Home Business Plan

Home Business Plan-38
Because of the nature of the business, start by babysitting the maximum amount of kids you can before your state requires licensing.If, after 6 months to a year, you still enjoy the job, start to grow your business.Smoking is not permitted during normal hours of operation.

Because of the nature of the business, start by babysitting the maximum amount of kids you can before your state requires licensing.If, after 6 months to a year, you still enjoy the job, start to grow your business.Smoking is not permitted during normal hours of operation.

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A daycare business requires licensing of facilities and people.

As a home-based childcare provider, you may be able to watch one or two children without a license but after that, you may have to be a licensed provider.

The next step might be home-based, state-licensed childcare. Each state has numerous laws designed to protect children but those laws differ greatly from state to state.

Contact your appropriate state agency to find out how to become licensed.

Be sure parents know whether they must send food for their children or you will provide it, how much they must pay, when they must pay, and that they are aware of any other rules you have.

Be sure you have appropriate insurance to cover your daycare business.You will likely have to make home modifications, submit to a background test as well as a Child Abuse Index check and take 15 hours of preventative health and safety training.You’re required to keep detailed records for each child, have your home randomly inspected for compliance, have a fire safety inspection, and have somebody with CPR certification on site at all times children are present.It might already have an unused facility large enough for such a business.Many can’t afford to pay staff so a revenue-sharing plan with you could be the perfect solution for both parties.If you'll be hiring help, you may also need to get workers compensation and unemployment insurance.Laws and regulations in your state will differ but expect to spend a considerable amount of time learning about the many requirements before opening your doors.At very least you need to determine what your costs will be so you know how much to charge.But you should also work out the logistics of how you'll run the business.Your homeowner's insurance probably won't cover you for accidents, liability or damages related to your childcare business.So you'll need to get additional coverage to protect yourself and to comply with any state rules for home-based daycare businesses.

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