'I was 26 years old with ten years' childcare experience when I decided to open a nursery. I wrote to large companies, hospitals and universities in Glasgow city centre asking if they had a demand for childcare.
'Stobhill Hospital replied saying it was putting out to tender for a nursery. That was in January and the deadline was 1 June 1998 giving me six months to prepare a business plan, showing how much money I would need to borrow.
'Glasgow Development Agency (GDA) was a great help in telling me what I should include in the business plan - market research, predicted income (the nursery fees) and expenditure (everything from salaries to equipment, insurance and heating bills), staff recruitment and implementation plans.
Register now to continue reading
Thank you for visiting Nursery World and making use of our archive of more than 35,000 expert features, subject guides, case studies and policy updates. Why not register today and enjoy the following great benefits:
What's included
-
Free access to 4 subscriber-only articles per month
-
Unlimited access to news and opinion
-
Email newsletter providing activity ideas, best practice and breaking news
Already have an account? Sign in here
