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How To Start A Quality Daycare

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Name and Legal Structure<br />

License Requirements<br />

FINDING A LOCATION<br />

Operating a Center Outside Your Home<br />

Operating a Center from Your Home<br />

TAX LAWS<br />

Sole Proprietorship<br />

Corporation<br />

Partnership<br />

S-Corporation<br />

Tax-exempt Center<br />

INSURANCE<br />

Liability<br />

Accident<br />

FINANCING YOUR BUSINESS<br />

Private Sources<br />

Commercial Banks<br />

Government Agencies<br />

Grant Programs<br />

Other Sources<br />

DEVELOPING A FINANCIAL MANAGEMENT PLAN<br />

<strong>Start</strong>-up Budget<br />

Operating Budget<br />

Monthly Operating Expenses<br />

Balancing Income and Expenses<br />

Fiscal Policies<br />

Audits<br />

DEVELOPING A MARKETING PLAN<br />

Know Your Customers<br />

The Marketing Program<br />

Marketing Your Center<br />

Know the Competition<br />

Sources of Market Information<br />

DEVELOPING A MANAGEMENT PLAN<br />

Finding and Hiring Staff<br />

Determining Staff Size<br />

Setting Working Hours<br />

Deciding on Staff Responsibilities<br />

Establishing Salaries and Fringe Benefits

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