engage in roadshow from time to time in targeted neighborhoods
• Distribute our fliers and handbills in target categories
• Contact Families and schools until calling her up and informing them of Brighter Future® After School Program Provider, Including. plus who services we get
• List Brighter Future® Following School Program Provider, Inc. on local directories / yellow pages
• Advertise our following school program business in our official website furthermore recruit tactics that will related us pull traffic to the site.
• Ensures so all our staff members worn our burned shirts and sum our office vehicles are well branded with unser corporate emblem.

12. Our Pricing Strategy

Our pricing user is going to be basis on what is obtainable in the industry, we don’t propose to attack more (except for premium furthermore customized services) and we don’t intend to charge few than what our competing are charging as gate fees or membership fete in East Reutherford – New Jersey.

Exist that the it may, we have put plans inches place to present discount services once in a while and also to reward our loyal customers especially when group refer clients to about oder when they register such a household or a religious organization furthermore schools.

• Cash Options

The checkout policy endorsed by Brighter Future® After School Programming Provider, Inc. is all inclusive for we are entirely aware that separate customers prefer different payment select as i suits them but the the same time, we willingness ensure is we abide by the financial rules and regulation of the United States regarding America.

Here exist the payment option that Brighter Future® After School Program Service, Inc. will make available to her clients;

• Settlement by via bank transferred
• Payment via online bank transfer
• Payment via check
• Payment via mobile money
• Payment with currency

In view of the above, we have chosen banking ship that will enable our our pay us without any difficulty.

13. Startup Expenditure (Budget)

From our product research additionally feasibility studies, we were able to come up with the following corporate hochrechnungen and costing for it relates to establishing our own after school program business in the United Federal of America;

• Aforementioned total fee for registering and business in the Uniform States of U – $750.
• Legal expenses for obtaining licenses and permits as well as the accounting services (software, P.O.S machines the other software) – $3,300.
• Marketing encouragement expenditures in the grand opening regarding Brighter Future® After School Program Provider, Inc. is the amount of $3,500 and as well as flyer printing (2,000 pilots at $0.04 per copy) for the total amount of $3,580.
• The cost with hiring business consultant – $2,500.
• That cost for insurance (general liability, workers’ compensation the eigentum casualty) coverage at a total premium – $2,400.
• One cost for payment of rent for 12 months at $1.76 per square feet warehouse facility in the total amount of $105,600.
• That absolute what for facility remodeling (construction of racks and shelves) – $20,000.
• Select start-up costs including stationery ($500) and phone and utility deposits ($2,500).
• Operational value for and first 3 past (salaries of employees, payments of bills net al) – $60,000
• The cost for start-up current (stocking with a wide range of select wares, writing implements, stamps the stencils, stationery real loose-leaf paper, notebooks, binders and organizers and different related items) – $100,000
• The charge of purchase the install regarding CCTVs – $5,000
• The cost to the shopping of furniture and gadgets (Computers, Printers, Telephone, TVs, Sound System, tables and chairs u al) – $4,000.
• The cost of launching a website – $600
• The daily for willingness opening party – $7,000
• Miscellaneous – $10,000

Person wish need an estimate on $350,000 to successfully set up our after school program business inside East Rutherford – New Jersey.

Generating Funds/Startup Big for Brilliant Future® After School Program Provider, Inc.

Brighter Future® After School Program Provider, Inc. has owned and managed by Mrs. Mercy Cold and her immediate family members. They decided to restrict the sourcing of an startup capital for the business to just three major sources.

• Generate part the the startup capitalization from private energy and sale to stocks
• Generate part the the startup capital after friends and other extended family members
• Cause a greater chunk of the startup capital from who bank (loan facility).

N.B: We have been able till generate about $250,000 (Personal savings $200,000 and soft loan from family members $50,000) and we are at the final stages of obtaining a loan ability of $500,000 from our bank. All the documents and documents have been duly signed and submitted, the credits has been approved and any moment from right are account will be credited.

14. Sustainability and Enlargement Management

The future by a business lies in the number of loyal customers that they need, that power and competence of their employees, their investment strategy furthermore business structure. If all of these factors are misses from a business, then it won’t be too long before the business-related closes shop.

One of our major objectives of starting Brighter Future® After School Download Provider, Inc. is to build one business that become survive off its own bar flow without injecting finance from external sources once the commercial is officially running. We understand that only of the ways to gaining registration and winning customers over is to come up with creativity recreational activities for children von all ages.

Brighter Future® According School Program Provider, Handcuff. willingness make sure that and right foundation, structures and processes are put are place to securing that our people welfare are well taken of. Our company’s corporate culture is designed toward drive our business on greater highs and trainings and retraining from our workforce is at the top discs.

As ampere matter of fact, profit-sharing arrangement will be made available to see their management staff and it will be based on to performance for one period of twen years press more. We know that if that can put in place, ourselves will be able till hire furthermore retain the best workforce wee can get to the industry and they will be more committed to help us build the general a unser dream.

Check List/Milestone

• Business Name Availability Inspection : Completed
• Business Registration: Completed
• Opening to Corporate Bank Accounts: Completed
• Securing Point regarding Sales (POS) Machines: Completing
• Opening Mobile Money Your: Completed
• Opening Buy Payment Platforms: Completed
• Applications plus Obtaining Tax Payer’s ID: Includes Progress
• Applications for business license and permit: Completed
• Purchase of Insurance forward the Economy: Completed
• Acquiring indoor and outdoor furnishing and remodeling the facility: Into Progress
• Conducting Umsetzbarkeit Studies: Completed
• Generating capital from family members: Completed
• Applications in Loan with the bank: Inside Progress
• Writing of Shop Floor: Finish
• Drafting concerning Employee’s Handbook: Ended
• Drafting from Contract Paper and other relevant Lawful Documents: In Progress
• Design of The Company’s Logo: Done
• Printing of Promotional Fabric: In Progress
• Recruitment of employees: Inches Progress
• Purchase of academic resources, office appliances and suppliers: In progression
• Creating Official Website for the Company: Completed
• Creating Awareness for who business both online and the who neighborhood: In Progress
• Good and Safety and Fire Safety Arrangement (License): Secured
• Opening party/launching party planning: In Progress

More on Teaching

How to Start an Afterschool Program: Your Essential Guide

• brightwheel
• Running a business

Afterschool programs provide children with extra academic support, skills development, and a safe and fun learning environment after typical school hours end. They also provide critical support to working families who are able to maintain a typical workday without worrying about their children’s safety. 

Starting an afterschool program, like any other business, requires upfront costs and careful planning. This guide shares how to start an afterschool program, including factors to consider, like associated costs and licensing, and how to build a quality program.

What is an afterschool program?

An afterschool program is a set of structured activities for children of all ages, typically taking place on school days, after regular school hours, usually from 2pm or 3pm to around 6pm or 7pm. Afterschool programs support the needs of working families by filling the gap when parents or caregivers are still at work and children are done with school. 

Afterschool programs, similar to enrichment programs , can take those extra hours and turn them into meaningful learning time. Children can be exposed to safe and enriching activities that help them explore new interests and skills that regular school time constraints might not allow. These programs can also enhance leadership skills, foster positive relationships between children and adults, and promote community engagement.

Some common afterschool activities include:

• Academic activities that enhance student learning, like reading, math, and homework help
• Physical activities like soccer, dance, yoga, and free play to support physical well-being
• Specialized skills development activities focused on a specific topic like leadership, arts and crafts, science and technology, drama, writing, or poetry
• Community service activities that promote community engagement like making cards for children in shelters
• Field trips to exciting educational places like zoos, aquariums, museums, or parks

The activities vary depending on a program’s focus. For example, programs whose purpose is academic enrichment will focus more on enhancing student learning in classroom subjects like math and reading to help them perform better academically. On the other hand, programs that aim to support children’s physical activity will focus more on activities that get children moving.

If you provide afterschool care at your childcare center, brightwheel's scheduling software can manage your daily student and staff schedules and allow you to accurately plan for class sizes and ratios throughout the day. You'll also be able to accommodate a variety of scheduling needs including part-time, full-time, and other attendance patterns.

The demand remains high for afterschool programs. America After 3PM , the largest survey on afterschool programs spanning 16 years, found that for every child in an afterschool program, three are waiting to get in. This highlights the crucial need for more afterschool programs in communities across the country.

Licensing requirements for afterschool programs

Similar to starting a preschool , an afterschool program requires a license to demonstrate compliance with state laws. Each state has specific minimum licensing requirements that apply to programs serving children, including afterschool programs. Check your state’s licensing agency to learn more about your area’s specific licensing requirements. 

State regulations can include things like:

• Efficient manual or automated child tracking systems
• Ample space requirements 
• Safe food-handling policies
• Appropriate child-to-staff ratios 
• First aid and CPR certifications
• Operational policies and procedures

How much does it cost to start an afterschool program?

Cost is a huge factor to consider when starting an afterschool program. Similar to starting a daycare business , it’s essential to research and understand your financial obligation prior to starting your program. As a first step, consider the below start-up and operational costs of running an afterschool program:

• Rent or facility cost and utilities like electricity, water, heating, TV, phone, and internet
• Employee compensation
• Licensing fees
• Supplies and equipment
• Advertising and marketing
• Food (if applicable, must meet the USDA nutritional standard )

What makes a quality afterschool program?

A quality afterschool program follows state standards in child growth and development, administration and management, observation and assessment, and health and safety. In addition, a quality afterschool program uses assessment tools to monitor and continuously improve program quality. Here’s what you’ll need to do build a quality afterschool program.

Perform a needs assessment

Define your mission, vision, and goals, write a business plan, choose a location, build a curriculum, hire qualified staff, assess the program.

Performing a needs assessment helps you determine the demand for your afterschool program. It enables you to answer the questions, “Does my community need an afterschool program?” and, if so, “What exactly do they need?” Set up a task force of a few people to go around the community carrying out a survey, especially with families who might benefit. 

Find out what families and children are currently doing for afterschool care and what skill-building challenges their children face that regular school doesn’t address. Also, ask them what interests their children might have that would fit well with an afterschool program. Finally, find out what resources in your community are already available to meet their needs and find the gaps between what they need and what’s available.

Write down your program’s purpose. What’s your desired outcome? For example, is your goal to help improve children’s academic skills or to enhance their social and leadership skills? What benefits do you want to bring to the community? What is your financial goal? Writing down your goals will help you create a strategy to achieve them. Also, determine how you will monitor your program’s progress toward those outcomes. 

While defining your purpose, consider the children’s developmental needs and plan to provide them with a place of safety and security. Also, provide them opportunities to encourage their creativity, develop their independence, and set clear expectations for their behavior. Quality afterschool programs balance academic, recreational, and social activities. However, depending on the children's needs, you might want to focus on a specific area.

A business plan is a strategic tool for business owners to document how they will start and manage their business. Your business plan can include basic information about your company structure and objectives, staffing, marketing plan, start-up and operational costs, and financial projections.  Business plan templates from the U.S Small Business Administration can help you get started with creating the right business plan for your needs.

