Daycare is where you drop your child off with a provider, and is a great way for your kid to get some socialization if you’re in a situation where there aren’t other kids around. I suggest you check your state and local regulations before enrolling your child in a center or home daycare. The geographic limitations, and the diversity in type of daycare providers, make child daycare a highly fragmented industry. This leads to frustration for parents who are attempting to find quality child daycare, with 87% of them describing the traditional search for child daycare as “difficult and frustrating”. There are often local industry associations that lobby governments on childcare policy, promote the industry to the public or help parents choose the right daycare provider. In some cases, good daycare can provide different experiences than parental care does, especially when children reach two and are ready to interact with other children. As a matter of social policy, consistent, good daycare, may ensure adequate early childhood education for children of less skilled parents.
The vast majority of childcare is still performed by the parents, in house nanny or through informal arrangements with relatives, neighbors or friends. For example, in Canada, among two parent families with at least one working parent, 62% of parents handle the childcare themselves, 32% have other in-home care (nannies, relatives, neighbors or friends) and only 6.5% use a formal day care center. There are some home daycares’ that run an illegal operation with respect to tax legislation where the provider does not report incoming fees as income and the parent does not receive a receipt to qualify for child care taxable deductions. Under the current law, educators and childcare workers at daycare centers, schools, and other organizations need to have their backgrounds checked. According to provinces and cities some shortages of subsidized openings can lengthen the time needed to find a suitable childcare provider. Almost all areas of the country reported a rise in the costs parents have to pay for all forms of childcare, when they can find it. On-going high costs of child care highlight the utmost need to subsidize services more effectively. The government needs to support affordable quality childcare which is provided locally through the voluntary, public and independent sectors, and meets the requirements of parents.
Don’t be mislead in thinking that operating a day care business means working 24 hours a day 7 days a week. Your best option is to run a daycare business from your home and avoid paying large fees to rent an outside space. If you’re tired of leaving your little one in the care of someone else, but need the money to help meet your financial obligations, running a home daycare business is the solution you’ve been waiting for. A home daycare is one of the easiest, cheapest and fastest home businesses to start. Many experts do expect the demand of daycare services to increase through the next decade, and the popularity of this type of business to continue to grow from there. Be sure to know the regulations in your area, and then design your business plan to meet these regulations.
There are software tools to assist you in running a smooth daycare operation. Whether you run a home daycare or a daycare center, a good daycare software will: Organize your child care business making it run more smoothly and trouble-free, save you time by automating time-consuming administrative tasks such as attendance tracking and billing, save you money by reducing administrative costs, reduce stress with automatically generated schedules, and event reminders make you money by allowing you to focus on growing your business while helping you avoid legal and tax problems. Finally, if you have employees, the software with automatically keep track of their hours and pay.
Placing your child in a daycare can be a stressful decision for any parent as in most cases they’re literally giving all their trust to a stranger to look after their child. Verify with local governments to make sure the day care facility has a good standing track record with few documented complaints. The day care industry is spread vast and may be profitable if you decide to operate the business from home.