How Much Do Home Daycares Make?

Opening and running a Home Daycare Center takes more skills than you may think. Before you run out and enroll a lot of kids follow along with these guidelines and you will save yourself a lot o time, trouble, and money. As with any business you have to have your affairs in order! There are plenty of people willing to help you become successful.You will be able to find many free resources that will make this wonderful adventure worth all of the hard work. Many resources that you will need can be found in your local library. Opening a Home Daycare takes some money but your main overhead is already paid for, this is your home. The State has many regulations that you must follow even though you are in your own home these rules and regulations still apply. Families still expect the same quality of care that they would receive in a commercial Child / Daycare Center.

Before you open your business ask yourself, are you right for the job? Do you have the right personality, temperament, motivation, and the necessary skills to undertake such a rewarding career.

To take this challenge of running a Home Daycare you must have a personality to not only deal with often undiscipline children but you must also have personality and temperament to deal with parents who are in many cases very demanding due to the last center they did not like . How well do you handle sharing your living quarters with children who may not view your dwelling as the sacred and peaceful place that you call home. Motivation is so important when pursuing any new career, so ask yourself, "For what reason am I taking up such a challenging profession?" Is it because you are tired of the 9-5? Well you may be trading the 8 hrs. in for 12 hrs.7a-7p depending on your parents work schedule. You must never forget that you have made yourself available to families based on their needs.

Are you motivated because you want to be home with your own children? Be aware that not only will you be making adjustments but your family will be making adjustments as well. Is money the motivating factor that causes you to want to pursue such a demanding job? What ever your motivation is, the next prep steps hold true for any type of business whether home business or commercial. I will touch briefly on these steps. I cannot go into great detail in this article but remember there are many free resources at your local library. The internet has a vast amount of knowledge ranging from finance, state laws, to website design.

Nothing gets done if your money is funny! So it is very important to create your budget, you do not want your children to suffer because you failed to plan. Remember these words, "If you fail to plan, you plan to fail." Make sure that you take into account all the monies needed to operate your business. Once you have estimated your expenses go back and analyze your budget, this will let you know how much financing you will need. Big question! how will you finance your business. Many entrepreneurs seek out financing but many brave souls finance themselves. This is very important, money is your life's blood; without it your business does not exist, so make sure that you have covered this most important step. The welfare and safety of your children, parents and your own family depends on this very vital step.

The next step is preparing your home to be a safe, suitable, stimulating, learning environment, capable of nurturing not only children but parents as well. In an essence you become a new family. Home based or Commercial you will be forming relationships that many times last a lifetime.

Once you have both physically and emotionally prepared yourself and your home you must remember that children need well balance meals that stimulate growth of mind body and soul. So far we have spoken very little about the, "State", all Childcare Centers fall under the jurisdiction and authority of the State, and they fall under Federal guidelines. Be sure that you are fully versed on your State laws. When all is said and done you will be inspected by the State so have some form of record keeping in place to provide for them when they show up, and they will show up!

Accountability is the key to success. Set your contracts, the do's and don'ts and do not forget "Uncle Sam 'he has to know your business so be sure to have all taxes covered. Opening and running your Home Daycare starts with, you and how organize and discipline you become Some entrepreneur deal in widgets but your inventory is much more precious, all in all if you take care of business business will take care of you.

Source by David F White

Spread the love

Leave a Reply

Your email address will not be published. Required fields are marked *