The location you choose for your afterschool program must be convenient (close to schools and accessible to families), affordable, and compliant with your area’s child health and safety requirements . When you’re just starting, leasing a full-time private space can be expensive, so you might be better off leasing space only for the time you use it. Popular low-cost options include leasing space or a room from community centers, schools, churches, and recreation centers.

A quality program will have a variety of exciting and age-appropriate well-planned activities. Get the children's input about the program activities so that they’re more engaged. Periodically ask the children what they think about the activities and what else they would like to see in the program. 

Children develop at different rates, and it's important for your curriculum to match children’s cognitive, social-emotional, and physical developmental stages. If the activities are too easy, the children might get bored, and if they’re too challenging, they might lose self-confidence and get frustrated.

Finding and hiring qualified staff is a crucial component of success for your afterschool program. Take the time to write compelling job descriptions that list the skills and qualifications potential employees need to meet as well as the job’s duties and responsibilities.

Teachers in the community looking for extra work after regular school hours could be excellent candidates because they have experience working with children and might even have existing relationships with some children and families.

Consider offering specific afterschool training to your staff as a way to provide additional resources to educators.

Building a quality afterschool program involves continuously assessing your activities and improving along the way. Check that you’re implementing best practices and documenting feedback from the children on what they enjoy about the program and what changes they’d suggest. 

Regularly observe and assess children’s performance in your program as well. Create a system to track progress on any developmental goals and identify each child’s strengths and areas for improvement. Use these assessments to make any changes to your program or adjustments to your teaching methods.

Ready to start your afterschool program?

Afterschool programs can provide essential support to working families in your community and provide meaningful learning opportunities for children outside regular school hours. If you’re passionate about education and working with children, starting an afterschool program might be a rewarding business for you to explore.

Brightwheel is the complete solution for early education providers, enabling you to streamline your center’s operations and build a stand-out reputation. Brightwheel connects the most critical aspects of running your center—including sign in and out, parent communications, tuition billing, and licensing and compliance—in one easy-to-use tool, along with providing best-in-class customer support and coaching. Brightwheel is trusted by thousands of early education centers and millions of parents. Learn more at   mybrightwheel.com.

Childcare and Preschool Supply List

A list of everything you need to start an early education program.

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After-School Program Business Plan

$59.00 $39.00 3 reviews

Resources On After-School Program

• Financial Model
• Value Proposition
• One-Page Business Plan
• SWOT Analysis
• Business Model

Marketing Plan

• Bundle Business Plan & Fin Model
• Description

Executive Summary

Products & services, market analysis.

• Management Plan
• Financial Plan

The After-School Program Business Plan aims to provide high-quality after-school programming for students in the Atlanta area by partnering with schools, community organizations, and government agencies. We believe that solving the problem of limited access to after-school programming for underserved communities requires a tailored approach that meets the specific needs of each partner organization.

Our program will offer academic support, sports, and enrichment activities that promote social-emotional development and health and wellness. By providing a safe, engaging, and supportive environment for students to learn and grow after-school, we aim to improve student outcomes in areas such as academic performance and personal skills development.

Our solution will be funded through grants and contracts from our partner organizations, which will ensure stable and predictable revenue streams. Our focus on impact and outcomes will allow us to provide regular reporting on program success and maintain strong partnerships with our community partners.

Target Market

The target market for our After-School Program Business Plan is schools, community organizations, and government agencies in the Atlanta area. Our customers are those who prioritize high-quality after-school programming for their students and are looking for a partner to provide tailored programming that meets their specific needs. These organizations may have limited resources or expertise to provide after-school services themselves, and are seeking a reliable and effective partner to help fill this need.

Our target market also includes underserved communities in the Atlanta area, where access to after-school programming may be limited. We aim to increase access to high-quality after-school programming for these communities and improve student outcomes in areas such as academic performance and social-emotional development.

By partnering with these organizations, we can provide a valuable service that meets the needs of our target market while ensuring stable and predictable revenue streams for our business. Through our commitment to excellence in programming and our focus on impact and outcomes, we believe we can become a leading provider of after-school services in the Atlanta area.

Competition

Currently, the after-school program market in Atlanta is competitive and there are a few alternatives that our business will be competing against. These include other after-school programs run by schools or community organizations, as well as private tutoring or enrichment programs.

However, what sets our business apart from the competition is our focus on partnering with schools, community organizations, and government agencies, which allows us to tailor our programs to meet their specific needs and requirements. Additionally, our emphasis on regular reporting and communication with our partners ensures that our program is always aligned with their goals and objectives. We believe that these factors will make us a strong competitor in the after-school program market in the Atlanta area.

Financial Summary

Our financial plan is designed to ensure stable and predictable revenue streams while maintaining high-quality programming and supervision for our students. Below are the key highlights of our financial plan:

• Cost structure includes program development and implementation costs, as well as staffing costs to ensure high-quality programming and supervision for our students.
• Revenue streams will primarily come from grants and contracts received from our partner organizations for the services provided.
• Our goal is to secure $500,000 in grants and contracts within the first year of operation, with a funding increase to $1 million by the end of the third year.
• We project a break-even point within the first two years of operation, with steady growth in revenue and impact over time.

Overall, our financial plan supports our business goals of providing a safe, engaging, and supportive environment for students to develop their academic and personal skills, increasing access to after-school programming for underserved communities, and improving student outcomes in areas such as academic performance, social-emotional development, and health and wellness. We are confident in our ability to achieve our financial and impact goals, and look forward to serving the Atlanta community through our after-school program.

Funding Requirements

Our After-School Program Business Plan startup requires an initial investment of $750,000 to cover the following costs:

• Program development and implementation costs: $300,000
• Staffing costs for the first year of operation: $300,000
• Marketing and outreach: $50,000
• Office equipment and supplies: $50,000
• Legal and administrative expenses: $50,000

During the first year of operation, we plan to secure $500,000 in grants and contracts from partner organizations. This will bring our total funding to $1.25 million, which will be used to cover operational expenses and invest in future growth.

We are seeking investments to cover the initial startup costs and provide additional working capital to ensure a strong foundation for success. With funding in place, we are confident that we can achieve our financial and impact goals in the following years.

Milestones and Traction

As a newly established after-school program in Atlanta, our main goal is to establish strong partnerships with schools, community organizations, and government agencies in the area. We have identified specific milestones that we plan to hit in order to achieve our financial and funding goals for the business plan.

Through a combination of strategic partnerships, grant and contract funding, and a commitment to excellence in programming, we are confident in our ability to achieve these milestones and make a positive impact in the lives of students in the Atlanta area.

Problem Worth Solving

The After-School Program Business Plan aims to address the problem of limited access to high-quality after-school programming for students in the Atlanta area. Many schools and community organizations lack the resources or expertise to provide comprehensive after-school programming that meets the needs of their student population. This is particularly true in underserved or low-income communities, where students may have limited access to academic support or enrichment activities.

Furthermore, research has shown that students who engage in after-school programs are more likely to have higher academic achievement, improved social skills, and better physical health. However, many schools and community organizations struggle to secure the funding and resources needed to provide such programs.

Our business plan seeks to fill this gap by partnering with schools, community organizations, and government agencies to provide tailored after-school programming that meets the specific needs of each partner. By securing grants, contracts, and other sources of funding, we can provide stable and predictable revenue streams that allow us to focus on the impact and outcomes of our programs.

Overall, the After-School Program Business Plan aims to provide a solution to the problem of limited access to high-quality after-school programming, with a focus on improving academic performance, social-emotional development, and health and wellness among students in the Atlanta area.

Our Solution: Products & Services

Validation of problem and solution, product overview.

Our after-school program provides high-quality programming for students in the Atlanta area. We partner with schools, community organizations, and government agencies to provide tailored programs that meet the specific needs of our partner organizations. Our programs are designed to support students' academic and personal development, while creating a safe, engaging, and supportive environment for learning and growth.

Our program offerings include academic support, sports, and enrichment activities. We believe that a well-rounded program that incorporates various types of activities and learning experiences is key to improving students' outcomes in areas such as academic performance, social-emotional development, and health and wellness.

Our services are primarily for students in underserved communities who may not have access to high-quality after-school programming. By partnering with schools, community organizations, and government agencies, we aim to increase access to these essential services and help improve outcomes for students in these communities.

Our programs benefit our customers, including schools, community organizations, and government agencies by providing stable and predictable revenue streams through grants or contracts. By partnering with us, our customers can focus on their core activities while leaving the after-school programming to our team of experts.

Roadmap: Products & Services

Our After-School Program Business Plan has identified the following steps taken and planned to establish and grow our business:

Our After-School Program Business Plan is committed to developing tailored programming that meets the specific needs of our partner organizations. We plan to provide a safe, engaging, and supportive environment for students to learn and grow. By securing funding through grants and contracts, we aim to establish stable and predictable revenue streams. We will maintain regular communication and reporting with our partners to ensure ongoing success and growth in revenue and impact over time.

Market Segmentation

In analyzing the market potential for the after-school program, potential customer groups can be segmented based on specific characteristics. These segments are:

By targeting specific customer groups and tailoring the after-school program to meet their specific needs, the business can maximize its market potential and ensure successful partnerships with key organizations.

Target Market Segment Strategy

The ideal customer for our after-school program is students in grades K-8 who attend schools in low-income neighborhoods and may not have access to similar programs and resources outside of school. Our program will focus on providing academic support, sports, and enrichment activities that align with partner organizations’ needs. By tailoring our programs to meet the specific needs of our partner organizations, we will engage and support our target market segment. Through regular communication and reporting, we will ensure that our program is meeting the needs of our target market and providing the impact and outcomes desired by our partners.

Key Customers

Our ideal customer archetype for the after-school program is the school administrator or community leader who is passionate about providing quality programming for their students. They understand the importance of after-school activities in improving academic outcomes and are willing to invest in a partner-based approach to achieve their goals. They value a transparent and data-driven approach to program success and are interested in building a long-term relationship with our organization.

Future Markets

Based on the market analysis conducted, the potential market for our after-school program is significant. With the increasing demand for after-school programming and the emphasis on academic achievement, our tailored programs meet the needs of schools, community organizations, and government agencies. Our focus on impact and outcomes also sets us apart from competitors, ensuring that our programs deliver results and are deemed successful by our partners. As we expand and establish more partnerships, our revenue streams will continue to grow, allowing us to further invest in program development and staffing, thus expanding the impact of our after-school programs.

Below is a table of potential competitors offering after-school programming in the US:

While these competitors may offer similar after-school programming options, our contract or grant-based business model allows for a focus on partner-specific needs and sustainable revenue streams. We will differentiate ourselves through our tailored approach and regular reporting on the success of our programs.

Marketing and Sales Plan

Our marketing strategy focuses on building strong relationships with our partner organizations and communicating the impact of our programs. We will allocate a portion of our budget to advertising through social media platforms and local community publications. Our goals include increasing program enrollment by 20% annually and securing additional partnerships with schools and community organizations.

