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daycare business plan canada

Emily Adams

March 24, 2023

8 minute read

6 Steps to Start Your Own Childcare Business in Canada

Starting a childcare business in Canada can be a rewarding and fulfilling experience, but it requires careful planning and preparation. As a childcare business owner, you will play a critical role in the early childhood education and development of children in your community.  In this article, we will guide you through the process of starting your own childcare business in Canada, from developing your business plan to obtaining the necessary licenses and certifications.

Table of Contents

Introduction, conduct market research, define your services and target market, determine your business structure and funding, register your business name and obtain a business number, obtain childcare licensing and accreditation, register for gst/hst and payroll taxes, choose a location and ensure it meets licensing requirements, purchase or lease equipment and supplies, design a child-friendly environment, determine staffing needs and job descriptions, develop employee policies and procedures, ensure compliance with employment standards and health and safety regulations, step 5: use childcare management software/app to run your center effetely, 1. streamlined communication, 2. easy attendance tracking, 3. simplified billing and payments, 4. enhanced security, 5. improved record-keeping, step 6: market your business and develop client relationships, create a marketing plan, network with other childcare providers and community organizations.

  • Establish Strong Relationships with Families and Children

Before we through the process of starting your own daycare, preschool, kindergarten, nursery, or childcare business whatever you call it, you need to know that starting a childcare business in Canada can be a rewarding and profitable venture for those who are passionate about early childhood education and want to make a positive difference in the lives of children and families in their communities.

A successful daycare, on the other hand, necessitates careful planning, research, and preparation. We will provide a comprehensive guide to starting your own childcare business in Canada, including the legal and regulatory requirements, the process of developing a business plan, and marketing and growth tips.

This guide will provide you with the information and resources you need to launch and grow a successful daycare in Canada, whether you're a seasoned educator looking to start your own business or an entrepreneur with a passion for childcare.

Step 1: Develop Your Business Plan

Developing a solid business plan is the first step to starting any successful business, including a childcare business. Here are the key steps to developing a childcare business plan:

Researching the local market and understanding the demand for childcare services in your area is crucial to determining the viability of your business. Identify your competitors and their strengths and weaknesses, and assess their pricing and services to help determine your own business strategy.

Determine the services you will offer, such as full-time care, part-time care, drop-in care, or after-school care. Consider your target markets, such as infants, toddlers, preschoolers, or school-aged children.

Decide on the legal structure of your business, such as a sole proprietorship, partnership, or corporation. Consider the funding required to start and maintain your business, including start-up costs, ongoing expenses, and potential sources of funding, such as loans or grants.

Step 2: Register Your Business and Obtain Licenses

Once you have developed your business plan, it is time to register your business and obtain the necessary licenses and certifications to operate legally.

Register your business name with the appropriate provincial or territorial authority and obtain a Business Number from the Canada Revenue Agency.

In Canada, childcare providers are regulated by provincial or territorial governments. To operate a daycare business, you will need to obtain a license or accreditation from your provincial or territorial government. Licensing requirements may include criminal background checks, health and safety inspections, and training in early childhood education.

You will need to register for the Goods and Services Tax/Harmonized Sales Tax (GST/HST) and payroll taxes, and ensure compliance with federal and provincial tax regulations.

Step 3: Set Up Your Physical Space

The physical environment of your childcare business is critical to the safety, health, and development of the children in your care. Here are the key steps to setting up your physical space:

Choose a location that meets your business needs and is safe and accessible for children and families. Ensure that your location meets all licensing requirements, including zoning, building codes, and fire safety regulations.

Purchase or lease age-appropriate equipment and supplies, such as toys, books, art supplies, and furniture, to create a child-friendly environment.

Design a welcoming and stimulating environment that supports the development of children. Consider the use of natural materials, soft lighting, and comfortable seating areas to create a warm and inviting space.

Step 4: Hire Staff and Develop Policies

Hiring and training the right staff is critical to the success of your childcare business. Here are the key steps to hiring staff and developing policies:

Determine the staffing needs of your business and develop job descriptions that reflect your business objectives and values.

Develop policies and procedures that reflect best practices in early childhood education and comply with employment standards and health and safety regulations.

Ensure compliance with federal and provincial employment standards, health and safety regulations, and child care licensing requirements.

Keep in mind that opening a childcare business is a thing, but  running and managing a childcare center in Canada is another. Using childcare management software/apps can be beneficial for running an early childhood education and development center. Here are some reasons why:

With childcare management software or app, you can communicate with parents, staff, and other stakeholders in a streamlined and efficient manner. This can help you save time and ensure everyone is on the same page.

Keeping track of attendance manually can be time-consuming and error-prone. A childcare management software or app can automate this process, making it easier to track attendance and generate reports.

Childcare management software or apps can also simplify billing and payment processes. Parents can make payments online, and the software automatically generates invoices and receipts.

A childcare management software or app can provide enhanced security features to protect sensitive information about children and their families. This can include secure login processes, encryption, and regular backups of data.

Childcare management software or apps can also help you keep better records of children's progress, milestones, and other important information. This can be useful for planning curriculum, tracking development, and communicating with parents.

Read more about the benefits of using Parent childcare management app

Using childcare management software or apps can help you run your early childhood education and development center more efficiently and effectively. While it may not be necessary for every center, it is certainly worth considering as a way to improve operations and enhance the quality of care provided to children.

Parent childcare app  is one of the best early childhood centers' management software in Canada. It's an all-in-one platform that streamlines and improves childcare communication and administration in a single, secure platform.  Start your 14-day trial now  and witness the power of one software solution that can manage your entire facility, or participate in our referral program and win two months complimentary subscription when they sign up!

Marketing your business and developing strong relationships with families and children is essential to building a successful childcare business. Here are the key steps to marketing your business and developing client relationships:

Develop a marketing plan that reflects your business values and objectives, and promotes your services to potential clients.

Networking with other childcare providers and community organizations can help you build relationships and referrals.

Build a Strong Online Presence

In today's digital age, having a strong online presence is essential to reaching potential clients. Create a website and social media accounts to showcase your services and connect with families.

Develop Strong Relationships with Families

Developing strong relationships with families is critical to building a successful childcare business. Foster open communication, show genuine care and concern for children and families, and be responsive to their needs and concerns.

Starting a childcare business in Canada requires careful planning and a commitment to providing quality care and education to young children. Conducting market research, obtaining necessary licenses and certifications, setting up a safe and child-friendly environment, hiring and training staff, and marketing your business are all essential steps to building a successful childcare business.

By following these steps and continuously assessing and improving your services, you can create a business that not only meets the needs of families but also contributes to the healthy development of young children.

Starting a Childcare Business in Canada FAQs

Is owning childcare profitable in canada.

Owning a daycare in Canada can be profitable, but it is dependent on a number of factors, including the location, the size of the daycare, and the demand for childcare services in the area. Before starting a daycare business, conduct market research and develop a solid business plan to ensure that it will be financially viable.

How much do childcare owners make in Canada?

Childcare owners' earnings in Canada vary greatly depending on the size and location of the daycare, the number of children enrolled, and the owner's experience and qualifications. The median hourly wage for early childhood educators in Canada is $20.00, according to the Government of Canada's Job Bank, but daycare owners can earn significantly more depending on the success of their business.

How profitable is owning a daycare?

Owning a daycare center can be lucrative, but it takes careful planning, hard work, and dedication. According to IBISWorld, the Canadian daycare industry generates approximately $9 billion in annual revenue, indicating that there is profit potential. However, success is determined by factors such as location, competition, marketing, and the ability to provide children with high-quality care and education.

How do I get a childcare license in Canada?

The process of obtaining a childcare license in Canada varies by province and territory, but it generally entails meeting certain staffing, facility, programming, and safety requirements. Because the government agency in charge of licensing daycare facilities varies by province or territory, it's critical to research the specific requirements and procedures in the area where you intend to operate your daycare. In most cases, the application process consists of submitting an application, inspecting the facility, and providing documentation such as criminal background checks and proof of training and qualifications.

Do I need a degree in early childhood education to start a childcare business in Canada?

No, a degree in early childhood education is not required to start a childcare business in Canada. However, you may need to complete training in early childhood education and obtain the necessary licenses and certifications to operate legally.

What are the typical start-up costs for a childcare business in Canada?

Start-up costs for a childcare business in Canada can vary depending on the location, size, and services offered. It is recommended to conduct market research and develop a detailed business plan to determine the specific costs associated with starting and maintaining your business.

How do I obtain a license to operate a childcare business in Canada?

Licensing requirements for childcare businesses in Canada vary by province or territory. Contact your provincial or territorial government to learn more about the licensing requirements in your area.

What is the ratio of staff to children in a licensed childcare program in Canada?

The ratio of staff to children in a licensed childcare program in Canada varies depending on the age of the children and the type of program. For example, the ratio for infants is typically one staff member for every three to four infants, while the ratio for preschool-aged children is typically one staff member for every eight to ten children.

How can I ensure the safety and well-being of the children in my care?

Ensuring the safety and well-being of the children in your care requires a commitment to following best practices in early childhood education, complying with licensing and health and safety regulations, and fostering open communication and trust with families. Continuously assessing and improving your services can help ensure that children receive the best possible care and education.

The Canada Business Network offers a guide on how to start a daycare business, which includes information on licensing requirements, developing a business plan, and finding funding. This resource can provide additional information and guidance for entrepreneurs looking to start a successful childcare business: https://www.canada.ca/en/services/business/start/daycare.html

The Childcare Resource and Research Unit is a national organization that provides research, resources, and tools for early childhood educators and childcare providers. They offer a wide range of resources, including reports, webinars, and fact sheets on topics such as program quality, curriculum development, and workforce issues. Their website is a great place to start for anyone looking to stay up-to-date on the latest trends and best practices in early childhood education: https://childcarecanada.org/

The Canadian Child Care Federation is a national organization that advocates for the rights of children and families and provides resources and support for early childhood educators and childcare providers. They offer a range of professional development opportunities, including conferences, webinars, and workshops, as well as publications and resources on topics such as curriculum planning, child development, and play-based learning. Their website is a great resource for anyone looking to connect with other professionals in the field and access high-quality training and resources: https://www.cccf-fcsge.ca/

The Government of Canada's website offers a comprehensive guide to starting a small business in Canada, which includes information on licensing and regulations, business planning, financing, and more. This resource can be helpful for entrepreneurs looking to start any type of small business, including a childcare business: https://www.canada.ca/en/services/business/start.html

  • How to Start a Daycare in Ontario, Canada: https://sbs-spe.feddevontario.canada.ca/en/how-start-daycare-ontario

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How to start a daycare in Ontario

Table of contents.

Introduction Getting started Regulations Taxation Financing Other resources

Introduction

Daycare businesses provide care for infants and children. Your daycare can be a home-based operation, or a commercial centre that serves a particular area or community. The choice of daycare size, location and specific services you provide are up to you.

Some examples of daycare services include:

  • babysitting
  • care for older children (before and after school care)
  • unlicensed or licensed home-based daycare
  • licensed centre-based daycare
  • licensed child care agency
  • nanny services (work in home of employer as a live-in or live-out nanny)
  • early childhood education services

Caring for someone else's children involves a lot of responsibility and a serious commitment. When the children are in your custody you are legally responsible for their safety and well-being.

Getting started

When you start a business there are several things to consider before you can sell your product or service. Most businesses in Ontario need to complete a minimum of three basic steps:

  • Find out what licences and regulations apply to your type of business
  • Choose a business structure and register or incorporate your business
  • Determine if you will need to collect and remit HST

Our Starting a business guide will give you more information on these steps and other basic requirements for starting a business in Ontario.

Read online: Starting a business

Regulations

Your business may need licences and permits from the federal, provincial and municipal levels of government.

In addition to the information you will find in this guide, you can use BizPaL to find licences and regulations that may affect your business.

Use online: Permits and licences search

Some common licences, permits and regulations that may apply to starting your daycare include:

General child care licensing standards

The licensing included in this section applies to:

  • unlicensed child care providers
  • licensed child care centres and home child care agencies
  • home child care providers and in-home service providers that are overseen by a licensed agency

It does not apply to:

  • relatives that provide care for children
  • nannies or babysitters who are not overseen by a licensed agency and hired directly by parents to provide care in the children's home
  • camps and private schools for children four years old and over

Child care centres and home child care agencies must be licensed through the Ministry of Education.

If you plan to provide licensed home child care or in-home services, you must be contracted through a licensed agency.

Unlicensed home child care

Unlicensed home child care providers can care for a maximum of 5 children, regardless of how many adults are present. The maximum includes:

  • the provider's own children under the age of 4
  • no more than 3 children under the age of 2

As an unlicensed home based daycare, you must inform parents/guardians in writing that you are an unlicensed provider.

Licensed home child care

Individual licensed home daycare providers can care for a maximum of 6 children under the age of 13 and must be contracted to a licensed child care agency. The maximum includes:

A home visitor will meet with licensed home-based daycare providers on a regular basis to conduct general inspections and provide support.

Additional licensing may be required if you want to care for children with a physical, visual or auditory disability, or if the child has a developmental, communication, behavioural or a chronic medical problem.

If you are planning to provide daycare or child care services, you can email the Ministry of Education to confirm whether you need to be licensed.

In your email, include the following information about your program:

  • description of the program, equipment and facilities
  • hours of operation
  • number of children served and their ages
  • schedule of activities
  • list of other programs offered
  • if transportation to or from the program is offered

Contact the Ministry of Education: 1-877-510-5333 [email protected]

Read online: Start a child care program Types of child care Home child care and unlicensed child care: how many children are allowed? Operating a licensed child care program   Before and after school programs: what parents and providers need to know

Caregiver requirements for licensed home child care

You need to meet provincial health, safety and caregiver training standards, including:

  • Caregivers must be over the age of 18
  • Caregivers must have valid first-aid certification, including infant and child cardiopulmonary resuscitation (CPR)

People working  or living  in licensed home child care settings must also get vulnerable sector checks every 5 years.

Contact the Ministry of Education: 1-800-387-5514

Read online: Child care rules in Ontario

Day camps or summer camps

Day camps can operate without a child care licence if the program or service:

  • Operates for up to 13 weeks in a calendar year
  • Does not operate on school days
  • Does not operate in a person's home
  • Only cares for children who are 4 years or older – or, if the program is offered on or after September 1, for children who will turn 4 by the end of the calendar year

Day camps in Ontario that want to offer programs for children under 4 years of age need a child care licence, or need to follow the rules for unlicensed child care.

Consult the Ministry of Education's web page and fact sheet for more on day camps in Ontario: 

Read online: Day camps: what parents and providers need to know

If you plan on preparing or serving food as part of the daycare services you provide, the following food safety regulations may apply:

Food safety and labelling

Your local health unit is the main contact for information on food safety and inspections.

Contact your local health authority to arrange an inspection of your business location, equipment and processes and make sure your business is complying with provincial and federal legislation.

The following link provides contact information for local health authorities that inspect food businesses in Ontario.

Read online: Local public health contacts  

You also need to follow safety standards and labelling rules if you produce, service, process or manufacture food.

Canadian Food Inspection Agency (CFIA)

Most businesses that buy, sell, ship, process or manufacture food will have CFIA regulations to follow.

These regulations may require you to:

  • Obtain a licence
  • Keep records
  • Properly label packaged foods

Activities that are regulated include:

  • Importing foods for re-sale
  • Selling food to the public, retail food sales
  • Shipping food products to another province or territory
  • Producing, manufacturing or advertising food products

Check with the CFIA to find out which requirements apply to your business.

Contact CFIA: 1-800-442-2342 Food licences Food safety for industry Toolkit for businesses Labelling, standards of identity and grades

Ontario Ministry of Agriculture, Food and Rural Affairs (OMAFRA)

You may have regulations or inspection standards to follow if you produce, transport or manufacture specific food products in Ontario. Regulated products include dairy, eggs, fish, meat, honey and other plant-based products. Contact the Ministry directly to find out what will apply to your business.

