Brighter Beginnings CDC Inc | Application Preview
Brighter Beginnings CDC Inc. is seeking government grants to fund the purchase of land and a facility for a new childcare location. Currently renting their space for the past three years, the funding will also support hiring a contractor, moving existing furniture and equipment, and acquiring new items.
The business plan outlines a commitment to maintaining profitability over the next five years while expanding to new locations in nearby areas. The owner, with over 20 years of experience in childcare, expresses a deep passion for providing quality services to families. Holding degrees in Business Administration and Education, the owner has successfully operated the business for nine years.
Brighter Beginnings faces competition from larger childcare organizations like Childcare Network, Center of Excel, and New Beginnings. However, the company's competitive advantage lies in its personal approach, prioritizing strong relationships with families and viewing employees as vital assets. The owner emphasizes a goal beyond profit—ensuring family satisfaction and fostering community connections.
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General Information
Business Registration Number: 834120784
Location: Jacksonville, NC, United States
Length of Operation: 6-10
Number of Employees: 11-25 Employees
Annual Gross Income: $500k to $1M
Annual Gross Expense: $500k to $1M
Open to Loans: YES
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Funding Usage
We will use this funding to purchase land and facility for a new location. We have been renting the building and land we are currently in for the past 3 years. The funding will also cover hire of contractor, moving furniture, equipment, and purchasing new equipment and furnishing.
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Business Plan
In the next five years I plan to continue to operate a profitable business and open other location in surrounding areas. I love what i do and it brings me great joy providing quality childcare to the families in my community. I have been doing this for over 20 years. I started out as a teacher now I own and operate my own business for the past 9 years. I hold a B.A. and MBA in Business Administration and a MBA in Education. I want to continue to serve the families and provide jobs within my community.
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Self Identified Competition
My top 3 competitors are large corporate organizations Childcare Network, Center of Excel, and New Beginnings What makes me different is I’m not a huge corporation. I place high emphasis on building long lasting relationships with my families. I see my employees as assets to my company. I work hard to establish good reputation and credibility within the community. I don’t just want to make money but I want to ensure the families are happy and we have great lines of communication. I want what I do to go beyond the walls of the building and reach every individual or family in the community and surrounding areas that I can help.
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Contact Applicant
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