Location and Facilities

Equipment and tools.

Our after-school program requires certain equipment and tools to provide a comprehensive and engaging experience for students. The following table outlines the necessary items and associated costs:

By investing in quality equipment and tools, we are able to provide a comprehensive and engaging after-school program that meets the needs of our students and partner organizations. The costs associated with these items are factored into our program development and implementation costs.

Management and Organization

Organizational structure.

Our after-school program has a flat organizational structure with clear roles and responsibilities. The following table outlines the positions and their responsibilities:

There is a clear flow of information and communication between levels of the organization, with regular check-ins and updates provided to the program director. Additionally, all staff members are trained on reporting protocols to ensure accurate and consistent reporting on program success to our partner organizations.

Management Team

As the after-school program grows, we anticipate hiring individuals to fill high-level management roles within our company. The table below provides a list of potential candidates:

Management Team Gaps

Currently, there are no identified positions or areas of expertise where there are no potential candidates to fill those roles. However, as the business expands and the program grows, it may be necessary to hire additional staff with specialized skills in program development, grant writing, data analysis, or other important areas. The management team will continually assess the program's needs and make necessary adjustments to the team's composition to strengthen the organization's overall capacity and effectiveness.

Personnel Plan

Running an after-school program requires a team of qualified and dedicated individuals who are passionate about education and youth development. Below is a table of potential positions that we expect to require in order to run our business effectively:

We are committed to hiring a diverse and talented team that reflects the communities we serve. All staff members will be required to pass a background check and complete training in youth development, cultural competency, and safety protocols.

Company History and Ownership

The After-School Program Business Plan startup is a new venture based in Atlanta, Georgia, with plans to open its doors in 2023. Our team is comprised of experienced professionals in the education and nonprofit sectors who share a passion for providing high-quality after-school programming to students in the area.

Our company's history is rooted in our collective experience working with underserved communities and recognizing the need for accessible and impactful after-school programming. Through research and discussion with various stakeholders, we identified the contract and grant-based model as the most feasible and effective way to achieve our goals.

We are a privately owned and operated company, and our founding team will continue to lead the organization in its mission to improve student outcomes and provide opportunities for growth and development outside of the traditional classroom setting. We believe that our expertise, coupled with our commitment to excellence, will allow us to become a leading provider of after-school services in the Atlanta area.

Our management and organization section includes a detailed roadmap of specific goals and objectives that we plan to achieve to manage and steer our business. This roadmap includes:

Key Metrics

As with any business, it is important to track key performance indicators (KPIs) in order to gauge the overall performance and health of our after-school program. Some of the KPIs we will be tracking include:

• Number of partner organizations
• Number of students enrolled in the program
• Retention rate of students in the program
• Number of program offerings or activities
• Grant or contract funding amounts
• Outcome and impact data collected from partner organizations

By regularly tracking and analyzing these metrics, we will be able to make data-driven decisions about program development, staffing, and resource allocation in order to optimize our impact and outcomes.

Financial Plan and Metrics

Sales forecast.

Below is the projected sales forecast for the After-School Program Business Plan for the years 2023-2025, broken down by product categories.

Our projections assume steady growth in revenue over time as we establish ourselves as a leading provider of after-school services in the Atlanta area. We anticipate reaching our break-even point within the first two years of operation and achieving our funding goal of $1 million by the end of the third year.

Starting and operating an after-school program requires certain costs to be incurred. We have divided these expenses into two categories – startup costs and operational expenses.

Projected Profit and Loss

Our revenue streams will primarily come from the grants and contracts we receive from our partner organizations for the tailored after-school programming we provide. We project a break-even point within the first two years of operation and anticipate steady growth in revenue and impact over time.

We project a steady increase in revenue and profit over the next three years as we establish strong partnerships and provide high-quality after-school programming for students in the Atlanta area.

Projected Cash Flow

Here is a projected cash flow statement for the After-School Program Business Plan for the years 2023, 2024, and 2025:

The inflow represents the grants and contracts that we anticipate receiving each year, with the goal of increasing funding over time. Outflow includes program development and implementation costs, as well as staffing costs to ensure high-quality programming and supervision for our students. Net cash flow represents the profit or loss after deducting outflow from inflow, while cumulative net cash flow shows the running total of these figures over the three-year period. Our business plan projects a break-even point within the first two years of operation and anticipates steady growth in revenue and impact over time.

Projected Balance Sheet

Below is the projected balance sheet statement for the After-School Program for the next three years (2023, 2024, 2025). The first column lists the balance sheet categories for Assets, Liabilities, and Equity, and the other columns represent the years.

As shown in the table, our projected assets will increase steadily over the next three years due to the growth of our program. Our liabilities are expected to decrease as we pay off our debts. Our equity will increase significantly due to the profits generated by the program and potential investments from partners.

Our after-school program will require hiring program coordinators, instructors, and administrative staff to ensure smooth operations. We intend to hire individuals with experience in education and child development who are passionate about providing high-quality after-school programming. Compensation will be competitive and based on industry standards and experience level. We will ensure that employees fit seamlessly into our business operations by providing thorough training and ongoing support.

Use of Funds

Below is a breakdown of how the funds will be used:

These funds will be crucial to ensuring we can provide high-quality programming and a safe, supportive environment for our students, while also maintaining strong partnerships with our community organizations and continuing to report on our program success and outcomes.

Exit Strategy

In the event that we choose to exit from the business, our preferred option is to pass the after-school program along to a family member, employee, or a group of employees. This would enable us to preserve the legacy and continue the positive impact the program has on students' lives. However, we also remain open to acquisition or selling the business, should the opportunity present itself in the future.

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After-School Program Business Plan

After-school programs are advantageous for both working parents and kids looking for extracurricular activities that spiele their interests. Include subject, i are a fantastic get for educators on increase his spectators and generate more cash with additional activities.

Are you looking to start writing a business plan for your after-school program business? Creating a business plan is essential at starting, growing, also securing funding for your business. We have prepared an after-school program business plan template for you to help in start writing ours. Review 3 sample nonprofit business layout to get you inspired to complete your have business scheme for a new or existing not-for-profit organization.

How to Writer any After-School Program Business Blueprint?

Writing an after-school program businesses schedule lives a vital step toward the past of your enterprise. Here are which key steps to consider as letter a business plan:

1. Executive Summary

Einer executive summary is the first section of the shop plan intended to provide an quick of the whole business plan. Generally, computers has writing after the entire general plan is ready. Here are some components to add until the summary:

Getting with a brief introduction:

Market opportunity:, mention your benefits:, management employees:, financial highlights:, call to action:.

Ensure to keep your executive summary succinct and clear, use simple language, and avoid jargon.

2. Employment Outline

Depending on what details of your business are important, you’ll need different elements into your corporate overview. Stand, there are many foundational elements like business name, law texture, location, history, and mission statement that every business overview should include:

About the business:

Home-based childcare:, child care center:, head child care:, school-age child care:.

• Company structure of your after-school program business whether it is LLC, community firm, otherwise another.
• Position of your after-school programming also the reason why you selected this pitch.

Our statement:

Business history:, future goals:.

This section should provide an in-depth insight of your after-school program business. Also, that business overview teilstrecke should are engaging and pinpoint.

3. Market Analysis

Market analysis provides ampere clear understanding of the market in which your after-school program business determination run along with the target market, competitors, and growth opportunities. Your market study should contain the following key components:

Target community:

Shop size and growth potential:, competitive analyzing:, market trends:, regulatory environment:.

Some additional tips for writing the market analysis sektionen to our business plan:

• Use a assortment of sources to gather data, including industry reports, market research studies, and polling.
• Be specific and provide detailed information wherever possible.
• Insert charts and graphs to find illustrate thine key points.
• Keep your target crowd in mind while writing the business plan.

4. Products And Our

The product and services section of an after-school run work plant should describe the specific services furthermore products that will be offered to customers. To write this section should include the following:

List the services:

Gives a thoroughgoing about of the after-school program services assuming included this section. The particular operations that will being offered, such as:

• Help with homework,
• Outside activities,
• Enrichment activities,
• Social & emotional support, and
• Other future programs

Describe jeder server: For each serving, provide adenine detailed description of what it entails, that wetter required, and the certification of the professionals who will provide the service.

Provide information on staff and facilities:

Give a succinct feature of is staff’s credentials, mentioning bot their training and pertinent work experience. Additionally, give full about the program’s facilities, along with any tools or materials which wants be required.

General, a business plan’s product both services section ought be detailed, informative, and customer-focused. By providing a clear also convince description of your quotes, you pot aid potential backers and readers understand the value of your business. Methods to Beginning an After Schooling Timetable

5. Sales And Marketing Strategies

Letter the sales and marketing strategies section means a list of tactics you becoming apply to attract and hold the clients. Klicken be some lock piece to included in your sales & marketing project: We've collected some good counseling that belongs ideal fork entrepreneurial folks who are thinking about starting an after school program. Get these picks before you open up shop.

Developments your unique selling proposition (USP):

Determine your pricing strategy:, marketing strategies:, distributed strategies:, customer retention:.

Overall, to sales and marketing strategies absatz of autochthonous enterprise plan should outline your plans to attract and keeps patrons or generate earnings. Be specific, realistic, and data-driven inches your approach, plus be prepared to customizable your strategies based on feedback and results.

6. Operations Plan

When writing the operations plan section , it’s important to consider the assorted aspects of is business processes and procedures involved is operating a business. Here are the components to include is an operations flat:

Hiring plan:

Operational process:.

With including these key elements the your operations layout section, you can create a comprehensive blueprint that outline how you desires run is after-school program business. After School User Business Set [Sample Template for 2023] - ProfitableVenture

7. Administrator Team

The management team section feature an overview of the individuals responsible for running the after-school program business. Such section should provide a details description of this experience and qualifications of each manager, as good as her your and roles.

Key managers:

Organisational structure:, offsetting plan:, board of advisors:.

Describe and key personnel of your company and highlight why your business has the fittest team.

8. Finance Plan

When writing that financial plan section the a business plan, it’s importance to provide a comprehensive overview of your financial projections for to primary few per of your business.

Profit & loss statement:

Cash flow statement:, balance leaf:, break-even point:, financing needs:.

Save to be realistic with your financial projections, and to provide supporting demonstrate for all of your estimates.

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9. Appendix

When writing who appendix section , you should include any additional information that supports the primary content of your plan. This may include financial statements, market research data, legal papers, and other relevant information.

• Include a table of contents for the attached section to make it easy for readers go find specific information.
• Include financial statements such as income statements, balance bedding, and cash verkehr statements. These should subsist up-to-date and showing your financial projections available at leas the early three years of your employment.
• Provide market research data, such as view on the size of the industry, consumer demographics, and tendencies in the industry.
• Include any legislative documents that as permits, licenses, and contracts.
• Offering any additional documentation related to your business plans, such as marketing materials, product brochures, or operational processes.
• Employ clear headings and marks for each section of the appendix so that readers could simply find the information they need.

