Time To Learn & Grow Academy LLC. | Application Preview
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General Information
Business Registration Number: 259900
Location: Elkton, MD, United States
Length of Operation: 1-5
Number of Employees: 1-10 Employees
Annual Gross Income: Less than $100k
Annual Gross Expense: Less than $100k
Open to Loans: YES
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Funding Usage
Supplies, inventory, marketing, payroll, expansion, renovations and repairs.
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Business Plan
I plan to expand from a family childcare home into a childcare center. I also plan to hire a staff such as Directors, Teachers, Aides and Volunteers. I would like to add a preschool and or head start program. There is a need in my community for childcare. The demand for childcare is not meeting the needs of parents and families who need childcare. The daycares in the area are already at capacity and or they do not accept infants and old accept toddlers. Also, a daycare in close proximity has just announced they are closing permanently, and the parents are scrambling to find a new childcare program. In my development they are building new homes, and the population is going to continue to grow larger, I could use the funds to invest in a daycare center so that I can provide a safe and educational place for our children and families.
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Self Identified Competition
Tots for Landing 201 E. Cecil Ave, Elkton, MD 21901- At capacity can no longer accept children. There licensed capacity is 41 kids. Jesus Loves Me Childcare 206 Mechanics Valley Road, Northeast, MD 21901- Does not accept infants only toddlers. Parents are need of infant care. My program can take only two infants but if could get the money to expand into a center I can have more. Reach For the Stars - 731 W. Pulaski Highway - Daycare is closing permanently with a licensed capacity of 80 children. Parents are now scrambling for care because of the day care permanently closing in my area. This could be a business opportunity for me to expand into a center from a family childcare home and get the kids who now have to leave this daycare into my daycare program. I am an entrepreneur, and I started my family childcare from the ground up. I worked hard to be my own boss and I am a single mother with one school aged son. My daycare is inside of a home which some parents prefer instead of a daycare center. My program can give more one-on-one attention than a large daycare facility. I also accept infants and some of my competitors do not.
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Contact Applicant
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