Opening a daycare business is a lot of work, make no bones about it. The list of things to do will seem overwhelming and unending. While creating a business plan, designing an area for your home based daycare business, and obtaining clients is important in the initial opening of the business, it is equally important to manage your business appropriately once the business has started. Here are some tips how you can lay the groundwork now for the effective management of your day care business once you are up and running.
The design of an area for the children is a given. You have provided them with space for play, rest, dining, toileting and outdoor fun. Did you stop you think about incorporating a specific area where you could work with no distractions? You need a workspace where you can plan and conduct the operations necessary to run the business. This is where you deal with taxes, staff paperwork, regulatory issues, advertising etc. The nuts and bolts of your daycare.
Remember, your day care (whether home based or otherwise) is a business and needs to remain separate from your personal affairs. Try to have a separate telephone line and email address for your daycare. Open a bank account specifically to cater for the business and use it to purchase all business related items i.e. office supplies, art supplies, food, cleaning equipment etc. Your business office space should be just that and not used for anything else. I would go so far as to suggest having a separate space in another room with a PC for personal use. This will ensure effective management of your business.
When managing your daycare business, be sure to keep tabs on your time management. People who do not manage their time effectively find that the overall management of their home based daycare business is greatly affected. You may wish to create schedules about the activities that occur during the day in the daycare, assign family members certain responsibilities to keep track of the chores around the house, dedicate time to handling the operations of the daycare center, and to take stock of supplies and such. While doing this, do not forget to schedule yourself somewhere in the mix as well. This will allow you to keep a fresh, open mind when it comes to approaching your responsibilities each day.
One of the disadvantages of working for yourself especially if you are home based is the tendency of friends and family to assume you are always free for visits. This can be detrimental to your time management system thus your business. Speak to all concerned and explain that between the hours of 8am and 2pm you are working and unavailable. Explain that you are a professional and as such need to dedicate yourself completely to the task at hand during these hours. Then put your answering machine on your personal phone and don’t give them your business number.
Approach planning your day with your business head on. You can effectively manage your daycare and family life in tandem, it just takes a bit of thought and a lot of discipline. Policies and procedures take a little bit of work to put in place but once there they make for the smooth running of any business. Ultimately, your success depends on it. Get planning.
Fiona Lohrenz drew on her 10 years experience of running a day care to found ChildCareOnly.com and produce a ‘How to Start a ChildCare Business’ DVD guide: StartChildCare.com Fiona can be reached at her website: ChildCareOnly.com
- Rene Sandan