Contact OMAFRA: 1-877-424-1300 Food Inspection Programs

Ontario Ministry of Health

Home-based food businesses are allowed to sell low-risk, home-prepared foods and are exempt from certain regulatory requirements, such as specified handwashing stations in food premises, compliance with commercial dishwashing requirements and food handling training certification.

Low-risk food items are generally considered non-hazardous and do not require time and temperature control. Some examples of low-risk foods include:

  • Most breads and buns (without meat, cream filling, etc.)
  • Most baked goods (with no custard)
  • Chocolate, hard candies and brittles
  • Fudge and toffees
  • Pickles, jams and preserves
  • Granola, trail mix, nuts and seeds
  • Cakes (icing that doesn’t require refrigeration), brownies, muffins and cookies
  • Coffee beans and tea leaves

For more information contact your local public health unit: Ontario Ministry of Health - Food handler training and certification Local public health contacts

Legal questions

You can contact Pro Bono Ontario’s free legal advice hotline to enquire about getting help with your everyday civil legal needs (no family law, immigration or criminal law). The service is generally aimed at those who cannot afford a lawyer.

Note that  service is not guaranteed  and you will be asked questions as part of the qualifying process, such as the amount of personal income earned by your household, your name, postal code and age range.

Contact Pro Bono Ontario’s Free Legal Advice Hotline: 1-855-255-7256

Read online: Pro Bono Ontario - Free Legal Advice Hotline

You can also contact the Law Society of Ontario's Law Society Referral Service if you have legal questions of a business nature. The service may be able to assist you in finding a lawyer or paralegal, based on your needs.

Use online: Law Society Referral Service

Depending on your location and the type of products or services being offered, federal, provincial and/or municipal business taxes may apply.

Read online: Taxation guide

If you sell goods and services in Ontario, you may need a business number to collect and remit the Harmonized Sales Tax (HST). Most businesses that make less than $30,000 in any 12-month period are not required to charge HST; however, you can register voluntarily and claim input tax credits. Speak with the Canada Revenue Agency (CRA) for more information.

Contact CRA: 1-800-959-5525 Canada Revenue Agency

Grants, contributions, subsidies and loan guarantees are available from various government sources. Use Innovation Canada’s online search tool to look for programs and services that may apply to your business.

Search online: Business Benefits Finder

Canada-wide Early Learning and Child Care (CWELCC)

If you are running a licensed daycare in Ontario, you may be eligible to participate in the CWELCC system. Successful applicants will enter into a service agreement that outlines the amount of funding they will receive and guidelines they must follow to receive funding. The funding is provided to help you reduce your fees for parents.

Unlicensed child care providers are not eligible. This includes:

  • unlicensed home child care providers
  • authorized recreation programs
  • school board-operated extended day programs

Contact your local service system manager to apply: Service system managers for child care and early years programs

Read online: Canada-Ontario early years and child care agreement

Other resources

Industry-specific information

  • Health Care and Social Assistance (NAICS 62): Ontario
  • Ontario Coalition for Better Child care
  • Childcare Resource and Research Unit
  • Canadian Child Care Federation
  • Child Care Advocacy Association of Canada (CCAAC)
  • Association of Day Care Operators of Ontario

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Top business essentials

  • Business plan guide
  • Business regulations guide
  • Employment regulations: Hiring
  • Financing a business guide
  • Marketing plan outline
  • Starting a business
  • Taxation guide
  • Business planning and strategy

Education/Childcare/Child Enrichment Business: Example Business Plan

Interested in setting up your own daycare or child enrichment program? We’ve created and example business plan to help you get writing!

Are you a early childhood educator with a passion for working with children? Do you have a strong interest in maintaining cultural heritage amongst youngsters? Writing a business plan will help you to identify your ideal customers and make clear your specialized services.

To help you get started we’ve created an example business plan for a childcare business. Our example focuses on a company that offers a daycare enrichment program, but it will work as a framework no matter what childcare services you are offering. Click the ‘Download Tool’ button to gain access to the word document.

You can also find the same example in the Business Plan Writer , our free online tool that guides you through the process of starting your business. Just select “Education/child care/child enrichment” as your industry when you register.

Good luck and happy writing!

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The Insider’s Guide to Starting a Successful Daycare in Ontario This Year

daycare business plan canada

Welcome to an insightful guide on embarking upon a fulfilling journey as a daycare provider in the province of Ontario. As the demand for high-quality childcare continues to rise , the role of daycare centers in supporting working families and nurturing young minds has never been more crucial. If you’re considering starting a daycare, you’re on the cusp of making a significant impact on your community while creating a rewarding business opportunity for yourself.

In this comprehensive article, we will navigate the intricate landscape of establishing and operating a daycare in Ontario. From understanding the regulatory framework to designing an engaging and safe environment for children, we’ll cover key aspects that will set you on the right path. The road ahead might seem complex, but with the right information and thoughtful planning, you can turn your aspiration of running a daycare into a successful and fulfilling venture.

Key Takeaways

  • Research the market demand and competition before starting your daycare.
  • Choose the type of daycare service that best suits your business goals.
  • Create a unique selling proposition to set your daycare apart from the rest.

1. Understanding the Daycare Industry in Ontario

Before you can start a daycare center, it’s important to understand the industry and the regulations that govern it. In Ontario, a license is required for any child care program that provides care to more than five children younger than 13 years old. Programs that do not need a child care license include nannies or babysitters that provide care to children from one family in the children’s home and relatives that provide care for children.

Under the Child Care and Early Years Act (CCEYA), licensed child care can occur in various environments, including licensed child care centers, which are inspected by ministry staff. The CCEYA came into effect on August 31, 2015, and replaced the Day Nurseries Act, establishing new rules governing child care in Ontario.

It’s important to understand the different types of child care programs and the requirements for each. The Ontario government provides a helpful guide to understanding the different types of child care programs and the requirements for each.

It’s also important to consider the cost of operation, including rent, utilities, insurance, and staffing. The Ontario government provides funding for licensed child care providers to help offset some of the operating costs. The funding is based on the age of the child and the type of program provided.

2. Legal Requirements and Regulations

All daycare establishments in Ontario are required to meet certain legal requirements and regulations. You must follow the guidelines set out by the Child Care and Early Years Act, 2014 and its regulations . The act is designed to ensure the health and safety of children and child care providers in child care settings. Here are some key legal requirements and regulations you need to know:

To operate a daycare in Ontario, you must have a license. The license is issued by the Ministry of Education. There are two types of licenses: home-based child care and licensed child care centers . Home-based child care is provided in a private residence, while licensed child care centers are operated in a commercial space. It’s worth noting that you can run a daycare without license but it has it’s own set or rules and regulations .

Staffing Requirements

The CCEYA sets out specific staffing requirements for daycare providers. The ratio of staff to children varies depending on the age of the children. For example, for children under 12 months old, there must be one staff member for every three children. For children aged 18 months to 2.5 years, there must be one staff member for every five children.

Health and Safety Requirements

To ensure the health and safety of children, daycare providers must follow certain health and safety requirements. These include:

  • Conducting regular fire drills
  • Ensuring that all toys and equipment are safe and in good condition
  • Providing healthy meals and snacks
  • Keeping accurate records of each child’s medical history and emergency contact information

Criminal Record Checks

All daycare providers and staff members must undergo a criminal record check before they can work with children. This includes a vulnerable sector check, which looks for any criminal convictions related to working with children.

Daycare providers are required to have liability insurance . This insurance protects the provider in case of any accidents or injuries that occur on the premises.

3. Business Plan Development

Developing a business plan is an essential step in starting any business. It will help you set goals, define your target market, and identify potential challenges and solutions. Here are some key components to include in your daycare business plan:

Executive Summary

The executive summary is a brief overview of your daycare business plan. It should include your business name, location, services offered, target market, and financial projections. Keep it concise and engaging to grab the attention of potential investors or lenders.

Market Analysis

Conducting market research will help you understand your target market and competition . Identify the age range of children you will serve, the services you will offer, and the unique selling points that differentiate your daycare from others. Use this information to develop a marketing strategy that will attract and retain clients. You can leverage Ontario’s Early Years and Child Care Annual Reports to conduct market research.

Services and Facilities

Describe the services you will offer and the facilities you will provide. Include details such as the number of children you can accommodate, the hours of operation, and the qualifications of your staff. If you plan to offer additional services, such as meals or transportation, include them in this section.

Financial Plan

Develop a financial plan that includes your startup costs, operating expenses, and revenue projections. Consider the cost of rent, utilities, equipment, supplies, insurance, and salaries. Use this information to determine your pricing strategy and estimate your breakeven point.

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Marketing Strategy

Your marketing strategy should outline how you plan to reach your target market and promote your daycare. Consider using social media, flyers, and word-of-mouth referrals to attract clients. You may also want to develop partnerships with local businesses or organizations to increase your visibility.

4. Location Selection and Setup

Starting a daycare requires careful planning and consideration of various factors, including location selection and setup. In this section, we will discuss how to choose the right location and set up your daycare.

Choosing the Right Location

Choosing the right location for your daycare is critical to its success. Here are some factors to consider when selecting a location:

  • Accessibility: Choose a location that is easily accessible by parents and caregivers. Consider proximity to public transportation, parking availability, and the surrounding infrastructure.
  • Safety: Ensure that the location is safe and secure for children. Check for potential hazards such as sharp edges, steep stairs, or toxic substances.
  • Zoning: Check with the Zoning Department in your municipality to make sure that the area is zoned for daycare. You may need to obtain a permit or license to operate a daycare in a residential area.
  • Space: Consider the amount of space required for your daycare. Ensure that the location has enough indoor and outdoor space to accommodate the number of children you plan to care for.
  • Cost: Determine the cost of leasing or renting the location. Consider the overhead costs such as utilities, insurance, and maintenance.

Read more: Planning and Design Guidelines for Licensed Child Care Centres

5. Staffing Your Daycare

When it comes to running a successful daycare, staffing is crucial. You want to hire qualified staff who are passionate about working with children and have the skills and experience necessary to provide a safe and nurturing environment. In this section, we’ll discuss how to hire and train your staff to ensure the best possible care for the children in your daycare.

Hiring Qualified Staff

When hiring staff for your daycare, you need to make sure they have the necessary qualifications and experience. In Ontario, all daycare can obtain Early Childhood Education diploma or degree from an approved institution.

In addition to the ECE requirement, you should also look for candidates who have experience working with children in a daycare or similar setting. When interviewing potential staff members, ask about their experience, their approach to childcare, and their ability to work as part of a team.

It’s also important to conduct background checks on all potential staff members, including criminal record checks and vulnerable sector checks . This will help ensure that you’re hiring trustworthy and reliable individuals who are committed to providing quality care to the children in your daycare.

Staff Training and Development

Once you’ve hired your staff, it’s important to provide ongoing training and development opportunities to help them grow and improve in their roles. This can include regular staff meetings, professional development workshops, and on-the-job training.

One important area of training is health and safety. All staff members should be trained in first aid and CPR, as well as proper hygiene and sanitation practices. They should also be familiar with your daycare’s emergency procedures and protocols.

In addition to health and safety training, you should also provide ongoing training in child development, behavior management, and communication skills. This will help your staff provide the best possible care and support to the children in your daycare.

6. Marketing Your Daycare

Once you have set up your daycare, it’s time to start thinking about marketing it. You want to make sure that parents in your community know about your daycare and choose it over other options. Here are some tips on how to market your daycare effectively.

Creating a Marketing Plan

The first step in marketing your daycare is to create a marketing plan . This plan should outline your goals, target audience, and strategies for reaching them. Your goals might include increasing enrollment, building brand awareness, or improving your online presence.

Your target audience is likely parents with young children in your community. Think about where they spend their time and how they make decisions about childcare. You might want to consider partnering with local businesses or community organizations to reach this audience.

Your marketing strategies might include advertising, direct mail, community events, or social media. You should also consider offering promotions or discounts to new families to encourage them to try your daycare.

Online Presence

In today’s digital age, having a strong online presence is essential for any business. This is especially true for daycares, as parents often turn to the internet to research childcare options.

Make sure that your daycare has a professional-looking website that is easy to navigate. Your website should include information about your programs, staff, and facilities. You might also want to include testimonials from satisfied parents to help build trust.

Social Media

Social media can be a powerful tool for marketing your daycare. Here are some tips for using social media effectively:

  • Post regularly: Try to post updates and photos at least once a day to keep your followers engaged.
  • Use hashtags: Hashtags can help your posts reach a wider audience. Use relevant hashtags like #daycare or #childcare.
  • Interact with parents: Respond to comments and messages promptly, and use social media to answer any questions parents might have.
  • Share testimonials: Share positive feedback from parents to help build trust with potential customers.

By following these tips, you can create a strong marketing plan for your daycare and reach more parents in your community. Remember to always be honest and transparent in your marketing efforts, and to prioritize the safety and well-being of the children in your care.

7 . Financial Management

Starting a daycare in Ontario requires careful financial management to ensure your business is sustainable and profitable. In this section, we will cover two important aspects of financial management: budgeting and pricing, and financial record keeping.

Budgeting and Pricing

Before you open your daycare, you need to create a budget that takes into account all the expenses you will incur. This includes the cost of rent, utilities, equipment, supplies, insurance, and staff salaries. You should also factor in any unexpected expenses, such as repairs or emergencies.

Once you have a budget in place, you can determine your pricing strategy . You need to set a price that is competitive with other daycares in your area, but also allows you to make a profit. Consider offering different pricing options, such as full-time, part-time, or drop-in care, to attract a wider range of customers.

Financial Record Keeping

Good financial record keeping is essential for any business. You need to keep track of all your income and expenses, and maintain accurate records for tax purposes. This will also help you monitor your cash flow and identify any areas where you can cut costs or increase revenue.

Consider using accounting software to make financial record keeping easier and more efficient. There are several options available, such as QuickBooks and FreshBooks , that can help you track your expenses, generate invoices, and prepare financial statements.

8. Frequently Asked Questions

To open a licensed daycare in Ontario, you must meet certain requirements set out by the Ministry of Education. You will need to complete an application form, provide references, and undergo a criminal record check. You will also need to meet certain health and safety requirements, such as ensuring that your daycare space is clean and safe for children. For more information on licensing requirements, visit: Apply for a child care licence .

The cost of opening a licensed daycare in Ontario can vary depending on a number of factors, including the size of your daycare and the location. You will need to pay licensing fees, as well as costs associated with setting up your daycare space, such as purchasing equipment and supplies.

There are a number of grants available for those looking to open a daycare in Ontario. These grants can help cover the costs associated with starting up your daycare, such as licensing fees and equipment costs. Use this directory of 1500+ grants .

Yes, you can start an unlicensed home daycare in Ontario. However, there are certain rules and regulations that you must follow. For example, you can only care for a certain number of children at a time, and you must ensure that your daycare space is safe and clean. For more information on unlicensed home daycares, visit: Childcare Programs that don’t need a Licence

The daycare must have a supervisor who has an Early Childhood Education (ECE) diploma or degree. Other child care staff must have an ECE or other approved qualifications. There are regulations on child-staff ratios that must be met.

9. Resources for Daycare Businesses in Ontario

Government resources.

  • Child Care Rules in Ontario
  • Start a Child Care Program
  • Childcare Programs that don’t need a Licence
  • Child Care Centre Licensing Manual
  • Home Child Care Licensing Manual
  • Child Care and Early Years Act
  • Administrative penalties for child care providers
  • Ontario’s Early Years and Child Care Annual Report 2022
  • Licensed and Unlicensed Child Care Violations
  • Find Licensed Child Care

Industry Resources

  • Association of Day Care Operators of Ontario
  • Association of Early Childhood Educators of Ontario
  • Home Child Care Association of Ontario
  • Coalition for Better Child Care
  • Canadian Association of Young Children
  • Canadian Day Care Advocacy Association
  • Licensed Child Care Network
  • Canadian Child Care Federation
  • Ontario Coalition for Better Child Care
  • Parents Canada
  • Child Care Now

Other Resources

  • How to Write a Business Plan in 10 Steps with Templates
  • 10 Childcare Marketing Strategies to Help Promote Your Business
  • Types of Child Care
  • Day camps: what parents and providers need to know
  • Canada-Ontario Early Years and Child Care Agreement
  • Financial Support for Child Care
  • What are Good Daycare Prices that Keep Me Competitive?
  • Childcare Resource and Research Unit

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About the author

Maurice (Moe) Muise learned the ins-and-outs of government while an employee of the Government of Canada in Ottawa for 10 years. His current focus is helping small businesses in Ontario to identify and maximize government grants to grow their business. Click here to learn more about Moe’s background and how he can help your business.

