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ERIC Number: ED426134
Record Type: Non-Journal
Publication Date: 1998-Feb
Pages: 21
Abstractor: N/A
Reference Count: N/A
ISBN: N/A
ISSN: N/A
A Guide for Developing a Business Plan for Charter Schools.
Charter Friends National Network, St. Paul, MN.
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)
Charter Friends National Network, 1355 Pierce Butler Route, Suite 100, St. Paul, MN 55104; Tel: 612-644-5270; Fax: 612-645-0240; e-mail: info@charterfriends.org (free); Web sites: www.charterfriends.org and http://www.csus.edu/ier/charter/bizpl.html
Publication Type: Guides - Non-Classroom; Numerical/Quantitative Data
Education Level: N/A
Audience: Practitioners
Language: English
Sponsor: N/A
Authoring Institution: Charter Friends National Network, St. Paul, MN.