Many women search for the perfect business that they can operate from home. The reasons range from simply looking for an easier way to earn an income to having children at home and searching for ways to alleviate daycare costs themselves. Setting up and operating a home-based daycare is an excellent way to earn a significant income. This is particularly a good home business choice for mothers with smaller children who are not yet in school. It gives you time to spend with your children while they are still young and also gives your children the structure of pre-school and daycare without costing you a fortune to send them there.
In order to set up your home-based daycare center you will first need to check out your local and state requirements. Daycare licensing requirements may vary significantly from state to state so it is best to check the local home daycare regulations to see if you and your home meet all the requirements needed. Requirements typically include an adequate amount of space both in your home and in your yard for children to play. Other requirements may include a psychological evaluation to ensure that you are capable of caring for small children. If you are planning to care for infants then there will be equipment requirements as well. You can check with your local Department of Human Services or Child Care Services to get a list of requirements for home-based daycares in your area.
Once you have determined that you meet the requirements for licensing you will need to make a list of any equipment or supplies that you need. Things such as serving dishes for meals, highchairs for younger children and play equipment and toys will be needed. If you have children at home or have saved toys and equipment from older children you have a fairly good start on what you need. You will need to organize your home to accommodate the needs of the children that you will be caring for. Planning for specific age groups will help you to maximize your income potential. Parents are constantly searching for reliable daycares that provide needed instruction and learning skills for their children. Visiting school supply stores will give you wonderful resources in providing challenging learning tools for the children that you will keep.
As far as income goes, you can make thousands each month by operating a home-based daycare. Consider that most parents pay around $15 to $20 per day for daycare costs. Most states will allow you to keep up to 7 children on your own without hiring an aide. If you were to keep only 6 children at $20 per day this can add up to more than $2,000 per month. Of course you will need to keep accurate books on expenses for tax purposes as well as to estimate your profit each month. Any equipment, food or other supplies that you purchase can be used to help alleviate any tax costs.
With the demand for child care services on the increase, now is an excellent time to consider turning your home into a home-based daycare service. You stand to make an excellent income and this home business gives you the freedom to remain at home each day with your own children as well.