How Much Does It Cost To Start A Daycare Center??

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 do you get your child care license?

In order to obtain a license, you should:

  • Call your local Department of Health (DOH) office.
  • Ask for either a family day care application or a group family day care application.
  • Get your fingerprints.
  • Complete your 15-hour health and safety competency training.

How much does a home daycare owner make?

Worker Basics. Childcare workers, who are daycare providers who directly handle children, averaged $21,320 per year, or $10.25 per hour in 2011. The lowest-paid 10 percent made less than $16,220 per year, or $7.80 per year, while the highest-earning 10 percent received a mean $29,510 per year, or $14.19 per hour.

How do I start my own daycare?

What are the steps to start a daycare?

  1. Plan your business. A clear plan is essential for success as an entrepreneur.
  2. Form a legal entity.
  3. Register for taxes.
  4. Open a business bank account.
  5. Set up business accounting.
  6. Obtain necessary permits and licenses.
  7. Get business insurance.
  8. Define your brand.

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.

Do daycare owners make good money?

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.

Photo in the article by “Wikipedia”