When contemplating starting a daycare business, it is necessary to develop a business plan. A business plan is a written document which indicates the mission of a business and specifies how the goals of the business will be achieved. Frequently, daycare business plans are mandatory via the particular laws of the jurisdiction in which the daycare facility will operate. Generally, there is no one specific way to draft a daycare business plan, but if the plan will be offered to the public, it should contain accurate legal and financial information, especially if the business will be reviewed by venture capitalists. The daycare business plan should provide a statement of the mission of the business. In addition, the plan includes specific goals to achieve the overall purpose of the business. The business plan may also include information on the proposed marketing plan daycare services offered by the company, any time frames for the implementation of the plan and any details as to the management of the plan. Furthermore, the business plan may contain a financial summary, including a balance sheet, cash flow statement and projections for earnings. Also, the daycare business plan should include any licensing information and mandatory certifications such that the plan demonstrates that the business will operate in full legal compliance.