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Entrepreneur Archive:
Developmental Depot


Developmental Depot —Joplin, MO
Assisted by: Lisa Robinson, Missouri Southern State University Small Business Development Center in Joplin

Developmental Depot (DD) is solely-owned and operated by Sarah Gould. She is the on-site director for this facility. Gould has had a continuous commitment to children and families for three years. DD was established as a licensed family child care home in 2000. It is a business that has provided child care for infants and toddlers since its inception. DD is an expanding company as demonstrated by its proven track record of doubling its licensed care over the last three years from 4 children to 8 children.

The next stage of expansion for DD will be to expand its child care service base to at least 18 infants and toddlers. This expansion will rely on the proven skills of its director to take advantage of the growing needs for quality child care and a sound business plan.

Developmental Depot new locationDD will differentiate itself from its competitors through offering infant and toddler care at non-traditional hours (6am-11pm). The availability of quality licensed child care during nontraditional hours fills a void for families that have varied work schedules, such as evening shifts, retail employees, or grocery store employees that are open till 9 pm, or need an evening out. DD will be the only facility in Joplin to offer nontraditional hours of care to the general public. In addition, DD is working toward meeting Missouri accreditation standards.

In February 2003, Gould started working with the Small Business Development Center to be able to obtain information and consulting services. She attended the "Starting a Small Business: The First Steps" and "Developing Successful Business Plans" workshops. In March, she began individual consultation with Lisa Robinson at the SBDC to develop her business plan for expansion of her current facility at its present location.

In May, Gould received a T.E.A.C.H. scholarship, a project of the Missouri Child Care Resource and Referral Network. This scholarship covers books, tuition, and a substitute provider for three hours a week for Gould. Gould takes advantage of educational resources as available. Currently Gould is attending classes at Missouri Southern State University-Joplin, and Southwest Missouri State University. Gould inspires to receive her Bachelor's in Early Childhood Education.

In August, after being unable to expand at the present location, Gould identified a facility at 3208 Finley, Joplin, Missouri, where expansion needs could be met. This facility needs interior paint throughout, minimal exterior paint, floor refinishing or resurfacing, upgraded fire alarm system and other minor repairs. Because of increased numbers to be served, additional child care equipment will be needed (i.e. cots, cribs, shelves, toys, etc.). She also received notification that she received a grant from the Missouri Department of Social Services, Division of Family Services, which will cover the majority of the additional equipment and renovation costs.

She contacted Robinson to begin work on her business plan to expand her operation with the purchase of the facility.

In September, Gould completed her comprehensive business plan and three year projections. She received confirmation of SBA approval of her loan to purchase the Finley location.

Gould is proof that with hard work and determination dreams can turn into reality. "I appreciate the assistance of the Small Business Development Center at MSSU. Without the training opportunities and one-on-one consultation I would not be expanding today."

Developmental Depot
3208 Finley
Joplin, MO 64804
(417) 624-8687
sgould79@yahoo.com


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