Is daycare business profitable?
Business daycare seems to be no longer a new venture, but the rarity of business in this field can be a great opportunity for you. The need for this one service is fairly high. Every day there must be babies born. Many parents also experience difficult times when faced with keeping children or working. On the one hand, keeping the children should not be done by people and working hard is sufficient to live. If based on the above problems, many parents who at certain hours difficult to keep their children. That is why we can take advantage of this opportunity by offering child care services. Surely the childcare business should provide a sense of security and comfort to parents who will entrust their children.
What we need to start this business is fairly simple. Just a place and some trustworthy or honest baby sitter. Analysis
Toys and bedding: Rp. 5.000.000; -
Baby sitter 2 persons: Rp. 1,200,000; -
Electricity: Rp. 75.000; -
Phone: Rp. 100.000; -
Earnings or revenue
If 3 children per day @Rp. 50.000; - then per month: Rp. 4.500.000; -
Monthly profit: Rp. 3.125.000; -
Turnover: 1.6 months
Benefits And How To Start A Baby Day Care Business In The City, Business baby day care has a pretty good chance in the midst of the dynamics of modern life, especially in urban areas, where work is a daily routine that can not be abandoned. It has become a culture to entrust children to caregivers, babay sitter, or housekeepers at home. Quite a dilemma for parents if they entrust them to people who can not take care of children so well that it affects the development of the baby. That way, baby day care business opportunity is promising if managed properly. STAGE STARTING BUSINESS
. Looking for professionals in accordance with the position given.
. Allow capital to lease strategic premises, finance employment, and purchase the necessary equipment.
. The capital is relatively large, around Rp 30 million so it needs careful analysis.
. Difficult to find professional caregiver.
. Make promotions through print, electronic, and online media.
. Find a strategic location, for example in a residential area to help parents easily help their children.
. Perform regular internal evaluations to assist business development. The service of good service to clients is the key in this business.
In the service business, the most important thing is the service to the client.
BEP BABY DAY CARE ANALYSIS
a. Initial Investment (IA)
1) Rent place / year 1 unit Rp 12.000.000,00
. Table 3 pcs Rp 1,200,000.00
. Seat 10 pcs Rp 500.000,00
. Children toy stock Rp 500.000,00
. Educational Book Rp 200.000,00
. Baby bed / crib 10 units @ Rp300.000,00 Rp 3.000.000,00
. Reserve cost Rp 10.000.000,00
Total Initial Investment (Ia) Rp 27.400.000,00
b. Operational Cost (Bo)
1) Wages baby sitter / bln 5 0rang @ Rp1.000.000,00 Rp 5.000.000,00
2) Salary child psychologist 1 person Rp 1.500.000,00
3) Baby Needs:
. Milk formula Rp 1.500.000,00
. Diaper Rp 1.000.000,00
. Food and fruit Rp 1.000.000,00
4) Water and electricity Rp 300.000,00
5) Transportation Rp 500.000,00
6) Communication Rp 200.000,00
. Brochure Rp 250.000,00
. Business card Rp 150.000,00
8) Depreciation cost of equipment 3 years Rp 149,972.22
9) Other charges Rp 100.000,00
Total Operational Cost (Bo) Rp 11.649.972,22
c. BEP Analysis (Break Even Points)
1) Average turnover per month (0) 260 babies Rp 14.200.000,00
2) Total operational cost (Bo) Rp 11,649,972.22
3) Profit / month (Lb = 0 - Bo) Rp 2.650.027,78
BEP = Ia / Lb = 10.34 months
. The number of children entrusted per day is 10 children so that month there are 260 children.
. Assumption of cribs in the message with a special size of furniture craftsmen.
. Assumption effective work 26 days / month.
. Working hours at 08.00-20.00.
. Child fee is Rp55.000,00 per 6 hours.
. The useful life of equipment assets is 3 years (36 months), monthly depreciation expense if the residual value of Rp 1,000.00 is (Rp5.400.000,00 - Rp1.000,00) /
36 months = Rp 149,972.22,00 per month.
Infant day care assumptions:
Month 1: 150 Months 2: 200 Months 3: 250 Months 4: 300 Months 5: 310 Months 6: 350 Total: 1,560
Average babysitting per month =
total baby care / 6 months = 1.560 / 6 = 260 babies.
