How To Start A Child Care Business
You can learn how to start a child care business. Starting a child care business is not hard, but you have to meet your state's requirements to operate this type of business and you can make a lot of money in the process. However, keep in mind that you will be working with children and they will need your constant attention, so it will be a good idea to get someone that meets your state's requirements to help you. Read on to find out how to start your child care business.
Thing’s you’ll need:
- Government approval
- Childcare business license
- Tax ID numbers
- Business attorney
- Find out your state’s requirements. Visit your local city or county office and ask the business license office clerk what are the requirements for operating a child care business in your area. Meet all your local city and county requirements, complete all the necessary paperwork and pay all fees.
- Collect information about how to start a child care business. Try to interview or contact several child care business owners in a nearby city or county and ask them how they started their child care business. Make sure you take notes for future reference. Use online resources and read books about how to start a child care business. Visit or contact your Small Business Administration (SBA) office to find additional information about how to start a child care business.
- Volunteer your services. Work at a child care business for at least three months. Decide where you want to start your child care business. Operate from home if you can so your expenses will be lower. If not, rent a building approved by your local government. Equip your home or building with all the necessary supplies, equipment and food that is needed to take care of children. Start out by accepting only about three to five children a day until you can hire a qualified assistant.
- Develop a sound business plan. Write a business plan or have someone to write one for you. If you're still stuck, you can get help at SBA’s website. Make a management section that will state how you will operate your child care business each day. Develop a marketing section that will show how you plan to get parents to utilize your services. Explain in your finances section how you will monitor expenses and income.