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Research the Market. Create A Home Daycare Business Plan. Competitor Analysis. Name Your Daycare Business. Plan of Educational Program. Fix Pricing. Choosing A Location For Your Daycare Business. Set up The Place.
Research the Market. Create A Home Daycare Business Plan. Competitor Analysis. Name Your Daycare Business. Plan of Educational Program. Fix Pricing. Choosing A Location For Your Daycare Business. Set up The Place.
Total start-up costs for a home daycare could range anywhere from $1000 to $4000. However, these costs will be much more if you plan to open your own daycare center.
Usually only a high school diploma or GED is required. However, added child-care experience is a bonus daycare facilities look for. Some may require child-care teachers to have an associate degree in early childhood education or a Child Development Associate Credential (CDA) license.
Learn about daycare licensing requirements. Write a daycare business plan. Find a location for your daycare. Get insurance for your daycare business. Prepare your daycare facility. Develop policies and procedures. Hire staff to help you run your daycare. Invest in child care software.
Estimated Cost of Opening a Daycare Cost estimates for starting a home-based daycare business range from $10,000 to $50,000. Daycare center franchise startups range from $59,000 to $3 million.
To put a child in care for an entire day can cost between $55 and $125. But even when your center is full, you are likely to find that much of your fees from the children go on fixed costs. Staff and premises are likely to be the biggest costs but food, diapers and equipment all add up.
Daycare owners do not make extremely high salaries compared to other small business owners in the United States. Home daycare owners have a median income of $9.81 per hour, or just under $20,000 per year. The top 10 percent make $15 an hour or higher, while the bottom 10 percent earn less than $7 an hour.
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