Do you want to start a daycare center but you want to go niche and be unique? If YES, here are 10 best daycare related business ideas / opportunities for 2020.
Operating a daycare facility can be demanding and at the same time a very rewarding and profitable venture. An entrepreneur who is interested in taking care of babies and preschool toddlers and also have a business might find that opening a daycare facility would meet both desires.
Before starting a daycare business, one must be prepared by carefully planning out the venture from the beginning; by researching on local and state laws that govern the daycare cum preschool education business. There must also be planning as regards space, getting insurance, developing a curriculum, hiring additional staff, advertising and registration of children.
Basically, daycare facilities provide day care services for children, largely those who are under five years old. Some standard daycare facilities may also run preschool programs that prepare three and four-year-olds for kindergarten. Although kindergarten education is excluded from industry services, as are in-home nanny services. The day dare industry provides essential services for working class families who have babies and toddlers.
Perhaps, the first thing to be done before starting out is contacting the local governing body of child care for relevant information regarding the opening of a daycare facility. When approaching the governing agency, ask to meet with the administrators so as to discuss your business idea, and get information on how to become a licensed daycare program provider.
After gathering all the information, you would then need to contact the local government as regards getting a license to start. Depending on the state you will be operating in, you might be required to register and pay a fee to obtain a license.
If you are interested in starting a daycare business in the united states of America or any country of the world, it might interest you to note that there are several niche ideas you can choose from and here are 10 best daycare business ideas in the United States of America that you can choose from.
10 Best Daycare Business ideas & Opportunities for 2020
- Special Needs Daycare for Children
Starting a special needs daycare is one good daycare business idea that an aspiring entrepreneur who intend starting a daycare related business can successfully start. If you are naturally drawn towards taking care of kids with special needs, then you should consider starting a special needs daycare center.
However, this is a very sensitive business to start up as a single mistake could have dire consequences for your wards and their families. Starting a special needs daycare center is indeed capital intensive, but at the same time it is lucrative. You are rest assured to make good returns on your investment because there will always be need for your services.
You might not be cut out to take care of children with special needs, but if you are interested in taking care of adults with special needs, then one good daycare related business idea you can successfully start is a home to carter to the needs of adults with special needs. The facility is usually located in a secure and less noisy area. It has to be well furnished with beddings, furniture, fittings and other things that can add to the comfort and ambiance of the place.
Another Unique but interesting daycare related business that an aspiring entrepreneur who is interested in starting a daycare related business should consider starting is a doggie daycare services. Please note that for you to do pretty well with this type of business, you must have genuine love for dogs or else you will struggle with the business.
This is indeed a fast – growing business as doggie daycare services have increased in the United States from 2009 to 2014, and will still increase till 2019 despite the poor economic outlook. This is due to the fact that customers have more disposable income to spend on their dogs, and that dogs are considered part of the family.
Starting a pet sitting service or pet daycare service as it is also known is yet another growing and profitable daycare related business that an aspiring entrepreneur can successfully start in the United States of America. Depending on the area and jurisdiction, those who engage in the pet daycare business might need a license, insurance, and also might have to be trained in animal first aid.
However, it doesn’t necessarily require an education or a certification before you can launch this type of business. It is important to note that the pet sitting line of business is still at its infancy, and it is projected as a growing industry. So, if you are interested in this line of business, then this is the best time to wade into the industry.
- Baby Daycare Services
When we talk about daycare related business ideas, one of the very first business that comes to mind is baby daycare services. If you are looking towards starting a daycare related business in the United States, then one of your options is to open a daycare that carters to the needs of babies within your community.
The fact that we have growing population of working class couples in our cities / communities who are willing to pay good money for their babies to be cared for while they are away at work or business means that this is a good business idea to consider. Basically, baby daycare services carter to the needs of babies.
Starting a preschool daycare service is yet another popular and of course profitable daycare business that an aspiring entrepreneur can successfully start in the United States. The preschool industry operators provide day care services for children under the ages of three and four to prepare them for kindergarten.
Preschool programs reflect in the geographic distribution of the children, income and housing affordability patterns, labor, and child care subsidy policies. Also, varying state and local regulations and licensing requirements affect employment in this industry.
- After School Daycare Services
After school daycare services is all about taking care of children of school age especially as they wait for their parents to come back from work to take them home. This niche daycare service is thriving because we have a growing population of working class parents who usually close late from work, but would not want their wards to be left unattended to hence the need to enroll them in a safe and secured after school daycare service.
When it comes to caring for elderly people who can’t take care of themselves, there are several options and one of them is to take them to daycare service centers designed for elderly people. Elderly people’s daycare services essentially provide daily accommodation and personal care services for elderly people and of course other individuals who are unable to fully care for themselves due to ailment or disability. So, if you are looking for a good daycare business idea to start in the United States of America, then one of your best options is to consider starting an elderly people’s daycare services.
- Open a Crèche
Opening a crèche is yet another daycare related services business that any interested entrepreneur can launch in the United States of America. Crèches or nurseries as they are also known are facilities where day care is given to babies, toddlers and young children.
Day care is the care given to a child during the day (or night) by a person who is not a parent, legal guardian or a member of the child’s immediate family. Unlike babysitting which is typically done in the child’s home, day care services require the child be taken to a different location (a daycare centre) during specific periods especially while parents are at work.
Babysitting is yet another daycare related business idea that an aspiring entrepreneur can successfully start in the United States of America and make good profits from. Unlike daycare services where children or adults as the case may be are brought to a facility outside their homes, babysitting requires that you attend to the babies/toddlers right in their houses.
You will agree that babysitting is a good way to make money in the United States of America. So, if you are looking towards starting a daycare related business and you don’t have the financial capacity to open a daycare facility and hire caregivers, then you can choose to start offering babysitting services.