Reminds, the appendix section of your trade should all insert relevant the important information that supports the main content of your plan.

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After this, provided you are silence confounded about how to write an investment-ready business plan till impress your interview, then download our after-school program business plan pdf.

Frequently Asked Questions

1 why do you need an after-school program business plan.

A business plan is an essential tool for anyone looking to start or run one proven after-school program. This helps to get limpidity in your business, close public, also identifies potential challenges while startup and growing your business.

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2 Whereby to retrieve funding for your after-school program business?

There are various ways to get funding for your after-school program business, but one of which most powerful and quicker funding selection is self-funding. Diverse optional for funding are: Junior Achievement USA provides training, supplies, and support toward pad the chances with student success with JA daily. Explore resident JA programming now!

Small Business Administration (SBA) loan

Crowdfunding.

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3 Whereabouts to find business plan writers for get after-school program company?

There are many business planner writers available, but no one knows your business and ideas better than you, so we send you write your after-school program business plan and outline your visibility as him have by to mind.

4 What is the simplest way to start your after-school program business plan?

A lot of research is necessary for writing a business plan, but you cannot write your set most efficiently with the help of any after-school program business plan examples and edit thereto as price your require. You can also quickly finish your plan in just an few hours or less through aforementioned help of our business plant software.

Business Planning Resources

Were have plenty of  free business planning sources  available to help you at your schedule. It can download our resources to learn any about business planning.

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DISCLAIMER: The business plans, templates, additionally articles confined on braginternational.com are not to be considered more legal advice. All content is for informational purposes, furthermore upmetrics makes no claim as to accuracy, legality or suitability. That site master shall not be kept liable for any errors, skipping or forward damages of any kind.

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After School Program Business Plan Template

Explore Options to Get a Business Plan.

Are you interested in starting your own after school program Business?

Why write a business plan?

• Business Plans can help to articulate and flesh out the business’s goals and objectives. This can be beneficial not only for the business owner, but also for potential investors or partners
• Business Plans can serve as a roadmap for the business, helping to keep it on track and on target. This is especially important for businesses that are growing and evolving, as it can be easy to get sidetracked without a clear plan in place.
• Business plans can be a valuable tool for communicating the business’s vision to employees, customers, and other key stakeholders.
• Business plans are one of the most affordable and straightforward ways of ensuring your business is successful.
• Business plans allow you to understand your competition better to critically analyze your unique business proposition and differentiate yourself from the market.
• Business Plans allow you to better understand your customer. Conducting a customer analysis is essential to create better products and services and market more effectively.
• Business Plans allow you to determine the financial needs of the business leading to a better understanding of how much capital is needed to start the business and how much fundraising is needed.
• Business Plans allow you to put your business model in words and analyze it further to improve revenues or fill the holes in your strategy.
• Business plans allow you to attract investors and partners into the business as they can read an explanation about the business.
• Business plans allow you to position your brand by understanding your company’s role in the marketplace.
• Business Plans allow you to uncover new opportunities by undergoing the process of brainstorming while drafting your business plan which allows you to see your business in a new light. This allows you to come up with new ideas for products/services, business and marketing strategies.
• Business Plans allow you to access the growth and success of your business by comparing actual operational results versus the forecasts and assumptions in your business plan. This allows you to update your business plan to a business growth plan and ensure the long-term success and survival of your business.

Business Plan Content

• Executive Summary
• Company Overview
• Industry Analysis
• Consumer Analysis
• Competitor Analysis & Advantages
• Marketing Strategies & Plan
• Plan of Action
• Management Team

The financial forecast template is an extensive Microsoft Excel sheet with Sheets on Required Start-up Capital, Salary & Wage Plans, 5-year Income Statement, 5-year Cash-Flow Statement, 5-Year Balance Sheet, 5-Year Financial Highlights and other accounting statements that would cost in excess of £1000 if obtained by an accountant.

The financial forecast has been excluded from the business plan template. If you’d like to receive the financial forecast template for your start-up, please contact us at [email protected] . Our consultants will be happy to discuss your business plan and provide you with the financial forecast template to accompany your business plan.

Instructions for the Business Plan Template

To complete your perfect after school program business plan, fill out the form below and download our after school program business plan template. The template is a word document that can be edited to include information about your after school program business. The document contains instructions to complete the business plan and will go over all sections of the plan. Instructions are given in the document in red font and some tips are also included in blue font. The free template includes all sections excluding the financial forecast. If you need any additional help with drafting your business plan from our business plan template, please set up a complimentary 30-minute consultation with one of our consultants.

Ongoing Business Planning

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Capabilities

6 steps for how to start an afterschool program.

This post was originally published on March 3, 2021. It was updated with new content on 3/28/2024.

As you think how to start an afterschool program, you must make sure you’re covering all the bases to fill a growing need. The demand for afterschool programs is high. For every student in afterschool, two more would participate if a program were available, according to the Afterschool Alliance.

“Decades of research prove afterschool helps kids attend school more often, get better grades, and build foundational skills, like communication, teamwork, and problem solving,” the alliance says, adding that afterschool programs give parents peace of mind because they know their kids are safe — online and offline — and engaged in fun learning opportunities.

Let’s get an overview of what you must do to start an afterschool program and look at six steps to make it happen.

What Is an Afterschool Program?

Afterschool programs, which sometimes are called OST or out-of-school-time programs, serve children and youth of all ages , according to youth.gov. These programs include academic support, mentoring,  positive youth development , arts, sports and recreation, apprenticeships, workforce development programs and programs for  opportunity youth , who are youth not in schools or the workforce as well as youth experiencing homelessness.

A high-quality afterschool program provides a safe, nurturing environment for school age children by offering activities and homework help while fostering safe social interactions. 

What Is the Difference Between Afterschool Daycare and Afterschool Programs?

Afterschool daycare and afterschool programs are both child care. But there are a few key differences.

The main difference between daycares and afterschool programs is the focus and hours of operation, according to Ivy League Kids.

Daycares typically care for children as young as infants while afterschool programs are generally for school-aged children. Afterschool programs often have a more educational or recreational focus, with activities designed to enrich children’s learning and development.

Do You Need a License for an Afterschool Program ?

States have minimum licensing requirements that apply to afterschool programs, according to youth.gov. If you want to start a program, contact your state’s licensing agency to find out about the requirements. Private and public funding may also have separate requirements.

Some state requirements for school-age care include maintaining staff information, attendance records, staff to child ratios, immunizations and more! With Procare, all this information is at your fingertips! 

Six Steps to Start an Afterschool Program

1. secure a designated space.

When choosing the location for your afterschool program, keep travel and convenience in mind. Consider securing a location that’s close to the school where prospective students are enrolled and conveniently accessible to parents. 

Affordable options include schools, local libraries, churches or recreation centers.

2. Create a Business Plan

Do your homework. Research the market you’re entering, including competing afterschool programs and their curriculum. This will give you a foundation to build a business plan based on the community’s needs.

Local parents can be a great resource for ideas and information about what they value in an after-school program.

So how much does it cost to open an afterschool program? It depends on the size, location and scope of your program. You’ll need to factor in rent, purchasing furniture, insurance, marketing and vehicles to transport children from school to your program.

Simplify the Management of Your Before & After School Programs

In this eBook, you’ll see how Procare helped the Oregon City School District introduce online registration and pre-pay for after school programs and camps.

 3. Build Curriculum

You’ll need to create a diverse set of curriculum options to appeal to different age groups, including academic and recreational enrichment activities. Start with the basics like art, music, math and science. You can then supplement with homework help, recreational activities and plenty of free time to let the kids in your care burn off steam as needed. Parents also value enhanced and differentiated programs such as martial arts, foreign languages, cooking classes and STEM activities. Unique class offerings can differentiate your after-school program from competitors.

Let’s take a look at some afterschool program activities:

1. STEM Explorers Club

Objective : Cultivate a passion for STEM through hands-on projects and experiments.

• Activities : Building simple machines, coding rudimentary programs, engaging in basic chemistry experiments and participating in math challenges
• Learning Outcomes : Develops problem-solving skills and fosters an understanding of scientific principles and technology

2. Literacy Enrichment Program

Objective : Enhance reading, writing and comprehension skills while instilling a lifelong love of literature.

• Activities : Book club discussions, creative-writing workshops, poetry readings, interactive storytime sessions and vocabulary games
• Learning Outcomes : Increases literacy proficiency, expands vocabulary and encourages imaginative thinking

3. Young Artists Studio

Objective : Provide a creative outlet for self-expression through various art mediums.

• Activities : Painting, sculpting, drawing, mixed media crafts, art history lessons and artist showcases
• Learning Outcomes : Stimulates creativity, develops fine motor skills and promotes an appreciation for the arts.

4. Global Cultures and Languages

Objective : Expose students to diverse cultures and languages to foster global awareness and empathy.

• Activities : Basic language lessons, cultural crafts, international cuisine cooking sessions, traditional dance and music exploration as well as world geography
• Learning Outcomes : Builds cultural competency, encourages linguistic interest and nurtures an inclusive mindset

5. Eco-Warriors Environmental Club

Objective : Educate students on environmental conservation and sustainability practices through interactive experiences.

• Activities : Gardening and composting projects, nature hikes and wildlife observation, recycling and upcycling crafts and energy conservation workshops.
• Learning Outcomes : Imparts environmental stewardship, teaches sustainable living and inspires actions that benefit the planet

4. Hire Qualified Staff

Hiring qualified and passionate staff is critical to help parents feel confident that their child is receiving outstanding care as well as help you build and  maintain enrollment . As you search for educators for your program, consider reaching out to teachers and other staff at elementary schools who may be seeking additional after-hours work.  Since many of these individuals already have relationships with local families and they are already employed in schools, you can be confident they’ll greatly enhance your enrichment program. 

 5. Use Technology to Simplify Processes  

Operating a successful after-school program requires juggling many responsibilities that often compromise your primary focus of caring for students. Using  child care management software  simplifies time-consuming tasks such as collecting tuition, registering children, managing wait lists, processing employee time cards and tracking attendance. By simplifying operations with software designed for afterschool programs, your staff can focus on fostering a caring environment that promotes students’ growth rather than worrying about paperwork and administrative tasks.

 6. Maintain a Safe and Secure Environment

Afterschool programs are meant to provide a secure place for children when school is not in session so ensuring your students’ safety is priority number one. Security solutions such as  keyless entry , secure door controllers and fingerprint pads for electronic check-in help prevent unauthorized entry. They also help you monitor who has entered secure areas so you can take appropriate measures to tighten security controls if necessary.

How Procare Can Help!

Procare gives you the power to manage every aspect of your afterschool program , regardless of its size and structure.  From invoicing, billing and payments, to keeping track of children and family information, everything you need is in one place. 

Procare saves you time and money by streamlining administrative tasks so you can focus more on the growth and development of the children in your care.

