One of the businesses that can comfortably attract grants from government of various countries is daycare business. So, if you are looking towards starting a business that can attract grants from the government, then you should consider starting your own daycare centre.
The development and proper mentoring of children is of top priority to the federal government of the United States of America, the government of United Kingdom and Canada. In order to operate a profitable and a standard daycare centre, you would have to access funds and support made available by governments and Non Governmental Organizations (NGOs) for such businesses.
N.B-: This article is culled from: “The Complete Guide to Starting a Daycare Center from Home.”
As a matter of fact, there are different levels of grants you can access from all levels of government i.e. local government, state government and federal government. These grants can cover constructions cost and renovation cost, operational coats and training costs et al; in essence there grants that covers the total project cost of setting up and running a daycare centre.
So in order to qualify for grants from either your local government, your state government or even the federal government, you would have to meet the lay down requirements and perhaps also position your business properly. If you live in the united states of America, there are several loans and grants tools you can use to access grants and support for your daycare centre.
Some of the various grants you can access if you live in the United States of America are Community Development Block Grant, Community Facilities Grant Program, Child Care Access Grant and Childcare Development Block Grant et al. Now let us quickly go through some surefire tips that will help you access grants for your daycare centre;
5 Steps to Getting Government Grant for a Daycare Center
1. Register Your Daycare, Obtain Your Business License and Ensure Your Pay Your Tax
It is important that you first and foremost register your business. You may consider checking with the corporate affairs agency in your country to know how to strike things off. After the registration process, then you would be required to get your business license. This is important so that you do not have your business clamped down on. Be sure that you pay your tax always.
2. Study the Various Grants Available To Daycare Business Owners
You have got to conduct some research at this juncture. This is basically based on the grants that are available to daycare centers. The internet would be a great resource in that regard. You may also consider asking experts who are capable of giving you hands-on answers that would be of immense help for your business.
The role a good business plan plays cannot be watered down. It is for this reason that you would really be needed to hire an expert to help you write down your plan.
Be sure to include your short term and long term business goals. Also, other expenses that you may likely incur in your quest of getting a grant for your daycare business. Here is a sample daycare center business plan template to help you get started.
4. Position Your Daycare Centre to Attract Grants
It is very important that you operate on a very good standard so as to attract all and sundry and so that you are able to attract grants fast enough. This means that you have got to look out for the standard operating process of your business. This operating process is very vital if you want to attract good grants.
5. Make Use of Loans and Grants Tools on the Internet
There are an avalanche of bodies that are willing to give you grants and loans for your day care business. It is for that reason that you must research well so that you can locate this people. You may consider going through this process via the internet or as well as asking an expert. This has to be one who has an experiential knowledge of the processes involved and what have you.
Now that things have really taken shape, then it becomes important for you to note that you must not become too complacent that you do not have time to look for better ways to seek grants. Keep reading and digging up facts about this.