Summit Preparatory Academy

Words in [brackets] are blanks you fill in with your own details when you adopt this sample in Supreme Plan AI.

Executive Summary

Summit Preparatory Academy is a microschool in Raleigh, North Carolina, owned by Monique and Andre Davis. We teach a small group of children ages 6 to 12 in a multi-age classroom with individual learning plans, project-based learning and weekly progress reports.

Why this fits. Many families want smaller classes and more personal attention than large schools provide, and not every family can or wants to homeschool. A small school with an experienced teacher and fair tuition can meet that need.

Here is what our numbers show. In Year 1 we plan about 180 student-months of tuition, 20 enrichment and summer students and 18 registrations. That brings in sales of $128,500, growing to $541,066 by Year 5. We expect a loss of about $33,600 in Year 1, a profit of about $20,100 in Year 2, a profit of about $57,800 in Year 3 and a profit of about $158,200 by Year 5. The facility rent, teacher pay and the classroom setup are our largest costs, and the plan counts all of them.

We need $100,000 in total. Of that, $38,000 is startup costs (classroom furniture, computers and tablets, classroom technology, curriculum materials, licensing and insurance, a lease deposit and launch marketing), and the rest is cash for the first months. We are putting in $20,000 of our own savings and asking for a $80,000 SBA 7(a) loan.

We are Monique and Andre Davis, owners of Summit Preparatory Academy. These numbers are estimates based on the assumptions listed at the end of this plan, not promises.

Company Description

Summit Preparatory Academy will be a limited liability company (LLC) in Raleigh, North Carolina, owned and run by Monique and Andre Davis. Monique is a former classroom teacher with a master's degree in education, and Andre has run a small business. Together they want a small school where every child is known.

What we do:
- A small, multi-age microschool for ages 6 to 12.
- Project-based learning in math, reading, science and the arts.
- Individual learning plans and weekly progress reports.
- Afternoon enrichment and summer programs.
- Family workshops and community events.

Who we serve: Families in the Raleigh area who want a small, personal school option for children in elementary and middle grades.

Licensing and insurance. We will register the LLC, carry general liability and professional liability insurance, comply with North Carolina's rules for nonpublic schools, keep attendance and immunization records, run background checks on all staff and follow local fire and occupancy codes. We explain our curriculum and record keeping to families.

Our promise. Small classes, caring teachers and learning that fits each child.

Where things stand today. The business plan, curriculum overview and tuition schedule are written. The next steps are the lease, the classroom setup and the first families.

Problem & Opportunity

Many families want smaller classes and more attention than a large school can offer, and not every family wants or can manage homeschooling.

What customers run into:
1. Classes that are too large for personal attention.
2. Children who fall behind or feel bored.
3. Parents who work and need structured learning.
4. Few small, affordable private school options.

Why it matters. Children learn best when they are known and challenged, and a small school can build confidence and love of learning.

Products & Services

Summit will be the small school in Raleigh where every child is known by name.

What makes us different:
1. Classes of about twelve with two adults.
2. Individual learning plans.
3. Project-based learning with outdoor time.
4. Weekly progress notes to parents.
5. Flexible schedules and enrichment.

How enrollment works:
1. Parents tour the school and meet the teachers.
2. We assess each child and design a learning plan.
3. Children learn in small groups and projects.
4. We share progress weekly and meet with families each term.

Why customers stay. Families stay for the sense of community and recommend the school to friends.

Market Analysis

Who we serve:
- Parents who want smaller classes.
- Families seeking a personal alternative to large schools.
- Homeschool families who want part-time support.
- Parents who need after-school enrichment.

How we sized the market. Our Year 1 plan is about 18 students on a full tuition plan for ten months, 20 enrichment and summer students and 18 registrations, a small share of the families in a metro area this size. Replace this estimate with your own count of schools and families near you.

Why now. Many families are exploring small, flexible school options, and demand for personal learning has grown.

Competitive Landscape

What customers can do today:

1. Public schools. Free and large.
2. Charter and magnet schools. Strong and competitive to enter.
3. Traditional private schools. Established and costly.
4. Homeschool co-ops. Flexible and demanding on parents.
5. Online schools. Flexible and less personal.

Where we fit. Summit will be a small, caring school with strong teaching and simple, fair tuition.

Marketing & Sales Strategy

How customers will find us.

Before opening:
- Host open houses and sample classes.
- Meet parent groups and homeschool communities.
- Set up a website with online inquiry and a Google Business Profile.
- Offer founding family tuition rates.

After opening:
- Ask families for reviews.
- Offer sibling discounts.
- Host family nights and showcases.
- Share student projects with permission.
- Partner with local museums and parks.

What we will measure. How families heard about us, how many tours become enrollments and how many families stay.

Operations Plan

How the business will run.

Season and schedule. School runs on a regular academic calendar from late summer to spring, with summer programs in June and July. Enrollment opens in winter for the next year.

Team. Monique leads the school and teaches. A lead teacher works with her in Year 1, and we add teachers and aides as enrollment grows.

Quality and safety. All staff pass background checks, follow a child safety policy and complete CPR and first aid training. Visitors sign in, and we keep an emergency plan and drills.

Equipment. We will buy classroom furniture, computers and tablets and classroom technology and a small library.

Paperwork and money. Families sign an enrollment contract and pay tuition monthly by card or bank transfer. We follow up on anything unpaid after one week. We keep the books in simple accounting software and set aside money for taxes and insurance every month.

Management & Organization

The people who will run Summit Preparatory Academy.

Monique Davis, owner and head of school. She leads teaching and curriculum. Andre Davis, owner and operations lead. He handles enrollment, the facility and the books. (Replace this paragraph with your own background.)

