Starting a HOME daycare. I need a business plan in order to get a SB loan. Please help?

Question

Anybody out there have a sample business plan they could send me. I just need a template to get me started. Any suggestions!!! ???

Answer 1

Here are free business plans on daycare 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

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
How To Start Your Own Day Care Center" http://www.powerhomebiz.com/vol40/daycare.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

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/publications/p587/index.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

In Connecticut, for example, you would need http://www.dph.state.ct.us/Licensure/apps/G_C_InitialAppReq.pdf
- child day care center initial application
- supplemental application
- lead testing (for pre 1979 buildings/houses)
- first aid course certification
- proof of worker's compensation form
- verification of experience for head teacher
- local health department approval
- fingerprints of staff
- many more

Answer 2

Oh boy was this an easy one! LOL!