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Daycare Business Plan

Daycare Business Plan: 10 Important Elements of a Complete Daycare Business Plan

posted on 3:18 pm

Daycare Business Plan

What should you include in the daycare business plan? We will look at the critical elements in the daycare plan and the importance of having one.

Why Is A Business Plan Important?

A daycare business plan is an important tool for any person starting a child care business. It enables you to manage your business in an efficient and effective manner. Additionally, it ensures sound business decision-making by the owner through encouraging strategic thinking.

Your daycare business plan is also an important communication tool for acquiring external funding from investors and banks. It helps communicate your business mission and goals to investors. It provides lenders with in-depth information about your organization gives a credible explanation of how the funds will be utilized. Business plans are usually required when applying for business loan financing from commercial banks. Having a formal plan for your daycare business takes you a step closer to successfully acquiring funding for your business.

Elements of a Complete Daycare Business Plan

Executive summary.

An executive summary provides an overview of the whole daycare business plan. It outlines the contents of the plan. It should be written last after the rest of the other sections are completed. It should not be more than one page. The aim of the summary is to save time for lenders and investors to get an idea of your business. Therefore, you should make it interesting enough for readers to motivate them to go through the rest of the plan.

The executive summary should include the following information:

  • Objectives of the plan and description of the project
  • Business history and nature of the operation
  • Description of products and services
  • Project financing
  • Management and Advisors
  • Risk assessment and contingency plan

Business Overview

The overview of the business involves giving a detailed description of your daycare business. Some of the information to include in the business overview is:

  • Business legal name and trade name
  • Nature of the business to be done
  • Vision and Mission
  • Core values of the business
  • Business goals and objectives

Additionally, include details on your daycare concept and brand that you want to bring to market. The mission statement is a summary of what your business intends to achieve. Business goals and objectives will help you realize your mission. They can be short-term, mid-term and long term business goals that you have set for your business to accomplish.

Industry Overview

Having an in-depth understanding of the child care industry enables the business owner to know where to focus his/her efforts. Your industry overview should include a description of nature and trends in the daycare industry. Moreover, describe the main players within the industry and highlight the applicable government regulations that govern the industry. Show how the government regulations will affect your child care business.

In describing the above elements, incorporate the latest statistics that support demographic, economic, social, and cultural factors. These factors play a major role in making your daycare a success.

Market Analysis

You need to provide proof of demand for your daycare to show the viability of your business. You will want to prove that there is demand for child care services among your target market. Two major components of the market analysis are the description of the target market and competitor analysis.

In competitor analysis, identify potential competitors in the daycare industry and list down their strengths and weaknesses. From the information obtained about your competitors, explain how you will distinguish your daycare from the competition. Additionally, use the information to determine the competitive advantages that your daycare will leverage to stay in business.

When describing your target market, use demographic characteristics e.g. age, gender, and income levels to develop a buyer persona. This information can be obtained from reliable external sources such as Statistics Canada . Customer segments have unique characteristics. Make sure to go for customer segments with a higher preference for your daycare services.

Marketing Plan

A marketing plan is essential in showing your readers how you will attract and retain customers in growing the business. Detail the marketing strategies you intend to use to advertise and promote your business. Various media and non-media channels can be used to market the business. The popular media channels used in daycare advertising are traditional mass media and online/digital media. Non-media channels that can be used to advertise the business include community outreach programs. A combination of both media and non-media channels is more effective in reaching a larger audience.

Within the marketing plan, including a pricing policy and selling methods. Develop a customer relations strategy describing the actions you will undertake to give the ultimate customer experience to your customers. All these components make your marketing plan complete.

Location and Assets

A daycare business plan places emphasis on the location of your childcare business. Where possible, provide details of the exact location of your daycare. Explain why the chosen location will contribute to the success of the business. Ensure you have chosen a strategic location for your daycare since it provides easy accessibility to your premises by customers.

List down the various assets that will be needed to effectively carry out daycare business operations. Explain the plans you have in place to procure the various furniture, fixtures, and other physical assets required for a daycare business.

Operations Plan

There should be a plan in place that details the daily operations of your child care business. Operations plan documents business controls and systems of your daycare. This ensures your operations are streamlined by the start of operations.

The operations plan for your daycare should cover the following 3 main areas:

  • Operations Workflow
  • Business support functions

List suppliers of business assets that you intend to source furniture and fixtures for your daycare. Operations workflow describes the day-to-day activities to be performed. Business support functions such as accounting are necessary for facilitating the daily daycare operations.

Management and Human Resources

Information relating to the person in charge of carrying out childcare activities needs to be included in your daycare business plan. List the qualifications, duties, and responsibilities of the child attendants at your daycare.

Develop a Human Resource policy and procedures that include weekly operational hours, vacation programs, training and development programs, remuneration and benefits for employees, and health & safety guidelines that are to be followed at the daycare.

Financial Plan

Any business plan is not complete without a financial plan. You need to provide financial numbers that will influence lenders’ decisions to grant you funds for your business operations. These financial numbers include financial projections for a period of 3 to 5 years. Financial projections comprise estimated revenues, expenses, and profits on a monthly and yearly basis within your preferred timeframe. Moreover, include information on the daycare’s revenue model, sources, and amount of funds required to cover start-up costs.

There are 3 main financial documents that should be included in the financial plan; profit/loss statement, balance sheet, and cash flow statement. Include tables, graphs, and charts to provide a pictorial representation of your financial projections and financial documents.

This section is where you include supporting documents to your plan. These supporting documents can include the tables, graphs, and charts of your financial projections. Other supporting documents include legal documents and letters of support etc.

5 Tips for Preparing a Daycare Business Plan

Always go for a professional-looking document..

Presentation of your daycare plan is very important. Lenders go through many business plans looking for those that are well designed and easy to read. Having a professional-looking business plan document shows lenders and investors that the company’s management takes business seriously.

Go straight to the point

Your business plan should be precise. A short, well-written plan will be preferred by readers over a long one. Use easily understandable terminology that all readers will be able to comprehend.

Make your daycare business plan realistic 

When highlighting strengths and opportunities that your daycare has, also mention the weaknesses and threats it faces. Never hide the weaknesses and threats associated with the business. A good business plan should demonstrate to readers that you have an understanding of the challenges facing the business. In doing so, you should show how you intend to deal with the business challenges faced. A SWOT analysis section can be used to identify the factors affecting your daycare.

Ensure your daycare plan is funding ready

Your daycare business plan should enable investors and banks to have an understanding of the business. It should also show how you intend to utilize funds given in covering your start-up expenses and operational costs.

Seek professional help

Having professional business plan writers help you write up your daycare business plan adds value to your business. It increases your chances of securing funding from lenders. Most importantly, they ensure that all aspects of your business are covered in your business plan. This enables you to focus on other areas of the business.

At Vaisus , we are a team of professional business plan writers who prepare funding-ready daycare business plans. We have helped a number of businesses come up with custom, detailed business plans. Call us today to speak to one of our consultants.

Photo by Gautam Arora on Unsplash

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How to Start a Daycare Business

Starting your own daycare business can be both emotionally and financially satisfying. It may be your passion for children driving you or an entrepreneurial mindset identifying a rewarding career and stable source of profit. Regardless, opening a daycare in Canada is smart.

There is a perpetual need for daycare in Canada, and if other correlated indicators remain consistent, that is not expected to change. According to Statistics Canada , in early 2022, over half (52%) of Canadian children younger than six years old were in licensed or unlicensed childcare, making it a potentially lucrative business.

And the future looks bright! The federal government is investing in helping Canadian families afford the cost of living and ensure every child has the best start in life. Its strategy includes a five-year plan to provide parents with $10-a-day (average) regulated childcare for children under age six. That includes a 50% reduction in average fees by the end of 2022.

Children at a daycare business

The Canada-wide Early Learning and Child Care Plan aims to build a community-based early learning and childcare system to improve access to high-quality, affordable, flexible and inclusive early learning and childcare. It has a community effect, as reasonably priced childcare is estimated to raise real GDP by as much as 1.2% over the next two decades.

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What Are the Benefits of Starting a Daycare?

Starting your own daycare business allows you to combine the enriching feeling of spending time and having a hand in developing the new generation with the entrepreneurial satisfaction of starting and running your own successful daycare business.

Here are just a few of the benefits of starting a daycare:

  • It’s rewarding . You are essential in fostering a child’s development socially and emotionally and nurturing their mental development. You can profoundly impact their minds and behaviour while helping families in your community.
  • Enjoy financial freedom without working a traditional day job . You can be the boss with autonomy over your financial security and future. A great way to bring in extra money!
  • Tax benefits . Being a business owner means certain expenses such as supplies and equipment, mobile phone, energy and water bills, and even some of your housing payments if you run your daycare in your home.
  • Childcare for your children . Run a business and earn money while saving costs and caring for your children at the same time.

How Much Does It Cost to Start a Daycare Business?

As with any startup, the opening costs for your daycare business vary.

For a home daycare business, you can work with a budget as low as $3,000 to purchase necessary additional furniture such as change tables and cots, toys, and other supplies. These costs can increase if you add renovations, retrofitting, or buying or leasing an out-of-home location.

To get your daycare business up and running, you’ll need to be prepared for what you’ll need to buy or lease and other expenses. These include:

  • Rent and utilities (power, water, heat, phone, and Wi-Fi) for your daycare, specifically if you operate out of the home
  • Wages and other compensation for any employees
  • Licences and additional related fees
  • Food and beverages for snacks and meals (plus all the necessary cups, plates, utensils, etc.)
  • Toys, play equipment, and craft supplies for activities
  • Childcare supplies (diapers, wipes, etc.)
  • Cleaning supplies
  • Furniture for rest, eating, and play
  • Miscellaneous supplies like toilet paper, linens,
  • Office supplies, including a business computer
  • Vehicle for transportation (if applicable)

Can You Run a Daycare Business From Home?

Running a daycare business from your home is an affordable and efficient option. If you have the space and desire, investigate what is required in the town or city you live in and the province to ensure you adhere to the policies and regulations necessary. Keep digging, as you may be eligible for tax cuts, funding grants, and other benefits specific to in-home daycares, from the municipal to the federal level.

For example, in Canada, if you use your home for your daycare business, you may be able to claim part of the home expenses. These expenses include public services (electricity, water), heat, insurance, maintenance, mortgage interest, property taxes, and rent.

7 Steps to Starting a Daycare Business

Starting a new business means making smart business decisions from the get-go. Follow these seven steps to get your daycare business up and running:

1. Early Childhood Education Degree

An early childhood degree is an excellent approach to distinguishing yourself from your competitors. While a master’s degree in education may not be required to run a daycare, you will need some combination of licensing and certification. Find out all the training, experience, and credentials you need to operate a daycare facility legally. For example, in Ontario, any childcare program that provides care to more than five children under 13 years requires a licence.

The level of certification required varies across the country, and the level of study or experience depends on the role at the daycare. For instance, a Child Care Assistant must have 40 hours of approved early childhood training in Manitoba within their first year of employment. On the other hand, an Early Childhood Educator must have completed a two-year Early Childhood Education diploma program up to a Bachelor of Arts (focusing on child development and care).

Other requirements will likely arise when you investigate. You and any staff may require CPR certification or, at minimum basic first aid for children; you may need to be cleared via background checks and fingerprinting.

2. Get Your Daycare Licensed

Across Canada, there are rules for childcare and early years programs designed to ensure the safety and well-being of children.

For example, in Ontario, you would be subject to the Child Care and Early Years Act, 2014 , which establishes the province’s rules for childcare and early years programs and services. You will be required to comply with the standards, rules and regulations, including maintaining staff-to-child ratios, ensuring compliance with health and safety standards, building codes, nutrition, health and medical supervision, programming, staff qualifications and screening, emergency preparedness, and administration.

In Ontario, you must apply for a childcare licence by registering for the Child Care Licensing System (CCLS) . All licensing activity, such as submitting a request for a revision to your licence, must be done through this portal. Gather and submit any required supporting documents through CCLS, such as policies and procedures, relevant approvals, and floor plans

Plan, be thorough, and have all the necessary documentation for your province and municipality before you open your doors.

3. Secure Financing

As a new business with no credit history, it can be challenging to secure financing. Demonstrate your initiative to prospective lenders and be a proactive entrepreneur and seek out various financing alternatives that will have you running your own daycare business in no time:

  • Your savings
  • “Patient capital” (aka love money) is raised via family and friends, and its name denotes its repayment terms, which are often lenient
  • An angel investor
  • Local economic development incubators
  • Government grants and subsidies
  • Bank loans (the most commonly used source of funding for small and medium-sized businesses.)

Small businesses or startups operating in Canada are eligible for the Canada Small Business Financing Program . This loan program collaborates with financial institutions and makes it easier for small businesses to get term loans and lines of credit by sharing the risk with lenders. Financial institutions are responsible for delivering the program and for approving the loan. Apply with the financial institution of your choice, which will review your proposal and decide on your loan application.

4. Draft a Business Plan with Budget and Financial Goals

You may not realize how crucial a plan plays in getting your daycare off the ground, but the strength of your business plan is correlated with your ability to secure financial assistance for your daycare. So, ensure you have one that demonstrates your understanding of every facet of your business and its ability to generate profit .

A business plan also serves as a roadmap for your business’s future growth and development. After describing your business in the executive summary, your daycare business plan will help outline the business opportunity supported by market research, your team and operations, the marketing and client-acquisition strategy, as well as the mission statement of your daycare.

An essential element to cover in your plan is financial forecasting, outlining your budget and financial goals for the next three to five years so investors can understand your strategy. Through this practice, you will consider the startup costs and the fees you intend to charge and project when you expect to break even. To be safe, add an extra 20% to 30% to your budget.

Developing your daycare business plans will force you to answer the questions that will drive your business daily – how do you intend to generate a profit, and how do you plan to operate during periods of low profit? And who is your competition, and what is your target market? Referring to your business plan will work to keep you focused and on track.

5. Explore Tax Credits and Government Grants

Offset the costs of starting and running your own daycare business by researching the available tax credits, reductions , and government grants for which you may be eligible.

Various government grants assist with costs associated with opening a licensed daycare. For example, in B.C., there is a provincial funding program designed to increase the number of licensed childcare spaces available to families in the province.

A federal program called Enabling Accessibility Fund provides funding aimed at improving accessibility and safety in regulated and licensed Early Learning and Child Care (ELCC) centres. It will help support children with disabilities, parents and guardians with disabilities or employees with disabilities.

Often, running an in-home daycare allows you to write off a portion of your housing cost because you’re using your residence for business purposes. Furthermore, there are government grants for early childhood education providers at all levels. Look into whether the municipal, regional, provincial, or federal government compensate for costs, such as grants to obtain additional child development-related education for you, funding for meals, etc.

Links to tax credits and government grant resources are provided at the end of this article to help point you in the right direction.

6. Establish Client Contracts and Policies

Protect your daycare business with a contract and clear policies that the parents review and sign.

Your contract will state that you will provide childcare and will be compensated for delivering that care according to your specified payment terms. It should give you the right to terminate your services. It’s advised to have a contract lawyer review your document.

The set of policies will detail for parents the information relevant to the running of your daycare, such as drop-off and pick-up times, extra-curricular activities, protocols relating to illness and weather and vacation, and whatever else you want the parents to know. Review to ensure you comply with the local childcare licensing requirements.

To capture everything you want to cover in these documents, consider the following questions:

  • What is the pick-up time, and what are the consequences of being late?
  • What are the pick-up procedures?
  • What are the emergency plans, privacy policies, and safety procedures?
  • What will you provide, and what are parents responsible for providing? (formula, diapers, etc.)
  • What is your policy for sick children?
  • When will you take time off, how much will you take, and how will you communicate that to the parents?
  • How will you be paid, and what are the consequences of late payment?

