A Guide for Developing a Business Plan for Charter Schools.

This guide may be used by charter school operators in developing a business plan that can be used as a management tool in individual schools and in preparing applications for charters, renewals, and grants and loans. A sound business plan must reflect the school's ideas, assets, and needs clearly an...

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Bibliographic Details
Corporate Author: Charter Friends National Network, St. Paul, MN
Language:English
Published: [Place of publication not identified] : Distributed by ERIC Clearinghouse, 1998.
Subjects:
Genre:
Physical Description:21 pages
Format: Microfilm Book

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520 |a This guide may be used by charter school operators in developing a business plan that can be used as a management tool in individual schools and in preparing applications for charters, renewals, and grants and loans. A sound business plan must reflect the school's ideas, assets, and needs clearly and succinctly. Drafting a business plan begins with considering: the experience and abilities of organizers; the needs of the school, its students and parents; and the resources available and required. Financial statements required for the business plan include: (1) an annual operating budget; (2) a monthly or quarterly cash flow; (3) projections for 3 to 5 years of income and expenses; and (4) an audited financial statement of the current year. A suggested business plan outline is presented that includes a summary description of the school, a market analysis, the description of a marketing strategy, a management plan, and financial data. A sample plan is presented for a charter school planned for approximately 270 students. (SLD) 
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