Opening a Private Dayhome
OVERVIEW
If you’ve stumbled across the resources that Embolden PDC has to offer, you might be thinking about opening a private dayhome. But what do you need to do and how do you get started?
In this weeks blog post we’re going over some first steps you can take to help make the process of opening a private dayhome a complete breeze. Plus we’re releasing some BRAND NEW CONTENT to help providers start off confidently as they embark on this new journey!
COMPLETE THESE IMPORTANT STEPS BEFORE YOU PLOW FULL STEAM AHEAD
DO SOME PERSONAL REFLECTIONS
- Is a dayhome right for you?
- What qualities and skills do you possess that will make you a successful provider?
- Why do you want to run a dayhome?
CONSIDER POTENTIAL SCENARIOS AND HOW YOU'LL HANDLE THEM
- What if you have a conflict with a parent?
- What if you experience a behaviour you don't know how to tackle?
- What if a parent pays late?
QUICK TIP
COMPLETE A LOCAL DAYHOME ANALYSIS
- Are there other dayhomes operating in your area?
- Are parents looking for child care?
- What are other dayhomes in your area offering?
dEFINE YOUR DAYHOME PROGRAM & YOUR GUIDING PRINCIPLES
- What kind of program are you offering?
- What is your child care philosophy?
- What is your mission statement?
- What do you want your dayhome name to be?
- What do you want your dayhome tagline to be?
- What kind of dayhome brand do you want to have?
QUICK TIP
DETERMINE YOUR INCOME
- What rates can you charge?
- What types of care will you offer?
- How many children will you care for?
DETERMINE YOUR EXPENSES
- What startup costs will you incur?
- What recurring monthly expenses can you expect?
- What can you expect to pay in income taxes and CPP?
QUICK TIP
PUTTING IT ALL TOGETHER
INCOME MINUS EXPENSES - IS YOUR DAYHOME BUSINESS PLAN VIABLE?
When you calculate your potential income and deduct your expected expenses – do you have enough money left over to make a dayhome business successful?
IS THERE CHILD CARE DEMAND IN YOUR AREA?
After conducting your local dayhome analysis did you find that there is a demand for child care in your area? Is there something that other dayhomes are not offering but that is needed?
Resources
If you’re feeling like you aren’t sure how to answer many of these questions or you’re just overwhelmed with the entire process – check out our Dayhome Planning Workbook.
NEW RESOURCE
DAYHOME PLANNING WORKBOOK
This BRAND NEW resource is 52 pages worth of pure planning gold. With exercises to help you reflect, research, brainstorm, prepare, and execute a well thought out dayhome business plan you’re sure to feel confident and prepared as you set out on your dayhome journey.
Our Dayhome Planning Workbook is now available for purchase AND is available free with a VIP Membership.
DAYHOME STARTUP GUIDE
Our comprehensive Dayhome Startup Guide is included for free with all membership levels (even our free one)! This 87 page digital guide covers absolutely everything you need to know about opening a private dayhome in Alberta. Income taxes, business licenses, record checks, insurance, handbooks, finding families, interviewing families, onboarding families, and day to day operations for your first year – we cover it all!
DONE FOR YOU HANDBOOK TEMPLATE
OUR VIP Exclusive Handbook Template is pre-filled with popular policies and procedures used amongst the dayhome community to help you quickly adjust and edit to suit your dayhome program without having to draft your Parent Handbook from scratch. This resource will save you HOURS and HOURS of time, plus it helps to ensure you don’t miss important must have sections that you may only realize you needed after running your dayhome for awhile.
ONBOARDING PACKAGE
Inside the Embolden PDC Portal you’ll find every single form and template you’ll ever need while running your dayhome business. And we’ve even gathered all of your parent forms into one easy to use document that you can send to dayhome families when they join your dayhome. This document is a fillable PDF so parents can fill it out digitally and email it back to you to keep on file. No more printing!
We hope you’re feeling energized and confident as you step out on the path towards operating your own private dayhome. While running a dayhome can be a challenging endeavor it is also wilding rewarding
Cheers to a long and successful career,
Mirriah
