I need to know, what is involved in running and owning a day care center?

Question

I have to give a speech for school telling them about my carreer choice. I want to own a daycare, what are some questions people jmight have and some anwswers to give them?

Answer 1

im not doin your homework for you

Answer 2

The best routes to take are to research the process of starting a business as well as the industry you're interested in.

I recommend checking out the SBA, Entrepreneur, The Start Up Journal & Nolo. All 4 are great informational resources for the new/small business owner. I posted links for you in the source box.

Associations may be a good avenue to explore as well. These organizations will address many of the thoughts, questions and concerns you'll inevitably have as well as many you haven't anticipated yet. See the source box for some relevant links.

Research, research, research – this cannot be stressed enough. Read as much as you can about the industry. Here are some book titles that are relevant:

* Start & Run a Home Daycare by Catherine M. Pruissen
* Starting a Child Care Center: The Indispensable Guidebook for Starting a Day Care or Child Care Business by Millicent Gray Lownes-Jackson,
* Opening & Operating A Successful Child Care Center by Dorothy June Sciarra
* The Business of Child Care: Management and Financial Strategies by Gail H Jack

There are plenty of free informational resources out there. Check the source box for links to articles.

Hope that helps! I wish you much success & happiness in all your ventures!

Answer 3

Five must-ask questions for your day-care provider:
What is the child to adult ratio?
What is your discipline policy?
What is your staff turnover like?
What is your sick-child policy?
How much time is free play?
These are questions, parents need to ask you, I know there are a lot more, don't forget in setting up a daycare, you must be licensed, have plenty of insurance, depending on size of daycare, you must have enough employees for every so many children.
You are subject to health inspections, very important that you come up to standards, there is a wealth of information out there.
Sick policy is a very important question, a lot of day Cares have a policy where if your child has a fever or bad cold, you take them back home, in fact some day cares take temperatures of children everyday. you must provide a good safe security plan.
These are just a few.

Answer 4

The first step is to read a business plan on starting a daycare. Here are free business plans on childcare business that you may want to look into:

http://www.sba.gov/library/pubs/mp-30.doc
http://www.misbtdc.org/documents/BPWORKBK.pdf
http://www.misbtdc.org/documents/CDCPLAN.pdf
http://sbdcnet.utsa.edu/sbic/bplans.htm

You may want to read the free article "How To Start Your Own Day Care Center" http://www.powerhomebiz.com/vol40/daycare.htm It covers various aspects of starting and running a daycare center including the demand for daycare centers, how to start this business, shoestring strategies, how to operate a daycare center, tips on caring for the children, income potential, how to manage your daycare, marketing your business and other additional income potential. There are so many things to learn about the business that the first step is to read everything you can find.

For in-depth information, I suggest checking out the following books:

- Start and Run a Profitable Home Day Care
- The Daycare Provider's Workbook
- Start Your Own At-Home Child Care Business
- So You Want to Open a Profitable Child Care Center :
Everything You Need to Know to Plan, Organize and Implement a Successful Program

It is also important that you learn the tax rules affecting daycare centers, especially if you are going to open one from your home. Here is the IRS page on child care centers: http://www.irs.gov/businesses/small/industries/content/0,,id=99878,00.html

As for the licenses and requirements in your state, the Administration for Children and Families provide a state by state listing of contacts for licensing and regulations governing child care businesses:
http://www.nccic.org/statedata/dirs/regoffic.html

Answer 5

First, you need tons of insurance. Then you need to make sure all your people are qualified and do a very thorough background check, to protect yourself from lawsuits if something goes wrong. Then you need to make sure that every single square inch of the property is under video camera for future review if ever needed. Then you need to make sure you are up to date on the latest learning and discipline techniques. Good luck.

Answer 6

Might I suggest you approach your local day care center either by letter or in person. Tell them what you are doing and I'm sure they will happily assist you with advice. Good luck with your speech.
SLIM JIM, LONDON ENGLAND

Answer 7

What do you want for your day care, how many kids, teachers, ages, what do you want to teach, financial situation. time of opening and closing. etc....start with that, ideas will just flow

Answer 8

day routine management