How Do You Fund A Daycare Business?
If you are passionate about taking care of children, opening up a daycare may be something that interests you. Opening a daycare requires that you follow laws set by state and county where you live. It also requires some working capital to get supplies, pay rent on a building, and pay employees until the daycare begins to profit. There are a few ways to finance a daycare, including loans and grants. Locate a building that will be suitable for a daycare. Calculate what funds you will need to open your center, including the costs of toys, furniture, advertising, and employees. You can also ask family and friends to donate any items that may be useful in your daycare. This will help you decide how much funding you will need to ask or apply for. Ask family and friends for gifts. There are multiple benefits to asking family for help. If it truly a gift, they will not expect to be paid back. If they loan the money to you, they may not charge interest. Find a venture capitalist. A venture cap
