Thinking about opening a school for the blind? We tell you what you need to know to get started.
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Tips for Writing a School for the Blind Business Plan
Many new school for the blind owners feel unprepared for the challenge of writing a business plan.
Fortunately, you don't have to tackle your school for the blind's business plan by yourself. There are plenty of useful solution designed to assist school for the blind entrepreneurs in business plan writing.
If you're feeling overwhelmed, take a look at Gaebler's Business Plan Help section for a list of business plan writing resources.
Consider the Competition
Before you open a school for the blind within your community, it's worthwhile to see what the competition looks like. We've provided the link below to help you find competitors nearby. After following the link, enter your city, state and zip code to get a list of schools for the blind in your area.
Is the established competition doing a good job? It's important to understand their strengths and weaknesses and think through how you'll stake up against those established businesses.
Learn from Others Who Are Already In This Space
As part of your due diligence on opening a school for the blind, you really ought to learn as much as you can from somebody who is already in the business. It's very unlikely that the local competition will talk to you. The last thing they want to do is help you to be a better competitor.
Thankfully, an owner of a a school for the blind on the other side of the country can be a great learning resource for you, after they realize you reside far away from them and won't be stealing their local customers. In that case, the business owner may be more than happy to discuss the industry with you. In my experience, you may have to call ten business owners in order to find one who is willing to share his wisdom with you.
The key question new becomes: how to find somebody who runs a school for the blind who is willing to advise you because you live in different cities?
We can help. Follow the link below, try a few city/state combos or zipcodes, and then start calling!
Pros & Cons of Buying a School for the Blind
Although there are significant benefits to buying a school for the blind (rather than launching a startup), it's important to weigh the pros and cons before you commit to a purchase scenario.
BENEFITS: Existing companies have proven business models and a history of profitability. They should also have some degree of brand recognition and an established customer base.
DRAWBACKS: On the downside, school for the blind acquisitions can be difficult to adapt to your unique business philosophy so it's important to make sure the business is capable of achieving your ownership goals before you initiate the buying process.
Explore Franchising Options
If you prefer to partner with others to launch your new business, you may want to consider whether it makes sense to franchise instead of doing everything yourself.
If your goal is to start a school for the blind, it's worthwhile to investigate whether there are good franchise opportunities available that might help you on your entrepreneurial journey.
The link below gives you access to our franchise directory so you can see if there's a franchise opportunity for you. You might even find something that points you in a completely different direction.
These additional resources regarding starting a business may be of interest to you.
If you already are in business and came here to learn about growing an existing school for the blind, try these useful resources:
If you sell to schools for the blind, you're in the wrong place. Try these resources instead:
If you are still exploring all of your options, please browse our directory of guides below.