EXECUTIVE SUMMARY
Life, today, is characterized by
independent family system, need for improved living standards, quality
education for children, etc., resulting in increased pressure on working women
to efficiently manage both their professional and domestic responsibilities.
The demand for day care centers is on the rise, specifically by working mothers
(doctors, business women, government servants, corporate employees, teachers,
etc), and the service is deemed as a profitable entrepreneurship opportunity.
Day Care Center is proposed to be located in major cities such as Islamabad,
Lahore, Karachi, Peshawar, Multan, Gujranwala, Sialkot and Quetta etc. The
project features a facility and its ancillary services for children aged 6 months
to 5 years in a hygienic and activity based educational environment,
facilitated through trained and educated staff.
The project can be used for a maximum of 40 enrolments, however, keeping
in view the rationale and demand; calculations have been made on the assumption
of 24 enrolments for the first year of operations.
BRIEF DESCRIPTION OF PROJECT
& PRODUCT
The fast paced life of the cities
is significantly influencing the life style of its inhabitants. Economic
pressures are compelling both parents to work towards achieving and sustaining
quality life standards. This has further added to complexity and competition of
any metropolitan city. As a result of these social changes, the trend of
sending children to Day Care Centres at a much earlier age is gaining rapid
acceptance. This pre-feasibility study provides basic information for
setting-up a day care centre with modern learning techniques and
extracurricular activities. The proposed centre will offer a hygienic and
efficiently managed care facility for children aged 6 months to 5 years. The
centre would have the maximum capacity of providing service to 40 children;
however, it assumed that 24 enrolments would be made during first year of its
operation. The proposed centre is
recommended to be established in a rented building, preferably lower portion of
one kanal house (4,500 sq.ft. area) with a reasonable front / back yard. The total project cost for setting up this
centre is estimated at Rs. 1.98 million.
CRITICAL FACTORS
The proposed project has following
factors critical to success;
• Secured, hazard free, and kids
friendly environment is provided at center.
• Interior of Center should be
designed to attract kids attention and promote learning. Like colorful walls
with educational material, pasting theme oriented chart papers, and any other
cost effective mode deem appropriate.
• Developing plan of daily
activities of enrolled kids.
• Extra care should be given to
keep the place hygienic, and clean.
• Location of the center in a
commercial area.
• Opening of center with proper
launch and promotional material.
• Hiring of a well-trained /
experienced care provider for kids.
• Establishment of the Center in
a rented building to reduce the project cost.
• Parents are informed
immediately in case of strike, kid is unwell (fever, flue, diarrhea, etc.),
diaper rash and any other observation important for child development.
INSTALED & OPERATIONAL
CAPACITIES
It is proposed that infants of age more than 6
months and children of ages up to 5 years may be enrolled in the center. The
centre will have a maximum capacity of 40 enrolments. Initially, the overall
utilization in the first year of operation would be 60% (i.e. 24 kids would be
enrolled). This capacity is assumed to grow at a constant rate of 5% in
subsequent years.
GEOGRAPHICAL POTENTIAL FOR
INVESTMENT
The increasing population and
high concentration of educated / working class in major cities like Karachi,
Lahore, Islamabad, Peshawar, Quetta, Multan, Gujranwala, etc., offers a very
lucrative business opportunity for opening up well planned Day Care Centres.
However, it is recommended that the centre should be located in an easily
approachable location, in line with the selected target market.
POTENTIAL TARGET MARKETS &
CITIES
The target market for the
proposed centre is working couple having infants of age more than 6 months to
children of ages up to 5 years. The business community also has a positive
response towards the idea of day care center due to their busy schedules and,
therefore, can be targeted as potential customers. Keeping in view the economic and social
factors, it is recommended that the proposed project may be established in
major cities such as Islamabad, Lahore, Quetta, Karachi, Multan, and Peshawar.
However the project may also be opened in other cities and towns after careful
market analysis.
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