TASK 1
1-There are four different ways that a child care center can be organized. First, there is a sole Proprietorship is the individuals who create the centers and maintain the ownership. Also, they bear all the responsibility. Partnership structure, on the other hand, is for people who will own a business with one or more partners. They are sharing responsibility and finances and profit. A Corporation is a business that owned by one or more shareholders. The shareholders elect directors and manage the affairs of the corporation. It is often the choice for businesses that have employees or receive financing from a bank or similar financial institution.
2-The advantages and disadvantages of each organization type are:
A) Sole Proprietorship …show more content…
Disadvantages: Taxes are potentially higher than for a sole proprietorship
3) For the child care center, I plan to direct, I would prefer a corporation because of the liability protection. So that I do not have to be worried about losing my personal assets because of a company’s debt.
ASK 2
A) Person who can serve on a board of a child care center should have these qualifications:
Professional qualities
They should be a person who comes from the field of health, education, finance, and law. Have 10 years experiences working in that field.
Personal qualities
- Deep knowledge of innovative program design; ability to seek out and bring forward the best ideas to execute the child care center’s strategic Outcomes.
- Speaking - Talking to others to convey information effectively.
- Mentorship- Providing guidance, advice, and consultation with others.
- Excellent written and oral communication skills with demonstrated ability to develop and deliver executive and Commission-level communications.
- Ability to Develop and implement policies and procedures to ensure alignment with State regulations, local ordinances, and the child care centers …show more content…
He might be willing lead the executive committee. Mesker’s strong communication skills, strategic planning expertise and knowledge of how to build a warm and caring school community are just what we were looking for in an executive committee.
2- Suzette Elton ~ Chairman of Program and Professional Development Committee ~ who is an early childhood education specialist with over 30 years of experience as a preschool and kindergarten teacher, the education coordinator for Head Star and the child care program. She might be willing to lead the program committee. She has the ability to handle a variety of constituencies and thrives in a complex environment with multiple priorities.
3- Josue blanks ~ Treasurer of the Board and Chairman of Finance Committee ~ Josue has a master’s degree in finance. He has over 35 years of experiences working as a finance specialist and economist at Profit Corporation. He has been demonstrating success and progressive senior management experience in program planning, design, and management; and grants
1-There are four different ways that a child care center can be organized. First, there is a sole Proprietorship is the individuals who create the centers and maintain the ownership. Also, they bear all the responsibility. Partnership structure, on the other hand, is for people who will own a business with one or more partners. They are sharing responsibility and finances and profit. A Corporation is a business that owned by one or more shareholders. The shareholders elect directors and manage the affairs of the corporation. It is often the choice for businesses that have employees or receive financing from a bank or similar financial institution.
2-The advantages and disadvantages of each organization type are:
A) Sole Proprietorship …show more content…
Disadvantages: Taxes are potentially higher than for a sole proprietorship
3) For the child care center, I plan to direct, I would prefer a corporation because of the liability protection. So that I do not have to be worried about losing my personal assets because of a company’s debt.
ASK 2
A) Person who can serve on a board of a child care center should have these qualifications:
Professional qualities
They should be a person who comes from the field of health, education, finance, and law. Have 10 years experiences working in that field.
Personal qualities
- Deep knowledge of innovative program design; ability to seek out and bring forward the best ideas to execute the child care center’s strategic Outcomes.
- Speaking - Talking to others to convey information effectively.
- Mentorship- Providing guidance, advice, and consultation with others.
- Excellent written and oral communication skills with demonstrated ability to develop and deliver executive and Commission-level communications.
- Ability to Develop and implement policies and procedures to ensure alignment with State regulations, local ordinances, and the child care centers …show more content…
He might be willing lead the executive committee. Mesker’s strong communication skills, strategic planning expertise and knowledge of how to build a warm and caring school community are just what we were looking for in an executive committee.
2- Suzette Elton ~ Chairman of Program and Professional Development Committee ~ who is an early childhood education specialist with over 30 years of experience as a preschool and kindergarten teacher, the education coordinator for Head Star and the child care program. She might be willing to lead the program committee. She has the ability to handle a variety of constituencies and thrives in a complex environment with multiple priorities.
3- Josue blanks ~ Treasurer of the Board and Chairman of Finance Committee ~ Josue has a master’s degree in finance. He has over 35 years of experiences working as a finance specialist and economist at Profit Corporation. He has been demonstrating success and progressive senior management experience in program planning, design, and management; and grants