The Importance Of Start-Up Costs In Child Care Centers

You have decided that this is a good opportunity to expand your day care business as you have received many inquiries for childcare. In order to comply with your home state regulations, you will require a larger facility and will need to hire additional staff in order to sustain the larger demand for day care. This staff will consist of five (5) Certified Day Care Professionals, one (1) Registered Nurse Professional, five (5) After-School Assistants and one (1) Office Support Paraprofessional. You have secured approval for a bank loan and qualify for future loans for future expansion if your current endeavor is successful. Meanwhile, the state in which you operate has requested that you provide a staffing plan before it will issue licensure for your expanded capacity.

The purpose of this paper is to provide a staffing plan for Guardian Angel Daycare center. Although, we are a small business I will provide information that will show with the right amount of employees, possessing the knowledge, skill, and ability (KSA) skill sets we can maximize efficiency and meet the critical business needs at the appropriate times. In order for us to secure the licensure needed for our future expansion.

What are the goals of Early Head Start? The goals or priorities of this is to provide safe and developmentally enriching caregiving. To support parent, mother and father, in the role as primary caregivers. The teaching of the children, and family in meeting personal goals. Being able to successfully achieve self sufficiency across a wide variety of domains. Communities being mobilized to provide proper resources and environment that is necessary. But also, to ensure the provision of high quality responsive services for the family. The idea of this topic, is to show the types of things that should be looked for when choosing a child care center. When choosing a child care center for whom it may involve it should be important to look for things like the quality of care, and the type of care and learning techniques that will be involved, while the child is there.

An increase in baby booming makes it tougher for working parents to find daycare. The facts prove that having children come with a true price. Even so it doesn’t change the issues of finding child care or makes them go away. When parents work, quality child care is a necessity. And it does not come cheap. For families with more than one child, child care can eat up one salary, leaving parents wondering both working is worth it. When thinking of child care there are some options to consider like choosing a child care center, the costs of child care centers, and waiting lists.

In general, the first operational year of any business can be stressful and a bit perplexing. In most circumstances, the first year for any new daycare center will be a period of low enrollment. This means we may be facing insufficient income to meet your expenses. Yet, the budget had not taken into consideration any potential loss in the income that might happen. Nevertheless, according to the loss scenario, we face a significant loss in the income about 44,740$ less than the anticipated income, which causing a shortage in the budget about 18,452$ less than the anticipated spending. Eventually, this shortage in the income would certainly has a significant effect on the cash flow for the rest of the year. Indeed, if the administrator does not

Although there will be an inevitable exposure to liabilities, there are ways to decrease the amount. Some liabilities observably entail issues such as injuries to a child while attending the daycare. These liabilities can be minimized through the legal structure of the daycare and also how organized the operation is arranged, purchasing liability insurance when licensing the daycare, and making the daycare clear of any objects which may result in injury. Fortunately, there are also three other types of liability options to explore:

The costs of this expansion will mostly go toward labor, as labor is the single largest component of costs for early infant and toddler care centers (Marshall et al., 2004). For teachers to stay invested in the children they teach and care for, they must be fairly compensated to maintain the high quality of care. According to a study in Massachusetts, 72 percent of typical full-time, full-year center expenditures go toward labor (Marshall, et al., 2004). In dollar amounts, “average expenditures per child care hour were $4.42 for centers serving infants and $4.28 for centers serving toddlers. These correspond to full-time care expenditures of $10,343 and $10,015 for the two groups of centers [infants and toddlers, respectively]”

The day-care center will save and make the company money. The day-care center will keep money inside the company.

. The daycare and child development business is booming and profits are soaring. With more people looking at the child care field from different angles, these type of programs have more opportunities for more allies and partners, for funding and positive public relations, for improving, and “professionalizing” the programs that we offer to our children in our communities. Non-profit groups and higher education have increasingly partnered with schools, often including after-school hours.

to 5:00 p.m.). Fees do not vary if less than a full day or less than a month of daycare is used by the parents. Based on projected demand, it is expected that the daycare center will open in January 1997 with 120 children. Ms. Nemet has been successful in negotiating a ratio of 6 children to 1 daycare worker for the first year of operation. Daycare workers earn $6.50 per hour. They work from 9 to 5 and get paid for eight hours. Children get a snack and lunch. The food cost is $3.00 per child per day. The cost of supplies is $1.50 per child per day. The City of Northville has purchased certain equipment (such as cots and desks) for the first 120 children. However, these costs are estimated to increase by $50 per child as the enrollment at the daycare center goes up. For the first four months, it is expected that the number of children will grow by 10 percent, beginning in February 2000. Beginning June 2000, the monthly growth is expected to be 5 percent. Parents pay $200 per month per child. In the first year, Northville is "donating" space and utilities. Ms. Lux says that this city contribution is worth $2,000 a month. Mr. Legato says that the union will contribute to the cost of the city's new daycare center by providing $1.00 per child per day for the children of union members. It is estimated that 70 percent of the children will be children of union members. The state has a subsidized daycare start-up grant for the first year of

It is becoming more common for corporations to provide daycare facilities as a fringe benefit for their employees. What has evaluative research found regarding the costs and benefits of these facilities?

In a regular day to day basis businesses must face a great deal of external and internal forces. Businesses have many different aspects of external and internal forces they must face in order to be successful. External forces, internal forces and trends continually make the pathway for where a business is headed and where a business stands currently. Organizations should do a SWOTT analysis to examine business potential and business risks so that if any action needs to be conducted it can be done before any unwanted events occur within the business (Robinson, Pearce, 2004). United Daycare has several forces and trends that potentially affect the overall business. Nevertheless, in order for any business to function properly the business

The location we would like to start our child care center in is 6800 Shakespeare Rd, Columbia, SC 29223 Columbia, South Carolina. There are 13 licensed centers in our community within our local zip code with an average capacity of 20-240 children. There are 7 Head Start programs and no Early Start programs that operate in the community. The Head Start programs do not specify how many children they serve. Our community has 1 faith-based program. These faith based programs are not exempt from licensure and they serve 100-238 children. Our local public schools offer head start in the whole county for pre-Kindergarten aged children. There is no YMCA in our community.

This business plan will explain the opportunity and the business case for starting and operating our new independent day care facility, and details the need for $75,000 in investment capital in order to properly fund the operations and provide an attractive return to investors.

Where as a facility has set hours that they are open in the week so you are guaranteed to get your hours in. If I were to own a daycare there is no telling how many hours I would work a week since I would not be setting my own hours. Lastly I looked at the investment I would have to make in order to work in a facility or own my own daycare. If I were to work at a facility the expenses are already set up so I would not have to make my own investments. As for owning my own daycare I could end up making an investment from as little as $500-$100,000. The cost of starting an in-home daycare goes based on how much remodeling is needed. There is a lot of equipment I would want to have in my daycare such as: toys, nap mats, bedding, playpens/cribs, art and craft supplies, first aid kit, child size furniture, and so much more. The equipment needed for a daycare can get expensive.I would not want to invest so much money into an in-home daycare that I have no guarantee that business will be good, or what my hours will be, or how much I would be