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How to Run Your Own Daycare Business

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Make money taking care of little ones.

Whether you run a home daycare or a large operation, you have to keep on top of things if you want to be successful. Daycare regulations vary by state, so you must be familiar with the local regulations to stay in line with the law. Still, with more than 50 percent of children under five attending day cares, there is some money to be made.

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    Difficulty:
    Moderately Challenging

    Instructions

    Things You'll Need

    • State paperwork
    • Toys and Games
      • 1

        Keep on top of your paperwork. Running a daycare requires a lot of paperwork. Most states require a daycare license, especially if you are watching more than three children. You often must renew your license regularly. In addition to this, you must keep paperwork on each child that you watch, including general information, allergies, immunizations and emergency contact information.

      • 2

        Follow all state regulations. Each state has its own laws regarding daycares. For example, most have regulations regarding how many children one adult can watch based on the children's ages. Another example is that you may have to require guests to sign in if they visit your daycare, even if it's just a friend stopping by your home daycare.

      • 3

        Check for safety concerns regularly. Every day, look for things that could pose a potential safety threat for young children. This could be hard corners on your tables, open electrical outlets or the cleaning supplies in your cupboards. Take the necessary steps to prevent an accident from happening.

      • 4

        Pay your insurance. You'll need to have insurance to run your daycare. Some insurance agents specialize in insurance for daycares. This needs to cover liability issues in case something happens to one of the children in your care.

      • 5

        Offer educational opportunities for children. State funded pre-school programs are a big threat to daycares. If you want to keep your preschool age children enrolled in your daycare, you need to offer educational opportunities that are similar to what they'd receive in a pre-school. For example, you should teach counting and reading skills.

      • 6

        Purchase a wide range of toys and activities. The toys and games that you offer the children in your care help to create well-rounded children. You should have some that encourage large motor skills, such as balls and outdoor play equipment, and others that encourage small motor skills, such as blocks and beads for beading. Toys that teach about art and music are also a good idea.

      • 7

        Hire employees that care about children. If you own a large daycare, it's your employees that are going to make or break your business. Parents want to leave their children with someone that they feel will care about them. Your workers should love working with children and have an active interest in encouraging their development.

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    References

    • Photo Credit amused baby image by Galina Barskaya from Fotolia.com

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