| The daycare industry in the US is a multi-billion | | | | children and starting up generally low startup |
| dollar industry that has grown significantly over | | | | costs. |
| the past twenty to thirty years. The reasons for | | | | 4) All states require licensing but the procedures |
| this growth rate are due to the trend toward a | | | | for qualification are not difficult or complicated. |
| higher number of women choosing to work | | | | Training requirements for daycare staff are |
| instead of staying home with children, sometimes | | | | minimal in most states too. |
| as a result of an increasing divorce rate. | | | | 5) There is a constant move towards quality in |
| The daycare industry generally refers to the care | | | | the child care industry. Parents realize how |
| of children outside of their own home by | | | | important a child's early development is towards |
| caregivers who are not part of their families. Let's | | | | influencing their physical and mental abilities later in |
| take a look at some basic points about the | | | | life and they are looking for care providers who |
| childcare industry in the US. | | | | offer children a stimulating environment for |
| 1) The industry includes a variety of players from | | | | growing and learning. |
| home-based daycare centers and infant care | | | | The growth in daycare shows no signs of letting |
| through to large preschool centers or | | | | up and looks set to grow throughout the coming |
| kindergartens. | | | | decade. The industry has been resilient to |
| 2) The main sector of the market consists of | | | | recessions in the past and should not be affected |
| families with children under six who have not yet | | | | as much as other business models in tough |
| started school. 'After school' and 'before school' | | | | economic times. |
| childcare is a smaller sector of the market that | | | | Savvy entrepreneurs who are able to balance |
| caters to children up until their teenage years. | | | | good business smarts with a love of working with |
| 3) Small businessmen and businesswomen are | | | | children should find great opportunities in the |
| attracted to the industry as it offers a rewarding | | | | daycare business and will be well rewarded for |
| lifestyle for those who enjoy working with | | | | their efforts. |