7. Marketing Your Daycare

Preparing to market your daycare starts with some research. Begin by identifying your customers and developing an effective and efficient plan to reach them.

Define and highlight the positioning of your daycare and what distinguishes it from the competition to prospective parents. Think about your hours and services. Identify the strengths and weaknesses of your competition and apply this knowledge to and use it to pinpoint opportunities and threats.

That plan can include good old-fashioned word of mouth among the local parents and distributing brochures throughout the community at nearby schools, libraries, and local businesses like coffee shops. List your services in local childcare directories and popular early education or parenting support sites.

Establish your online presence with a website providing more information on your daycare and how to contact you. When developing your business’s website , embed and utilize SEO (search engine optimization) tricks to attract traffic. Online provides a wealth of options to draw in local families. Social media can be the workhorse you need to communicate your services, specialties, and openings. Create a Facebook page, open Instagram and Twitter accounts that echo the same messaging and positioning as your website. Further to organic (unpaid) online marketing, you can use Google and Facebook paid ads targeted to your trade area with both content and contextual placements to attract new clients.

Keep in mind that pricing is vital for marketing in addition to promotion. Your fees can send a message to prospective clients, so clearly outline them, as well as surcharges, penalties, and any incentives.

What Insurance Does a Daycare Business Need?

If you have a daycare business – whether you run it in-home or on a separate premises – you run the increased risk of a lawsuit when caring for other people’s children. Protect yourself, your daycare, and the children with a daycare insurance policy.

It combines different coverages designed to provide comprehensive protection for your business and typically includes commercial general liability (CGL), professional liability, cyber liability, and abuse liability insurance (related to sexual, physical, or mental abuse, harassment and misconduct).

Startup Resources for Daycare Businesses

For more information and tools on how to start and run your own successful daycare business, check out this list of Canadian resources:

  • Visit the Innovation, Science and Economic Development Canada’s Business Benefits Finder to find the industry-specific funding, loans, tax credits, and advice available across Canada.
  • Do a permit and licence search through BizPal . Filter federal, provincial, territorial, and municipal business permits and licences in Canada. Based on your location, industry, and business activities. Save the ones that apply to your situation.
  • For a guide to all Early Childhood Education credentials required across Canada, visit the Childcare Resource and Research Unit website , or contact your local ELCC Association for current certification requirements in your community. Additional training, certifications, specializations and registration may be required and recognized.
  • The Ontario Ministry of Education has produced a guidebook helpful to prospective childcare business operators: Planning and Design Guidelines for Licensed Child Care Centres (2022 ).

Help Your Startup Daycare Business to Thrive: Get Insurance

A detailed blueprint or plan will make it easier to get your daycare business up and running. Be thorough in your research and preparation, and protect your assets and reputation with a daycare insurance policy as you grow your business over time.

Zensurance makes it quick and easy to get the coverage you need. Fill out our online application to get a free quote. Our licensed brokers will shop our network of over 50 insurance providers to find the coverage you need to realize your dreams and give you the confidence to thrive and grow.

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How to Make a Child Care Business Plan: A Simple Guide

daycare business plan canada

Anyone with a passion for child care has the potential to start a successful daycare center . Not only will you help enrich children’s lives by providing a safe and welcoming learning environment, but you can even turn that passion into a profitable business.

Now, the idea of running your own business focused on caring for children might seem appealing, and in many ways it is, but it’s also important to understand how to do it right. From creating your business, developing a business plan, to ongoing care—there’s a lot to consider. 

The business plan you create is designed to turn unorganized and vague ideas into tangible processes and strategies that serve as the guideline needed to establish and expand your child care business.

Simply put, if you want to operate a successful daycare business, you need to start with a daycare business plan. 

So, what should you include in yours? And what does it take to create a child care center business plan? Let’s find out.

What Does a Successful Daycare Business Require?

You’re about to make dozens of decisions as you create your business plan. It’s important to understand what makes a daycare business successful to help guide these decisions. 

The three primary elements that create a successful daycare are:

  • Full enrollment
  • All fees are collected on time and in full
  • Revenue exceeds overall costs-per-child

Daycares that manage to achieve all three elements are essentially guaranteed to operate successfully. Keep these three focuses in mind as we proceed to discuss the specific decisions that you’ll need to make.

Must-Have Elements for Your Child Care Business Plan

Successful businesses throughout all industries have taken plenty of time to create plans and strategies that help them continually reach the next level of growth. Now, it’s your turn to make the ideal business plan for daycare in your area.

Your business plan must include the following sections:

  • Mission statement: Craft a compelling mission statement that encapsulates the childcare philosophy embodied by your policies and procedures. This mission statement doesn't necessarily need to be public, but it can be a great addition to sales brochures and websites.
  • Licensing information and other regulations: You will likely require some form of licensing depending on where you live. There may be additional regulations, legal requirements or restrictions that you should also be aware of. Thoroughly research licensing requirements and all applicable regulations and include them in your business plan so that it’s readily available. Describe any steps that you’ll have to take to obtain licensing and meet other requirements.
  • Comprehensive business description: Get specific. We know you’re starting a daycare, but have you thought about which type of daycare layout you’ll be using, which child care program type you'll be offering, or which child care software will work to manage your daily activities? Describe the specific area and demographic that you’ll be targeting, including hours of operation and other vital details. 
  • Specific policies and procedures: Many businesses can delay crafting specific documents until later, but childcare needs to start by thinking about how they will be caring for children. Craft policies that dictate how children are educated, enriched, disciplined. Additionally, create billing policies that can be made abundantly clear to new parents, and definitely consider purchasing liability insurance
  • Market analysis and advertising strategy: Does the area you have in mind actually need a new daycare center? Parents typically want a daycare center that’s close to their homes, so consider how many residences are nearby as compared to other existing daycare centers. Next, craft a detailed childcare marketing plan that discusses specific campaigns and mediums, including brochure design, website development, pay-per-click advertising, and social media advertising. See our blog post on tips to market your childcare business

Does all of this sound too intimidating? Don’t worry, you can handle it. Take it one step at a time, there’s no due date. We also offer childcare training courses and coaching sessions for anyone looking for added guidance with business plan creation.

Plan Ahead to Ensure Ongoing Success

A business plan allows you to think about starting a daycare in a practical and tangible way that goes beyond the excitement of running your own business centered on your passion for childcare. 

Consider creating a business plan an essential step before you proceed, since the document itself will help guide future decisions.

Are you interested in learning how to create a business plan for a childcare business? We offer childcare training through private coaching sessions and on-demand training courses for anyone looking to craft an ideal business plan.

Book a discovery call today to see how we can help you turn your passion for childcare into a profitable and sustainable business.

Jennifer Bulmer - Childcare coach

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I am the Coach and CEO of Childcare by Design Coaching Inc. I've worked in the field of Out of School Care since 1993 and have worked to design systems that give you the confidence, skill, and mindset to thrive no matter what challenges each day brings.

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Calgary, Alberta

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  • Nov 25, 2023

Breaking Down the Steps to Starting a Successful Daycare Business in Canada

daycare business plan canada

Starting a daycare business in Canada is an exciting venture for those passionate about child care and education. This blog will guide you through the essential steps to establish your daycare business in Canada and explain how it can qualify under the C11 work permit. If you're considering this path and need legal advice or assistance, scheduling a consultation with Lawtiq.com at the end of your planning process is highly recommended.

Step 1: Research and Planning

Understand the market.

Conduct Market Research: Understand the demand for daycare services in your area.

Identify Your Niche: Consider specializing in certain age groups or offering unique programs.

Develop a Business Plan

Outline Your Vision: Detail your business goals, target market, and operational plans.

Financial Planning: Budget for startup costs, ongoing expenses, and potential revenue.

Step 2: Legal Requirements and Licensing

Understand provincial regulations.

Research Provincial Laws: Daycare regulations vary by province in Canada. Ensure you understand the specific requirements for your region.

Licensing: Apply for the necessary licenses to operate a daycare. This process may include background checks, facility inspections, and more.

Choose a Business Structure

Select a Structure: Decide whether to operate as a sole proprietorship, partnership, or corporation.

Register Your Business: Register your business name and structure with the appropriate government bodies.

Step 3: Setting Up Your Daycare

Find a suitable location.

Location Requirements: Ensure the location complies with safety and space requirements.

Lease or Purchase: Decide whether to lease or purchase a facility.

Create a Safe and Stimulating Environment

Design Your Space: Create a layout that is safe and engaging for children.

Purchase Equipment: Invest in quality toys, educational materials, and safety equipment.

Step 4: Staffing and Operations

Hiring qualified staff.

Recruit Educators: Hire qualified and experienced childcare providers.

Background Checks: Conduct thorough background checks on all staff members.

Develop Policies and Procedures

Create Operational Policies: Develop policies for enrollment, health and safety, and emergency procedures.

Parental Involvement: Establish communication channels with parents.

Step 5: Marketing and Enrollment

Promote your daycare.

Marketing Strategy: Utilize online platforms, local advertising, and community events to promote your daycare.

Open House Events: Host open house events to attract potential clients.

Enrollment Process

Set Up Enrollment: Create an enrollment process that is straightforward for parents.

Maintain Records: Keep detailed records of enrolled children and their specific needs.

Qualifying for a C11 Work Permit

Understanding the c11 work permit.

Eligibility Criteria: The C11 work permit is designed for entrepreneurs who wish to start a business in Canada.

Application Process: Understand the application process and the documentation required.

How Your Daycare Business Qualifies

Significant Benefit: Demonstrate how your daycare will bring significant social or cultural benefit to Canada.

Business Viability: Show that your business is viable and capable of creating jobs.

Conclusion and Next Steps

Starting a daycare in Canada is a rewarding endeavor that requires careful planning and adherence to legal requirements. If your daycare business aligns with the criteria for a C11 work permit, it could be an excellent pathway to contribute significantly to the Canadian community.

Schedule a Consultation with Lawtiq.com

For personalized legal advice and assistance with your daycare business and C11 work permit application, consider scheduling a consultation with Lawtiq.com. Their expertise can provide you with the guidance needed to navigate the legal complexities of starting a daycare business in Canada.

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Daycare Business Plan Template (How-To Guide and Examples)

Launching a successful daycare center requires thorough planning and preparation. This comprehensive guide provides a daycare business plan template alongside real examples, financial forecasts, marketing tips, and expert advice to get your startup on the path to prosperity.

Why a Detailed Business Plan Matters

Creating a comprehensive business plan is important because it forces you to:

  • Validate demand for a new daycare in your area
  • Calculate startup and operating costs accurately
  • Research nearby competitors and define your differentiation
  • Create financial statements projecting profitability
  • Outline your curriculum, safety protocols, and care philosophy
  • Define your target customer demographics and enrollment process
  • Identify potential issues early so you can address them
  • Align on direction with your partners or investors

Proper planning prevents major issues down the road. Our template simplifies the process.

Daycare Business Plan Template

Use this daycare business plan outline as a guide when writing your plan:

Executive Summary

  • Explain your daycare’s purpose, curriculum, and competitive advantage

Company Overview

  • Founders’ bios, credentials, and experience
  • Daycare’s legal structure
  • Ages accepted and student-to-teacher ratios per group
  • Sample daily schedules and curriculum by age
  • Extracurriculars, field trips, and special programs

Market Analysis

  • Local area demographics, family households with kids
  • Competitor daycares—pricing, offerings, examples

Marketing Plan

  • Branding, logo, slogan, website, advertising channels
  • Partnerships, networking, community event outreach
  • Licensing requirements in your state
  • Staffing needs and hiring plan
  • Location options and facility layout
  • Startup equipment, supplies, safety compliance

Financial Plan

  • Startup costs (licensing, renovations, supplies)
  • 3 year profit/loss forecast
  • Break-even analysis
  • Funding sources and allocation

Now let’s explore real examples for each section using successful daycares’ plans as illustrations.

Executive Summary Example

Happy Feet Daycare provides full-time care and education for children 6 months to 6 years in Powell, Ohio. Operating out of a newly renovated 6,000 square foot facility, Happy Feet offers immersive programs facilitating social, cognitive, and motor development through play-based learning. Our lower teacher-to-student ratios ensure safety and attentiveness.

Company Overview Example

Sunshine Daycare LLC is a new daycare founded by Amanda Bell, an educator with seven years experience teaching elementary grades. Amanda holds a BS in Childhood Education and an MS in Early Childhood Development. The daycare is structured as an LLC with Amanda as the sole member. She oversees all curriculum design, teacher hiring and training, and daily operations.

Services Offered Example

The Little Sprouts Daycare Center provides full-day programs for children ages 3 months to 5 years including:

  • Infant Care (3-18 months): Sensory activities, tummy time, manipulatives. 5:1 student-teacher ratio.
  • Toddler Care (18-36 months): Arts & crafts, music, dramatic play. 4:1 student-teacher ratio.
  • Preschool (3-5 years): Hands-on STEM projects, nature walks, imaginary play. 8:1 student-teacher ratio.

All groups enjoy music, Spanish exposure, outdoor play. Field trips, holiday events, and summer programs provide enrichment.

Target Market Example

ABC Daycare targets children of parents aged 28-45 in the River North neighborhood. Specifically we will cater to:

  • Young professionals who recently moved into the area and had children. River North has added 500+ new family housing units in the past 2 years.
  • Dual income middle-upper class couples needing high-quality infant and toddler care while working demanding jobs.
  • Technology company employees wanting an educational curriculum incorporating STEM and smart devices. Several large tech firms have offices within one mile.

We intimately understand the needs of local families based on the area’s demographics and household profiles.

Marketing Plan Example

To promote ABC Daycare, we will leverage several tactics:

  • distributing printed brochures to local OBGYN clinics, pediatricians, and preschools
  • hosting community open house events prior to launch
  • purchasing targeted Facebook ads focused on area parents
  • participating in family festivals, farmers markets, and local events
  • designing an engaging website outlining curriculum and programs
  • partnering with select companies to offer subsidized care for employees
  • pursuing earned media coverage like press releases announcing our opening

This omni-channel strategy will build local family awareness of our offerings, experience, and value differentiation.

Financial Projections Example

  • Enrollment - 55 students
  • Avg Monthly Tuition per Student - $650
  • Annual Revenue - $429,000
  • Rent - $24,000
  • Payroll - $125,000
  • Supplies - $8,500
  • Marketing - $3,000
  • Insurance - $12,000
  • Other expenses - $14,500
  • Net Profit - $242,000
  • Enrollment - 70 students
  • Net Profit - $312,500
  • Enrollment - 90 students
  • Net Profit - $402,000

These forecasts are based on capturing 4% of our target demographic's families based on current area birth rates.

Use this template to create income statements projecting the financial performance of your own daycare based on local market data.

Bring Your Daycare Vision to Life

Opening a thriving daycare takes research, planning, and dedication. Our template guides you through key steps.

Take time to thoroughly plan your programs, research competitors, create marketing plans, set enrollment goals, and model cash flows.

Your business plan gives investors confidence and keeps your daycare on track for the long-haul. Now build your dream of enriching your community’s youth with this strategic blueprint for lasting success!

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Daycare Business Plan Template

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What You Get

  • A compelling & detailed pre-written Daycare business plan template in WORD
  • A full & automatic Daycare financial plan model in EXCEL you can easily customize
  • Customized text tailored to the daycare business
  • The ability to paste advanced charts and tables within a click
  • No accounting or specialized financial knowledge needed
  • A truly low-cost solution saving you time and money

Daycare Business Plan Template Description

daycare business plan sample

In case you wish to start a daycare or kid’s nursery venture, you must create a business plan with financial projections to be able to properly plan a successful launch, and eventually impress interested investors.

To fulfill this objective, our ready-made daycare business plan package is your most cost-effective solution. It includes a pre-written business plan in Word and an automatic financial plan spreadsheet in Excel tailored to the children daycare business. The good news is that you can easily customize these documents based on your own project.

