Understand how to create a business plan
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Question 1 of 5
Which of these could you consider to be running costs for a home based childcare business? Select the four correct answers.
Food
Nappies
Baby wipes
Satellite TV subscription
Outings
Swimming lessons
Which questions should you answer when preparing to create a business plan for a home based childcare business? Select the four correct answers.
Whether you need to register with Ofsted?
Who to choose to supply your electricity?
Where it will be located?
What type of mobile phone you will need?
What sort of childcare you will offer?
What type of insurance you might need?
If you choose to employ an assistant you will need to have employer’s liability insurance. Is this statement true or false?
TRUE
FALSE
Which of these types of insurance will you need to have in order to register your home based childcare business with Ofsted?
Buildings insurance
Public liability insurance
Health insurance
Life insurance
What factors can influence the fees you charge for a home based childcare business? Select the four correct answers.
Running costs of the business
Hours during which the business is available
Income levels of parents in the area
Make of car you drive whilst transporting children
Fees charged by other childcare businesses in the area
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