It means that the best time for entering the child care market is right away. Smith wants to open a new locally-owned, nationally accredited Kids Care Center, focusing on the provision of day-to-day full-time care and loving environment for children aged from 1 month to 60 months.
He can skip many complicated licensing and paperwork issues by purchasing a franchise, but the cheapest option starts at $70,000 and may cost up to $3,5 million.
Are you a early childhood educator with a passion for working with children?
Do you have a strong interest in maintaining cultural heritage amongst youngsters?
Writing a business plan will help you to identify your ideal customers and make clear your specialized services.
To help you get started we’ve created an example business plan for a childcare business.Nowadays, among , 96.8% of families have one parent employed and 61.1% have both parents working.Thus, the employment opportunities evolve, and working parents need more professional people to take long-term care of their children, and here a daycare center comes to help out.Based on their age, the kids visiting the center should be divided into 5 groups: For setting up the business, Mr.Smith needs to rent a house, hire child care professionals trained in early learning programs, and calculate the overall daycare startup cost. Smith can start looking for funding by investor or lender, interested in a profitable startup idea. The primary expenses include renting costs and wages of staff, while the secondary ones consist of costs of food, driving, nappies, etc.This article has over 442,098 views, and 31 testimonials from our readers, earning it our reader-approved status. Operating a child-care business is a great way to earn a living if you enjoy working with children.Generally speaking, there are two main ways to run a child-care business.You can also find the same example in the Business Plan Writer, our free online tool that guides you through the process of starting your business.Just select “Education/child care/child enrichment” as your industry when you register. Futurpreneur Canada’s Start-Up Program takes your passion and turns it into a reality.This work requires a clean bill of patience, dedication, and love, as it may be utterly overwhelming at times, with more-than-8-hour working day and all the paperwork that comes along.However, watching how the kids develop as they become older is worth all the efforts, isn’t it?