• Home
  • About
  • Contact

The Phat Startup

The Ultimate Lifestyle Blog for Entrepreneurs

  • Blog
  • Blogger Lifestyle
  • Money & Finance
  • Motivation
  • Personal Growth

Blog

5 Essential Steps for Starting an At-Home Daycare

Did you know that around 4.8 million children attend an organized daycare facility? If you are looking to start your own at-home daycare but are not sure where to start, you are in the right place. We have put together this short guide to share the essential steps for starting a daycare.

Keep reading to learn how to start a daycare.

1. Business Plan

One of the first steps is to sit down and write up your business plan. This is how you will determine what you need and how you are going to operate your daycare business. Make sure your daycare center business plan includes your goals, marketing plan, overhead costs, revenue streams, how you will measure progress, potential problems, and licensing requirements for your local area.

2. Business Structure

Next, you will have to choose the business structure you prefer. Most at-home childcare centers are registered as sole proprietorships or LLCs. An LLC is a great route because no one can go after your personal assets in the event of a lawsuit.

LLCs also help you avoid dealing with double taxes of a corporation. Before you apply for an LLC you will have to get a general business license and the child care license that your state requires.

3. Name Your Business and Register

You will have to come up with a name for your daycare as well. This is important because it is how parents will judge your business. Make sure you choose a name that is easy to remember and understand.

Once you choose your name, then you can register your business and open a business bank account. You will also need to get an Employee Identification Number (EIN) because it will be used to fill out your tax forms. This EIN is something you can get online through the IRS website.

4. Purchase Equipment

Next, you can start shopping for daycare items. You will need things such as:

  • Markers
  • Crayons
  • Paper
  • Binders
  • Cleaning Supplies
  • First Aid Kits
  • Toys
  • Mats
  • Snacks
  • Beverages
  • Food
  • Books
  • Tables

Nowadays you can easily shop from the comfort of home or go in person to places like Target, Ikea, or Walmart.

5. Marketing

This is a very important step because if you do not have any students then you won’t have a business. You can market across different social media platforms and use ads to promote your business to your local area.

Also, take the time to create a professional website that is appealing and attractive to parents. You can also add a blog to your website to help increase your site’s SEO strategy as well.

Ready to Start Your Own Daycare?

We hope that now that you have our top essential steps on starting a daycare, you are feeling more confident and ready to start your at-home daycare.

If this blog post came in handy make sure to browse the rest of our business section to make sure you do not miss any of our latest reads and tips.


« Where You Should Spend Your Money When You’re in Your 20s
How Do I Perform an in-Depth and Technical SEO Audit? »

About The Phat Startup

The Phat Startup was created by Mike McOwen to create a space where entrepreneur lifestyle could be focused on. We tend to live a different lifestyle than most. Entrepreneurs tend to be interested in maximizing their life, not only their profit.

Connect With Me

  • Email
  • RSS
  • Twitter
  • YouTube

Twitter Feed

Mike McOwenFollow

Mike McOwen
PhatStartupsMike McOwen@PhatStartups·
29 Dec 2017

Why is content marketing so important? Find out here: http://thephatstartup.com/money-finance/why-your-business-needs-a-content-marketing-strategy-in-2018/

Reply on Twitter 946751505146707968Retweet on Twitter 946751505146707968Like on Twitter 9467515051467079681Twitter 946751505146707968
PhatStartupsMike McOwen@PhatStartups·
9 Oct 2017

http://yescincinnati.com/

Reply on Twitter 917521630162759681Retweet on Twitter 917521630162759681Like on Twitter 9175216301627596811Twitter 917521630162759681
PhatStartupsMike McOwen@PhatStartups·
25 Sep 2017

Wow, interesting

Forbes@Forbes

Millennial men are more likely than women to default on student debt http://on.forbes.com/60148NudC

Reply on Twitter 912458136849698816Retweet on Twitter 912458136849698816Like on Twitter 9124581368496988162Twitter 912458136849698816
PhatStartupsMike McOwen@PhatStartups·
25 Sep 2017

I LOVE Toronto! Miss that place

GO Transit@GOtransit

Explore Toronto’s art scene with GO! Enjoy special late night service during Nuit Blanche on Sept 30. https://cards.twitter.com/cards/v2l8b/4ttwx

Reply on Twitter 912458028355670017Retweet on Twitter 912458028355670017Like on Twitter 912458028355670017Twitter 912458028355670017
Retweet on TwitterMike McOwen Retweeted
BuffaloSabresBuffalo Sabres@BuffaloSabres·
25 Sep 2017

Batter's up! ⚾️ Spending quality time with our friends at @MiracleLeagueWN.

4
Reply on Twitter 912457252057034754Retweet on Twitter 91245725205703475454Like on Twitter 912457252057034754319Twitter 912457252057034754
Load More...

Blog Ideas That Make Money

How to Create a Retail Space You Are Proud Of

What are KF Fittings?

Reduce the risk of car accidents and stay away from critical injuries

Search

Copyright © 2023 · The Phat Startup

Copyright © 2023 · Divine Theme on Genesis Framework · WordPress · Log in