- The facility itself accounts for the largest portion of the daycare startup costs. Whether buying or renting, an initial investment on the property will be required to secure the facility. Renting a commercial space for a daycare center requires a contract and possibly a deposit. Buying the space means securing a loan for the property, which will vary based on interest rates and the loan amount, and requires a down payment. Renovations to ensure the building meets safety standards may add additional costs to the endeavor. A final cost for the building is insurance.
- The ages of the children who will be enrolled at the daycare center determine the type of furniture required. Child-sized tables and chairs for activities and meals are a standard need for centers. A daycare that enrolls infants requires special equipment, including cribs, high chairs and baby swings. Additional furniture may include bookshelves, storage units for toys, lockers for the kids and desks for the teachers. In addition to furniture, the center will need facilities for preparing meals and snacks. A refrigerator and stove provide the basics needed for meal storage and preparation.
- The toys, play equipment and supplies provide the bulk of the stimulation for the children. A variety of age-appropriate toys are necessary for a daycare center. Ideas for toys include play food, toy kitchens, balls, blocks, dolls, puzzles and books. Large play equipment for outdoor play areas add to the startup costs. Soft mats provide a spot for indoor play. Books, beanbag chairs, craft supplies, writing implements, office supplies and paper round out the list of supplies needed to get the daycare off the ground.
- Marketing the daycare center increases the chances of reaching maximum capacity at a faster rate. Inexpensive marketing techniques, such as word of mouth or involvement in community events, saves on the budget. More expensive options, such as newspaper ads, increase the marketing efforts and reach a wider audience. A website for the daycare center reaches a wider demographic of consumers who rely on the Internet for research. Construction of a professional website adds to the marketing budget for the center.
- Staffing costs include both salary and training expenses. Staff members expect a paycheck from the beginning, regardless of how many students are enrolled to provide income for the center. Benefits, such as health and disability insurance, require money up front. Capital to cover the initial salaries and benefits of the staff members is essential to hiring and maintaining qualified employees. Teachers and aides may need additional training, requiring the payment of training fees and registrations.
