What Are the Steps for Owning a Daycare for Kids?


Quick Answer

There are several different types of daycare businesses. The steps that should be taken to own a daycare vary depending on the type of daycare and the state in which it is located.

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Full Answer

Daycare is provided at a center or in a private home, and it is for infants, toddlers, preschoolers, and school-age children before and after school hours. Zoning laws govern what types of daycare are allowed where. The laws and regulations regarding requirements for each type of daycare differ by state. They may require a minimum number of cribs and beds and bathrooms, for example, and they may or may not require a license. Again, depending on the state, owners and staff may need training, certificates or degrees. There may be a health inspection and a fire inspection. Once the requirements are known, a business plan and a budget are needed to open and own a daycare.

Opening a daycare is only one way to own one. Established daycares can be bought anywhere other businesses are sold. Diligence is required, and the potential owner should know the market in the particular area the daycare is located, the ages of children in the neighborhood and the reputation of the business.

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