Daycare Business Plans

Daycare Business Plans-62
If you're planning on opening a daycare, one of the first things you'll need is a comprehensive business plan.Whether you’re a child care professional with a vision or a parent who sees a need, you’ve got your work cut out for you.

If you're planning on opening a daycare, one of the first things you'll need is a comprehensive business plan.

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List your daycare in any local directories of child care providers and participate in parenting events in your area, such as maternity and baby fairs, or kid-friendly community events.

Run a social media campaign focusing on your target population.

Developing detailed financial budgets for your daycare will guide you in the logistics of running your own business. expenditures and build in a plan for unexpected costs.

How many children do you need to serve to be able to pay your bills and stay afloat?

If you’re in California, the Child Care Resource and Renewal Network should have all the info you need.

Start with the basics--what are you planning to do with you new daycare business?

Depending on the type and size of your daycare center, you’ll need insurance policies of several different types, including liability, property, workers’ compensation, and business insurance. and fingerprinting, and be sure to rigorously verify references and education levels.

You’ll also want to develop a disaster or crisis management plan and health, safety, privacy, and nutrition protocols, all under the guidance of your local licensing requirements.

Your local government will have rules and regulations that will govern you as a small business owner and as a childcare provider, and you want to strictly comply with both.

Start by checking out Child Care Aware of America’s licensing guidelines for child care and daycare providers, and then research your specific state and city.


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