Disclosure: This post was submitted on behalf of PennyMindingMom.com.
Americans spend nearly $42 billion each year on childcare and early childhood education. Are you thinking about opening a daycare to earn money and be with your children?
If so, there are a few things you need to know about starting a home daycare. Keep reading to learn how to start a daycare at home.
1. Learn Licensing Requirements
You need proper licensing to make your daycare business legal. To get started, contact your state’s Department of Children and Family Services (DCFS) and ask about specific child care provider regulations. You can also search for your local child care licensing agency—luckily, most of this information is online.
To get started, you will need to get a current CPR certification along with a clean driving record. You will most likely have to supply other documents like a background check to prove you are committed to quality care.
2. Create a Business Plan
One of the best ways to ensure your success is to treat your daycare like a business and create a business plan. Check out some formats and templates online.
This helps you plan ahead and consider possible challenges you need to consider. Some questions you should answer include:
- How to promote your business
- How much to charge per child
- Is there enough demand
- How much will it cost to operate your business
- How many children will you allow
- What activities will you offer
In general, you need to be prepared before you open. Things will change as you go, but this gives you a good start.
3. Establish Rules
Next, you need to determine your rules for your starting a home daycare checklist. For example, what time is drop off and the latest possible pick up. You want to be upfront with those rules so you don’t have parents that are consistently late or early.
You also need to figure out food. Will you serve lunches? What should parents send?
Also, how much will you charge? When do parents pay?
Other rules you should consider include how you will run the day. Will you have a schedule? How will you handle difficult children?
4. Get Insurance
Your daycare may need several types of home daycare insurance to keep your business protected. These policies include business insurance, liability coverage, and property insurance. If you have other employees, you may want to also consider workers’ compensation.
Still not sure what insurance you need? Contact your child care licensing office for guidance or talk to your insurance agent.
5. Start Marketing
When starting a small home daycare, you need to get the word out. Marketing can be a challenge for new businesses. You should create an informational brochure or handout that communicates the basics of your daycare like pricing, activities, and what other things you offer, so you can give this to interested families.
Try advertising online on platforms like Facebook and Google. Set up a referral program once you have enrolled children. For example, offer a discount for one month for each successful referral.
Good Luck Starting a Home Daycare
If you truly enjoy working with children but want to stay home, starting a home daycare may be the right job for you. Follow these guidelines and make sure you do your planning and research. Families are always looking for reliable childcare—and it may just be you!
Looking for more family and home advice? Keep exploring our site for other great ideas.