To answer the big question: how to start your own home daycare center, you will need to understand what makes this business profitable. There are many daycare centers that operate full enrollments of 35 to 65 children however, these are breaking even. This is because of the imposed regulations causing big overhead costs. To rake the annual profits that fall to “before taxes” bracket of $100,000, need facilities to care for 150 to 200 children will be necessary.
How to start your own daycare center is not an easy question to answer, nonetheless, it is not that hard at all. The First thing you should do is contact your State Daycare Licensing Agency. By doing so, you will get in touch with your local agency. They will possibly send you a packet of information with application, regulations and other steps that you need for availing your license.
Not all states require a license for your own home daycare center, as some just oblige you to be registered depending on how many children you are planning to take care of. Regulations vary from state to state. These are also different for home daycare than for daycare centers.
To make sure that you will start your own home daycare center right, you should ensure yourself with the right information. You can start surveying and soliciting suggestions from experts. There is nothing wrong with asking for the help of those who are experienced with this kind of business.
If you like children and it’s your desire to teach them, setting up a daycare center might be good for you. Here are some simple guidelines how to start a daycare center.
1. It’s easy to learn how to start a daycare center if you engage in working on this field for a few months. It may be appealing to start on a task when you’re not yet trying. Of course, it’s very uncomfortable to all your resources into launching a new business, only to discover that you really can’t handle running kids.
2. Take time to learn about administrative aspects of managing a daycare center. Examine the state’s regulations; learn what you need to get to become licensed. Identify the number of children you can have in your care at one time, and the accepted adult to child ratio. It may be tough at first but your knowledge will make the rest of the project much easier.
3. Investigate all the legal issues that daycare providers face. Understand that you can’t control kids’ unreasonable behaviors. To prevent a parent from hitting you with a lawsuit, don’t forget to consult the service of a lawyer and get great insurance coverage.
4. Search for the right physical facility. You can decide to create a home based daycare center or you may want to open your daycare in a separate facility. Either way, just make sure that you can provide enough space for the children to play, cribs, and small tables for crafts and “school.” Furthermore, you are going to need kitchen facilities.
5. Look for the best staffs you can trust with the daycare center. Keep in mind that they must have a solid background and experience with young children. You may need to run background checks for security purposes, and the parents, that everything is safe and clean.