How do I start a home-based daycare? Here are the questions you should ask.
How much do you need to earn?
Standard rates for full-time preschools & daycares in the US are between $800-1000 per child (5 days/week, 8 hrs/day). Crunch those numbers based on your preferred schedule and number of kids you would like in your care to understand your potential earnings, a key element to your daycare business plan. Don't forget to factor in the amount of money you'll be saving if you have your own children in your care as an added bonus!
How will it work with
your current lifestyle?
It’s your program, your way. That's the joy of being in charge! Whether you want six children, four, or a maximum of 12 (per state licensing requirements), set your goals around the lifestyle that you want. Your hours can be as flexible as you want, too. Stop and consider which hours will work best for you and your family.
What is your 'why'?
Connecting with why you want to work with children will keep you motivated during the good times and the bad. Your "why" will help you connect with the families and children that you work with too. Grab a piece of paper and write down two reasons why you love working with kids, what your goals are, and why you chose this career. Post it on your fridge or next to your computer to keep you focused on what matters.
What are your state's daycare licensing requirements?
Interested in a daycare license? State daycare licensing requirements can be overwhelming and daunting but many families will look for child care providers with a daycare license because it is an easy way for them to assess the quality of a program. Having a daycare license is a huge stamp of approval to families that you are taking your career seriously and run a high-quality, safe program. Do a quick Google search to find out your state's daycare licensing requirements and other certifications needed to open a daycare. If you find yourself confused (like SO many do), consider joining MyVillage for expert guidance at every step of the process.
How do I easily transform my home into a learning environment?
Don’t let getting started scare you. Have fun with it! Your space is where you can express your imagination and creativity. So many MyVillage members transform common living spaces into areas where children can thrive during the day. There’s no wrong way to set up your space. We have plenty of resources, expert advice, and guidance on basic licensing requirements for setting up your space and a large educator community to lean on for inspiration. So, when you feel stuck, we can jump in and help!