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Operating a home daycare facility is a little different from operating
a daycare facility as you will be sharing your living space with your business. There are a few factors to take into consideration
when operating a home based daycare:
Regulatory issues affecting home daycares
You need to check with your local authorities
on the legalities and licensing requirements to operate a home day care facility.
Your family's views on your home daycare
If you have
young children at home, you will need to know what will be the impact of your home day care business on your children.
Some children might not be receptive to the idea of “sharing” their mommy or toys with other children. You might
need to speak with them and explain to them what you are intending to do. And unless you are operating from a garage or in backroom that is away from the main house, you will need to discuss
and solicit for feedback from the rest of your family members on the impact of your home day care on their daily lives.
Staffing for your home daycare
Even if you are intending to operate your home daycare without hiring any staff, you will need to ensure that additional help is available on days when you are sick or if there is an emergency.
Insuring your home for your home
daycare
As you are sharing your place of stay with your work, you should also consider purchasing
liability insurance to protect your property against accidents.
Renovating for your home daycare
Unless your home is completely
child proof, you might need to do some minor renovations prior to starting your home day care business such as fences, fire
extinguisher, sharp edges, non-slip bathroom tiles etc.
Accounting for home daycare businesses
The benefit of operating
a home day care facility is now you can share some of the household expenses such as the rental, utilities, etc with the business
and you will probably be less stressed about breaking even as compared to a daycare centre. You can consider purchasing a starters' kit specially compiled for home daycare business owners called Starting a Child Daycare, which offers a good guide to easily and quickly starting your own home day care business.
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