{"id":20147,"date":"2022-05-09T19:24:16","date_gmt":"2022-05-09T19:24:16","guid":{"rendered":"https:\/\/www.openbusinesscouncil.org\/?p=20147"},"modified":"2022-05-13T19:48:35","modified_gmt":"2022-05-13T19:48:35","slug":"7-things-youll-need-to-launch-a-childcare-business","status":"publish","type":"post","link":"https:\/\/www.footballthink.com\/7-things-youll-need-to-launch-a-childcare-business\/","title":{"rendered":"7 Things You\u2019ll Need to Launch a Childcare Business"},"content":{"rendered":"
Caring for children is not only a noble business option, but it\u2019s also a lucrative one. People who own and operate childcare businesses can often take on up to 8 kids on their own and charge as much $200-$300 per week or more depending on the state they are in. While there are plenty of expenses as well, this option is a fantastic business opportunity, especially in areas where quality childcare is in short supply. Launching a childcare business is no simple task. There are plenty of steps to go through, but in the end, you\u2019ll have a great business with customers who always need your services.<\/p>\n
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Not only will you the business owner need to undergo a background check, but all the people you employ will as well. This is important to ensure the safety of the children you\u2019ll be caring for. Don\u2019t wait until the last minute either. How long does a background check take<\/a>? Well, it depends on the service you use and if you provide all the important details right away or not. Some electronic ones are very quick and can turn around results in a few days, others through the police department can take a few weeks or more.<\/p>\n Operating a childcare facility either out of your home or in a separate facility means you\u2019ll need a legal business entity. While someone who babysits might get away with being a sole proprietor, someone running a legal daycare should also have a\u00a0legal business like an LLC<\/a> or S-corp. There are not only many benefits to having one of these, but there are also many protections afforded individuals against liability if they have the right corporate structure. Unless you are doing something criminal, the legal business entities can help shield your personal assets in the event of litigation.<\/p>\n There are many different kinds of childcare facilities and each one has different state licensing requirements. Drop-in facilities for part-time care will have many different regulations than a full-time center. A home daycare also has unique regulations. It\u2019s important to get all the details from your state about licensing a facility to ensure you hire the right kind of staff and that you follow any continuing education requirements for you and your staff.<\/p>\n State licensing officials will give you a detailed checklist about what needs to be in the childcare facility. There need to be bathrooms, kitchens for preparing food, safety locks, and so much more. They will tell you what kinds of things to do to your home to ensure children are safe. This may even extend to your outdoor spaces as well, and if you have pets, they will also give you important details about what to do to create safety for the children who will be in your care. For facilities outside the home, you may need to do extensive construction depending on what\u2019s already in a building to ensure it meets the state minimum requirements.<\/p>\nA Legal Business Entity<\/h2>\n
State Licensing<\/h2>\n
Adequate Facilities<\/h2>\n
Child-Friendly Supplies<\/h2>\n