According to the U.S. Small Business Administration, the first step in developing a child care business is obtaining specific demographic data for the area where the business is to be located. Knowing where the greatest need exists is crucial to the business' success. The Small Business Administration has useful resources for completing market research of this kind.Know More
Of course, starting a business involves more than simply identifying a need, says the SBA. Child care providers need a location that complies with specific zoning laws in their municipality and insurance on the property, including liability and casualty insurance such as fire and theft. Additionally, state licensing laws usually require that the property complies with specific provisions of the Americans With Disabilities Act. Potential providers are encouraged to set up a pre-licensing inspection of the property to ensure that it complies with the all of these statutes before applying for a license. A child care provider license is required in all states in the United States.
Another important component of being a child-care provider is having a well-structured business, according to the SBA. This includes such factors as having a well-written business plan and a marketing plan for recruiting new clients. Lining up sources of financing to get the business started is crucial, as well. Other factors include legal considerations, such as how to structure the business, registering the business name, filing the correct tax identification forms, and obtaining a business license and all necessary permits. Careful screening of potential employees and knowing the legal responsibilities involved in being an employer are important, too.Learn more about Career Aspirations
According to The Day Care Resource Connection, contacting a state daycare licensing agency is the first step in setting up a home daycare. The state agency connects the potential care provider with local agencies and sends a packet containing fee requirements, applications and regulations. Some states do not require licensing if caring for five or less children, but registration is still required.Full Answer >
The first step in starting a mobile car wash business is to acquire the appropriate licenses and permits from state or city governments. Individuals should study the regulatory requirements for keeping their business licenses.Full Answer >
Starting a day care transport business requires equipment, documentation and personnel, explains the Texas Department of Family and Protective Services. Necessary equipment includes vans and buses, and the necessary documentation includes a licence and a permit if it provides services for children who are not related to the owner.Full Answer >
In order to start a car rental business, you need a fleet of cars, insurance for the vehicles, money for advertising, a referral network, and trusted employees to take care of the cars and manage the business. Making money renting cars involves understanding your market and meeting your customers' needs.Full Answer >