Finance Assignment Example | Topics and Well Written Essays - 250 words - 2

Finance - Assignment Example To create a child day care center the YMCA must identify the space for the project. Then it must invest in infrastructure improvements as well as equipment and accessories for the day care center. The required human resource and its monthly cost must be determined. The second cash flow aspect of the project would be once the center is built. The YMCA must pay for maintenance expenses, payroll, utilities, and other expenses associated with the day care center. The demand for the services might exceed the supply capacity of the center. The company should establish a fee to the mothers or fathers of children that are attended in the day care center in order to cover operating expenses. The weekly fee for services in the child day care of the YMCA should be below market value for similar services in the community. Despite the YMCA’s best intentions there is no way that the YMCA can offer the child day care services for free. If it was free the center would receive an incredible amount of applications since everyone desires free child day care