Why start a daycare center business? This is a great business especially there are approximately half of the children in US are looked after by someone instead of their immediate family member at some point of the day. Almost two-thirds of homes having both parents working are also providing a big and growing consumer foundation for the gaining popularity daycare industry. In addition, as much as 12 million children in the United States are living with a single parent and they need child care to look after they child in order for the parent to work.
Day care businesses are now incorporating profits to sustain the business with their service of childcare. Starting this kind of business needs owner that are child loving and willing to meet the needs of the clients. Several small child daycare businesses are domestic, based in own home, or operated in a privately owned home. On the other hand, the so-called center-based operations are larger in terms of size and most of the time, it consist of franchise, sponsored by on-site company, individually owned centers and cooperative. Roughly, 15% of working or career-oriented mothers are clients of center-based daycare for their children (usually in preschool age). This is their initial source of childcare. Additional 13% of the said mothers employ the center-based care as their minor source especially for use as a baby-sitter. Recent survey results show that affluent and more educated families rely heavily on center-based childcare whereas the lower income families rely mostly on their relatives for it.
With the increasing popularity, the demand for childcare led to the growth of many chains of daycare centers. Most chain leaders of daycare operations started back in late 1960s and are still operating today with several branches in different locations. Many of these daycare center chains offer interested individuals the franchise opportunities.
Childcare programs differ in the extent of services they provide. You can choose from being an after-school care, full-day care, nighttime care, drop-in care, or extended care.
On the other hand, you can do it on your own. To start a daycare business in your own home needs monetary capital starting from $500 to $5,000. The cost is still dependent on the equipment cost you will need to purchase as well as the re-modeling that is necessary to meet the licensing laws. Merely $10,000 is the starting capital for a full-scale daycare centers and it will operate from an independent business location. For your own start up business, you may want to consider the following requirements: Licensing fees, Certification for CPR or First Aid, high chairs, nap mats (you can charge these to the clients as part of their registration fee), bedding things, first aid kits, software learning tools, safe toys, supplies for arts and crafts, changing pads that are disposable, foods that are suitable for all, sanitary storage especially for used diapers, space for outdoor playing, record player, radio, advertising things, liability insurance, safety devices, computer, educational books and learning materials, cleaner (anti-bacterial), playpens or portable cribs, child-sized tables and chairs.
Loren Yadeski, author of this article is also interested in day care and recommends you to please check out own a day care if you liked reading this information.
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