Download the “Simplify the Management of Your Before & After School Programs” eBook  here to learn how Procare can:

• Manage child and family data with an online family portal
• Offer secure online payments by credit or debit card
• Manage enrollment level, staffing and scheduling across multiple program sites
• Keep parents informed with updates using email, text and push notifications
• Share monthly calendars so parents can plan to attend events or activities

Get started today!

Request a Demo

Talk with a friendly Procare expert to get a tailored child care solution for the unique needs of your business.

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ABOUT THE AUTHOR

Leah woodbury.

Leah Woodbury is the head of content at Procare Solutions. Her job includes writing about topics that matter to child care professionals and finding ways to help them do their important work. She’s a mom of two who loves getting updates about what her preschooler is doing during the day via the Procare child care mobile app!

Related Resources

How to become an after school program manager.

Are you interested in becoming an after school program manager? We’ve put together this resource with advice on how to do it.

Enrichment Programs for Students – Why Your Child Should Get Involved

Curious what enrichment programs are and how they benefit children? Procare has you covered. Click to find out and get the answers you need.

How to Prepare Your After School or OST Program for Reopening

We’ve put together this guide on how to prepare your program for reopening. We’ll highlight the most important steps you can take when reopening your program.

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School Business Plan Template

Written by Dave Lavinsky

School Business Plan

Over the past 20+ years, we have helped over 500 entrepreneurs and business owners create business plans to start and grow their schools.

If you’re unfamiliar with creating a school business plan, you may think creating one will be a time-consuming and frustrating process. For most entrepreneurs it is, but for you, it won’t be since we’re here to help. We have the experience, resources, and knowledge to help you create a great business plan.

In this article, you will learn some background information on why business planning is important. Then, you will learn how to write a school business plan step-by-step so you can create your plan today.

Download our Ultimate Business Plan Template here >

What is a School Business Plan?

A business plan provides a snapshot of your school as it stands today, and lays out your growth plan for the next five years. It explains your business goals and your strategies for reaching them. It also includes market research to support your plans.

Why You Need a Business Plan for a School

If you’re looking to start a school or grow your existing school, you need a business plan. A business plan will help you raise funding, if needed, and plan out the growth of your school to improve your chances of success. Your school business plan is a living document that should be updated annually as your company grows and changes.

Sources of Funding for Schools

With regards to funding, the main sources of funding for schools are donations and gifts, tuition, personal savings, credit cards, bank loans, and angel investors. When it comes to bank loans, banks will want to review your business plan and gain confidence that you will be able to repay your loan and interest. To acquire this confidence, the loan officer will not only want to ensure that your financials are reasonable, but they will also want to see a professional plan. Such a plan will give them the confidence that you can successfully and professionally operate a business. Personal savings and bank loans are the most common funding paths for schools.

Finish Your Business Plan Today!

How to write a business plan for a school.

If you want to start a school or expand your current one, you need a business plan. The guide below details the necessary information for how to write each essential component of your school business plan.

Executive Summary

Your executive summary provides an introduction to your business plan, but it is normally the last section you write because it provides a summary of each key section of your plan.

The goal of your executive summary is to quickly engage the reader. Explain to them the kind of school you are running and the status. For example, are you a startup, do you have a school that you would like to grow, or are you operating a chain of schools?

Next, provide an overview of each of the subsequent sections of your plan.

• Give a brief overview of the school industry.
• Discuss the type of school you are operating.
• Detail your direct competitors. Give an overview of your target customers.
• Provide a snapshot of your marketing strategy. Identify the key members of your team.
• Offer an overview of your financial plan.

Company Overview

In your company overview, you will detail the type of school you are operating.

For example, you might specialize in one of the following types of schools:

• Private K-12 school : this type of school typically charges tuition, and may be affiliated with a religious organization, or specialize in a particular learning method.
• Charter school: this type of school offers primary or secondary education for a tuition, and may receive some public funding, and/or donations. These schools require their students to take state-mandated exams.
• Special subject school: this type of school specializes in teaching a specific subject, such as driving, first-aid, self-defense, fine arts, language, or general tutoring.
• Preschool: this type of school typically serves children who are aged 3 and 4. These schools prepare young children to enter formal education, and are funded by some combination of tuition, donations, and government grants.

In addition to explaining the type of school you will operate, the company overview needs to provide background on the business.

Include answers to questions such as:

• When and why did you start the business?
• What milestones have you achieved to date? Milestones could include the number of students served, the number of students accepted into elite formal education institutions, etc.
• Your legal business Are you incorporated as an S-Corp? An LLC? A sole proprietorship? Explain your legal structure here.

Industry Analysis

In your industry or market analysis, you need to provide an overview of the school industry.

While this may seem unnecessary, it serves multiple purposes.

First, researching the school industry educates you. It helps you understand the market in which you are operating.

Secondly, market research can improve your marketing strategy, particularly if your analysis identifies market trends.

The third reason is to prove to readers that you are an expert in your industry. By conducting the research and presenting it in your plan, you achieve just that.

The following questions should be answered in the industry analysis section of your school business plan:

• How big is the school industry (in dollars)?
• Is the market declining or increasing?
• Who are the key competitors in the market?
• Who are the key suppliers in the market?
• What trends are affecting the industry?
• What is the industry’s growth forecast over the next 5 – 10 years?
• What is the relevant market size? That is, how big is the potential target market for your school? You can extrapolate such a figure by assessing the size of the market in the entire country and then applying that figure to your local population.

Customer Analysis

The customer analysis section of your school business plan must detail the customers you serve and/or expect to serve.

The following are examples of customer segments: families with elementary-aged children, families with high-school-aged children, families with preschool children.

As you can imagine, the customer segment(s) you choose will have a great impact on the type of school you operate. Clearly, families with high schoolers would respond to different marketing promotions than families with preschoolers, for example.

Try to break out your target customers in terms of their demographic and psychographic profiles. With regards to demographics, including a discussion of the ages, genders, locations, and income levels of the potential customers you seek to serve.

Psychographic profiles explain the wants and needs of your target customers. The more you can recognize and define these needs, the better you will do in attracting and retaining your customers.

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Competitive Analysis

Your competitive analysis should identify the indirect and direct competitors your business faces and then focus on the latter.

Direct competitors are other schools.

Indirect competitors are other options that customers have to purchase from that aren’t directly competing with your product or service. This includes public schools, virtual schools, and families who do homeschooling. You need to mention such competition as well.

For each such competitor, provide an overview of their business and document their strengths and weaknesses. Unless you once worked at your competitors’ businesses, it will be impossible to know everything about them. But you should be able to find out key things about them such as

• What types of students do they serve?
• What type of school are they?
• What is their pricing (premium, low, etc.)?
• What are they good at?
• What are their weaknesses?

With regards to the last two questions, think about your answers from the customers’ perspective. And don’t be afraid to ask your competitors’ customers what they like most and least about them.

The final part of your competitive analysis section is to document your areas of competitive advantage. For example:

• Will you provide specialized instruction, either in subject or in method?
• Will you offer courses or services that your competition doesn’t?
• Will you provide better customer service?
• Will you offer better pricing?

Think about ways you will outperform your competition and document them in this section of your plan.  

Marketing Plan

Traditionally, a marketing plan includes the four P’s: Product, Price, Place, and Promotion. For a school business plan, your marketing strategy should include the following:

Product : In the product section, you should reiterate the type of school that you documented in your company overview. Then, detail the specific products or services you will be offering. For example, will you provide religious-focused K-8 education, college preparatory courses, or single-subject instruction like driving or fine arts?

Price : Document the prices you will offer and how they compare to your competitors. Essentially in the product and price sub-sections of your plan, you are presenting the courses and/or extracurricular activities you offer and their prices.

Place : Place refers to the site of your school. Document where your company is situated and mention how the site will impact your success. For example, is your school located in a growing neighborhood, in the city center, or will you operate purely online? Discuss how your site might be the ideal location for your customers.

Promotions : The final part of your school marketing plan is where you will document how you will drive potential customers to your location(s). The following are some promotional methods you might consider:

• Advertise in local papers, radio stations and/or magazines
• Reach out to websites
• Distribute flyers
• Engage in email marketing
• Advertise on social media platforms
• Improve the SEO (search engine optimization) on your website for targeted keywords

Operations Plan

While the earlier sections of your business plan explained your goals, your operations plan describes how you will meet them. Your operations plan should have two distinct sections as follows.

Everyday short-term processes include all of the tasks involved in running your school, including answering calls, planning and delivering instruction, applying for grants, fundraising, performing administrative tasks, overseeing instructors, handling discipline, scheduling and monitoring extracurricular activities, etc.

Long-term goals are the milestones you hope to achieve. These could include the dates when you expect to enroll your Xth student, or when you hope to reach $X in revenue. It could also be when you expect to expand your school to a new city.  

Management Team

To demonstrate your school’s potential to succeed, a strong management team is essential. Highlight your key players’ backgrounds, emphasizing those skills and experiences that prove their ability to grow a company.

Ideally, you and/or your team members have direct experience in managing schools. If so, highlight this experience and expertise. But also highlight any experience that you think will help your business succeed.

If your team is lacking, consider assembling an advisory board. An advisory board would include 2 to 8 individuals who would act as mentors to your business. They would help answer questions and provide strategic guidance. If needed, look for advisory board members with experience in running a school or experience with public school administration or who has served on a public school board.  

Financial Plan

Your financial plan should include your 5-year financial statement broken out both monthly or quarterly for the first year and then annually. Your financial statements include your income statement, balance sheet, and cash flow statements.

Income Statement

An income statement is more commonly called a Profit and Loss statement or P&L. It shows your revenue and then subtracts your costs to show whether you turned a profit or not.

In developing your income statement, you need to devise assumptions. For example, will you enroll 100 or 1,000 students per semester, and/or offer extracurricular activities? And will sales grow by 2% or 10% per year? As you can imagine, your choice of assumptions will greatly impact the financial forecasts for your business. As much as possible, conduct research to try to root your assumptions in reality.

Balance Sheets

Balance sheets show your assets and liabilities. While balance sheets can include much information, try to simplify them to the key items you need to know about. For instance, if you spend $50,000 on building out your school, this will not give you immediate profits. Rather it is an asset that will hopefully help you generate profits for years to come. Likewise, if a lender writes you a check for $50,000, you don’t need to pay it back immediately. Rather, that is a liability you will pay back over time.

Cash Flow Statement

Your cash flow statement will help determine how much money you need to start or grow your business, and ensure you never run out of money. What most entrepreneurs and business owners don’t realize is that you can turn a profit but run out of money and go bankrupt.

When creating your Income Statement and Balance Sheets be sure to include several of the key costs needed in starting or growing a school:

• Cost of equipment and supplies
• Payroll or salaries paid to staff
• Business insurance
• Other start-up expenses (if you’re a new business) like legal expenses, permits, computer software, and equipment

Attach your full financial projections in the appendix of your plan along with any supporting documents that make your plan more compelling. For example, you might include your school location lease or a list of elective courses or extracurricular activities you will offer.  