Save tons of time and money and download our investor-grade daycare business plan template, no advanced financial or accounting expertise is required.  

daycare business plan canada

Daycare Business Plan Document in Word

Our ready-made Daycare business plan template is in Word format and includes 23 pages. The document is divided into multiple sections. Each section contains the essential points that are necessary to effectively present your Daycare project. Each section and sub-section offer you a sample text that you can easily customize to make your business plan unique. Below is a small excerpt from your pre-written daycare business plan in Word.

daycare business plan template in Word

  Automatic Daycare Financial Model in Excel

Our pre-populated financial model is in Excel format and includes multiples worksheets. You can easily edit the model’s inputs including changing costs and revenue assumptions to generate pro-forma financial forecasts including P&L, Cash flows and Balance Sheets. Below is a small extract from your pre-made daycare financial plan in Excel.

Daycare financial plan in Excel spreadsheet

The Benefits of Creating a Business Plan for your Daycare Project

Clarifying goals and objectives: Planning your business forces you to think through your goals and objectives for your daycare project. By doing so, you can better understand what you want to achieve and develop a clear plan for how to get there.

Identifying potential challenges: A business plan can help you identify potential challenges and risks that you may face when starting and operating a daycare business. By identifying these challenges early on, you can develop strategies to mitigate them and ensure the long-term success of your business.

Understanding your market and competition: A daycare business plan requires you to research and analyze your market and competition. This information allows you to better understand your target customers and develop a competitive advantage in your local market.

Creating a roadmap for growth: Consider your business plan as a roadmap for the growth and development of your daycare business. By outlining specific strategies for growth and expansion, you can ensure that your business is well-positioned to capitalize on new opportunities and navigate any challenges that may arise.

Securing funding: Finally, a well-written daycare business plan can be a critical tool for securing funding from investors or lenders. It demonstrates that you have a clear vision for your business and a plan for how to achieve your goals, which can increase your chances of getting funding.

This Ready-Made Daycare Business Plan is For

  • Entrepreneurs wishing to start a Daycare business
  • Aspiring daycare owners who want to create a business plan fast and easy
  • Children caregivers who wish to pitch their nursery project to investors
  • Childcare professionals who wish to better understand the potential of the opportunity

Immediate Delivery by Email

  • Once you complete the order, you will receive an email with links to download your documents
  • Your order will contain the full pre-written business plan in Word
  • Your order will contain the full customizable financial model in Excel

Your Daycare Business Plan Content

Executive summary.

Our Daycare business plan template starts with a compelling Executive Summary. This key section is very important as it summarizes in 1 page your Daycare concept. It will introduce your business model, the key people behind the project as well as the unique selling proposition offered by your daycare concept. This section will also mention how market conditions and consumer trends are favorable for launching your project.

The Problem Opportunity

Next, your ready-made daycare business plan will list a number of problems experienced by your prospects in your target market and will show how this presents a unique opportunity for your daycare. These can include issues such as the lack of good daycares in a certain location, undifferentiated offering by current actors in the market…etc.

The Solution

This section explains how your daycare will take advantage of the current problems in the market and will detail your innovative solutions.

Mission & Vision

Your mission will explain in a couple of sentences your Daycare’s reason for existence. In other words, it will summarize your unique value proposition and will explain how you are different than the competition. Your vision will explain the long-term plans for your Daycare project. Are you planning to start with one branch today and expand to a multi-branch business model? Are you looking to transform your Daycare business into a franchise model?…etc.

Business Model

This section details your Daycare project using the business model canvas method. In a visually appealing table, we will detail your Daycare’s key partners, activities, resources, value proposition, customer segments, customer relationship plan, marketing channels, cost structure and revenue streams.

Products & Services

Next, we will talk in detail about your offering including your childcare services for toddlers, infants and preschoolers as well as your seasonal activities (summer camps, winter camps…etc.). We will also include your tuition fees.

Market Analysis

This important section describes the various market statistics and consumer trends in the childcare and explains how they support your own Daycare concept. The purpose of this section is to show that the market conditions are favorable for launching your new Daycare.

Global Market Trends

In this sub-section of the market analysis, we will discuss the latest general market trends in the childcare industry. We will look at the global industry size, growth rate, growth diving factors and consumer trends.

Local Market Trends

This sub-section explains the local market trends that are relevant to your specific Daycare business.

Target Customers

In this section, we will describe your various customer profiles by providing information about their demographics, behavior and purchasing habits.

Competitive Analysis

We will analyze key competitors active in your target market and provide insights about their strengths and weaknesses.

Competitive Advantages

After looking at the competitive landscape, we will then show how your Daycare business is differentiating itself from the competition through a number of key advantages.

SWOT Analysis

This section features a 4-quadrant table with explanations about how your Daycare intends to leverage its key strengths, mitigate weaknesses, capture opportunities and thwart any future threats.

Marketing Plan

This chapter provides detailed information about your go-to-market strategy. It includes a detailed action plan to help you build brand awareness and generate sales.

Branding & Awareness

We will describe in this sub-section your choice of key marketing channels to build branding and awareness.

Customer Acquisition

We will describe in this sub-section your choice of key marketing channels to acquire customers and increase sales.

Operating Plan

This chapter provides information about your Daycare’s opening hours, internal processes and describes the interactions between various key departments and teams.

Management Team

It is very important to present the key people behind your Daycare project and thus we have dedicated a section for this very purpose. It is also important to talk here about the founder’s vision, his past education and professional experience.

Hiring Plan

No business can succeed without having on board the right team. This section lists all the key positions you plan to hire with information about their salaries and expected start dates.

Key Milestones

To be able to launch and execute your Daycare project, you need to follow a set of actionable tasks with target deadlines. This section serves this purpose.

Financial Plan

Without a robust financial plan, your Daycare business plan would be an incomplete document. This important section provides crucial information about your pro-forma financial projections and shows that you have really done your homework. The data mentioned in this and the following sections will be provided by the dynamic Excel financial model accompanying your Daycare business plan.

Projected Revenue

This module shows your Daycare’s revenue projections over the next three years.

Projected Profit and Loss

This module shows your Daycare’s income statement (also called profit and loss statement) over the next three years. Your income statement includes detailed projections about your sales and expenses and shows how your Daycare’s revenue is converted into a net profit.

Projected Cash Flows

This module shows your Daycare’s cash flow projections over the next three years. The first year of operation is even detailed on a monthly basis. Your cash flow statement will detail the various cash inflows your Daycare will generate from its day to day operations and from funding sources, as well as the various cash outflows required to pay for operating expenses and business investments.

Projected Balance Sheet

This module shows your Daycare’s balance sheet projections over the next three years. The balance sheet will provide a summary of your Daycare’s short term and long term assets in addition to your short term and long term liabilities and capital.

Profitability Analysis

In this section, we will provide information about your gross margin, net margin and discuss the profitability of your Daycare business.

Funding Requirement

This module states the amount of funding your need to be able to comfortably launch your Daycare business. It also describes the planned allocation of the funds between Opex and Capex.

Finally, we will conclude your business plan by recapitulating the key points that make your Daycare project compelling and reiterate the rationale behind your business opportunity.

Why Use our Ready-Made Daycare Business Plan?

  • Speed & Convenience:  Once you complete your order, you will receive the Daycare business plan directly in your mailbox. Since it is already pre-written with fully customizable financials, you will only need to spend a couple of hours to edit it and adapt it to your own Daycare project.
  • High Quality:  Your Daycare business plan has been written by our professional team of business plan writers in collaboration with experts from the childcare industry. You will receive a professional Daycare business plan template ideal for presenting to potential investors or banks.
  • Low-Cost:  Our pre-written Daycare business plan template is the most cost-effective solution in case you need to build a solid and professional Daycare business plan. We are confident you will save hundreds if not thousands of dollars by ordering our premium business plan compared to hiring a consultant or subscribing to complicated and expensive software.

If you have any question regarding our ready-made Daycare business plan package,  do not hesitate to contact us , we are here to help.

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Starting a daycare business is an exciting and fulfilling venture, but securing funding can be a real challenge. However, with a well-crafted and compelling daycare business plan, you can increase your chances of attracting investors and turning your daycare dreams into a reality. In this article, we will guide you through the process of creating a comprehensive, informative, and actionable business plan that will catch the attention of potential investors. So, let’s dive in and learn what investors really want to see in a daycare business plan .

Executive Summary: Grabbing the Investor’s Attention

The executive summary is the first impression potential investors will have of your daycare business plan, so it’s crucial to make it count. This section provides a concise overview of your entire plan and should highlight the key points that make your daycare stand out. Begin with a powerful mission statement that captures the essence of your business and reflects your passion for providing high-quality care. Then, dive into the main components of your plan, such as the market analysis, unique selling proposition, financial projections, and funding needs. 

Focus on presenting these elements in a clear and compelling manner, emphasizing the potential for profitability and growth. By crafting an impactful executive summary, you’ll grab investors’ attention and make them want to learn more.

Market Analysis: Demonstrating Market Potential

Investors want to see that your daycare business is built on a strong foundation with high market potential. This means conducting thorough market research to truly understand your target audience and the competitive landscape. 

Start by identifying your ideal customer base and their needs and preferences. Are you targeting working parents with busy schedules, or are you catering to families in a specific neighborhood? Determining this information will help you tailor your services and marketing messages effectively. 

Additionally, perform a comprehensive analysis of your competition. Identify their strengths and weaknesses, and find ways to differentiate yourself from them. Highlight any untapped segments of the market that your daycare can target or any unique features you offer that set you apart. By backing up your claims with data and statistics, you’ll provide investors with a well-rounded understanding of the market potential for your daycare business.

Unique Selling Proposition: Setting Your Day Care Business Apart

To attract investors, it’s crucial to clearly define your daycare’s unique selling proposition (USP). Your USP is what sets your daycare apart from the competition and makes it an attractive investment opportunity. 

Start by identifying the key features and benefits that make your daycare special. Is it a focus on early childhood education, an emphasis on enriching activities, or a commitment to inclusiveness? Whatever it is, make sure to articulate it clearly in your business plan. Consider the pain points common among parents looking for daycare services and explain how your daycare addresses and solves them. For instance, you could differentiate your daycare by offering extended hours to accommodate working parents or by providing a nurturing environment that supports children with special needs. 

By effectively communicating your unique value proposition, you’ll show investors that your daycare is positioned for success in a crowded market.

Operational Plan: Painting a Clear Picture of Business Operations

Investors want to see that you have a detailed and well-thought-out operational plan in place. This section of your daycare business plan should provide a clear picture of how you will run your center on a day-to-day basis. Outline the key aspects of operating your daycare, such as staffing requirements, training programs, and qualifications. Detail the organizational structure, including the roles and responsibilities of key personnel. Mention any licenses, certifications, or permits needed to operate legally and comply with health and safety regulations. 

Investors want to know that you’ve considered and addressed all the necessary operational aspects to ensure a smooth and successful daycare operation. By demonstrating your expertise and attention to detail, you’ll instill confidence in investors that your daycare is not just an idea but a well-planned and organized business venture.

Marketing and Sales Strategy: Attracting Families to Your Day Care

Crafting an effective marketing and sales strategy is vital to attracting families and generating revenue for your daycare. 

Start by clearly defining your target audience: are you catering to working parents, single parents, or parents in a specific geographic area? Once you have identified your target market, develop a comprehensive marketing plan that outlines the strategies you will use to reach and engage with them. This may include a mix of online and offline tactics such as social media advertising, targeted email campaigns, community events, and partnerships with local businesses. Consider offering incentives or referral programs to encourage parent recommendations and word-of-mouth marketing. 

Additionally, outline your pricing strategy and revenue projections to show investors that you have a solid plan for generating income. By presenting a well-thought-out marketing and sales strategy, you’ll demonstrate to investors that you have a clear plan to attract families and ensure the financial success of your daycare.

Financial Projections: Demonstrating Profitability and Growth Potential

Investors are interested in the financial viability and growth potential of your daycare business, so it’s crucial to provide realistic and well-supported financial projections. 

Start by preparing revenue, expense, and cash flow forecasts based on historical data, market research, and industry benchmarks. This will show investors that you’ve done your homework and have a solid understanding of the financial aspects of running a daycare. Highlight key financial indicators such as the break-even point and profitability timeline to give investors a clear idea of when they can expect a return on their investment. Include details about pricing, anticipated occupancy rates, and any factors that may impact your financial projections, such as seasonality or market trends. 

By presenting a comprehensive and realistic financial plan, you’ll provide investors with the confidence they need to invest in your daycare business.

Funding Needs and Use of Funds: Articulating Your Financial Requirements

Clearly articulating your financial needs and how you will utilize the funds is essential to attracting investors. Identify the amount of funding required to launch and sustain your daycare business, and provide a breakdown of how the funds will be allocated. This may include expenses such as facility setup, equipment purchases, marketing efforts, staff salaries, and operating costs. Explain how each component will contribute to the growth and success of your daycare. 

It’s important to be transparent and provide a detailed and realistic plan that shows investors how their investment will be utilized and the potential return it can generate. By explicitly conveying your financial requirements and having a well-defined plan for fund utilization, you’ll instill confidence in investors and increase the likelihood of securing the funding you need.

Crafting a persuasive daycare business plan may seem like a daunting task, but by following the steps outlined in this article, you will be well on your way to creating a comprehensive and compelling plan that attracts investor funding. Remember to focus on showcasing market potential, clearly articulating your unique selling proposition, providing a detailed operational plan, outlining an effective marketing and sales strategy, and presenting realistic financial projections. By combining these elements, you’ll demonstrate to investors that your daycare business has what it takes to succeed and grow. So, get ready to bring your daycare dreams to life, and show the world the incredible value your daycare can offer. The funding you need may be just around the corner!

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How to Create a Daycare Business Plan

Childcare owners get into the daycare business through many pathways. Whether you are a business-savvy educator in the child care industry, a new parent looking to fill a need in your community, or a seasoned entrepreneur looking to expand your horizons – the first step to launching your daycare business is to create a comprehensive business plan.

Let’s get real for a moment here – writing a child care business plan, will take quite a bit of time, a lot of thinking, and even more energy to follow through. But, get this step right and you will set the tone and direction to create a successful daycare business (ad)venture! 

When developing your daycare business plan, it is ideal to think in the timeframe of 3-5 years. This level of long-term thinking will serve as a map on your way to your goal of establishing a solid daycare business plan to start a daycare.

Without further ado, let’s help you get started.

Here’s an overview of 9 elements that you’ll need to build a good daycare business plan. A child care business plan should include the following:

  • Executive Summary 

Company Overview 

  • Service Description  

Market Analysis 

  • Marketing Plan  

Operations Plan

Financial analysis , supporting documents .

daycare business plan canada

Executive summary for your child care business plan

This is your introduction and “elevator pitch.” Keep it short, sweet and to the point.

The executive summary section of your daycare business plan should function to get potential investors and partners excited about what your daycare center has to offer in the following key sections. 

This is an opportunity for you to include: 

  • A brief but “wow!” business description
  • Your mission statement

Your executive summary is a place to express what’s unique about your daycare business plan – is it the location, approach, learning philosophy, child care services, team, diversity, or something brand new? Don’t be afraid to make this your own!

This section covers the structure of your daycare business plan and business concept.

Are you planning on being a thought leader in the daycare industry within a specific niche of childcare? A special Waldorf school? A school that prioritized multiculturalism? A center that is Montessori first with Reggio influences to prioritize independent learners? Home daycares? Or do you want to build an empire with an eye on franchising your daycare business model? 

Some key elements to include in a brief overview are: 

  • Your daycare business structure
  • History of the business
  • Core services offered
  • Target age group and capacity
  • Success milestones (accreditation, state-focused quality rating)  
  • Mid-term business goals & requirements

Service Description 

This section dives into the nitty-gritty of what daycare services you will provide to your community and how your business will go about doing so.

