How to start a daycare?!?!?

Question

ok so i want to have my own business of a daycare from ages 2 to 9 is that good? anyways i love kids an i plan on having some when i get older but for now i want to open a daycare. can anyone tell me how and is it better to work at home or not and does anyone know about how much it would cost and how much i would make?

thanx for any help and any other advise you have about opening a business plz tell me

Answer 1

The first step is to prepare a business plan. Even if you will not be applying for a bank loan, a business plan helps you to think through your business - what it needs, who it will benefit, how much it will cost, and what is its potential. Here are free business plans on childcare business that you may want to look into:

http://www.sba.gov/library/pubs/mp-30.do...

http://www.misbtdc.org/documents/BPWORKB...

http://www.misbtdc.org/documents/CDCPLAN...

http://sbdcnet.utsa.edu/sbic/bplans.htm

Other articles you may want to read:

Starting a Child Day Care Business http://www.libsci.sc.edu/BOB/class/clis7...

How To Start Your Own Day Care Center" http://www.powerhomebiz.com/vol40/daycar...

Childcare.net http://childcare.net/indexnew.shtml

Starting a child-care services business http://www.entrepreneur.com/article/0,46...

HOW TO START A QUALITY CHILD CARE BUSINESS http://www.sba.gov/library/pubs/mp-29.pd...

For in-depth information, I suggest checking out the following books:

- Start and Run a Profitable Home Day Care

- The Daycare Provider's Workbook

- Start Your Own At-Home Child Care Business

- So You Want to Open a Profitable Child Care Center :

Everything You Need to Know to Plan, Organize and Implement a Successful Program

It is also important that you learn the tax rules affecting daycare centers, especially if you are going to open one from your home. Here is the IRS page on child care centers: http://www.irs.gov/taxtopics/tc509.html