Starting a home daycare can be exciting, meaningful, and even highly profitable. It’s a unique chance to work with children and make a positive, lasting impact on them during their critical years of early development. It’s an opportunity to help parents in your community juggle work and family time. And it’s one of the few ways to successfully stay at home and raise your own children while earning a living. Indeed, it can be worth it if you are the right type of person for the job, plan properly and are located in a town where there’s a need for this service.
It’s important to understand that opening a daycare and operating one is both a personal and business decision. Working with children isn’t for everyone, and not everyone has what it takes to run a business. But if you love working with kids, are responsible, kind, assertive, willing to learn and take action – a home day care business could be a perfect fit. While it’s not rocket science, there’s plenty to learn to successfully start a family day care business in your home.
Just like in any other small business, you need to take the right steps to make your business profitable and sustainable. Starting a daycare means knowing and abiding by federal, state, and local regulations and standards, and guaranteeing a healthy and safe environment for children. And those are only the basics.
On top of attending to their basic needs, you will play an important role in childhood development through activities that stimulate intellectual, physical, emotional, and social growth. Many moms who want to start day cares are completely lost and don’t know where to begin.