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I'm looking for grants or any financial assistance, what training and qualifications would be needed. Permits, licences, etc... Contacts with info would be appreciated. Serious answers only please!

2006-08-02 01:21:01 · 3 answers · asked by Anonymous in Business & Finance Small Business

3 answers

Unless you already have some money saved up you won't get any financial assitance. You would need people that have the proper training, ECE (Early Childhood Education) diploma. I don't think you can get a permit for 24hr daycare.

2006-08-02 01:31:17 · answer #1 · answered by Michelle 6 · 1 0

Associations may be a good avenue to explore. 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!

2006-08-02 11:35:38 · answer #2 · answered by TM Express™ 7 · 1 0

Sources of Financing Canada has the most comprehensive list of resources where you might be able to get financing for your daycare business http://strategis.ic.gc.ca/epic/internet/insof-sdf.nsf/en/Home

Also check the Self Employment Grant Program for Canadians http://www.hrsdc.gc.ca/en/epb/sid/cia/grants/self-emp/desc_self-emp.shtml

The first step is to prepare a business plan. Even if you will not be applying for a bank loan, a business plan helps you to think through your business - what it needs, who it will benefit, how much it will cost, and what is its potential. 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.

Other articles you may want to read:

Starting a Child Day Care Business http://www.libsci.sc.edu/BOB/class/clis748/Studentwebguides/ss02/pollack2.htm
Childcare.net http://childcare.net/indexnew.shtml
Starting a child-care services business http://www.entrepreneur.com/article/0,4621,290241,00.html
HOW TO START A QUALITY CHILD CARE BUSINESS http://www.sba.gov/library/pubs/mp-29.pdf

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

2006-08-02 22:55:03 · answer #3 · answered by imisidro 7 · 1 0

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