How To Start Your Own Daycare Business Plr Ebook

Table of Contents

1 INTRODUCTION TO THE DAYCARE BUSINESS 4
DEMAND FOR GOOD DAYCARE IS HIGH 4
2 GETTING STARTED 6
EDUCATION MATTERS 6
What if i don’t have an education degree? 6
You need a business plan 7
FRANCHISING 7
3 FINDING A LOCATION 9
HOME BASED DAYCARES 9
OPERATING YOUR DAYCARE FROM A SEPARATE FACILITY 10
Finding a Location 10
Other facility ideas 11
4 BUSINESS BASICS 13
WHO WILL YOU SERVE? 13
SAFETY 13
HOURS 14
STAFFING 14
FOOD 15
LICENSING 16
Daycare Licensing Requirements By State 16
ACTIVITIES 28
INSURANCE 30
Choosing an Insurance company 30
5 MARKETING TO YOUR CUSTOMERS 32
YOUR SIGN 32
A BROCHURE 32
A GRAND OPENING 33
LOCAL MEDIA 33
6 CUSTOMER SERVICE 34
7 BEING PROFITABLE 36
UP FRONT EXPENSES 36
ONGOING EXPENSES 37
TUITION RATES 37
SETTING YOURSELF APART 38
8 WHY DAYCARES FAIL 39
FINANCIAL FAILURE 39
FAILURE TO ADHERE TO LEGAL GUIDELINES 39
FAILURE TO SATISFY CUSTOMERS 40
9 CREATING A LONG TERM PLAN 41
CONCLUSION 42

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1
INTRODUCTION TO THE DAYCARE BUSINESS

The daycare industry is a thriving one. In fact, this is one industry that the recent economic downturn has been very kind to. More stay at home moms have entered the workplace to help make ends meet, so more children have entered daycare than ever before. Running a daycare can be a smart career choice, since it’s a business that will always be in demand. In fact, in areas where there are few daycares, many have a waiting list for openings.

This doesn’t mean, however, that running a daycare is a snap, nor does it mean that you’ll be rolling in dough from this business. In fact, there are many hurdles to overcome in order to make a daycare business successful and profitable. You’ll have to learn ways to keep costs to a minimum while still providing all the expected services.

DEMAND FOR GOOD DAYCARE IS HIGH
Experts predict that the demand for daycare centers will continue to increase. This is fuelled by the fact that today’s mothers were likely in daycare themselves as children. Therefore, they may have very fond memories of the experience and feel comfortable leaving their children in daycare centers, so long as they are convinced that their children’s’ needs are being appropriately met.

Gone are the days when new moms left their children in the hands of Grandma while they were working. Today, it’s likely that Grandma is working, too. But, while today’s mom is comfortable with the daycare setting, she’s also better educated than moms from the past, so her expectations are high.