Any experience with starting a home day care?

SFC Private RallyPoint Member — Mon, 05 May 2014 18:12:33 -0400

Question for anyone here. My wife is in early discussions and research about starting her own business. Has anyone out here starting their own business? If so are they are tips you can provide?

Response by SSG Robert Burns made May 5 at 2014 6:17 PM

SSG Robert Burns — Mon, 05 May 2014 18:17:03 -0400

I own 2 businesses and we are opening our 3rd. What type of business are you considering?

Response by SGT Brian Richardson made Dec 12 at 2014 9:22 AM

SGT Brian Richardson — Fri, 12 Dec 2014 09:22:07 -0500

I'm a little late to the party. Did the business ever get started? Partners can be tricky and should be approached carefully and thoroughly.

Here are a couple articles that may be of interest. http://vetlaunched.com/5-reasons-never-business-partner/ and http://vetlaunched.com/5-reasons-always-business-partner/

If there are other ways I can be of help, just let me know.

5 Reasons You Should NEVER Have a Business Partner | VetLaunched.com

5 reasons you should never have a business partner

Response by MSG Wally Carmichael made Feb 14 at 2016 6:04 PM

MSG Wally Carmichael — Sun, 14 Feb 2016 18:04:16 -0500

I have a drift in Phoenix, AZ who owns two daycares. I can put you in contact with him.

Response by MSG Wally Carmichael made Feb 14 at 2016 6:05 PM

MSG Wally Carmichael — Sun, 14 Feb 2016 18:05:25 -0500

I've started a few, but not a daycare.

Response by Doug Macdonald made Feb 14 at 2016 7:10 PM

Doug Macdonald — Sun, 14 Feb 2016 19:10:46 -0500

SFC Private RallyPoint Member, I have been an entrepreneur for the last 30 years. Of all the books I have read about starting your own business, "The Fundamentals Of Veteran Entrepreneurship" was the best.

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Response by HN Israel Soto Alicea made Feb 14 at 2016 8:05 PM

HN Israel Soto Alicea — Sun, 14 Feb 2016 20:05:21 -0500

One of my mentees is opening up her own daycare in orlando florida. We have been discussing the pros and cons of opening up a stand alone daycare versus a home daycare. Make sure that you enroll in the 4 C program and the state meal reimbursement program. The teacher to student ratio will be a lot smaller in a home daycare versus a stand alone daycare. infants are the real money makers when you compare the other group of kids. Being open 24 hours or at least until 11pm will help bring in healthcare professionals into choosing you guys over many competitors. You can always waiver registration fees and make up the cost in meal reimbursements. I have been creating businesses in many different industries the past 12 years. I own three businesses and am actually working on a business theory that will revolutionize the entrepreneur industry. Let me know if you have specific questions regarding the operations in the daycare.