Key Elements of our Business Model

Key Elements of our Business Model

1. Value proposition  

Our company is determined to provide versatile services for our customers. As the company is government funded there will be less burden on the customers for financing the services they will be subscribing to for their loved ones. Talking about the other childcare services, they only provide limited hours and never try to customize the hours according to their need. In helping hands community services, we will be providing expertise services with modified working hours. 

"Using the best quality products for children and never compromising with their health for few dollars. "

2.Revenue model 

The primary source of funding will be acquired from government because the children are adopted by government bodies and are taken care till the age of 18 years. Further the children are shifted to different group homes, so expenses are managed by the guardians. Affordability grants help to reduce the parent fees, these grants aim to reduce the parent fee to an average $15 per hour. 

3.Market opportunity

• Center-based care: As the market leader, concentrate on offering top-notch, well-organized childcare services at HHCS  establishment.
• Working parents: Since dual-income households are expected to make up a sizable portion of the market, customize, HHCS offers to suit their needs.
• Flexible service hours: To accommodate parents with different work schedules, provide care during non-traditional hours.
• Business alliances: Work together with nearby companies to offer childcare services to their staff members, which could boost our earnings and market share.
• Focus on early education: To attract parents who understand the advantages of early childhood education, highlight HHCS educational initiatives.

4.Competitive environment

Helping Hands Community Services (HHCS)  faces a complex and multifaceted competitive landscape in the childcare industry, which is marked by a highly fragmented market with a diverse range of players, including home-based care services, national chains, and local independent providers. 

Making a difference through outstanding staff quality, creative technology integration, adaptable service offerings, and superior educational programs is essential for success. The market is fueled  by changing workforce dynamics, stricter regulations, and rising parental expectations for all-encompassing early childhood education.

Using digital communication platforms, concentrating on distinctive curriculum approaches, keeping prices competitive, and developing specialized care options are all ways to obtain a competitive edge. Facility quality, employee credentials, technology sophistication, and the capacity to offer individualized , nurturing environments that cater to each child's developmental needs are important differentiators.

5. Competitive advantage

• Educational focus: Offer structured learning programs and developmentally-appropriate activities to help children develop a love for learning
• Highly qualified staff: Employ experienced, certified early education professionals who undergo regular training
• Low child-to-teacher ratios: Provide more personalized attention and care to HHCS Clients
• Technology integration: Use digital platforms for parent communication, security measures, and enhanced learning experiences
• Flexible hours: We offer extended or non-traditional hours to accommodate parents with varied work schedules
• Nutrition-focused menu: Children that we care get served well-rounded, fresh meals prepared with high nutritional standards as per Alberta Health Services. 
•  Security measures: Implement security-controlled building access and live internet video               monitoring for parents, this enables the parents to monitor their kids anytime and from anywhere. 

6. Market strategy

• Create a powerful brand image: Develop a distinctive identity that sets our service apart from the competitors and embodies our values.
• Improve HHCS service quality by emphasizing the provision of first-rate childcare services with highly skilled personnel and low student-teacher ratios.
• Make interesting educational initiatives: To attract parents looking for early education, HHCS provides a curriculum that is developmentally appropriate and structured with learning activities.
• Make use of technology: Put in place digital channels for improved learning, security, and parent communication.
• Develop a solid rapport with HHCS parents by Organizing open houses, family gatherings, and parent workshops to build relationships and promote word-of-mouth recommendations.
• Network and establish alliances: To boost awareness and credibility, work with neighborhood companies, pediatricians, and community centers.