If you want to start your own day care business, take a look at your local community. What child care services are being provided right now? What care services can you offer that is different or better?
Decide on your day care location. Lease a facility that will be convenient to your customers. If you want to start a home daycare, check zoning requirements in your neighborhood to see if you can run a child daycare business out of your home.
Start by obtaining a copy of the licensing standards from your state’s Department of Children and Family Services. The standards will explain the regulations that will affect your childcare business (ie. safety, utilities, food prep, staffing, etc..). After you have reviewed the standards, request a license application, complete and submit it.
Planning and Financing
Put together a business plan (sample day care business plan) to figure out start-up and operating costs for your day care. You will also need a business plan if you need start-up funding as well. In additional to traditional bank loans, you have several funding options, including micro-loans, grants or personal loans.
Supplies and Insurance for Daycare Providers
Next, your childcare business will need to be insured. Commercial Daycare Insurance generally includes general liability coverage, sexual abuse liability, child abduction liability, special events liability (if your daycare includes off-premises field trips) and vehicle liability if you have a company vehicle. You can get a free quote online from Netquote.
Purchase equipment and day care supplies that you need for your business, including signage. Hire staff if you need extra workers and then start advertising.
One of the last steps to setting up your childcare business is that your facility will need to be inspected by local authorities. These generally include the Department of Children and Family Services, your local health department and fire department.
HOME DAYCARE BUSINESS QUICK-START GUIDE
This business start-up guide leads you step-by-step through starting your own Daycare Center. You get real, valuable, sound advice and practical guidance for starting your own successful child care business.
- Find out business requirements, how to set prices and how to get a tax deduction when running a daycare out of your home
- Save Time: How to plan your daily schedule, planning activities for children and how to keep your clients happy
- Save Money: 40 daycare forms, worksheets, business letters and examples you can use for your daycare
- Increase Your Profits: 84 ways to advertise and grow your child care business
Another Way to Cut Your Daycare Business Expenses:
Any time you cut business expenses, you have the opportunity to increase your returns. This “formula” can apply when you’re first launching your start-up, or in your company’s day-to-day business operations. Most smart day care businesses are on constant lookout for ways they can run their businesses more efficiently, which often comes down to cutting costs.
In today’s struggling and unpredictable economic market, it makes even more sense to watch one’s pocketbook. This is probably why bartering is becoming so popular. In fact, lots of barter exchange websites like BizXchange have popped up to assist “barterers” find the products or services they need, and then easily transact the exchange. See More About How You Can Barter
Day Care Business Associations
National Association of Childcare Professionals
The NACCP is the nation’s leader among associations serving child care owners, directors, and administrators. The organization’s goal is to improve, enhance and strengthen the credibility of the people who lead the child care industry by providing membership services and benefits
Child Day Care Association
Child Day Care Association (CDCA) was founded in 1969 as a result of the deep interest of a number of child care center directors in establishing a central organization for child care.
National Association for Family Child Care
The National Association for Family Child Care is a non-profit organization dedicated to promoting quality child care by strengthening the profession of family child care.