Financial statement analysis - Essay Example

Financial ment Analysis for Teddy Bears Day Care Nursery The proposed plan to start a Teddy Bears Day Care Nursery is viable and should be accepted due to the fact that a large market base already exist. The high number of children who are brought up by parents preoccupied at the university makes the business a viable investment. Similarly, the plan to expand the company to offer services to a large customer base will lead to more students being enrolled in the school. Thus, the company will earn more revenue (Fairy tale nursery. 2015(n.d.). What makes this company even more enticing to start is the availability of a diverse team with knowledge and experience in different fields of study.

Additionally, the company has a projected profit for the next three years showing an increase in profit every year. This has been facilitated by the unique service the company will offer to out compete the two competitors in the industry. Besides, the company targets specific customers with specific needs that are lacking in the market. As well, the success of the company is attributed to the diversification of customers according to their specific needs to ensure quality of service s offered to them (Bernotavicz, 1995).

With the ambitious mission and vision of the company, it is in a position to offer the services in a planned manner that will see it utilized its competitive advantage to grow continuously. The company will combine the 5P of marketing to achieve an increasing sales forecast every year for the next three years. However, in as much as the business plan is to be implemented, care must be taken to follow all the legal requirements and avoid all the potential risk that may undermine the performance of the company.

BibliographyBernotavicz, F. (1995, December 1). Competency Based Hiring and Selection of Child Care Teachers. Retrieved from http://muskie.usm.maine.edu/helpkids/rcpdfs/teacher.pdfFairy tale nursery. (n.d.). Retrieved from http://www.fairytalesdoha.com/wolcome.php