Whether you’re a child care professional with a vision or a parent who sees a need, you’ve got your work cut out for you.
A well thought out plan also helps you to step-back and think objectively about the key elements of your business venture and informs your decision-making on a regular basis.
SBA's Business Plan Tool provides you with a step-by-step guide to help you get started.
You might want to write some goals or even a mission statement, outlining your daycare or child care center's purpose and motivation.
Start by looking at general child care industry trends, but then narrow it down to looking at the child care offerings and choices in your local area.
You can also use your completed business plan to discuss next steps with a mentor or counselor from an SBA resource partner such as SCORE, a Small Business Development Center (SBDC) or a Women's Business Center (WBC).
Complete each section of SBA's Business Plan Tool at your own pace.
You’ll also want to develop a disaster or crisis management plan and health, safety, privacy, and nutrition protocols, all under the guidance of your local licensing requirements.
A smart marketing plan is the key to attracting customers.
How many children do you need to serve to be able to pay your bills and stay afloat?
Depending on the type and size of your daycare center, you’ll need insurance policies of several different types, including liability, property, workers’ compensation, and business insurance. and fingerprinting, and be sure to rigorously verify references and education levels.