Things to think about for your business description are: 

  • Full-time or part-time care 
  • After school care for school aged children 
  • Child Care Center capacity 
  • Age group information 
  • Operation hours 
  • Extra-curricular programs (yoga, music instruction, languages, gardening)
  • Food program 
  • Room layout & design 
  • Furnishing & equipment needs 
  • Facility management & development 
  • Do you have a big vision for your daycare facility that needs to be broken down into different phases?
  • If yes, what do these phases look like? 
  • Will consultants be hired to support each phase of growth? Is this even necessary?
  • Will there be a board involved in the decision making process (NFPs)

This is where your vision meets reality! Think of this piece as your ingredients list to build a good daycare business plan. Write everything down and ask people in your inner-circle for feedback.

Market analysis is a business way of saying, “Get to know your surroundings.”

Here’s a list of questions to get you on the right track: 

  • Who is your target audience? (School age kids? Working parents? )
  • What are the geographic boundaries of the client base that your business will serve?
  • What is the population of young children & families in your area? (Are there many new young families moving in?)
  • What is in high demand for child care services? 
  • What is the supply for childcare? 
  • How many daycare businesses are there in the area? 
  • Where are other daycare providers located? 
  • How long are waitlists? 
  • What kind of programming / services are offered by other child care centers?
  • What are childcare vacancies like in the daycare industry? 
  • How much does childcare cost in the area? 
  • What’s the dominant age group in the area? 
  • What are the unique licensing & regulation requirements for child care centers in your area?

Answering as many of these questions as you can will give you a clear picture of what you’re getting yourself into and how to stand out from competition. 

Okay, let’s get practical for a minute – how can you answer these questions? Drive around. Join parent communities online. Facebook groups are great resources to understand what parents and potential customers around you are talking about, stressing about, enjoying, and prioritizing in their childcare search.

In short,  really  get to know your community of potential customers for your business. I cannot stress the importance of this step for a good business plan. Nothing beats listening to real people from your target market with real problems when building a business case. This seems simple, but it does take a lot of work and persistence to get results. 

To distill this process into 5 broad business categories for your daycare business plan: 

  • Understand your target customers
  • Identify the need of your target customers
  • Research your competitors 
  • Define your differentiators 
  • Position yourself to grow your business

A note on licensing requirements and regulation : Before you take any steps towards setting up your child care business or daycare franchise, take the time to understand the center licensing guidelines and regulations that will apply to you from your local government. Make sure that you will be able to obtain the necessary licensing for your facility.

Marketing Plan 

My favourite part. Now that you have an idea of your daycare business identity, you have to have a marketing plan to promote it and make a splash!

  • What differentiates you from existing daycare businesses or other child care centers in the area? 
  • How can you really showcase what’s special compared to competition? 
  • What are your initial marketing goals? Perhaps building out a waitlist before launching? 
  • How will you connect with families you want to work with with your marketing strategy?

Building out a marketing plan for your daycare can be as simple or as elaborate as you like. Get creative with your marketing strategy and really show your personality. Here’s an in-depth post we did about marketing your child care center .

daycare business plan canada

Now an idea is just a thought without a team to get it done. Your operations plan is the backbone of your business. In this section, key things to include are: 

  • Who is on your management team?
  • Who are your core staff members? 
  • What does the organizational chart for your business look like? 
  • Training opportunities & needs for staff? 
  • If your daycare center is a NFP, who are the board members? 
  • If your daycare center is a for profit center, will you have a parent committee that drives operations at your center?

Think of this section as building out your A-team. Why have you chosen certain people for their roles? What do your management team members bring to the table that’s unique?

This also brings transparency to how your team is structured and career development opportunities. Remember to keep growth in the back of your mind for each section of your daycare business plan. 

Now that you’ve done most of the heavy lifting, you can use all the information that you have previously gathered to come up with a financial plan for the first few years of your business operations. 

Remember, starting any business is difficult and it usually takes 3-5 years to break even and start becoming profitable.

Here are the key questions to answer in this section: 

  • What is your start up budget? 
  • How will you secure funding?
  • What is your annual operating budget (income & expenses) 
  • Income statement
  • Balance sheet 
  • Revenue model 
  • Your current revenue & expense statement 

Need a template to get started on your financial plan? Check out  How To Manage Your Child Care Center Budget  to download the template.

Milestones 

This last section is one I like to call, the “keeping us honest” section. This is where you and your team will list down milestones that you plan on accomplishing on your daycare business plan journey. Don’t leave this section blank as it’ll be your measuring stick as you launch your daycare business plan. 

Some example milestones are: 

  • Reaching 80% of capacity 
  • Getting NAEYC accredited 
  • Achieving the most stars in your state QRIS 
  • Collecting 5 star reviews from parents for your Google page 
  • Reaching 100 followers on your Facebook community 

Get together with your team and pick the measures that make the most sense for your childcare business.

Here’s a list of documentation that might come in handy when pulling all of this together. 

  • Revenue & expenses sheet 
  • Financial projections 
  • Income statement, balance sheets and funding
  • Resumes of everyone on your team
  • Contracts with external consultants 
  • Letters of endorsement 
  • Legal documents (daycare license, property documents, articles of incorporation) 
  • Daycare business plan template
  • Any other relevant information 

daycare business plan canada

Child Care & COVID-19 

While COVID-19 has thrown a wrench in many people’s business plans, that does not mean that you should give up on your dreams of becoming a daycare business owner. With all the change and uncertainty of the current climate comes the space for opportunity!

Centers now have to operate under different health and safety requirements, most notably reduced ratios.

Here’s a roundup of resources that we’ve compiled as a team to support your business plans during the pandemic and beyond.

  • [Survey] What Parents Value In Childcare During COVID-19
  • [Guide] Cold, Flu, COVID-19: A Director’s Survival Guide (with printables)
  • [Article] What To Do If Someone Tests Positive For COVID-19
  • [Webinar] HiMama Features To Build Trust During COVID-19  

To quote Dwight Eisenhower, “Planning is everything, the plan is nothing.” The process of defining your vision will make a difference when facing obstacles on your journey to creating a successful business.

Things won’t go perfectly according to your daycare business plan, but because you’ve mapped out your way, you will find a way to work over, under, or around those obstacles to get there.

Good luck! 

daycare business plan canada

Did you know that HiMama makes it simple to get organized, stay in touch with parents, and keep on top of your operations? Contact us today to find out how we can make your daycare business plan into a reality.Do you have any pointers to add to this? We’d love to hear them. Let us know in the comments below. Don’t forget to follow us on social media @HiMamaSocial.

daycare business plan canada

Carmen is the Marketing Coordinator and Preschool Podcast Manager on the HiMama team. She's been working with childcare business owners and consultants for 3 years. She is passionate making connections that empower the ECE Community through knowledge-sharing to support better outcomes for children, their families, and society!

More by Carmen

Carmen Choi

February 13th, 2017

daycare business plan canada

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Home » Start a Business » Business ideas

How to Start a Daycare in Quebec, Canada [Business Plan]

A daycare center which is also called day nursery, nursery school, or crèche (French: “crib”), is an institution that provides supervision and care for infants and young children during the daytime, particularly so that their parents can hold jobs.

Available data shows that currently, there are approximately 950 daycares called centres de la petite enfance (CPEs) in Quebec. The cities with the lowest fees for infant care in Quebec are Gatineau, Laval, Montreal, Longueuil, and Quebec City, and the median fee is the provincially-set fee of $179 CAD a month. Winnipeg is the next most affordable city with a provincially-set fee of $651 CAD a month.

Steps on How to Start a Daycare Business in Quebec, Canada

Conduct market research.

If you intend to start a daycare business in Quebec, Canada, then you must make sure you conduct thorough market research.

Your aim of conducting market research for your daycare is to get an in-depth analysis of information, generate new questions, concepts, and understanding of the market space and what you are going to be up against. With successful market research, you will be able to explore the unknown and unlock new possibilities in the industry you want to start your business.

a. Who is the Target Market for Daycare Business?

The target market of a day care is parents with children who are under 4 years.

b. Is Daycare a Profitable Business, in Quebec, Canada?

Absolutely, owning a daycare in Quebec is very profitable. As a matter of fact, owners of daycare centers profit an average of $37,000 per year. While some owners of daycare centers report earning well over $37,000 per year.

c. Are There Existing Niches in the Industry?

Yes, there are existing niches when it comes to day care services and they are;

  • Daycare for children under 4 years old
  • Adult day care
  • Daycare for children with special needs.

d. Who are the Major Competitors?

  • Centre De La Petite Enfance La Frimousse
  • Garderie en Folie
  • La Villa Montessori – Québec
  • Centre de la Petite Enfance de la Colline
  • Centre De La Petite Enfance Le Clin D’Oeil
  • Petite École Abc Preschool Campus Sainte-Foy
  • Quebec City English Daycare
  • Garderie Diane Lacasse
  • Les Explorateurs Montessori inc 1-2
  • Petite École ABC Preschool Campus Lebourgneuf
  • Cpe La Petite City – Installation Small Campus
  • CPE Montessori De Quebec
  • CPE Jardin Bleu Quebec
  • Nursery Minibraves
  • Nursery La Maison Des Enfants
  • Centre de la petite enfance du Village Inc.
  • School Montessori De La Colline
  • Centre L’Univers des Amis des Saules
  • Nursery Les Primevères
  • Le Monde Des Frimousses.

e. Are There County or Province Regulations or Zoning Laws for Daycare Business in Quebec, Canada?

Yes. Zoning laws require day care operators in Quebec to follow specific rules and regulations, including some that apply only to home day cares. These laws are designed to address the unique circumstances of a business operating in a residential area.

Many laws seek to minimize the negative impact on the community, which can be affected by increased vehicle traffic and neighborhood noise. Other laws regulate how properties are altered, including the addition of business signage and the construction of fencing and playground equipment.

Zoning laws also provide special requirements designed to address special circumstances related to these businesses. Please note that in many communities, zoning laws require daycare providers in Quebec to apply for a permit from the city.

This application process allows the city’s zoning department to determine whether the home day care meets the zoning rules for the community. Permits also ensure that all day cares are properly licensed with the province agencies. Interestingly, you can run a home daycare out of your home in Quebec as long as your home meets the requirements for such business.

f. Is There a Franchise for Daycare Business in Quebec, Canada?

Yes, there are franchise opportunities for day care. Here are some of them;

  • Little Kids Daycare Center
  • Preschool Canada.

g. What Do You Need to Start a Daycare Business in Quebec, Canada?

  • A Feasibility Report
  • Business and Marketing Plans
  • Business Licenses and Permits
  • A Well-Equipped Day-Care Facility
  • A Corporate Bank Account
  • Supplies (Detergents, Toiletries, Disinfectant, Hand Gloves and more)
  • Startup and Working Capital

Memorable Daycare Business Names for Quebec

  • Saint-Hyacinthe® Day Care Center
  • Granby® Day Care Center
  • Sainte-Jerome® Day Care Center
  • Drummondville™ Day Care Center
  • Chicoutimi® Day Care Center
  • Saint-Jean-sur-Richelieu® Day Care Center
  • Lady Annie® Day Care Center
  • Trois-Rivieres® Day Care Center
  • Sherbrooke® Day Care Center
  • Ronald Magdalene® Day Care Center
  • Maria De La Rosa® Day Care Center
  • Levis™ Day Care Center
  • Saguenay™ Day Care Center
  • Longueuil® Day Care Center
  • Gatineau® Day Care Center
  • Laval Community® Day Care Center
  • Quebec City© Day Care Center
  • Montreal City™ Day Care Center
  • C’est Moi™ Day Care Center
  • Petite École ® Day Care Center

Register Your Business

A. what type of business structure is best for day care center.

Even though there are four options when it comes to the business structure of a daycare center in Canada, the one that most players in this line of business consider is a sole proprietorship. This is because registering a sole proprietorship is easier and cheaper than registering a corporation.

Please note that all businesses in Canada must register their business names in their respective provinces or territories except for sole proprietorships that use only the owner’s legal name with no additions (except in Newfoundland and Labrador where no sole proprietorships or partnerships need to register their names).

b. Steps to Form a Business in Canada

  • Choose a Name for Your Business
  • File Articles of Organization.
  • Choose a registered agent.
  • Decide on member vs. manager management.
  • Create an operating agreement.
  • Comply with other tax and regulatory requirements.
  • File annual reports.

c. What Type of License is Needed to Open a Day Care?

  • Child Development Associate Credential (CDA) license.
  • Child Care License
  • Child Care Permit.

You can contact the Canadian Child Care Federation (CCCF) to get the detailed license and permits you would require to operate your private daycare facility in Quebec. The Canadian Child Care Federation (CCCF) is a national non-profit organization whose mission is to improve the quality of child care services for Canadian children and families.

CCCF includes 16 regional affiliate organizations, independent members, and other partner organizations. The CCCF website provides a wide range of information on child care.

d. What Type of Certification is Needed to Open a Daycare?

You will need one-year ECE certificate programs of between 750 and 1,800 hours or an attestation of college studies (ACS) or a university certificate in Québec. No equivalency is granted for graduates of other early childhood programs comprising less than 750 hours of training.

e. What Documents are Needed to Open a Daycare?

These are some of the basic legal documents you are expected to have to legally run a day care in the United States of America;

  • Goods and Services Tax/Harmonized Sales Tax (GST/HST)
  • Council Permit
  • Early Education License or Child Care License
  • Business and Liability Insurance
  • State Permit and Building Approval
  • Business License
  • Business Plan
  • Insurance Policy

f. Do You Need a Trademark, Copyright, or Patent?

If you are considering starting a day care, usually you may not have any need to file for intellectual property protection or trademark. This is so because the nature of the business makes it possible for you to successfully run it without having any cause to challenge anybody in court for illegally making use of your company’s intellectual properties.

Cost Analysis and Budgeting

A. how much does it cost to start a daycare.

When it comes to starting a daycare business in Quebec, the startup costs vary. It could range from $80,000 (if you are opting for a franchise) to over $250,000. This is because the startup inventory is on the high side.

b. What are the Costs Involved in Starting a Daycare?

  • Business Registration Fees – $750.
  • Legal expenses for obtaining licenses and permits – $3,300.
  • Marketing, Branding and Promotions – $5,000.
  • Business Consultant Fee – $2,500.
  • Insurance – $5,400.
  • Rent/Lease – $150,000.
  • Other start-up expenses include, commercial satellite TV subscriptions, stationery ($500), and phone and utility deposits ($2,800).
  • Operational Cost (salaries of employees, payments of bills et al) – $60,000
  • start-up inventory – $15,000
  • Store Equipment (cash register, security, ventilation, signage) – $4,750
  • Furnishing and Equipping – $80,000
  • Website: $600
  • Miscellaneous: $5,000

c. What Factors Determine the Cost of Opening a Daycare?

  • The choice of location
  • The required licenses and permits
  • The type of facility
  • Additional services offerings
  • The number of children they want to admit
  • The cost of hiring and paying a business consultant and attorney
  • The cost for branding, promotion, and marketing of the daycare business
  • The cost for furnishing and equipping the daycare business
  • The cost for insurance policy covers
  • The cost for registering the business
  • Source of your supplies and ongoing expenses
  • Cost of recruiting and training your staff
  • The cost for the purchase and customizing of uniforms

d. Do You Need to Build a Facility? If YES, How Much Will It Cost?

Actually, it is not compulsory to build a new facility for your day care business in Quebec, Canada, but if you have the required finance, it will pay you to build your own facility. The truth is that building or reconstructing a facility for your day care will help you come up with a facility that will perfectly fit into your overall business goals and vision.

e. What are the Ongoing Expenses of a Daycare?

  • Rent and lease
  • Cost of stocking up supplies such as first aid medications, toiletries, disinfectants, sanitizer, hand gloves and beddings, et al
  • Utility bills (internet subscriptions, phone bills, signage and software renewal fees et al)
  • Salaries of employees

f. What is the Average Salary of your Staff?

  • Head of Day Care (President) – $45,000 Per Annum
  • Day Care Administrator – $36,034 Per Annum
  • Account Officer – $35,000 Per Annum
  • Early Childhood Educators – $33,300 Per Annum
  • Front Desk Officer – $28,000 Per Annum
  • Cleaners and Nannies – $22,000 Per Annum
  • Security Guard – $22,000 Per Annum

g. How Do You Get Funding to Start a Day Care?

