How Do You Run A Profitable Home-Based Daycare?
In a society where two-income households are the norm, paying someone to watch your children is not an unusual practice. Because of this, the chance to run a day care business out of one’s home is an increasingly profitable opportunity. You can start small and eventually expand as more money comes in. Just be sure to have the proper licensing and provide exceptional service. If you do this, word of mouth alone should help your day care business grow into a profitable one. Select the type of program you wish to run. You can specialize in such areas as full-day care (9 a.m. to 5 p.m.), drop-in care (parents can bring their children in on short notice), after-school care or extended care (multiple days and nights while parents are away). Be sure to focus on one type and do it well before you attempt to offer other services. Remember that this program will be run out of your house; so much of what you provide will be based on what you are willing to take on in your personal living space. R