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Abstract

Stephanie’s Day Care Centre will be a service-oriented facility located in Montego Bay, offering various educational and recreational services for children. The center will employ both skilled and unskilled workers, with an initial capital of $100,000 sourced from personal savings, family gifts, and a bank loan secured by collateral. It aims to provide a hygienic and technologically equipped environment while being registered with relevant health authorities.

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Anthony Benson
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71 views2 pages

Abstract

Stephanie’s Day Care Centre will be a service-oriented facility located in Montego Bay, offering various educational and recreational services for children. The center will employ both skilled and unskilled workers, with an initial capital of $100,000 sourced from personal savings, family gifts, and a bank loan secured by collateral. It aims to provide a hygienic and technologically equipped environment while being registered with relevant health authorities.

Uploaded by

Anthony Benson
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOC, PDF, TXT or read online on Scribd

Abstract

Stephanie’s Day Care Centre will be a service- oriented firm. That is, it will

be production at the tertiary level. It will be located at Catherine Mount,

Montego Bay. The centre will provide reading centre for students to read,

music centre for students to play musical instruments, environment centre

for students to know about their environment. Both skilled and unskilled

persons will be employed. Skilled workers such as a nurse will take care of

sick children. There will be a chef who will prepare meals for the kids. The

unskilled workers will comprise the ancillary staff whose responsibility is to

carry out duties of keeping the surroundings clean. The starting capital of

one hundred thousand dollars ($100,000.00) will be obtained from personal

savings, a gift of twenty thousand dollars ($20,000.00) from family members

in the United Kingdom (UK) and a loan of fifty thousand dollars

($50,000.00) from the RBTT Bank. The loan will be secured by fridge and

washing machine valuing seventy thousand dollars ($70,000.00) and forty

five thousand dollars ($45,000.00) respectively. These will be used as

collaterals. The entrepreneur has many responsibilities such as to listen to

the suggestions of parents and make improvements where necessary. The


entrepreneurs will also plan and co-ordinate the activities of the centre and

to materialize all the factors of production to ensure that all clients are

provided with effective and efficient service. The centre will be very

spacious and kept in a hygienic condition. Much technological equipment

such as computers, radios etc, will be used in its daily functions. The centre

will be registered with the Early Childhood Commission and Ministry of

Health.

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