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