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My wife owned and operated her own home based daycare business for many years. This is her post–
Starting a home based daycare business:
I will tell you it is a lot of work, but very worthwhile and gratifying. There are very important things you must know before thinking of starting a home daycare, here are 10 things you should know:
1. Licensing requirements– For a home daycare some states and counties do require licensing, but most don’t. If you live in an area without licensing requirements, but most states require or want you to be at least certified. I was certified. It is rather easy, you just need to find a place that certifies you, lots to choose from, just look online for child care information in your state. Here is a great site http://nrc.uchsc.edu/STATES/states.htm But where I lived in Wisconsin, because I was certified, not licensed, I could only have 3 children at one time, that is including yours.
2. Only take as many children as you can handle realistically. I took part time, full time, short time, everything, and I will tell you, from my experience, do not take part time kids, it only makes it harder, unless you are only going to have 3 or 4 kids. I mean if this is a source of income, it's hard to make up for the few hours you get from them.
3. There are many ways to find children. This is the fun of ruining your own home based business. The number one way for me was to make really catchy, cute fliers, I made lots of copies and took them to grocery stores, post offices, door to door, put them on cars, anywhere you can people to see them. The most popular place that people saw them was at the grocery store.
4. There are lots of things to take into consideration before starting a daycare. As a day care provider you will not only be the manager, but the secretary, bookkeeper, accounts receivable collector, bottle washer (literally!), organizer, planner, referee, teacher, and counselor, to mention just of few of the roles. You must be patient!
5. There are so many forms you need to have ready on hand for when you start to except new clients. For example, you must have forms that parents sign ahead of time, like prescriptions, you can not give prescriptions to kids unless it is on paper signed from the parents. Just think of what you would be in if something happened to the child, they might be allergic, might give the wrong dosage, might have more than one child taking the same medication and give it to the wrong child, things like that. I have a daycare kit that I am selling that has all the information you need to have and know even before starting to think about running a daycare, I also include many forms that parents will need to sign before you can let there child enroll.
6. You need to think about how much you are going to charge and what age groups you are going to take. This is another business descision. I called big daycares and home day cares to check out what they were charging, don’t tell them who you are, just pretend you have a child you want to enroll there. Great way to find out what the rate is.
7. Think about the things you will need and where you can get them. You don’t have to purchase all new items, garage sales or good wills are great, just make sure to clean and sanitize them really well before giving them to the children.
For example:
* child-sized table and chairs
* individual sleeping places
* diapering area
* art materials
* assorted toys and blocks
* children’s books
* games, puzzles, vehicles, dolls
* props for pretend play
* music
* baby furniture
* storage area
8. Another thing to consider, have the parents bring, and supply you with items, like diapers, wipes, food, (unless you want to include this in the price). That’s what I did, so much easier, because you might have different age groups and lots of different wipes and diapers, that can get expensive. As far as the food, its up to you. I had the parents bring there food, they know what they will eat more than we will.
9. Remember if you have children of your own, this would be a great opportunity for you and them, you can be a stay at home parent and have friends for your kids to play with. You will never have to worry about where your children are or what they are doing.
10. Make sure to review everything and make sure you are ready to make the investment. It is really a life changing opportunity, but again worth while. I loved every minute of every day. I would do it all over again…
Here is a great daycare kit, its rated #1 on clickbank. It Includes:
* what is required to start the business
* determining what to chargesetting
* policies and procedures
* attracting clients
* establishing your daily scheduleplanning
* activities for children
* billing and accounting
* managing your cash flowrecord
* keeping your clients happy
* growing your business
* plus much, much more!!!
Kerry Mann is the creator of http://www.MakeMoneyIdeasBlog.com
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