The Operating Elements for the Business - Paper Example

Introduction

Happy Trails Childcare is an organization that offers children services such as the daycare facilities and the pre-schools programs. The organization is highly committed to offering quality and efficient services that will be appealing to the parents and other clients. Most importantly, the organization believes in providing educational services as a competitive advantage. Besides, the educational program seeks to equip children with the professional skills that will be helpful in their future life. The organization develops its quality services by offering employee's training as a way of improving the level of their service delivery. Like any other organization, Happy Trails Childcare faces several challenges that it has to deal with for a successful operation and to gain a competitive advantage over its major competitors.

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Business Development Challenges and Risks

Legal Issues

Happy Trails Childcare like any other daycare organizations has to follow strict rules and regulations imposed by the government to enhance children's safety. It is common that organization not to follow the government set guidelines and legal policies. Infractions to these laws are likely to result in hefty fines and even possible closure of the organization. The business through the management has every strategy in place to ensure that it follows the legal guidelines and policies. Besides, Happy Trails Childcare will ensure that it fulfills the requirements in obtaining the operation procedures and complies with the various inspections as a way of avoiding legal issues with the government.

Insufficient Quality Staffs Issues

In most cases, the ability to obtain quality staffs who will work and guide the children effectively sometimes becomes more challenging. Besides, the pay-scale expectation of the employees within this organization seems to be much higher than the firm can offer. Moreover, striking balance between the quality and the amount that the staffs require sometimes becomes a significant risk and a challenging issue. One of the remedies that the organization will use to minimize the above risk is by ensuring that it offers better training services to the employees at a zero cost as a way of solving the anticipated future risk. It is the responsibility of the firm to guarantee parents that their children's safety is an issue of great concern.

Enrollment of Children

Maintaining a proper enrollment number based on the organizational facilities is likely to be a major challenge or anticipated risks. Increased level of competition within this sector is a good indicator that the firm might register a lower rate of children. It is important to note that, a lower enrollment rate is likely to result in a lower income. It is through the revenue that the Happy Trails Childcare receives from the parents that it uses to facilitate the services that it offers. One of the best ways that the firm through the management can use to enhance positive enrolment of the children is by maintaining the level of quality of service that it offers. Besides, the organization will seek to ensure that it charges a reasonable fee that will not become a burden to many parents.

Risk Associated with Completing the Expository Project

The organization has every strategy that it expands its operations and its services within the country. It is through the expansion of the project that the firm can be sure of enrolling the required number of children to its facility and hence increasing its level of income. The possible risk that might arise when the firm expands its operations would be the inability to reduce the quality of service that it offers and failure to obtain the required qualified staffs due to low-income rate following a lower enrolment rate. In addition, Happy Trails Childcare organization might face the risk of competition from other firms that offer the same service. One of the possible strategy that the firm will use to minimize the explanatory risk is by ensuring that it attracts more parents who will help in enhancing the level of income. Similarly, the firm can also seek financial support from the government financial institutions to assist in supporting its activities and expansionary plans.

Intellectual Property Required by the Business

The intellectual property that Happy Trails Childcare organization should use is its trade secret. The trade secret that the firm uses to enhance its level of product sales is the quality of service that it offers its business logo. The business logo will help in the sales process of the organization by ensuring that it can attract many clients as possible. The logo should have the mission, and vision of the organization. Any other firm that uses the same logo or moto to sales its product against the will of Happy Trails Childcare will be a violation of trade rights. The quality of the service that the firm offers should be the top priority and the reason behind its success. As discussed early, the trade rights are the key confidential information that the firm will be using as a way of increasing sales margin of the service that the business offers and to enhance its level of competitive advantage among other firms.