As long as women have babies, childcare will always be a service in demand. A home daycare could be an ideal solution for a mother with children who wants to stay home with them and bring in an income. Watch other children along with your own children. Your children will have playmates and you will get paid. Not to mention, you get great tax write offs.
There are basically two things you need to make sure you have before you start a home daycare:
1) Patience and love for children.
2) A suitable place to keep them.
If you have a house with a big back yard, you are a great candidate to open your own home daycare. If you live in a cramped apartment, this isn’t a good idea until you move to a better place. Parents would like to place their children in a home that has plenty of room and a place outside to play.
Operating your own home daycare, you would decide on the hours and days. You could operate a traditional schedule like daycares do. Some home daycares offer 24/7 care. There is a high demand for childcare during evenings, nights, and weekends because most daycares are closed during these hours and lots of parents are working 2nd and 3rd shifts as well as weekends.
What you earn depends on where you live and how many children you keep and the rates. Childcare costs are high in some areas of the country, while other parts are relatively low. Many parents prefer home daycares to regular daycares because their children get more attention, they have the same sitter everyday, and it costs less than regular daycare. You could also just be a regular babysitter, but many parents feel better knowing their childcare provider is licensed by the state. Plus, if you are licensed you are allowed to keep more children.
Before you start a home daycare, you will need to do some planning and it will take time before you are officially open for business. You will need to get a license, your home will be inspected, you will need to child proof your home if it isn’t already, and get some extra toys and baby equipment and decide on meal and snacks everyday. You may even want to find a friend and go into business together. Then you will need to decide what you will charge, draw up contracts which parents will sign and begin marketing. Put up fliers, get business cards, tell your friends and family to spread the word, and put an ad in the paper. If you get word of mouth referrals, you will find yourself with a waiting list and having to turn down clients. Parents are always looking for good child care.
Some home daycares are filled up soon after opening, while others will take time to get established. An example of one successful home daycare owner is a single mother who could not afford to put her own children in daycare. If she got a regular outside job, daycare would cost more than she would bring home. She felt stuck in a big rut and worried about how to get by. So, she decided to open up a home daycare and is now making $400 a week and doesn’t have to pay a penny for childcare for her own children. She also enjoys the benefit of being able to raise her children herself and be with them everyday. She could earn more money because she is able to watch more children, but has decided to limit her business to watching 4 other children and they are charged $100 a week. However, if she wants, she has options on earning more money from her business. With her home daycare income and child support, she is doing well for herself and is happy.
Before deciding to open your own home daycare, educate yourself about it.
To learn how to open your own home day care click here: