How to Start a Daycare Business

Starting a daycare business is not as hard as it may seem. For those looking to invest in this excellent business opportunity, they are bound to read this post as it will take you through the basic steps of setting up your own daycare business.

Everyone likes children because they are cute and innocent. Parents, in particular, love the kind of energy the kids offer. While some parents leave their children to the daycare centre heading to their offices, others decide to say good bye to the corporate world and start their own daycare business.

Daycare centre’s demand has grown tremendously over the last few years as more and more people have started to realise that they must rely on two incomes to support the household. In addition to helping others achieve their goals, you can make considerable amount of money from starting your daycare centre. To learn more on how to set up this business, continue reading this post.

Instructions

  • 1

    Firstly, consider contact the state revenue office to check and regulations and laws regarding daycare centres in your region. You must follow the guidelines provided by the state regulations to avoid losing your business. Typically, these guidelines will tell you how much square footage per child will be needed, qualification of the teachers you will hires, medical aides requirements and feeding schedule.

  • 2

    Consider writing a business plan carefully taking state regulations into account. You must show this plan to the bank or creditors for obtaining the financial backing. Unless you have prepared an effective business plan, your application for loan will not be approved.

  • 3

    Finding a bank or lender who can offer you loan for starting a daycare business is not too difficult. You must consider speaking to a number of banks to get competitive interest rates. By starting from your home or a church, the start up cost can be reduced significantly.

  • 4

    You may also wish to rent a place for the daycare centre. Consider speaking to the property dealers to find a suitable place for your business. Purchase all the required equipments including tables, chairs, kitchen accessories, furniture, computer, laptop and some toys for the children. The daycare centre should be ready before the first child comes through the door.

  • 5

    Hire teachers, following the guidelines handed out by the regulatory body. Start marketing your business to attract potential customers.

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