Finance and Design

Pleas carefully read THIS ASSIGNMENT HAS 2Parts. TASK ONE for this assignment is to Complete this business plan questionnaire as if you were in the process of opening a child care center.Make sure your answers are very detailed.HERE ARE THE FOLLOWING Questions. 1.Will you need a loan to start or expand the center?If, so, approximately how much? 2.What will the loan be used for? 3.What sources will you use to obtain the loan?(bank, credit union, family member,state , or city) 4.What is (are)the item(s) to be purchased and at what cost(s) 5.Who will be supplying these items? 6.Do you have a personal savings,checkings, or business account with a local bank?if , so which one? who is your banker? 7.Have you approached them about your loan request? what was their response? 8.Do you own any assests or items of value? if so what? 9.Would you be willing to use your personal assets as collateral against a loan to provide your center with a stable equity base? 10.Have you prepared a projected profit and loss statement showing the potential revenues versus expenses of your center during your first 3 years of operation? 11.Will you need assistance in preparing such statements? 12.Can you provide personal tax returns for the past 3years?NO 13.How will a loan make your business profitable? Task TWO of this assignment is to CREATE a DIAGRAM which details a floor plan for your ideal child care center including a few paragraphs that: >Describe the center >Detail the most important aspects of the center >Note the number of children the center will serve-break down the total number by ages served.

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