Q:

How much does it cost to start a daycare center?

A:

Quick Answer

According to Forbes.com, entrepreneurs should expect to spend about $30,000 to start a child care center. Some of the costs incurred include finding a location, legal, operating and advertising costs.

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How much does it cost to start a daycare center?
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Full Answer

Whether business owners choose to run a day care from a home or a separate location, they need to make sure they comply with meeting local safety regulations. Fees are required for permits, licensing and inspection, which vary from state to state. Day care owners should have insurance for fire, theft and health. There should also be funds allocated for supplies, such as diapers and toys, and wages for additional employees. Start-up owners can save money by advertising on social media and by eventually attracting new business by word of mouth.

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