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.
How can I open my own daycare?
Read on to learn the ins and outs of how to open a daycare.
- Step 1: Learn about licensing. The first step to starting a daycare is to contact your state Daycare Licensing Agency.
- Step 2: Identify existing services.
- Step 4: Get set up.
- Step 5: Market your daycare.
Do you have to have a degree to open a daycare center?
These regulations are listed on the Daycare.com website (see Resources). However, in most states, daycare directors typically receive at least a bachelor’s degree in child development or education. You may start a daycare without a college degree in some regions, but this usually means you have to hire a director.
How much money can you make owning a daycare?
Daycare owners usually pay their salaries from their profits. They earned average annual salaries of $37,000 as of 2013, according to the job site Simply Hired. To become a daycare owner, you need at least a high school diploma.
Is owning a daycare center profitable?
The increase in two-family household incomes has created a huge demand for childcare related services. Starting a childcare center can be profitable; however, the average start-up cost for one can range from $10,000 to $50,000, according to Entrepreneur.
What certifications do I need to open a daycare?
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.
How do I attract parents to my daycare?
You might try a few new strategies to catch the attention of parents and attract new clients to your daycare.
- Open Houses. Open houses give parents a chance to experience your daycare before they commit to enrolling their children.
- Word of Mouth.
- Community Advertising.
- Internet Advertising.
How do I start my own in home daycare?
Part 1 Developing a Business Plan
- Assess the need for child care in your community.
- Identify existing child-care businesses.
- Decide whether you will operate a home-based or center-based child-care business.
- Decide what kind of child-care business you want to operate.
- Make a budget.
- Choose a name for your business.
Photo in the article by “Flickr”