Team. One lead teacher in Year 1, growing to three, with aides as enrollment grows, each background checked and CPR trained.

Office. Andre handles the office with part-time help as enrollment grows.

Outside advisors. An accountant, an insurance broker, an attorney who reviews contracts and a free mentor from SCORE or the Small Business Development Center.

Staff pay in this plan is a full year per person: owner / Head of School $48,000; lead Teacher $40,000; classroom Aide $24,000. Replace them with the pay you can offer where you live.

Milestones Narrative

Our goals and when we plan to reach them.
- Before opening (3 months ahead): register the school, sign the lease, set up the classroom, complete background checks and open enrollment.
- Year 1: about 218 student-months, programs and registrations with Monique and one teacher; $128,500 in sales and a loss of about $33,600.
- Year 2: about 370 and a second classroom; $223,140 in sales and a profit of about $20,100.
- Year 3: about 522 and a third teacher; $323,190 in sales and a profit of about $57,800.
- Year 4: about 674 and a larger space; $428,702 in sales and a profit of about $99,200.
- Year 5: about 826 and a plan for a second campus; $541,066 in sales and a profit of about $158,200.
Growth depends on winning and keeping customers, so treat the later years as goals, not promises.

What we check every week: students enrolled, attendance, tuition collected, inquiries and tours, unpaid invoices and cash in the bank.

Funding Request

How much we need and how we will use it. Total we are raising: $100,000.

How we got that number. The Funding Need Calculator in this plan adds up three things:
- Startup costs of $38,000, listed item by item in the Startup Costs section: $8,000 for classroom furniture, $6,000 for computers and tablets, $4,000 for classroom technology and library, $2,000 for LLC filing and attorney review of enrollment contract, $2,500 for general and professional liability insurance, first payment, $6,000 for security deposit and first month's rent, $3,000 for signs, branding and website, $2,500 for launch marketing and open houses, $1,500 for teacher training and background checks, $2,500 for curriculum materials.
- The cash the business uses before it breaks even, about $26,300. Enrollment builds over the first months, so the school pays rent and teachers before the classroom fills.
- A cash cushion of about $34,500: three months of Year 1 operating costs.
- Together, the cash used before break even and the cushion come to about $60,800, and the three pieces add up to about $98,800, rounded up to the nearest $500: $99,000.
We are raising $1,000 more than that, $100,000 in all, to cover a slower first season than planned. With this funding, the lowest year-end cash balance is about $42,400, at the end of Year 1.

Where the money comes from:
- Our own money: $20,000.
- SBA 7(a) loan: $80,000.

Kind of funding we are looking for. An SBA 7(a) loan from a lender that finances small businesses, backed by our savings and the equipment as collateral.

How we will pay it back. We expect a loss of about $33,600 in Year 1, a profit of about $20,100 in Year 2, a profit of about $57,800 in Year 3, a profit of about $99,200 in Year 4 and a profit of about $158,200 in Year 5. With this funding, the business has money in the bank at the end of every year of the plan. Our loan is the SBA 7(a) loan at 10.5% over 10 years, $1,079 a month. That payment is already included in our cash flow. We chose these as cautious planning rates; ask the lender for the real rates, which may be lower or higher.

What we are offering the lender: the equipment and a personal guarantee.

A smaller first step, if needed. If we cannot raise the full amount right away, we can start smaller and grow into this plan:
- Phase 1: open with one classroom and a small enrollment, which lowers the startup costs and the loan.
- Phase 2: once the first classroom is full, add a second classroom and teachers and follow this plan.
To plan the smaller start, make a copy of this plan (use Duplicate) and lower the numbers to match.

All numbers in this plan are estimates. We will update them as real results come in.

Appendix Notes

Documents to attach before you send this plan:

- Your resume and a personal financial statement (a list of what you own and what you owe; lenders usually provide a form).
- Business registration papers and your EIN (your business tax number from the IRS, free at irs.gov).
- Your business registration and proof of insurance.
- Your curriculum overview and handbook.
- Your lease or letter of intent.
- A list of teacher credentials and background check procedures.
If you don't have any of this yet, no worries - let's continue.

The assumptions behind our numbers (change them in the Financials section to match your own):
- Tuition (per student month): about $650 in Year 1, rising to $732; about $60 in direct costs, rising to $68; about 180 in Year 1, growing to 660.
- Enrichment and Summer Programs (per student): about $350 in Year 1, rising to $394; about $40 in direct costs, rising to $45; about 20 in Year 1, growing to 100.
- Registration and Materials (per student): about $250 in Year 1, rising to $281; about $30 in direct costs, rising to $34; about 18 in Year 1, growing to 66.
- Tuition averages about $650 per student per month for ten months, enrichment and summer programs about $350 per student and registration and materials about $250 per student.
- Prices rise about 3% a year.
- Equipment ($18,000 in Year 1) covers classroom furniture, computers and tablets, classroom technology and a small library, and later years ($2,000, $3,000, $3,000 and $3,000) replace and add equipment.
- Pay (a full year, per person): owner / Head of School $48,000; lead Teacher $40,000; classroom Aide $24,000.
- Other yearly costs in Year 1: facility Rent and Utilities $30,000, insurance $4,000, curriculum and Technology $8,000, marketing $5,000, admin $3,000. These grow between 4% and 6% a year.
- Customers and payers pay about 15 days after service, so at the end of Year 1 about $5,140 is still owed to us. Income tax at 21%.
- Every dollar amount is an estimate. Replace them with your own quotes and research.

Startup Costs