  • Raising money from personal savings and sale of personal stocks and properties
  • Raising money from investors and business partners
  • Sell shares to interested investors
  • Applying for a loan from your bank/banks
  • Pitching your business idea and applying for business grants and seed funding from the government, donor organizations, and angel investors
  • Source for soft loans from your family members and your friends.

Write a Business Plan

A. executive summary.

St. Granby® Day Care Center is a registered and standard for-profit day care that will be based in Granby – Quebec, Canada. Our day care center is designed to provide care and early childhood education for children between the ages of 0 to 4 years during the day. Our programs are designed to offer relief to family members and caregivers, allowing them to go to work, handle personal business, or just relax while knowing their children are well cared for and safe.

b. Products and Service

  • Day care services
  • Early education services
  • Meal services
  • Transportation services
  • Play activities.

c. Mission Statement

Our mission is to build a highly successful day care center that provides community-based day care services and early childhood education for children under 4 years old.

Vision Statement

Our vision is to create an international model for the day care center industry in Quebec, Canada.

d. Goals and Objectives

The goals and objectives of a daycare center are to provide quality care and early children hood education for children under the age of 4.

e. Organizational Structure

  • Head of Daycare (President)
  • Daycare Administrator
  • Account Officer
  • Early Childhood Educators
  • Front Desk Officer
  • Cleaners and Nannies
  • Security Guards

Marketing Plan

A. swot analysis.

The strength of the daycare facility lies in the fact that they have a team of qualified professionals including early childhood educators manning various job positions in the organization. So also, the location, the business model they will be operating on, well-equipped facility, and their excellent customer service culture will definitely count as a strong strength for the daycare facility.

The day care is a new business which is owned by an individual (family), and they may not have the financial muscle to sustain the kind of publicity that will give the business robust visibility and also to attract some of the highly experienced hands in the day care services industry in and around Quebec.

Opportunities:

The opportunities that are available to day care facilities are unlimited considering the fact that the province has loads of children under 4 years old and of course busy, working-class parents.

Just like any other business, one of the major threats that you are likely going to face is economic downturn and unfavorable government policies. It is a fact that an economic downturn affects purchasing or spending power. Another threat that may likely confront a daycare business is the arrival of a newer and bigger day-care facility in the same location where your facility is.

b. How Do Day Cares Make Money?

  • Charge for enrichment programs.
  • Expand “other fees” you charge.
  • Limit “discounts” and “credits”.
  • Consider new ways to offer specials.
  • Ensure regular tuition increases.
  • Take advantage of Food Program money.
  • Government grants.

Please note that in general, all types of child care in Canada (except Quebec) are primarily paid for by parents, with some provinces/territories paying some direct operating costs of regulated child care (which reduces parent fees).

c. Payment Options

  • Payment via bank transfer
  • Payment with cash
  • Payment via credit cards/Point of Sale Machines (POS Machines)
  • Payment via online bank transfer
  • Payment via check
  • Payment via mobile money transfer
  • Payment via bank draft

d. Sales & Advertising Strategies

  • Place adverts on both print (newspapers and educational related magazines) and electronic media platforms
  • Sponsor relevant community-based events/programs for kids and parents alike
  • Leverage on the internet and social media platforms like; Instagram, Facebook, Twitter, YouTube, Google + et al to promote your facility
  • Install your Bill Boards in strategic locations all around your city or state
  • Distribute your fliers and handbills in target areas
  • Contact households, businesses, and every parent in the neighborhood where your day care will be located informing them about your business.
  • List your day care in local directories / yellow pages
  • Advertise your day care on your official website and employ strategies that will help you pull traffic to the site.
  • Position your Flexi Banners at strategic positions where your day care is located.
  • Ensure that all your staff members wear your branded shirts and all your school buses are well branded with your company logo.

Financial Projection

A. how much should you charge for your service.

In Quebec, the cost of subsidized daycare is $8.35 a day. At a non-subsidized daycare, the daily fees can range from $35 to $60. The Quebec Ministry of Finance has a tool that will calculate the daily cost of daycare after applying provincial and federal tax benefits and deductions.

b. How Much Profit Do Day Care Business Owners Make a Year?

It depends, but the available report shows that owners of daycare centers in Quebec, Canada profit an average of $37,000 per year. While some owners of daycare centers report earning well over $37,000 per year.

c. What Factors Determine the Amount of Profit to Be Made?

  • The capacity of the day care
  • The location of the day care is covering
  • The management style of the day care
  • The business approach and model of the day care
  • The advertising and marketing strategies adopted by the day care.
  • The number of years the day care is in business

d. What is the Profit Margin of a Day Care?

Child day care businesses tend to have really high gross margins, on average around 96%. This might mean that it’s easy for business owners to scale their day care operations. Please note that some day cares operate as nonprofits hence they are not expected to make profits.

e. What is the Sales Forecast?

Below is the sales forecast for a day care. It is based on the location of the business and other factors as it relates to such startups in Quebec, Canada;

  • First Fiscal Year: $240,000
  • Second Fiscal Year:  $350,000
  • Third Fiscal Year: $480,000

Set Up your Office

A. how do you choose a perfect location for day care.

  • The demography of the location especially as it relates to young parents and children between the age of 0 to 4 years old
  • The demand for day care services in the location
  • The purchasing power of residents of the location
  • Accessibility of the location
  • The number of day cares in the location
  • The local laws and regulations in the community/state
  • Traffic, parking and security et al

b. What City is Best to Open a Day Care Business in Quebec, Canada?

  • Montreal, Canada.
  • Quebec City, Canada.
  • Laval, Canada.
  • Gatineau, Canada.
  • Longueuil, Canada.
  • Saguenay, Canada.
  • Levis, Canada.
  • Sherbrooke, Canada.
  • Trois-Rivieres, Canada
  • Saint-Jean-sur-Richelieu, Canada
  • Chicoutimi, Canada
  • Drummondville, Canada
  • Saint-Jerome, Canada
  • Granby, Canada
  • Saint-Hyacinthe, Canada.

c. What Equipment is Needed to Operate a Day Care?

When starting opening a daycare, you will need early childhood educational materials, first aid kits, smoke detectors, carbon monoxide detectors, fire extinguishers, an emergency preparedness kit, and an emergency plan, among other things. In setting up a small office, you will need a computer, printer, software apps, telephones, pager, photocopier, scanner, and fax machine.

Hire Employees

As regards the number of employees that you are expected to kick start the business with, you would need to consider your finance before making the decision. When it comes to starting a standard daycare facility on a large scale, you would need the services of the following professionals; the head of daycare (you can occupy this position), day care administrator, early childhood educator, front desk officer, security guards, and cleaners and nannies.

Launch the Business Proper

In recent times, no day care opens its door for business without first organizing an opening party to officially launch the business. You can choose to do a soft opening if you are operating on a low budget or you can go for a grand opening party.

The bottom line is that with a proper launching of the day care, you will be able to officially inform people in your city that your day care is open for business.

a. What Makes a Daycare Business in Quebec, Canada Successful?

  • Stellar Reviews.
  • A Caring, Stimulating Environment with Happy Kids.
  • An Interesting and Varied Schedule or Curriculum.
  • Qualified Caregivers Who Really Care.
  • Safety, Safety, Safety.
  • Low Child-to-Caregivers Ratio and Low Employee Turnover.
  • Established Policies and Consistent Rules.
  • Licensed (and Maybe Accredited)
  • Disciplined and dedicated workforce
  • The heart to serve
  • Good facility and ambiance
  • A good relationship with stakeholders
  • Good care and early childhood teaching techniques and programs.

b. What Happens During a Typical Day at a Daycare Business in Quebec, Canada?

  • The day care is open for the day
  • The facility is cleaned and prepared to welcome the children
  • Students are welcomed
  • Students are provided with special care, nursing and other supervision, assistance in daily living and feeding et al
  • The school is closed for the day and family members come to pick their wards

c. What Skills and Experience Do You Need to Build a Daycare Business in Quebec, Canada?

  • Flexibility
  • Good managerial and human development skills
  • Excellent communication and negotiation skills.
  • Organizational skills.
  • Problem solving ability.
  • Experience working as an Early Childhood Educator
  • Experience in the day care industry
  • Experience in day care administration.

More on Business ideas

 
 

 or 1-877-510-5333

 and visit the Province of Ontario's child care start-up page at:  , 

 


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Resources for Your Growing Business

The ultimate guide to starting a daycare business.

The Ultimate Guide to Starting a Daycare Business

Why Start a Daycare?

Advantages to starting a daycare, can you start a daycare from home, how much does it cost to start a daycare, 15 steps to starting a daycare center, resources for daycare owners, bottom line.

Since most parents work outside the home, most preschool aged children receive some form of child care. While many are cared for by nannies, babysitters or other family members, nearly one-quarter (23.4%) of children under age five attend an organized daycare center. 

This presents a world of opportunity for those looking to take the next step and start a child care business of their own. Starting a daycare center can be both personally fulfilling and financially rewarding.

Do you want to open your own daycare center in the U.S.? Follow along with this guide as we reveal the step-by-step process for opening a successful child care business. 

Opening a daycare can be intimidating, but it can also be incredibly rewarding. While there is no blueprint for success, many child care business owners find joy in the journey. So whether it’s your passion for kids or desire to serve parents in your community, there are many valid reasons to open a daycare. 

What’s important is that you also need to consider your own unique reasons for wanting to open a daycare, as these reasons will then motivate you to follow through on your dream. Even though you will face obstacles along the way, the payoff of opening a daycare is certainly worth the struggles.

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Starting your own daycare business can be advantageous on multiple levels. For one, you’ll have the personal satisfaction of starting your own care center from scratch. Then, there’s the joy of spending time with children and learning life-changing lessons along the way.

If you’re still on the fence about starting your own daycare, consider these likely advantages:

  • Emotionally rewarding: Working with kids teaches you to be patient and enjoy the simple things in life. You’ll also have the flexibility of having your own business versus being confined to a traditional day job.
  • Financial freedom: By opening a daycare, you’re in control of your income rather than reliant on a typical paycheck. You can maximize your earning potential and make investments back into your own business.
  • Personal child care: If you have your own child, you can care for them while you’re running your daycare. This will save you money and give your offspring opportunities to make friends with other kids. 
  • Continued education: Opening a daycare can open the door to new opportunities in the field of child care. You may be presented with another job position or choose to pursue additional education of your own accord. 
  • Extra money: Rather than stay home and care for your own children for free (assuming the original plan was to be a stay-at-home parent), why not make some extra money by caring for other children at the same time? 
  • Tax deductions: As a business owner, you can write of certain expenses as business expenses, saving you money on your taxes. These expenses can include a portion of your housing payment (if you have an in-home daycare), your cell phone bill, your vehicle, child care supplies and more. See Tax Deductions . 

These are just a few of the many advantages of starting your own daycare center. Now let’s address some common questions you may have about being a daycare business owner. 

Yes, starting a care center from your home is an option and may even be the more affordable option. This is because there are different options at the local, state and federal level that provide grants and funding to in-home daycare centers.

If you already have the space to run a child care business out of your home, it’s worth looking into Small Business Administration (SBA) loans to help you fund your endeavor. Remember, at the end of the day, you may be eligible for tax cuts and other benefits.

According to small business website bizfluent.com , the average startup cost for a daycare center is $10,000 to $50,000. This can vary widely depending on whether you’re opening a home-based daycare or leasing a separate facility for your care center. 

If you don’t have $10,000+ in your bank account, don’t worry. There are many grants and loans available to child care businesses. In fact, some local businesses will offer financial incentives to support budding child care centers. Consider reaching out to your community for support.

Now, let’s get to the good stuff: how to start your own daycare business from start to finish!

Starting a small business in general is always a journey. While we’ve outlined a few steps to getting your business up and running, know that there is no one “right” way to achieve success. You’ll learn many lessons along the way and are likely to pave your own path.

That said, here are 15 steps to starting your daycare center, even if you have zero experience.

1. Learn About Daycare Licensing Requirements

You might have started off as a babysitter or a nanny, but in order to start a full-on daycare business, you need to meet the proper licensing requirements in order to be legal . That way, your daycare will be legitimate and you won’t run into any legal trouble accepting children into your care. 

A good first step is to contact your state’s Department of Children and Family Services (DCFS) to learn about their specific regulations for child care providers. Another option is your local area’s child care licensing agency. You can usually find this information online. 

To obtain a license to start a daycare center, you’ll also need a current CPR certification, a clean driving record and additional documents that prove your commitment to providing quality child care. Don’t be afraid to ask your local agency questions to ensure you’re satisfying all requirements.

2. Consider Taking Early Childhood Education Classes

While you don’t need to have professional child care experience to start a daycare business, having some understanding of early childhood development is strongly encouraged. You’ll be caring for young lives, so you need to know how to provide the right kind of support and care.

Getting a degree is early childhood education is a good place to start. You can typically find classes in-person at your local community college or online. Through this degree, you’ll gain a greater understanding of how children think and behave, and what they need in order to be properly cared for. 

Beyond that, you’ll have the skills to set your business apart from your competition. You’ll be better prepared to offer the services parents are looking for and keep them coming back time and time again.

3. Create a Daycare Business Plan

In starting any type of small business, it helps to have a business plan. Having a business plan helps you set tangible goals for your business, organize your business structure, outline your services and so much more.

In your daycare business plan, you’ll define your daycare’s mission statement, operations and procedures, staffing and budget. This business plan works to keep you on track and striving toward success. 

Consider how you want your business to be organized for you plan. Will you be solo or hire staff? How will you secure funding? Will you offer services beyond child care (like tutoring)? For help in creating your business plan, check out this detailed guide from the U.S. Small Business Association .

4. Find a Location for Your Daycare

If you plan on running your daycare out of your home, this step should be pretty straightforward. If not, you’ll need to find a location for your child care facility.

Many recreational centers, churches, local businesses and even schools have space available to host a daycare, typically for a monthly fee. Search online, in your local newspaper and within your network to find options in your area. 

Once you’ve found a good fit, you need to check your city’s zoning laws and licensing guidelines to make sure your chosen location is compliant. That way you can avoid some legal headaches down the road. 

Ideally, you’ll need to find a location that’s centrally located, easily accessible and child-friendly. Consider what children and their parents will be looking for in a child care center. You might not find the perfect option, but you can make it work with a little TLC.

5. Get Insurance

Most daycare centers need several types of insurance in order to keep children (and their businesses) protected. These policies typically include liability coverage, property, workers’ compensation and business insurance.

Not sure what type of insurance you need? You can always check with your local child care provider licensing office for guidance.

6. Seek Out Grants and Funding

As we covered already, there are certainly costs associated with starting a daycare. If you don’t have the money you need to cover your initial startup costs, you’ll need to get creative when it comes to acquiring funding.

There are many grants available to help you cover your startup costs. You might also consider taking out an SBA loan or doing community fundraising. Know that the goal is to use these funds as an investment that will yield profitable returns in your business.

Costs Associated with Starting a Daycare

There are several things you’ll need to buy or lease in order to get your business up and running for day one. These expenses include but are not limited to:

  • Renting a daycare space
  • Indoor and outdoor play equipment
  • Art supplies
  • Cleaning supplies
  • Child care supplies (like diapers and wipes)
  • Business laptop
  • Licensing fees
  • Food (for snacks/meals)
  • Bottles, cups, plates, utensils, etc.
  • Car or reliable transportation (optional)

You might think of some additional items you’d like to have at your daycare. Over time, you can use the revenue coming in to help cover these expenses and invest in better equipment/supplies. It’s OK to keep things simple and then scale your way up. 

7. Prepare Your Daycare Center

Once you have a location secured and the proper materials and equipment in place, it’s time to prepare your daycare center.

First, clean your facility and sanitize with an effective disinfectant. Then, take the needed steps to childproof your daycare according to the ages of the children you will be caring for. Follow this childproofing checklist for help.

Finally, set up play equipment and lay out toys. You might decide to use storage boxes to keep everything organized. You can always rearrange your layout according to your needs.

