Summer Camp Business Plan, Marketing Plan, How To Guide, and Funding Directory
The Summer Camp Business Plan and Business Development toolkit features 18 different documents that you can use for capital raising or general business planning purposes. Our product line also features comprehensive information regarding to how to start a Summer Camp business. All business planning packages come with easy-to-use instructions so that you can reduce the time needed to create a professional business plan and presentation.
Your Business Planning Package will be immediately emailed to you after you make your purchase.
Product Specifications (please see images below):
- Bank/Investor Ready
- Complete Industry Research for the Industry
- 3 Year Excel Financial Model
- Business Plan (26 to 30 pages)
- Marketing Plan (24 to 28 pages)
- 425+ Page Funding Directory
- PowerPoint Presentation
- Loan Amortization and ROI Tools
- Three SWOT Analysis Templates
- How to Start a Business Guide
- Easy to Use Instructions
- All Documents Delivered in Word, Excel, and PowerPoint Format
- Meets SBA Requirements
Summer camps are one of the oldest traditions with the United States. Each year, approximately 5 million young people are enrolled in a summer camp program that features either day services or operates in a sleepover capacity. One of the nice things that these businesses is that they are able to generate significantly high gross margins from their services. However, the operating expenses associated with these businesses can be somewhat high given the need for a substantial amount of liability insurance. Typically, the startup costs associated with the new summer camp range anywhere from $250,000 all the way to $2 million depending on whether or not cabins are going to be developed for sleep away camps. Smaller summer camps operate in a day capacity or have a specific focus like sports can be typically developed for as little as $100,000 all the way up to $300,000 depending on the type of services offered. Revenues associated with summer camp weekly fees are somewhat subject to fluctuations in the economy. This is especially true among businesses operate in a sleep awat camp capacity given that these businesses charge significantly more than their day only counterparts. However, many people treat summer camps as an extension of daycare during the summer months. As such, busy working parents will often enroll their children with these businesses in order to make sure they are properly cared for during the working hours.
Provided that a significant amount of assets are going to be purchased – most banks, lenders, and other financial sources are willing to make a significant investment into the development of a new summer camp. This is primarily due to the fact that these businesses generate highly predictable and high gross margins from their services. Of course, a summer camp business plan will be required. This document should feature a three-year profit and loss statement, cash flow analysis, balance sheet, breakeven analysis, and business ratios page. Most importantly, within the business plan a full demographic analysis should be developed that showcases the population, percentage of children under 18, percentage of children that need ongoing supervision during the day and summer months, median household income, median family income, and other relevant statistics as it relates to the individuals and parents that will be enrolled in the businesses programs. Beyond the financial information showcase in the business plan, a specific focus should be spent on discussing how the business will boost its visibility. In many instances, most operators of summer camps or specialized summer base sporting camps will develop ongoing relationships with school counselors, school coaches, as well as other entities that focus on the day-to-day lives of children. One of the best ways to ensure that capacity is at near 100% at the onset of operations is to have these referral relationships so that parents feel comfortable enrolling their children in a summer camps services.
A summer camp marketing plan should be developed as well. This document should feature again how the owner-operator will develop referral relationships will also showcasing how the Internet will be used in order to draw potential enrollees. As it relates to online marketing – a full scale Internet website should be developed. This website should feature interactive content showcasing the camp, it’s facilities, key staff members, hours of operation, and the fees associated with enrolling their children. One of the things that should be done as well as at this website should be search engine optimized so that individuals looking for summer camps within their local or regional area will be able to find the business very quickly. Beyond a standalone website, it is important that these businesses also maintain a presence on social media platforms such as FaceBook, Twitter, Instagram for photos, and Google+. Once reviews are written about the summer camp – the brand-name visibility will increase substantially as people will trust what other people have said about enrolling their children in the summer camps programs.
Beyond the marketing plan and business plan, most entrepreneurs will also develop a summer camp SWOT analysis. As it relates the strengths, most summer camps are able to remain profitable and cash flow positive at all times in very moderate to strong economic climates. The gross margins generated from services are significantly high and the startup costs are considered to be moderate. The barriers to entry are considered to be moderate as well. For weaknesses, most summer camps have very high operating expenses as it relates to hiring camp counselors, maintaining expansive facilities, and maintaining a large-scale liability insurance policy. For opportunities, these businesses can expand by offering additional services such as afterschool care so that these companies can generate revenue throughout the course of a year. Most summer camps also have afterschool programs during the school season. For threats, summer camps have been around for hundreds of years and the demand for them has not waned at all. There is really no major threat that would impact the way these businesses conduct their operations outside of a major economic recession that could cause a decline in revenues.