Starting a home daycare business is a good way to make extra money, especially for stay at home moms. The start up costs are low, it’s easy to promote a home daycare, and the money is good. Because of today’s popularity with dual income families, childcare providers are in high demand in many areas.
So what’s the downside? Is there a downside? Unfortunately the answer is yes, there is a downside to any business venture, be it child care, opening a restaurant or working from home in a makeshift home office. The question that remains to be asked: is starting a home daycare right for me?
In order to succeed at running a home daycare, the child care provider must love children. This may seem like it should go without saying, but unfortunately there are some people out there who do it more for the money than for the children. Success does not follow those who do not work with what they love. The provider must also be very patient with children. Even if you have your own children, somebody else’s child may have habits, manners, and tantrums that can be extremely hard to handle if you’re not prepared for it.
Taking care of many...
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