Yes it has lot of potential, as parents are willing to pay more for the comfort and security of their child. But before start of daycare business one should consider the following points:-
A good location is very important in daycare business.
For daycare parents first concern the the healthy environment.
Another most important concern is the trained staff.
Healthy educational activities
Then it comes to safety to child
Good quality of food is an other concern.
With a proper strategy, trained stuff and disciplined schedule, yes.
Daycare is said to be one of the fastest growing among service based industries worldwide.But there are some major and little details you have to be ver cautios about. If you follow a tight business you will be able to last it for generations.
1.Prepare a budget model. maintain a chart with every thing you provide for the kids in your care such as, Foods, toys clothes etc every little cost and other things like maintenance cost, administrative cost, staff salaries, electricity bills etc. The less you waste money here the more you will.be able to invest.
2. Hire some trained staff. or hire and then train the stuffs. Childs are vulnerable to almost anything. make sure that all the staff are very dedicated to their job and about the children's in your care.
3.Maintain some sub services such as pre kindergarten education program, cryon art program, sports, story time etc. This makes the parents more interested and makes you seem trustworthy.
4. Play a part in the business personally. this will allow you to interact more with parents, kids and staffs by producing some trust and respect along the way. Do your homework, visit other daycares and get ann idea about what improvements you can make on othe daycares models..Apply them into your own business.
5. And lastly be very careful about all the legalities regarding your business.. Any kind of loophole can drag you into unnecessary hassel.
Keep al these points I have said in your mind anand also talk to an advisor.
Yes, Day care business is very profitable, because many parents today are busy outside and they are the people who are its economic level, intermediate and above. And they are definitely looking for a good place to save their children. And as belonging of day care should facilitate a comfortable and convenient location. Day care is not just day care, but also a place of learning or education or media for children.
And also don't forget day care as a place to play, make sure the equipment to play them complete and safe to use. You can also choose an educational play equipment such as puzzles, wooden games, match shapes and colors, and so on. And the most urgent is the workers who keep the children must be responsible and deft. I'm sure sure day care like that will be searchable and highly profitable.
Daycare business is profitable when you find the right location and make sure the location is around an environment whereby people will need your servifes
Yes, very profitable Day Care in the city, the baby day care Business has a pretty good chance in the middle of the dynamics of modern life, especially in urban areas, where the work is a daily routine that cannot be abandoned. It has become a culture for entrusting the child to a caregiver, babay sitter or housekeeper in the House. Quite a dilemma for parents if they menitipkanya to someone who cannot deliver properly so the impact on the development of the fruit of the heart. That way, the baby day care business opportunity is promising if managed properly.
For one thing, is this something that you're thinking about doing yourself?
I believe there's a considerable measure of
factors that go into this sort of business so I'll give you my contemplations and furthermore relate
what I know to be valid from individuals I realize that have really maintained a childcare business.
Here are a few things to consider:
Is it true that you are maintaining the business from your home?
Provided that this is true, this will eliminate your
overhead, as you won't burn through cash on
leasing a property and the upside to this is you can discount costs of doing business, and so forth.
You'll need to check with a bookkeeper.
You have to investigate authorizing for the Express that you're anticipating opening your business in.
In case you're not in the US, you'll have to discover what the guidelines and directions are for your nation.
You may likewise be required to take a course (typically a multi day class) on working multi day mind.
You'll have to get protection.
I'm not exactly sure of the sort but rather that will be shrouded in the class or if your State or nation
doesn't expect you to go to a class, you should contact a protection operator to talk about this issue.
Make certain to investigate this point
painstakingly to discover every one of the tenets and confinements regarding what you should or shouldn't do.
Better to know as much as you can before you
wander into this business at that point to discover later when issues happen.
Furthermore, you'll have to choose in case you will deal with everything yourself or in case you will enlist "partners."
In case you're enlisting, at that point you'll need
historical verifications done on any potential representatives and you'll likewise need to choose
in case you're going to "utilize" individuals or contract them as "contract specialists."
You should check with a lawyer and a bookkeeper.
You should discover what childcares are charging
in your general vicinity so you'll have a decent reason for choosing what you will charge.