Before you invest money in a child care business, you need to spend time to find out if your community needs another child care center or family child care home. The needs assessment is a list of questions for you to consider.
Estimate the number of families demanding services in your area at the rate to be charged.
It will be helpful to survey potential client families regarding their needs relative to child care facilities in the area.
Planning Guide for Starting a Child Care Center
The demand for child care services steadily increases as more and more women enter the work force, giving up the traditional role of full-time mother and homemaker.
How to Start Legal, Successful Child Care Business
Finding a Location
There are many factors to consider before you decide on a location for your child care business. Before you decide to use your home for a family child care business or commit to a building for a child care center, you will need to look at indoor and outdoor space for health and safety issues. You will also need to check zoning and homeowner association covenants.
The cost of the center itself, especially for a location outside your home, will be one of your major start-up expenses. Many child care providers operate from their homes, but you may want to build, buy or rent space for your center.
A license is required if you care for six or more children less than 13 years of age, for any part of the 24 hour day, who are not related (children, grandchildren, great-grandchildren, brothers/sisters, nieces/nephews) to you. This includes day care centers, day nurseries, and any other facilities that fall within the scope of the above description.
Child Care licensing standards set the minimum acceptable health, safety and program standards for the legal operation of programs required to be licensed. Licensing, or in some states, regulated care, is a baseline below which it is illegal to operate.
The purpose of these regulations is to protect and promote the health and safety of children in this state by providing for the licensing of child care facilities as defined herein to assure that certain minimum standards are maintained in such facilities.
Before starting your child care center, know the many regulatory systems that will affect your program.
The need for capital is common to all businesses, both large and small. However, small businesses often have a more difficult time attracting investment capital. A major cause of business failure is inadequate financing. It is important that the business owner look carefully at the needs of his/her business and develop the documents necessary to convey these needs to investors or a commercial lender.
The Minority Business Enterprise Loan Program provides loans to socially and economically disadvantaged minority and women owned businesses as designated by the Minority and Small Business Development Division of the Mississippi Development Authority.
The most active and expert lenders qualify for the SBA's Certified and Preferred Lenders program. Certified lenders receive a partial delegation of authority to approve loans. Preferred lenders enjoy full delegation of lending authority.
Division of Early Childhood Care & Development
Mississippi Child Care Payment Program (CCPP)
DECCD | PO Box 352 | Jackson, MS 39205
CCPP inquiries: firstname.lastname@example.org
Other DECCD programs: DECCD@mdhs.ms.gov