Week 1 Project: Business Plan - Part I

Company Description – The Montessori Homeshoolers Enrichment Center will provide classes for home schooled children to augment their education. One of the biggest hurdles with home schooling is the lack of social interaction with other children their own age. We are going to provide that in a Montessori rich environment where the students will learn what they want at their own pace. The Children’s Theater will be an additional project that falls in line with the home school program.

• Mission – Or mission is to build a fun and educational community for homeschooling families and offer an empowering supplement to alternative education.
• Services – The school will offer two age groups (2-5 and 6-9) a program that will supplement the student’s home school education. This is intended to give the homeschool parents an opportunity for their children to socialize and receive lessons from another perspective. The Theater will prepare and perform a show every 6 weeks with 5-7 shows for each production.
• Development-to-Date – So far we have a location in mind, we are still working with the realtor to negotiate terms with the building owner. We have the basic plan for schedule of both projects and are working on a financial plan.
• Legal Status and Ownership – We are going with a partnership because it is a small business and needs a simple start. Addicus and Jen Patton will be the co-owners.

Operations and Management – The Center will be located in Ewa Beach, HI. The building will be renovated for two classrooms that can accommodate 24 students, a stage area for performances, a play scape outside for outdoor activities and a kitchen for meals and concessions.

• Technology – A web site detailing the programs and show times will be essential to getting recognized and understood. We will need some lighting and sound equipment for the performances. A computer system for the building will be necessary for daily operation to include: Checking in students, applications for new students, and the office management portion of the business.
• Management – Jen will be the program director as well as one of the lead teachers. She will need and office assistant and a classroom assistant. This will help her to be effective in both rolls. Addicus will be the theater manager and will handle the schedule and overall production of each show. The shows will be cast from a core group of volunteer actors and open auditions.
• Key Employees – In the beginning we will do as much of the work ourselves as we can. That being said we understand that we will need at least a few other employees to include:
• Second Lead Teacher (already in talks)
• 2 Assistant teachers (1 already in talks)
• Stage Director and Cast (part time)
• Cook – Part Time (already in talks)
• Office Assistant
• Financial Advisor (filled)
• Key Advisors –As mentioned in a earlier project we have a few friends giving us pointer and guidance on different aspects of this venture:
• Former Employer: Opened and ran a successful a pre-school in southern California.
• Program Director: A friend who runs a Home-School enrichment program located on the other side of the island. Her program is ending at the end of next year because she is leaving the area. She started her program from nothing and has made it an efficient program.
• Financial Advisor: Another friend that homeschools her child and is a financial specialist. She gives us advice and has agreed to help us with the financial aspects of getting the business open. Her child is lined up to be a student at the Enrichment program.
• Realtor: He is helping us find a location that will suit our unique needs and fit into out loose budget.
• Management Structure –