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Step 1
State and local regulations govern what kinds of snacks or meals must be offered, as well as appropriate staff-to-child ratios. For 2- and 3-year-olds, for example, Arkansas requires that daycare centers have one worker for every 12 children. If the children are kindergarten age and above, one worker is required for every 20 children.
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Step 2
Consider whether it makes sense to operate a home-based center or if you should rent or purchase a facility. The benefit of a home-based center is that is helps keep overhead low. The downside is that the average residential home comes with space limitations that may limit the growth of your business.
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Step 3
Should you decide to manage the business yourself, you'll need to handle insurance, accounting, billing and marketing responsibilities.
If you hire staff, be sure to account for the cost of employee benefits. -
Step 4
Consider incorporating, so your personal assets will be protected if your business is ever sued. Also purchase insurance for your business, in case a child is injured under your care, or if your facility suffers devastating damage.
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Step 5
Ensure electrical outlets are covered, fire hazards are removed and any toxins, such as cleaning chemicals, are locked away. Make sure there are adequate activities for the age group you will be servicing. Many children are in daycare for 10 hours or more a day. Create different stations with arts and crafts, games, musical instruments and other activities.
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Step 6
Local businesses such as banks may allow you to post fliers about your business for free. Consider which media outlets offer the most exposure. Local shopper publications tend to offer low-cost advertising. Consider monitoring birth announcements in the local newspaper. When a new baby is born, send parents a congratulatory note and some information about your business.
Expect parents to come visit your facility before they commit to using your services. Ensure it is neat and well-organized.