Is your daycare ready for service? Give it another once-over and you’re ready to open your doors for day one of business!

8. Draft up a Contract

As a small business owner, having a contract is always a good idea. The parents that come to your facility are essentially your clients, and you want to have a solid contract in place to protect yourself from any legal issues.

We recommend seeking out a trusted contract lawyer to draft up a contract according to your needs and unique business requirements. Your contract will then be used to outline your expectations for your clients and their children.

Here are some important questions to consider when creating your contract:

  • How do you expect to be paid?
  • How will you handle late payments?
  • What time should parents pick up their children?
  • Are there consequences for late pick up?
  • What services will you provide?
  • What is your policy when it comes to sick children?
  • Do you offer refunds? If so, under what conditions?
  • What happens if a child is injured at your facility?

Whether you seek help from an attorney or write the contract yourself, you should have a contract in place before accepting business. Once signed, you can then send professional daycare invoices to get paid by your clients. 

9. Establish Policies and Procedures

Establish policies and procedures for the families that attend your daycare and your staff. These procedures may include an emergency plan, safety procedures, privacy protocols and rules for your facility.

Having these procedures in place will help you keep the children safe and protect yourself from liability (in some instances). In establishing your policies, be sure to review your local child care licensing requirements to ensure compliance. 

10. Research Possible Tax Credits

If you’re opening an in-home daycare, you may be eligible for certain tax reductions based on the fact that you’re using your residence for business purposes. This means you can essentially write off a portion of your housing cost. This can be the case even if your daycare space serves as a family room after hours. 

11. Hire Staff as Needed

When you’re first getting started, you may just be a company of one, as you might want to save the cost of hiring unnecessary help. But over time, you may need to hire help to take care of the kids during the day.

This is especially true if you find yourself running up against the required ratio of staff to children, as outlined in your local daycare licensing requirements. Be sure to review these to make sure you have enough staff for the number of children you plan on caring for.

Also, make sure all child care staff undergo criminal background checks and provide references to ensure the safety of the children. Make your hiring decisions carefully to keep your facility safe and maintain a stellar reputation.

12. Market Your Daycare

You have your daycare set up and open for business, now how do you get families in the door? As with any small business, you’ll need to market yourself to attract potential clients.

There are many ways to market your daycare. One method is to create flyers and post them around your local community—at businesses, schools and coffee shops. You can also run paid ads on Google or Facebook to draw in families from your local area.

To establish your daycare as a professional business, consider building a website that provides more information about your services. A basic website can cost anywhere from $10 for a WordPress template and set up, to $2,000 or more for a custom design.

With a website, you can then use search engine optimization (SEO) to attract organic traffic from Google. That way, when families search for a daycare near them, your business is likely to show up in the search results.

13. Promote Your Daycare on Social Media

Another effective marketing tool for daycare centers is social media. Platforms like Facebook, Instagram and LinkedIn can be used to promote your business and draw in potential clients.

Create a business Facebook page to post more information about your daycare, collect client testimonials and keep families up-to-date with events at your daycare. You can also post on Instagram and LinkedIn, with targeted hashtags, to attract families in your area.

As your business grows, you might decide to invest in paid marketing services. A digital marketing agency or consultant can help you increase your business’s presence online, outrank your local competitors and attract new clients. 

14. Provide Top-Quality Care

The success of your daycare depends on you providing top-quality care to your families. If the kids at your facility are properly cared for, and, even better, enjoy coming to your daycare, you’re likely to attract more referral business.

Positive reviews can work wonders to attract new clients. Ask families to review your business on Facebook, Google, Yelp and other review sites to improve your daycare’s reputation in your community.

Always look for ways to improve your daycare. Ask families for feedback, invest in additional education and hire fantastic staff to make your daycare the obvious choice for families in your area. 

Hit The Ground Sprinting

15. Manage Your Business Finances

Many small businesses fail due to poor money management. If you want your business to succeed, you’ll need at least a basic understanding of business accounting and how to manage your expenses.

Staying on top of your business finances is more than just tracking revenue in and expenses out. You’ll need to plan for taxes—typically around 30% of your revenue, after expenses—and make informed decisions when it comes to how you’re going to allocate your funds.

Professional daycare accounting software can help you send invoices, track revenue, manage expenses and more. It can even send reminders to parents for late payment and accept credit card payments with ease.

The more you know, the easier it will be to make smart financial decisions. Stay on top of your business finances so your business is not only surviving but thriving . 

Congratulations on taking the first step to starting your own daycare business—reading this guide! By now you have a general blueprint for how to start your own business and get up and running. 

Need more help getting started? Check out these reliable resources for aspiring daycare business owners:

  • Child Care Aware of America: licensing guidelines for child care and daycare providers
  • United States Department of Health and Human Services: childproofing checklist
  • Early Childhood Training and Technical Assistance System (ECTTAS): child care resource guide
  • Office of Child Care: list of state licensing agencies
  • Child Care Resources Inc.: early educator training

Starting a daycare business can be challenging but also incredibly rewarding. The process is made easier by having a general roadmap for how to get started. Hopefully, this guide has provided some guidance on how to get started, plus inspiration for you to finally launch a business of your own.

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A Canada-wide Early Learning and Child Care Plan

From: Department of Finance Canada

Backgrounder

The Government of Canada is focused on making life more affordable for Canadians. Since the spring budget, the federal government has signed Canada-wide early learning and child care agreements with 9 provinces and 1 territory — to help a majority of young Canadian families save thousands of dollars per year, starting next month.

The Government of Canada is focused on making life more affordable for Canadians. Since the spring budget, the federal government has signed Canada-wide early learning and child care agreements with 9 provinces and 1 territory — to help a majority of young Canadian families save thousands of dollars per year, starting next month. 

In Budget 2021, the government laid out a plan to provide Canadian parents with, on average, $10-a-day regulated child care spaces for children under six years old, within the next five years, including a 50 per cent reduction in average fees by the end of 2022.

The government’s significant $30 billion investment, over five years, in early learning and child care will help Canadian families afford the cost of living, and ensure every child has the best start in life. This includes $2.5 billion for Indigenous early learning and child care.

This is an economic issue as much as it is a social issue. The government’s plan to build a Canada-wide, community-based early learning and child care system will create new jobs and growth, and get parents — especially mothers — into the workforce. Affordable child care is estimated to raise real GDP by as much as 1.2 per cent over the next two decades.

As of the Economic and Fiscal Update 2021, the government has entered into agreements with 9 provinces and 1 territory.

As part of these agreements, the Canada-wide early learning and child care transfer payments from the federal government to the provinces and territories will increase from $3.0 billion in 2021-22 to $7.7 billion in 2025-26.

Early Learning and Child Care Investments to Make Life More Affordable


Province/Territory and Date Agreement Announced
Amount of Federal Investment
(5 Year Allocation, $ millions)
Estimated Average Savings per Child
with 50% Average
Fee Reduction
(gross, annual)
Estimated Average
Savings per
Child at $10/day
(gross, annual)
Child Care
Spaces to be Created
Estimated Early Childhood Educator Jobs to be Created

July 8, 2021
$3,212 $6,000
(by end of 2022)
$9,390
(by end of FY 2025-26)
40,000 8,000 to 10,000

July 13, 2021
$605 $4,690
(by end of 2022)
$6,780
(by end of FY 2025-26)
9,500 1,900 to 2,375

July 23, 2021
$42 Yukon committed
to a $10/day average fee prior to Budget 2021
$7,300
(achieved)
110 22 to 28

July 27, 2021
$118 $3,390
(by end of 2022)
$4,170
(by end of 2024)
452 90 to 113

July 28, 2021
$306 $5,090
(by end of 2022)
$7,560
(as early as January 2023)
5,895 1,179 to 1,474

August 5, 2021
$5,964 Not applicable Not applicable 37,000 7,400 to 9,250

August 9, 2021
$1,201 $2,610
(by end of 2022)
$2,610
(by end of FY 2022-23)
23,000 4,600 to 5,750

August 13, 2021
$1,099 $3,910 (retroactive
to July 2021)
$5,220
(by end of FY 2025-26)
28,000 5,600 to 7,000

November 15, 2021
$3,797 $5,610
(January 2022)
$8,610
(by end of FY 2025-26)
42,500 8,500 to 10,625

December 13, 2021
$492 $3,910
(by end of 2022)
$5,220
(by end of FY 2025-26)
3,400 680 to 850
Outstanding Agreements as of December 14, 2021
Update 
December 15, 2021
$51 $4,950
(by end of 2022)
$7,300
(by end of FY 2025-26)
300 60 to 75
NU $66 $4,950 $7,300  
ON $10,235 $5,960 $9,320  

National Canada-wide early learning and childhood allocations are calculated based on projected 0-12 child population and include base funding of $2 million per province/territory per year.
Employment and Social Development Canada estimates. Savings estimates are relative to 2019 levels, are based on out-of-pocket parent fees and do not include amounts that would be recovered through provincial/territorial tax credits or the federal child care expense deduction at tax time, or changes to provincial/territorial or federal benefits as a result of lower child care expenses. Actual savings for families will vary based on factors such as actual fees paid prior to reductions.
  Employment and Social Development Canada estimates. Range of estimated early childhood educator jobs created is based on the average number of early childhood educators expected to be required per new child care space.
B.C. committed to creating 30,000 new spaces within five years, and 40,000 new spaces within seven years.
The Government of Canada has entered into an asymmetrical agreement with the province of Quebec that will allow for further improvements to its early learning and child care system, where parents with a subsidized, reduced contribution space already pay a single fee of less than $10 per day.
Employment and Social Development Canada estimates of federal investments and potential savings, should agreements be signed on equivalent terms to agreements signed to date. Child care spaces to be created (and in turn, early childhood educator jobs to be created) are subject to negotiations. 

Update The Governments of Canada and the Northwest Territories also announced an agreement shortly after the Economic and Fiscal Update 2021.

Page details

COMMENTS

  1. 6 Steps to Start Your Own Childcare Business in Canada

    Owning a daycare in Canada can be profitable, but it is dependent on a number of factors, including the location, the size of the daycare, and the demand for childcare services in the area. Before starting a daycare business, conduct market research and develop a solid business plan to ensure that it will be financially viable.

  2. How to Open a Daycare in Canada

    Yukon. To legally operate a family daycare home in Yukon, you can apply for a 1-year license by submitting a licensing package to the Yukon Government. To obtain this package, email [email protected], or telephone 867-667-3492.

  3. How to start a daycare in Ontario

    If you are planning to provide daycare or child care services, you can email the Ministry of Education to confirm whether you need to be licensed. In your email, include the following information about your program: description of the program, equipment and facilities. hours of operation.

  4. How to Start a Daycare: 12 Simple Steps

    Nunavut - for at-home daycare centres, submit the Application for a Child Care Facility License. Ontario - get a licence from the Ministry of Education if you plan on taking care of more than five children (13 or fewer). Prince Edward Island - get a licence from the PEI Early Learning and Child Care Board.

  5. Education/Childcare/Child Enrichment Business: Example Business Plan

    Writing a business plan will help you to identify your ideal customers and make clear your specialized services. To help you get started we've created an example business plan for a childcare business. Our example focuses on a company that offers a daycare enrichment program, but it will work as a framework no matter what childcare services ...

  6. The Insider's Guide to Starting a Successful Daycare in Ontario This Year

    1. Understanding the Daycare Industry in Ontario. Before you can start a daycare center, it's important to understand the industry and the regulations that govern it. In Ontario, a license is required for any child care program that provides care to more than five children younger than 13 years old.

  7. Daycare Business Plan: 10 Important Elements of a Complete Daycare

    Some of the information to include in the business overview is: Business legal name and trade name. Nature of the business to be done. Vision and Mission. Core values of the business. Business goals and objectives. Additionally, include details on your daycare concept and brand that you want to bring to market.

  8. How to Start a Daycare Business

    The Canada-wide Early Learning and Child Care Plan aims to build a community-based early learning and childcare system to improve access to high-quality, affordable, flexible and inclusive early learning and childcare. It has a community effect, as reasonably priced childcare is estimated to raise real GDP by as much as 1.2% over the next two ...

  9. PDF Starting a Child Care Business in Calgary and Surrounding Area

    4. It is desirable that daycare owners have at least a high school diploma Child Development Assitant (CDA) To be certified as a Child Development Assistant (formerly Level One ), you need to have completed one of the following: •Child Care Orientation Course •CCS 3110, 3120, 3130, 3140 and 3150 through Alberta high schools CTS program or

  10. How to Make a Child Care Business Plan: A Simple Guide

    The three primary elements that create a successful daycare are: Full enrollment. All fees are collected on time and in full. Revenue exceeds overall costs-per-child. Daycares that manage to achieve all three elements are essentially guaranteed to operate successfully. Keep these three focuses in mind as we proceed to discuss the specific ...

  11. Breaking Down the Steps to Starting a Successful Daycare Business in Canada

    Starting a daycare business in Canada is an exciting venture for those passionate about child care and education. This blog will guide you through the essential steps to establish your daycare business in Canada and explain how it can qualify under the C11 work permit. If you're considering this path and need legal advice or assistance, scheduling a consultation with Lawtiq.com at the end of ...

  12. Daycare Business Plan Template

    Opening a thriving daycare takes research, planning, and dedication. Our template guides you through key steps. Take time to thoroughly plan your programs, research competitors, create marketing plans, set enrollment goals, and model cash flows. Your business plan gives investors confidence and keeps your daycare on track for the long-haul.

  13. Daycare Business Plan Template

    A compelling & detailed pre-written Daycare business plan template in WORD. A full & automatic Daycare financial plan model in EXCEL you can easily customize. Customized text tailored to the daycare business. The ability to paste advanced charts and tables within a click. No accounting or specialized financial knowledge needed.

  14. Secure Financing with a Daycare Business Plan

    We are Canada-based business plan professionals and have helped hundreds of daycare business to secure funding for over 13 years. We bring decades of combined experience in helping start-up childcare centres plan their business and secure business loan financing from Canada's leading banks and financing organizations.

  15. Daycare Business Plan

    The executive summary is the first impression potential investors will have of your daycare business plan, so it's crucial to make it count. This section provides a concise overview of your entire plan and should highlight the key points that make your daycare stand out. Begin with a powerful mission statement that captures the essence of ...

  16. How to Create a Daycare Business Plan

    This seems simple, but it does take a lot of work and persistence to get results. To distill this process into 5 broad business categories for your daycare business plan: Understand your target customers. Identify the need of your target customers. Research your competitors.

  17. How to Start a Daycare in Quebec, Canada [Business Plan]

    In Quebec, the cost of subsidized daycare is $8.35 a day. At a non-subsidized daycare, the daily fees can range from $35 to $60. The Quebec Ministry of Finance has a tool that will calculate the daily cost of daycare after applying provincial and federal tax benefits and deductions. b.

  18. PDF Starting a Childcare Business

    1. Business Licence: ensures a business follows the City's rules and regulations. 2. Development Permit (zoning approval): tells you what you can build and how you can use a property. 3. Building Permit: audits plans and construction work so the business space is safe, accessible to all, and meets standards of the Alberta Safety Codes.

  19. Starting A Centre

    If you plan on opening a part-time, afterschool or summer camp program and would like clarification about the legal requirements related to child care licensing, you may contact the Ministry of Education at: [email protected] or 1-877-510-5333. In partnership with the Aga Khan Economic Planning Board for Canada and the Aga Khan ...

  20. How to Start a Daycare Center: 15 Steps for Success

    That said, here are 15 steps to starting your daycare center, even if you have zero experience. 1. Learn About Daycare Licensing Requirements. You might have started off as a babysitter or a nanny, but in order to start a full-on daycare business, you need to meet the proper licensing requirements in order to be legal.

  21. A Canada-wide Early Learning and Child Care Plan

    The government's plan to build a Canada-wide, community-based early learning and child care system will create new jobs and growth, and get parents — especially mothers — into the workforce. Affordable child care is estimated to raise real GDP by as much as 1.2 per cent over the next two decades. As of the Economic and Fiscal Update 2021 ...