| You've decided to join the world of entrepreneurs. | | | | licenses are necessary, as well as to give you an |
| Congratulations! We're here to give you the best | | | | idea of your expenses and possible income flow |
| and most straightforward advice on how to start | | | | when you open the business. This will determine |
| your own day care business. Don't have a lot of | | | | what type of clientele you will have. Find a great |
| time? Here's a basic run through of the eight | | | | spot with lots of traffic-the kind of traffic you |
| things you need to start your day care business. | | | | need. The perfect spot? An area where there are |
| Step One: Have A Plan. What type of daycare will | | | | lots of families nearby, or an area where lots of |
| you putting up? Will it be for kids, an adult day | | | | families go to eat shop and spend time together. |
| care? How will you run it? Where will you put it? | | | | Step Five: Spread the word. Tell people you're |
| Start thinking about what you are going to do. Do | | | | opening a day care center. Advertise. Tell them |
| some research (like checking the rest of this | | | | what your center is going to be like. Harass-ahem, |
| website out) and think of what you want to do | | | | contact potential clients. Use your connections, |
| to make your day care the best one around. | | | | your friends. Place ads. Stand in the street and |
| Make your own business plan and stick to it. | | | | hand out flyers. Place a flyer on your car |
| Step Two: Fix your requirements. This include | | | | rearview and drive around town. Try to get |
| state and government licenses for day care | | | | potential clients to sign in even before you open. |
| centers. These vary from state to state. Make | | | | You'll breathe a sigh of relief on that first day, |
| sure that you have all that you need to prevent | | | | instead of anxiously watching the door. |
| yourself from running into trouble in the future. | | | | Step Six: Set up your day care center. Here |
| These include following the rules and regulations | | | | comes the hard part. This is the part where you |
| set by law. Insurance falls under here. Research | | | | buy your furniture, supplies and renovate (if you |
| on your possible tax deductions and government | | | | need to). This is the time clear out that basement |
| grants. | | | | that nobody uses or that apartment over the |
| Step Three: Find your capital. In a perfect world, | | | | garage that you've been planning to convert into |
| we wouldn't need money. It's a business; you | | | | something. Paint, sand, child-proof your electric |
| need to sink some money into it before you can | | | | sockets. |
| start making money. But think of the money you | | | | Step Seven: Hire. If you're planning on a big |
| can make! There are many ways to jump-start | | | | enterprise, now is the time to conduct interviews |
| your capital if you don't have enough saved. Hold | | | | and begin hiring. |
| fundraises, find a potential investor or take out a | | | | Step Eight: Be patient. Remember, you're just |
| loan. You can also turn your day care into a | | | | starting out. There will be ups and downs before |
| partnership by finding someone you trust. Get a | | | | your business stabilizes. You can't expect to be |
| silent backer or a government grant. Speak with | | | | fighting off droves of parents on your first day |
| your local business associations. | | | | open. Patience, determination and our helpful tips |
| Step Four: Location. Location. Location. Where will | | | | will help you turn your day care into a rip roaring |
| you set up your day care? Will you run it from | | | | success. |
| your home or lease? You need this to know what | | | | |