How do I start my own daycare?

Joe Ford

How do I start my own daycare?

Average salaries ran $45,100 per year, or $21.68 per hour. The highest wages were in colleges, universities and professionals schools, at a mean $98,400 per year, or $47.31 per year. Daycare directors coordinated the activities of childcare workers and preschool teachers at their facilities.

How much does a home daycare owner make?

Home daycare owners have a median income of $9.81 per hour, or just under $20,000 per year. The top 10 percent make $15 an hour or higher, while the bottom 10 percent earn less than $7 an hour.

How much does it cost to start a daycare in home?

Total start-up costs for a home daycare could range anywhere from $1000 to $4000. However, these costs will be much more if you plan to open your own daycare center.

Is starting a daycare profitable?

The increase in two-family household incomes has created a huge demand for childcare related services. Starting a childcare center can be profitable; however, the average start-up cost for one can range from $10,000 to $50,000, according to Entrepreneur.

How can I get a grant to start a daycare?

Daycare owners usually pay their salaries from their profits. They earned average annual salaries of $37,000 as of 2013, according to the job site Simply Hired. To become a daycare owner, you need at least a high school diploma. You will need a license in most states and be required to pass a background check.

What license is needed to open a daycare?

Usually only a high school diploma or GED is required. However, added child-care experience is a bonus daycare facilities look for. Some may require child-care teachers to have an associate degree in early childhood education or a Child Development Associate Credential (CDA) license.

How do I get my CDA license?

However, in most states, daycare directors typically receive at least a bachelor's degree in child development or education. States also permit degrees in other child-related fields such as social work, psychology, family studies or education administration.