Writing a business plan for your school is a worthwhile endeavor. If you follow the template above, by the time you are done, you will truly be an expert. You will understand the school industry, your competition, and your customers. You will develop a marketing strategy and will understand what it takes to launch and grow a successful school.  

School Business Plan FAQs

What is the easiest way to complete my school business plan.

Growthink's Ultimate Business Plan Template allows you to quickly and easily write your school business plan.

How Do You Start a School?

Starting a school is easy with these 14 steps:

• Choose the Name for Your School
• Create Your School Business Plan
• Choose the Legal Structure for Your School
• Secure Startup Funding for Your School (If Needed)
• Secure a Location for Your Business
• Register Your School with the IRS
• Open a Business Bank Account
• Get a Business Credit Card
• Get the Required Business Licenses and Permits
• Get Business Insurance for Your School
• Buy or Lease the Right School Equipment
• Develop Your School Business Marketing Materials
• Purchase and Setup the Software Needed to Run Your School
• Open for Business

Learn more about   how to start your own school .

Don’t you wish there was a faster, easier way to finish your School business plan?

OR, Let Us Develop Your Plan For You

Since 1999, Growthink has developed business plans for thousands of companies who have gone on to achieve tremendous success.   Click here to learn about Growthink’s business plan writing services .

Other Helpful Business Plan Articles & Templates

How to Create an After School Lesson plan; Examples, Template and Ideas

• Post author: Janelle Vogel
• Post published: December 13, 2019
• Post category: Program Leadership
• Post comments: 0 Comments

The main goal of After School is to provide a safe place for children to complete homework, build social skills, and develop interests.  But you and I know that it goes much deeper than that.  To create a quality after-school program, you need to start with a high caliber after school lesson plan.   A quality lesson plan provides a free choice environment rich with purposefully themed planning and a well-rounded curriculum.

If you are reading this, it is clear that you are passionate about providing the best program for the children you serve,  and I am happy to share with you my recipe for a quality program plan.

Let me start by saying that my experience, is just that, an experience.  In my years, I have worked in a variety of different after school and summer camp programs. In those work environments I have held a range of different positions with varying responsibilities.

I have created what I consider the best high quality after school lesson plan formula for school age programming.  This recipe was created from a combination of experience, education and training. I have had tremendous success with my plans and I hope you will as well. 

Key Concepts to a Quality After School Lesson Plan

Creating a successful After School lesson plan requires commitment to your program and the children you serve, as well as,  a few key concept in planning. 

Free Choice Programming

It may seem backwards to promote free choice options when talking about creating quality lesson plans. But free choice is an important part of the formula for a success program.

Giving children the option to choose what activities they want to take part in, creates an environment of respect conducive to out-of-school time learning.  In my experience children are more willing to take part in and enjoy the activity when it’s something they choose to do, rather than something they feel they have to do.

Be mindful that not every child wants to make a  crayon candle  or build a  balloon rocket  even if you spent a lot of time planning and preparing the activity.  Interests vary, and choosing to read a book, play pretend school or build a Lincoln log house is a quality options for social development. While you need to offer well structured planned activities, remember that kids also learn through play.

Theme Planning

ou may already do this. Pick a topic to plan activities around, for example,  Homemade games Week  or  Space Week .  Themes help create quality by allowing you to touch on different interests weekly to ensure you are providing well-rounded lessons in your program. Another benefit of theme weeks is that planning becomes easier. Just go to Pinterest and type in “space theme activities for kids,” you will have hundreds of activities to choose from.  I am not saying they are all quality options, but somewhere in the mix are a few good ones.  Check out this list of themes for some ideas.

Purposeful Planning for After School Lesson Plans

What I mean by purposeful planning is having intention with your lesson.  For example, I may feel that the kids in my care would benefit from a week dedicated to teamwork.  

I would then seek activities that emphasize teamwork. Now, don’t get me wrong, I would not call the week, “Teamwork week”.  The kids would be less inclined to participate if they knew I was trying to get them to be better people (she said joking..kinda) . I would stick to my weekly theme, but look for activities that support teamwork within that theme.  Maybe I would create a Space themed scavenger hunt, or break kids into teams for a Space STEM challenge.

Whatever the activity, it would require kids to work together, and if the kids struggle with the teamwork, it would give me an opportunity to help them work through the conflict and build on cooperation skills.

Create a Well-Rounded Curriculum

I touched on this a bit with themes, use variety in your lessons to create a well-rounded curriculum.  Decide on what you value and what you want your program to represent. I recommend the use of nine content areas I have worked into my lessons.  These nine areas are recommended by the School Age Curricular Framework, and I have found that when implemented into my program it created a more encompassing environment. The nine areas include:

Language, Literature & Numbers Activities  

Language, literature & Numbers activities includes reading, writing, speaking, thinking critically, self expression, numerical reasoning, and math concepts such as measuring, and basic statistics

Classic Examples include trivia, story telling, card games, debate club and mad libs. For more ideas check out our Language, literature & Numbers activities .

Art & Culture Activities

Art & Culture  includes crafts, dance, theater, music, visual arts and other types of expression

Classic art & culture ideas for after school programs include creating musical instruments, painting a picture, learning a classic dance such as a waltz or even the cha-cha slide. For more ideas view our art & c ulture activities .

Global Learning Activities

Global Learning activities encourage kids to investigate of  the world, translate ideas into actions to improve global conditions

Examples of global learning activities you can use in your after school lesson plan are activities that promote our similarities and differences like where the wind blows or what makes us different . You can teach kids basic sign language, or a few words in Spanish. If you are working with older kids you can incorporate wider reaching activities that ask kids to examine issues in the world. Click here to see more global learning activities.

Health & Wellness Activities

Health & Wellness activities includes nurturing of competent, caring and responsible children and youth and promotion of healthy living and well-being

Some examples of health and wellness activities you can use in your after school program include physical fitness challenges and active group games , healthy food projects like astronaut food or dinosaur eggs .

Environmental Learning Activities

Environmental Learning  – Increase knowledge and awareness about the environment and associated challenges to foster attitudes, motivation, and commitments

Examples of environmental learning activities that you can use when creating your lesson plan for school age kids include, building bird houses, creating a compost program and going on nature hikes. Click here to see more environmental learning activities for kids.

Media & Technology Activities

Media & Technology  include exploration and appropriate use of media, building and strengthening children’s ability to make good choices in their daily use of media and technology.

Some ways you can incorporate media & technology into your after school lesson plans is by have kids create a healthy use of technology poster, make a movie, have an internet trivia race where kid race to find the answer to tough questions.

Social & Emotional Development Activities

Social Emotional Development  – Integrate character education and social-emotional development to reinforce core ethical values of respect, responsibility and citizenship

Integrate social and emotional activities into your after school lesson plan through games like, emotional charades that promotes awareness of emotions. Gratitude tap is another game that promotes social awareness and self esteem. Click here to see more great social emotional development games. If you are interested in reading more about supporting social and emotional development in after school programs. View my article Social Emotional Growth in Child Care .

STEM activities

STEM  – Include Science Technology Engineering and Math activities that promote critical thinking and problem solving.

Bulk up your lesson plans with STEM activities like, an egg drop, building a kite , or a one of a kind Rube Goldberg Machine . Click here to see more awesome STEM activities.

Service Learning & Community Building Activities

Service Learning/Community Building – Increase knowledge and skills while making positive contributions to the world​

Some service learning examples are to create kindness rocks for your community or make busy boxes for the children’s hospital . You can also simply hold a food drive, or a car wash. Click here to see more service learning activities you can incorporate into your lesson plans.

​ I use some of these a lot more than others but I try to work each content area into my lessons at least once a month. You need to decide what your core content areas are, and then develop your plan for delivering that content.  ​

Structure of a Quality After school Lesson Plan

As you can see, instead of using a time of day plan I kept the times open-ended and list the specific activities. There are three listed categories per day.  The categories are Academic Activities, Large Group Activities & Active Games/Physical Fitness. ​

Academic Activities

This is the time of day I offer homework help and snack.  Although these are the focus of the first portion of our day we also offer an academic activity.  Often it is a STEM, environmental learning , reading or math activity . I make this the “academic activity” because I do not want it to take away from kids eating or getting homework done, which of course is priority number one.

Large Group Activities

This is the time of day I offer traditional after school craft, cooking project, computer time, or social game.  In my program this is the largest chunk of time in the day. I offer a free choice program so children are not required to take part in any activity; they are free to utilize other interest areas in our program if the large group activity does not interest them.  

Active Game & Physical Fitness

The active game & fitness time chunk is outdoor or gym time.  We plan a daily game for the children to play. As I mentioned before, we are a free choice program, however; I do make children take part in the group game for a minimum of five minutes before deciding to sit out.  (They usually end up playing, and forget that they wanted to sit out in the first place)   Now that you understand the structure of our day let’s move on to activity type. ​

Activity Type

You will see at the top of the lesson plan is an activity type legend, the nine categories listed there correspond with the content areas I utilize in my programming.  

This allows me to hold myself accountable in creating a well-rounded curriculum.  If I want to offer all nine content areas in a month and I have not yet offered a service learning activity , I can put down a SL (service learning) in the activity box for large group activity on Thursday, then when I am planning I know what kind of activity I am looking for.  This activity type is also useful for parents, they may not know what Drops on a penny means, but they can look and see that their child will have the option to participate in a STEM activity that day. 

Outcome for After School Lesson Plans

The outcome section is where I can write what the desired outcome of the activity will be. This is the purposeful planning piece.  When I plan that Space STEM challenge, I would write, “develop critical thinking and teamwork skills” in the outcome section of the lesson. This, like the activity type, can be done first to help you create that purposeful well-rounded curriculum.

Below is a Spy Week sample lesson plan, so you can get a visual understanding of a quality lesson plan. (All the items on this plan are available on this site. Search them to see how to run each activity!) Click here for a free printable Word template or click here for a free printable PDF version of my template.  I hope that my insight has helped you in your desire to bring a quality lesson plan to the children you serve.

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8 Business Plan Templates You Can Get for Free

8 min. read

Updated April 10, 2024

A business plan template can be an excellent tool to simplify the creation of your business plan. 

The pre-set structure helps you organize ideas, covers all critical business information, and saves you time and effort on formatting.

The only issue? There are SO many free business plan templates out there. 

So, which ones are actually worth using? 

To help remove the guesswork, I’ve rounded up some of the best business plan templates you can access right now. 

These are listed in no particular order, and each has its benefits and drawbacks.

