10 Things To Consider When Opening A Center
Here are 10 questions prepared by our experts. They are questions every owner should consider when opening a center or when it is time to re-brand their childcare business.
Why do I want to open a child care center?
Have I completed a demographic or market study to determine if the area will support another child care center? Remember Location is King!
How do I plan to pay for the start-up costs for opening the center?
Do I have proper financial resources to operate the center for 1 to 2 years after the opening?
Have I developed a monthly budget sheet that have estimated expenses, miscellaneous fees, equipment-building upkeep, and income to determine if your center will be profitable?
Do I understand all the rules and regulations of your state agency that have to be met in order for a center to be licensed?
Do I know how the square footage of the building and the outdoor space determine the number of children I can have in care? For example, 32sft per child and your space is 2500 sft. How many children can I have? *Only count the area where the children will be.
Do I know the fire, zoning, and environmental health requirements required for licensing in your state?
Do I have the required education, training, and experience to operate a child care center?
Do I know how to meet the staffing and training requirements for licensing to satisfy the state agency requirements?
