| Like any new business venture, opening a day care | | | | foreclosures and those who would be glad to rent it |
| also requires prior strategizing, meticulous planning and | | | | out on lower rates than the market to save their |
| dedication of time, efforts and resources. It goes | | | | mortgage. |
| without saying that the most important pre-requisite is | | | | Once you have rented or purchased the property for |
| that you must love children. | | | | the day care, next step would be to furnish it |
| From business point of view, a day care can be a | | | | appropriately for the incoming children. Here, too, the |
| successful business venture, the owner must have a | | | | option of renting or purchasing is at your disposal, |
| business plan ready that covers every aspect of day | | | | though purchasing good quality furniture is |
| care operation be it day to day operations, procuring | | | | recommended, but if it's not within your budget then |
| the required equipment, hiring proper help and | | | | you can opt for renting. |
| professionals for smooth running, figuring out a prime | | | | Many states in addition to obtaining a license also |
| location where the day care will be situated and lastly | | | | require the day care to have a medical professional to |
| financing for the entire operation. | | | | be present on the premises. Other than this depending |
| First of all, you need to decide whether you have | | | | upon the magnitude of the establishment and the |
| enough capital for starting such a venture. If not, you | | | | number of children enrolled, you might have to hire |
| might have to look for a financier or an investor who | | | | licensed teachers and caretakers. |
| would definitely want to see your business plan ahead | | | | Now that you have done with all the initial phases and |
| of the startup, so make sure you have done your | | | | have a place of business ready, it's time to advertise |
| homework beforehand. After this stage has been | | | | for it to let the parents know that you are in business. |
| dealt with successfully, you need to find a prime | | | | Advertising is totally dependent on the scale of budget |
| location which is easily accessible to working parents | | | | which is allocated for it; you can go for television |
| for dropping off their kids. It should not be exactly on a | | | | commercials which can provide you the quickest |
| main street but set apart from it. | | | | exposure and publicity but at a high cost. Other |
| Choices are available at this juncture, that are, either | | | | alternative is to revert to print media like newspaper |
| you start the day care out of your own home to | | | | ads and printing pamphlets and distributing them at |
| minimize startup cost or you could go hunting for a | | | | social places like churches and community centers. |
| building to purchase if your business plan has enough | | | | Once your day care is up and running, you might want |
| monetary capacity, last option would be to rent out a | | | | to incorporate an education package too which would |
| building or a house. If you are going with the last option, | | | | provide more edge to your establishment, as it would |
| then a quick way of finding a cheap space would be | | | | be providing babysitting services in combination with |
| to look for businesses or properties which are nearing | | | | pre-school education. |