What to look for in a business plan template

Not all business plan templates are created equal. As you weigh your options and decide which template(s) you’ll use, be sure to review them with the following criteria in mind:

• Easy to edit: A template should save you time. That won’t be the case if you have to fuss around figuring out how to edit the document, or even worse, it doesn’t allow you to edit at all.
• Contains the right sections: A good template should cover all essential sections of a business plan , including the executive summary, product/service description, market/competitive analysis, marketing and sales plan, operations, milestones, and financial projections. 
• Provides guidance: You should be able to trust that the information in a template is accurate. That means the organization or person who created the template is highly credible, known for producing useful resources, and ideally has some entrepreneurial experience.
• Software compatibility: Lastly, you want any template to be compatible with the software platforms you use. More than likely, this means it’s available in Microsoft Word, Google Docs, or PDF format at a minimum. 

1. Bplans — A plan with expert guidance

Since you’re already on Bplans, I have to first mention the templates that we have available. 

Our traditional and one-page templates were created by entrepreneurs and business owners with over 80 years of collective planning experience. We revisit and update them annually to ensure they are approachable, thorough, and aligned with our team’s evolving best practices.  

The templates, available in Word, PDF, or Google Doc formats, include in-depth guidance on what to include in each section, expert tips, and links to additional resources. 

Plus, we have over 550 real-world sample business plans you can use for guidance when filling out your template.

Download: Traditional lender-ready business plan template or a simple one-page plan template .

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2. SBA — Introduction to business plans

The U.S. Small Business Administration (SBA) offers two different business plan templates along with a short planning guide. 

While not incredibly in-depth, it’s enough to help you understand how traditional and lean plans are structured and what information needs to be covered. The templates themselves are more like examples, providing you with a finished product to reference as you write your plan.

The key benefit of using these templates is that they were created by the SBA. While they may provide less guidance, you can be assured that the information and structure meet their expectations.

Explore: The SBA’s planning guide and free templates

3. SCORE — Planning workbook

SCORE’s template is more like a workbook. It includes exercises after each section to help you get your ideas down and turn them into a structured plan.

The market research worksheets are especially useful. They provide a clear framework for identifying your target market and analyzing competitors from multiple angles. Plus, they give you an easy way to document all the information you’re collecting.

You will likely have to remove the exercises in this template to make it investor-ready. But it can be worth it if you’re struggling to get past a blank page and want a more interactive planning method.

Download: SCORE’s business plan template

4. PandaDoc — A template with fillable forms

PandaDoc’s library offers a variety of industry-specific business plan templates that feature a modern design flair and concise instructions. 

These templates are designed for sharing. They include fillable fields and sections for non-disclosure agreements, which may be necessary when sending a plan to investors.  

But the real benefit is their compatibility with PandaDoc’s platform. Yes, they are free, but if you’re a PandaDoc subscriber, you’ll have far more customization options. 

Out of all their templates, the standard business plan template is the most in-depth. The rest, while still useful, go a bit lighter on guidance in favor of tailoring the plan to a specific industry.

Explore: PandaDoc’s business plan template library  

5. Canva — Pitch with your plan

Canva is a great option for building a visually stunning business plan that can be used as a pitch tool. It offers a diverse array of templates built by their in-house team and the larger creative community, meaning the number of options constantly grows.

You will need to verify that the information in the template you choose matches the standard structure of a traditional business plan. 

You should do this with any template, but it’s especially important with any tool that accepts community submissions. While they are likely reviewed and approved, there may still be errors.

Remember, you can only edit these templates within Canva. Luckily, you only need a free subscription, and you may just miss out on some of the visual assets being used. 

To get the most value, it may be best to create a more traditional planning document and transfer that information into Canva. 

Explore: Canva’s business plan gallery

6. ClickUp — The collaborative template

Out of all the project management tools that offer free business plan templates, ClickUp’s is the most approachable.

Rather than throwing you into all the features and expecting you to figure it out—ClickUp provides a thorough startup guide with resource links, images, and videos explaining how to write a plan using the tool. 

There’s also a completed sample plan (structured like an expanded one-page plan) for you to reference and see how the more traditional document can connect to the product management features. You can set goals, target dates, leave comments, and even assign tasks to someone else on your team. 

These features are limited to the ClickUp platform and will not be useful for everyone. They will likely get in the way of writing a plan you can easily share with lenders or investors. 

But this is a great option if you’re looking for a template that makes internal collaboration more fluid and keeps all your information in one place.

Sign Up: Get a free trial of ClickUp and explore their template library

7. Smartsheet — A wide variety of templates

I’m including Smartsheet’s library of templates on this list because of the sheer number of options they provide. 

They have a simple business plan template, a one-page plan, a fill-in-the-blank template, a plan outline, a plan grading rubric, and even an Excel-built project plan. All are perfectly usable and vary in visual style, depth of instructions, and the available format.

Honestly, the only drawback (which is also the core benefit) is that the amount of templates can be overwhelming. If you’re already uncertain which plan option is right for you, the lengthy list they provide may not provide much clarity.

At the same time, it can be a great resource if you want a one-stop shop to view multiple plan types.

Explore: Smartsheet’s business plan template library  

8. ReferralRock affiliate marketing business plan

I’m adding ReferralRock’s template to this list due to its specificity. 

It’s not your standard business plan template. The plan is tailored with specific sections and guidance around launching an affiliate marketing business. 

Most of the template is dedicated to defining how to choose affiliates, set commissions, create legal agreements, and track performance.

So, if you plan on starting an affiliate marketing business or program, this template will provide more specific guidance. Just know that you will likely need to reference additional resources when writing the non-industry sections of your plan.

Download: ReferralRock affiliate marketing business plan template

Does it matter what business plan template you use?

The short answer is no. As long as the structure is correct, it saves you time, and it helps you write your business plan , then any template will work. 

What it ultimately comes down to, is what sort of value you hope to get from the template. 

• Do you need more guidance? 
• A simple way to structure your plan? 
• An option that works with a specific tool?
• A way to make your plan more visually interesting?

Hopefully, this list has helped you hone in on an option that meets one (or several) of these needs. Still, it may be worth downloading a few of these templates to determine the right fit. 

And really, what matters most is that you spend time writing a business plan . It will help you avoid early mistakes, determine if you have a viable business, and fully consider what it will take to get up and running. 

If you need additional guidance, check out our library of planning resources . We cover everything from plan formats , to how to write a business plan, and even how to use it as a management tool . 

If you don’t want to waste time researching other templates, you can download our one-page or traditional business plan template and jump right into the planning process.

See why 1.2 million entrepreneurs have written their business plans with LivePlan

Kody Wirth is a content writer and SEO specialist for Palo Alto Software—the creator's of Bplans and LivePlan. He has 3+ years experience covering small business topics and runs a part-time content writing service in his spare time.

Table of Contents

• Qualities of a good template
• ReferralRock
• Does the template matter?

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School Business Plan Template

Written by Dave Lavinsky

School Business Plan

You’ve come to the right place to create your school business plan.

We have helped over 5,000 entrepreneurs and business owners create business plans and many have used them to start or grow their schools.

Sample Private School Business Plan

Below is a school business plan template to help you create each section of your own education business plan.

Executive Summary

Business overview.

Southside Academy, located in St. Paul, Minnesota, is a private school that has been providing quality education to the community’s school children since 2017. Southside Academy teaches elementary, middle school, and high school students in a wide range of subjects including mathematics, science, and history. We aim to provide a welcoming and inviting environment where every student can reach their highest potential.

We promote academic, artistic, and athletic excellence in a close-knit learning environment, with a challenging curriculum that cultivates intellectual curiosity. Furthermore, we offer a low teacher-to-child ratio, where teachers can build close connections with their students as they help them excel. We develop confident, continual learners by establishing behavioral supports and the social culture needed for students to achieve social, emotional, and academic success.

Service Offering

Southside Academy offers a premium private education at an affordable tuition fee. We provide a challenging education where students can explore their true potential and a safe space where they can freely discover and express themselves. Our students range from 1st grade to 12th grade and we teach a wide variety of subjects including:

• Basic Mathematics
• Physical Education

Customer Focus

Southside Academy primarily serves families within a 5-mile radius of the school’s location. The area is home to thousands of middle and upper-class families looking for high-quality education for their children. Before the school was built, the area was underserved and many children had to travel far to attend quality private schools.

Management Team

Southside Academy’s founder is Mike Brown who has been working as a teacher for more than 20 years. Mike has taught at several public schools in the region but saw a great demand for private education. He noticed that the current location of the school was underserved and set out to create a school to serve this population. Mike Brown has successfully led Southside Academy as its principal since the school’s inception and will continue to do so for the foreseeable future.

Mike Brown is supported by a team that has experience teaching students, managing finances, and running businesses. Specifically, our team has solid experience in being effective teachers, connecting to different types of students, and achieving key goals.

Success Factors

Southside Academy is able to achieve success by offering the following competitive advantages:

• Location: Southside Academy’s location is near the center of town, giving members of our community easy access for parents and their children.
• Passionate and Skillful Teachers: Southside Academy hires teachers with strong academic backgrounds who are skillful in handling all types of children.
• Low teacher-to-student ratio: We provide a low teacher-to-student ratio so that every student gets personal attention from teachers to reach their highest potential.
• Affordable, quality education: Most of the schools in the area offer their services at a very expensive price. Our fees will be moderately low so that good education is accessible to all families.

Financial Highlights

Southside Academy is currently seeking additional donations of $600,000 in order to fulfill our mission. The breakdown of the funding may be seen below:

• Salaries: $200,000
• School Materials (books, toys, desks, chairs, etc): $180,000
• Administrative Expenses: $120,000 to pay for lease costs, ongoing operational expenses, and marketing.
• Working capital: $100,000

The following graph below outlines the pro forma financial projections for Southside Academy.

Company Overview

Who is southside academy, southside academy’s history.

Southside Academy started as an idea from a group of school teachers, including Mike Brown. The teachers were university pals who are passionate about teaching and children. They have seen the gaps in education in St. Paul, Minnesota, and wanted to create a school that elevates the academic environment for the children of this area.

Their plans to build a school started in 2015, but it was only until April 2016 that they finally completed all the paperwork and met the legal requirements. Since then, Southside Academy has achieved the following milestones:

• Found a location and built the school
• Developed the school’s name, logo, and website
• Determined curriculum
• Hired teachers and other key employees

Southside Academy’s Services

Industry analysis.

Education is an essential foundation for a thriving society. It’s more important than ever before that every child has access to affordable, high-quality education. While public schools are an essential option for many low-income families, the education provided by private schools often results in higher test scores and more students moving on to top-tier universities.

The private school industry has experienced steady growth in the past five years. The key industry drivers are economic growth, the rise in numbers of K-12 students, an increase in the number of families with both parents working, and government initiatives to support education.

According to Polaris Market Research, this growth is expected to continue with a forecasted compound annual growth rate of 6.6% from now until 2030. This shows that Southside Academy has great potential to keep growing and expanding. We will have ample opportunities to grow our curriculum and offer services to students that help them reach their highest potential.

Customer Analysis

Demographic profile of target market.

Southside Academy serves the families and children of St. Paul, Minnesota. The area is mostly populated by young couples and new families that have disposable income and can pay a premium for their children’s education.

