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.

In my SWOT analysis, objective about the weaknesses of Little Giants.

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

buildings.
The opportunities with a Little Giants can be exciting. There is always the potential of growth, which includes not only more children but the possibility of additional buildings. These year alone they were pack so the owner is looking at building another building soon. Once established, more children can be enrolled into the program. They also provide care for children whose low-income families benefit from government programs, which could help ensure that you'll receive full payment.
The threats aspect of Little Giants is focus on competition, especially from companies that offer in-house child care and other childcare centers. There is also the possibility of lawsuits for alleged cases of neglect or abuse, which can happen even in the best-run and -staffed facilities. There is also the risk of high employee turnover and difficulties in finding qualified staff members.
A SWOT report is to analyze determine the profitability of a child care center in my area. I must look at every aspect equally and decide whether the SWOT favors the proposition or not. Even if my SWOT reveals several weaknesses and threats, this can be a good thing since it forces me to find solutions to these issues. For example, the threat of lawsuits can be addressed through the purchase of liability insurance that covers a variety of situations that can occur involving children and parents on my premises. This threat can also be mitigated if I develop excellent employee training materials and center policies for security and safety.