Executive Summary Data

Complete the following template:

Executive Summary Element	Research Results
Marketing
Product/Service Idea- Describe Product/Service Characteristics
Benefits/Features	Our business idea is based on a much-needed service, consisting of a Childcare Center that has the capability of providing daycare services for ALL children, including those with disabilities. Our research has shown, through demographics, government statistics and the prevailing local market, there is a critical shortage of quality daycare centers for children in general, but especially those children with special needs. This shortage creates an excellent opportunity for us to fill a large gap in a substantial market. According to the Family Enrichment Network, (2020), Starting a child-care center can be an overwhelming and difficult process. Child-care centers are greatly needed in our community, especially QUALITY child-care centers! This Author indicates and supports our contention that, while the start-up process and adhering to state requirements are challenging, there is a definite need for this type of service, which we intend to do to the highest of quality standards and doing it profitably.
Unique Features	Specifically, the Unique Features and characteristics of our service/facility and faculty will include consideration of the following, (Gerber, 2020): Entrance to the facility/accessibility. Is the entrance to the daycare facility accessible? A facility that caters to the disabled should have a ramp or lift that assists those using mobility devices to easily access the building. Automatic doors are also a sign that it is an accessible facility. Indoor facilities. The inside of the facility should appear clean, smell clean, and have accessible classroom doors, tables, chairs, and bathrooms. If there is more than one floor of the building, is there an elevator for students using mobility devices? Take the time to actually walk around the facility to get a feel for how your child will navigate their way each day. Classroom child to staff ratio. In order for a child to get the attention they need, they require as much one-on-one time with a teacher as possible. In some cases, a child may need an aide that spends the entire day with the child to make sure that all of their needs are being met. Research provider skills. Do the teachers have the skills, training, and experience to teach a child with a specific disability? Don't be afraid to ask about the background of any and all professionals and paraprofessionals who will be working with your child. As you are well aware, as a parent of a child with a disability, "book smarts" and "street smarts" can differ. Do the teachers and other staff appear to have experience working with a child with a disability like yours, and more, do they seem to have a passion for doing so? Make sure that the facility chosen has the staff with the best skills and experience to care for a disabled child. Educational environment. The best daycare facility has a positive educational environment that promotes the physical, emotional, and social growth of all of the children in a classroom. Look for a classroom where the children are being engaged and are allowed to interact with each other. As much as possible and you are allowed, take the time to attend a few classes and be a "fly on the wall" so you can get an idea what your child will experience each day. Discipline and guidance. Observe a class in progress as well as other group activities being led by teachers. What form of discipline is being used to maintain control of a group of children? How are the children being guided to do what is being asked of them in class? Don't assume you have the answer, and specifically ask how any problems will be dealt with, thinking of concerns that may arise with your child. Are you comfortable with this approach? Will the staff call you if a concern arises? It's important to any child that there is consistency between the daycare environment and the home environment. If there are any concerns you have about philosophies that differ from your own, bring them to light right away, before your child enters that environment. Staff response time. As you are observing a class or other instruction if a child does something that requires a teachers response, how long does the child wait? Are there aides in the classroom that can assist the teacher to see to the immediate needs of the children? Again, taking the time to sit in on classroom activities, if this is allowed, will give you a chance to visualize how this works in the particular daycare. Planned activities. What is a typical day like at the daycare facility? Find out what type of activities are planned on a daily basis. Ask if field trips are given and if so, how often. Is there a playground, gym, or therapy pool on the premises? All of these things will be considered and incorporated into the business planning stages, along with the specific government licensing requirements, OSHA and Public Health department for all safety and health requirements. In getting started, it is recommended we begin with the Office of Children and Family Services website, at www.ocfs.state.ny.us. This will identify all of the requirements necessary.
Limits and Liabilities	Limits will be in accordance with New York state, County and City laws. Liabilities will be insured in accordance with state guidelines.
Production and Delivery or Service Execution	Service execution will commence upon completion of all state/county/city level requirements are met, as well as all permitting requirements from Health and Safety are met and received, qualified staff are in place, and certifications and requisite inspections are complete.
Suppliers	Suppliers will be determined through a formal bidding process for initial construction and equipment requirements. Operational supplies will be determined on an as-needed basis by executive staff and management.
Intellectual Property/Permits	Permits will be obtained by the General Contractor for all building and construction needs. Business license and personnel credentialling will be obtained by executive staff and/or management.

Business Location- Describe Planned Business Location
Home Based	Our main facility will be in New York City, New York. The facility will be big enough to care for at least 25 children. The ideal business location will be located within the middle of New York City, New York. Being in the heart of the city makes the facility more accessible for parents commute to their employer.
Multiple Locations	The business venture will first start off with one location and expand into multiple facilities as the student base grows. When the business has reached the maximum of 50 kids on the waiting list, we will open a new facility.
Lease Facility- Existing Facility	We have decided upon purchasing an existing facility, since we are working with student with disabilities. We will need to have a major renovation done to a new facility to implement spacious and creative rooms for students based off their age range. The facility would need to be within the budget of $95.00 or less per square foot.
Virtual	Due to the business offering care only within the facility, the only virtual option we will have is for parents to pay their bill and schedule vacations for their child.
New Facility Construction- Own	The cheapest and most logical purchase for our specific design of the facility, would be to purchase an existing facility. With the average costs for a new construction facility in New York is $362 per square foot, for 2,000 square feet the team would be out of roughly $724,000.00 for construction.
New Facility Construction- Lease	For a new construction in New York City, New York, for 2,000 square feet the team would be out of roughly $724,000.00 for just construction.

Based on the provided information, What information should be added to the "Additional Executive Summary Information"?