Business Plan for Extended Family Foster Care

Executive Summary

Extended Family Foster Care is a specialized service dedicated to providing foster care solutions that prioritize placing children within their extended family networks. Our mission is to ensure that children remain connected to their familial roots while receiving the care and support they need.

Business Objectives

• To serve at least 100 families in the first year of operation.
• To achieve a 90% satisfaction rate from families and children.
• To establish partnerships with local authorities and agencies within the first six months.

Market Analysis

Industry Overview

The foster care industry is growing, with an increasing number of children entering the system each year. There is a pressing need for innovative solutions that prioritize family connections.

Target Market

• Families in crisis needing temporary care solutions.
• Children and youth in the foster care system.
• Extended family members seeking to provide care.

Competitive Analysis

While traditional foster care services exist, few focus specifically on extended family placements, providing us a unique market position.

Services Offered

• Assessment and placement of children within extended families.
• Training and support for family caregivers.
• Ongoing counseling and resources for families.

Marketing Strategy

Branding

Our branding will emphasize family connection, support, and care. We will utilize social media, community outreach, and partnerships with local organizations.

Advertising

• Online campaigns targeting local communities.
• Information sessions in community centers.
• Collaborations with schools and social services.

Operational Plan

Location

Our main office will be located in a central area to maximize accessibility for families.

Staffing

• Trained social workers for assessments and support.
• Administrative staff for operations and communication.
• Part-time counselors for family support.

Financial Plan

Startup Costs

Initial funding will be sought through grants, donations, and community support. Estimated startup costs are as follows:

Item	Estimated Cost
Office space rental	$20,000
Staff salaries	$150,000
Marketing and outreach	$30,000
Training materials	$10,000
Miscellaneous expenses	$5,000

Funding Sources

• Grants from child welfare organizations.
• Community fundraisers.
• Partnerships with local businesses.

Conclusion

Extended Family Foster Care aims to reshape the foster care landscape by keeping children connected to their families. With a commitment to quality care and support, we believe our model can make a significant difference in the lives of children and families in need.