Making your own daycare business is a great business
venture. It works exceptionally well if you like children. It can be a
source of income for you and your family, just like a regular business
enterprise. Its size can range from just a small home-based project to a
grand commercial establishment. Itís all up to you to decide which way
you plan your business to go.
But having your own daycare center is entirely different from the
babysitting you used to do for your neighbors back when you were just a
teenager. A daycare center is a real business just like any other
business venture. You need to decide what services you will be offering,
the age range of your target clients, and any other aspects that you
need to worry about as you make your commercial enterprise.
And since this line of work involves taking care of somebody elseís
children, you must be aware of your responsibilities as well as the
rules and regulations that govern the business. You need to be aware of
the laws and rights and other licenses that you need before setting up
Before anything else, you need to do a market study around your
community. Determine the needs of your area. Do they need a daycare
center? Are there parents in need of such a business? The site location
is another thing to consider. Will it be an extension of your house? Or
will it be a separate establishment? Choose the area that you are most
comfortable with, accessible and, affordable.
Do a rough estimate of everything you will need to set-up and start the
business. You will also need manpower to staff your daycare center,
which must also be included in your estimate. You may probably need to
get a bank loan, or get a financer to help you out with the capital.
After that, you need to accomplish all the necessary paperwork. The
licenses that you need to operate as well as any permits needed vary
from state to state. Thus, it is your responsibility to research on the
necessary requirements. It may take you several weeks to a few months to
accomplish all of this, but it is a necessity to have them before
You and your staff should also get the necessary trainings and seminars
to be able to handle emergency situations such as calamities or basic
first aid and life support. Make sure that you daycare is fully equipped
with all the necessary first aid paraphernalia and fire extinguishers
for emergency purposes. Itís better to be prepared for the worst case
Be sure to adhere to all the protocols and policies required by your
state, you never know when they might suddenly give a surprise
inspection of the place.
do a market study on the common prices and packages offered by other
daycare centers and think of your own prices and gimmicks to stay ahead.
Remember this is no mere childís play but a serious and heavy business