Not too long ago, it was assumed mom would stay home and be with the kids during the day. It wasn’t too common to put them in daycare because most moms just stayed home. After maternity leave, moms and dads very quickly realize a decision must be made as to who and how the child will be cared for.
(psst… This provides YOU an excellent opportunity!)
Soon, parents are looking for options …
WHICH OPTION IS BETTER FOR YOU?
Naturally, many moms start researching how to start a daycare as an option to create an income, because they can work from home! While doing your research, you’ll want to make sure you understand how daycares are different than preschools.
- Q: Is this a project that you will work on with a partner or will you be handling everything yourself?
A: If you’ll be working independently it’s probably a good idea to start small to get accustomed to doing it, before growing your business into something larger.
- Q: Are you comfortable working longer hours?
A: Most daycares are open at 6 in the morning and usually don’t close until 6 or 7 at night. I don’t know about you, but that is a long day! Preschools on the other hand are typically are taught in 2 1/2 hour blocks. This means with preschool you will typically only work 5 hours per day (and that is considered full time!)
Daycare businesses can be costly, not only in the start-up materials needed (think of cribs, high chairs, etc.) but also in the day-to-day costs to feed the children breakfast, lunch, and sometimesdinner. Preschools are often less because you will not have to provide any meals for the children, and snacks can be provided by the parents.
Another thing to consider is the expense of renting an office space if you are not going to be running your business out of your home. Also include in your budgeting: insurance and teacher salaries.
CHOOSING THE BEST OPTION
With your preschool business, you can make more money, spend less time working, and even work from home. You can spend quality time with your children and make a full-time income.
Joy Anderson started a preschool in her home and now makes a full-time income while spending time with her children daily.
Visit her today and learn her #1 Secret to Starting a Preschool In Your Home instead of learning how to start a daycare.