The precise demographics of the town in which our location resides are as follows:

Customer Segmentation

We primarily target the following three customer segments:

• Young children
• Young couples

Competitive Analysis

Direct and indirect competitors.

Southside Academy faces competition from other schools with similar profiles. A description of each competitor company is below.  

Waters Independent School

Founded in 1968, Waters Independent School is a non-profit and tax-exempt independent school system. The school is governed by an independent Board of Trustees and offers preschool through eighth-grade programs. WIS is accredited by the state’s Council of Independent Schools (FCIS).

Waters Independent School has small class sizes with low student-to-teacher ratios. Further, WIS’ Programs include a strong academic foundation coupled with programs in the arts, physical education, media/technology, foreign language, and extracurricular areas.  

Hill Preparatory School

Founded in 1923, Hill Preparatory School is a private, non-sectarian, coeducational, college preparatory day school. It offers PK-12 programs in a safe, student-centered environment. HPS supports its students through the challenges of the school year with one-on-one attention from dedicated faculty, robust services like The Learning Center and the College Center, and the most advanced educational technology. The campus spans 28 acres and has a new 60,000+ square foot facility.  

Future Leaders Preparatory School

Founded in 1968, Future Leaders Prep is a private school for PreK3-8th grade. FLPS offers preschool, elementary school, and middle school programs and offers the International Baccalaureate program of study for all students. Teachers are endorsed in gifted education through a master’s level grant with [local University]’s College of Education Gifted Program. In addition to the school, Future Leaders offers community programs such as music, dance, art, and theater lessons through the Community School of the Arts, youth sports in the Community School for Sports, and the 7-week summer camp.

Competitive Advantage

There are many schools in St. Paul, Minnesota but none of them provides the same quality of education that Southside Academy provides, specifically the following:

Marketing Plan

Brand & value proposition.

The Southside Academy brand will focus on the school’s unique value proposition:

• Providing premium education at an affordable price
• Providing a supportive and challenging place for children to learn
• Giving parents the assurance that their children will reach their full potential

Promotions Strategy

The promotions strategy for Southside Academy is as follows:

Social Media

Southside Academy will invest heavily in a social media advertising campaign. The school will utilize social media accounts and invest in ads on all social media platforms. It will use targeted marketing to appeal to the target demographics.

Publications

The school will place print advertisements in key local publications, including newspapers, area magazines, and business newsletters. Additionally, Southside Academy will print brochures and place them in specific locations frequented by target individuals.

Website/SEO

Southside Academy will invest heavily in developing a professional website that displays all of the features and benefits of Southside Academy. It will also invest heavily in SEO so that the school’s website will appear at the top of search engine results.

Direct Mail

Southside Academy will blanket neighborhoods with direct mail pieces. These pieces will provide general information on Southside Academy and incentives to enroll.

Southside Academy prices its tuition at a moderate price so our students and their families feel they are getting great value when choosing our school.

Operations Plan

The following will be the operations plan for Southside Academy.

Operation Functions:

• Mike Brown is the school Principal. He manages the teachers, directs the direction of education, and serves as the head of the school.
• Mike is joined by Amanda Johnson who acts as the Administrative Assistant for the school. She helps Mike with the operations of the school as well as the marketing and administrative functions.
• Mike has hired an extensive team of highly qualified educators. Together, they teach dozens of subjects, including biology, chemistry, social studies, and mathematics. Every teacher that works for Southside Academy is passionate about education and pushing their students to reach their highest potential.

Milestones:

Southside Academy expects to achieve the following milestones in the following six months:

• 3/202X Kickoff of promotional campaign to attract new students
• 4/202X Start donation campaign
• 5/202X Hire new teachers for the upcoming year
• 6/202X Achieve donation/funding goal
• 7/202X Finalize list of incoming students for next year
• 8/202X Start next school year

Financial Plan

Key revenue & costs.

Southside Academy’s revenues come from student tuition fees and donations from both individuals and corporations.

The major costs for the company will be staffing, marketing expenses, location maintenance, equipment, and materials.

Funding Requirements and Use of Funds

Southside Academy is currently seeking additional fundraising and capital of $600,000 in order to fulfill our mission. The breakdown of the funding may be seen below:

Key Assumptions

The following outlines the key assumptions required in order to achieve the revenue and cost numbers in the financials and to pay off the startup business loan.

• Year 1: 200
• Year 2: 300
• Year 3: 400
• Year 4: 500
• Year 5: 600
• Tuition rate per year: $10,000

Financial Statements

Income statement, balance sheet, cash flow statement, school business plan faqs, what is a school business plan.

A school business plan is a plan to start and/or grow your school business. Among other things, it outlines your business concept, identifies your target customers, presents your marketing plan and details your financial projections.

You can easily complete your School business plan using our School Business Plan Template here .

What are the Main Types of School Businesses?

There are a number of different kinds of school businesses, some examples include: private K-12 school, charter school, virtual schools, independent schools, primary school, secondary education, or preschool.

How Do You Get Funding for Your School Business Plan?

School businesses are often funded through small business loans. Personal savings, credit card financing and angel investors are also popular forms of funding.

What are the Steps To Start a School Business?

Starting a school business can be an exciting endeavor. Having a clear roadmap of the steps to start a business will help you stay focused on your goals and get started faster.

1. Develop A School Business Plan - The first step in starting a business is to create a detailed school business plan that outlines all aspects of the venture. This should include potential market size and target customers, the services or products you will offer, pricing strategies and a detailed financial forecast.  

2. Choose Your Legal Structure - It's important to select an appropriate legal entity for your school business. This could be a limited liability company (LLC), corporation, partnership, or sole proprietorship. Each type has its own benefits and drawbacks so it’s important to do research and choose wisely so that your school business is in compliance with local laws.

3, Register Your School Business - Once you have chosen a legal structure, the next step is to register your school business with the government or state where you’re operating from. This includes obtaining licenses and permits as required by federal, state, and local laws.

4. Identify Financing Options - It’s likely that you’ll need some capital to start your school business, so take some time to identify what financing options are available such as bank loans, investor funding, grants, or crowdfunding platforms. 

5. Choose a Location - Whether you plan on operating out of a physical location or not, you should always have an idea of where you’ll be based should it become necessary in the future as well as what kind of space would be suitable for your operations. 

6. Hire Employees - There are several ways to find qualified employees including job boards like LinkedIn or Indeed as well as hiring agencies if needed – depending on what type of employees you need it might also be more effective to reach out directly through networking events. 

7. Acquire Necessary School Equipment & Supplies - In order to start your school business, you'll need to purchase all of the necessary equipment and supplies to run a successful operation. 

8. Market & Promote Your Business - Once you have all the necessary pieces in place, it’s time to start promoting and marketing your school business. This includes creating a website, utilizing social media platforms like Facebook or Twitter, and having an effective Search Engine Optimization (SEO) strategy. You should also consider traditional marketing techniques such as radio or print advertising. 

Learn more about how to start a successful school business:

• How to Start a School

Other Helpful Business Plan Templates

Nonprofit Business Plan Template

Watch CBS News

Biden is canceling $7.4 billion in student debt for 277,000 borrowers. Here's who is eligible.

By Aimee Picchi

Edited By Alain Sherter

Updated on: April 12, 2024 / 3:29 PM EDT / CBS News

The Biden administration on Friday said it's canceling $7.4 billion in student debt for 277,000 borrowers, with the recipients scheduled to receive emails today to alert them to their loan discharges. 

The latest effort extends the debt relief provider under President Joe Biden after the Supreme Court last year blocked  his administration's plan for broad-based student loan forgiveness. With the latest batch of loan cancellations, the White House said it has forgiven about $153 billion in debt for 4.3 million student borrowers. 

Biden, who had made student loan relief a major campaign pledge, is tackling an issue that affects about 43 million Americans with a combined  $1.7 trillion in student debt. It's a burden that some borrowers and their advocates say has harmed their ability to save for a home or achieve financial milestones, an issue that was echoed by Education Secretary Miguel Cardona in a conference call with reporters. 

"I talked to a teacher in New York this week who took out a loan for $30,000," Cardona said Friday, "and after over a decade of paying and being a teacher the debt was $60,000, and she was saying that the interest was so high that the payments that she was making wasn't even touching her principal."

He added, "We are fixing a broken system. We're relentless and taking steps to transform a broken system into one that works people across the country."

Here's what to know about who is eligible for the latest round of forgiveness.

Who qualifies for the student loan forgiveness?

Three groups of people qualify under the latest round of debt relief, the White House said. 

• $3.6 billion for 206,800 borrowers enrolled in the SAVE plan.

About $3.6 billion will be forgiven for nearly 207,000 borrowers enrolled in the Saving on a Valuable Education (SAVE) plan, an income-driven repayment program, or IDR, that the Biden administration created last year. 

The White House said borrowers who are getting their debt discharged under SAVE had taken out smaller loans for their college studies. The plan allows people to receive forgiveness after they made at least 10 years of payments if they originally took out $12,000 or less in loans to pay for college; borrowers with larger loans are eligible after 20 or 25 years of repayment, depending on what types of loans they have. 

 "You sacrifice and you've saved for a decade or more to make your student loan payments, and you originally borrowed $12,000 or less, you're going to see relief," Cardona told reporters. "An overwhelming number of those who qualify for SAVE were eligible for Pell grants and come from low- and middle-income communities."

• $3.5 billion for 65,700 borrowers in income-repayment plans.

These borrowers will receive forgiveness through "administrative adjustments" to repayment plans where loan servicers had made it tougher for some borrowers to qualify for relief.  

"These are people who paid for a long time but were being deprived of relief because of administrative and servicing failures," Cardona said. "These people met the contract of their loan" and will receive forgiveness.

• $300 million for 4,600 borrowers through Public Service Loan Forgiveness (PSLF).  

The PSLF program is designed to help public servants like teachers and government employees achieve debt forgiveness after 10 years of repayment. It's a program that started in 2007 but had been plagued with complex rules that effectively hampered people from getting their debt discharged, with only 7,000 receiving loan forgiveness prior to the Biden administration. 

With the latest round of discharges, the Biden administration has forgiven $62.8 billion in loans for 876,000 borrowers through PSLF. 

Are there legal challenges to Biden's debt forgiveness plans?

In two separate lawsuits, Republican attorneys general in 18 states are pushing to have the SAVE plan tossed and to halt any further student debt cancellation. They say the SAVE plan oversteps Biden's authority and makes it harder for states to recruit employees. They also contend the plan undermines a separate cancellation program that encourages careers in public service.

It's unclear what the suits could mean for loans that have already been canceled. A court document filed by Kansas' attorney general says it's "unrealistic to think that any loan forgiveness that occurs during this litigation will ever be clawed back."

—With reporting by the Associated Press.

• Biden Administration
• Student Loan

Aimee Picchi is the associate managing editor for CBS MoneyWatch, where she covers business and personal finance. She previously worked at Bloomberg News and has written for national news outlets including USA Today and Consumer Reports.

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