Little Giants Swot Analysis

Little Giants Learning Academy just opened their second a child care center. One way to evaluate their potential success in opening and operating a child care center is to perform a SWOT analysis to look at Strengths, Weaknesses, Opportunities and Threats. This involves examining the present strengths and weaknesses of the venture as well as the potential opportunities and threats to such a business.

The strength section of a SWOT analysis needs to look at the demand for the center's services. Single parents are usually workers who need child care, and there are many marriages in which both people work and are in need of child care for their children. There is also the strength of having funding from federal government agencies eager to help improve access to quality child care. Like Apple, Food programs, and Quality Counts. Another strength for Little Giants is that it provides a creative look for the owner who is able to develop the theme and early childhood curriculum to be used. This strength works hand in hand with the community they provide when they offer quality child care that enriches the lives of children.

This will help them prepare for challenges and avoid conflicts later in the process. Start-up costs can be a lot of money, when they look at including a building with a kitchen, insurance, supplies and a marketing budget. They must also obtain licensing to run the operation and be in compliance with all local, state and federal laws. Don't forget to include the daily costs of running the business, including utilities and food. Finally, the maintenance of the center can be expensive with painting, repairs, replacement furniture and other supplies. Which a lot of it is done by a few handy man that know the owner and works on both