ERIC Number: ED426134
Record Type: Non-Journal
Publication Date: 1998-Feb
Reference Count: 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)
Descriptors: Charter Schools, Educational Administration, Educational Change, Educational Finance, Elementary Secondary Education, Needs Assessment, Program Development, Program Implementation, School Choice, Urban Schools
Charter Friends National Network, 1355 Pierce Butler Route, Suite 100, St. Paul, MN 55104; Tel: 612-644-5270; Fax: 612-645-0240; e-mail: firstname.lastname@example.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
Authoring Institution: Charter Friends National Network, St. Paul, MN.