Archive for the ‘Articles’ category

Daycare Business Plans – How to Start a Daycare Business

April 30th, 2010



Want to know how to start a daycare business? Running a daycare can be very rewarding and a lot of fun. There are five rules that need to be followed for your daycare to become a success.

1. There are those who imagine babysitting as a day spent reading storybooks and watching children play. The truth is you will spend much of your time wiping noses, and finding lost socks. People who have had little experience with children should start small. Take care of two or three children in your home for a minimum of three months. After this time, decide if a daycare is truly what you want.

2. Every region has laws regarding daycares. It is vital to comply with adult to children ratios, criminal checks, safety codes and liability insurance. Whether you choose to open your home or lease a building, building and fire codes will need to be met. Talking to a lawyer will ensure that you understand and can abide by all regulations. Laws tend to change frequently, so volunteer your daycare for regular inspections to confirm total compliance.

3. You will need to take childcare and first aid courses, too. These courses will enable you to react accordingly to any medical emergency that may arise. Every employee hired must complete these courses as well. Although a child psychology course is not usually required, this knowledge will help you to recognize signs of abuse, learning deficiencies and behavioral problems.

4. You will be required to provide appropriate toys, sleeping arrangements, arts and crafts, and toilet facilities. You will also need to know how children will get to and from school. Consider, too, the hours your daycare will be open. Some daycares are 24 hours to accommodate parents with shift work while others are open only from 8:00 am to 5:00 pm.

5. Taking a business and a marketing course is another important part of making your daycare a success. A business course will teach you what to charge, how to budget and will educate you in bookkeeping. The marketing course will teach you how to advertise your business effectively.

Now that you know the 5 rules on how to start a daycare business, follow them and surely your daycare will be a success. Satisfaction will belong to both your clients and yourself.

By: John Hughes

Small Business Starting – How To Determine Which Business Is Right For You 2

April 29th, 2010



Here are seven areas to consider when trying to determine which business is right for you. You should sit down with pen and paper and examine these experiences by making a list in the following categories:

1) School experience – What was your favorite subject in school? What did your school teacher say about your talents and capabilities? You may not realize it but you have some background in certain subject areas that you can use to run your own business. Let’s evaluate some of your classes to see what experiences we can gather from the courses that you took while in school. You may have a lot of training in areas such as interior decorating, computers, accounting, catering, auto mechanic, and photography. Now would you like to start a business in any of these areas?

2) Work experience – What jobs have you held either currently or in the past that you enjoy? You can use the skills from these jobs to run your own business. Review your evaluations for your strengths that may be transferable to your business. You are probably doing something unique that no one else is better at doing than you. If so, why not establish your own business offering this same type of service. Do you have cooking experience? Why not establish your own catering business. Do you like working in sales? Then choose a product that you would like to sell to the public and offer it in your business.

3) Money – Does money matter when starting a business? The answer is “Yes, money matters.” If you have the amount of money you need to invest in a business, you are more likely to be successful in it. Having enough money to finance the business is a major factor in the success of the business.

4) Interests and hobbies – Knowing your likes and dislikes is helpful in choosing the right business. What are your hobbies? Examine your hobbies to see if any of them can be turned into a business. For instance, if you like working with plants and arranging flowers as a hobby, you can probably start a flower shop. This way you can do what you enjoy and get paid for it.

5) Volunteer – Where have you volunteered your time and service in the past? What did you like most about it and what did you learn from it? Examine the places where you did volunteer work to see what you gain from it and whether or not you want to turn this experience into a business venture.

6) Skills – Try to get enough skills so that you will not make fatal mistakes that could cost you a lot of money later as the business progresses. Once the business is started, you can hire other people who have the skills and strengths that you lack. Most managers do not come into the business with knowledge and experience in all areas of the business.

7) Personal skills and experiences – Certain skills and experiences are critical to the success of a business. Since it is unlikely that you possess all the skills and experiences needed, you’ll need to hire personnel to supply those you lack. There are some basic and special skills you will need for your particular business.

By: Dr. Mary E. Waters

Building a Brand – Business Identity

April 28th, 2010



The importance of a professional logo design for a business is often over looked. If you are planning to build a strong business identity or brand then you will need a solid foundation to build from.

A logo is this very foundation for a business identity / brand. If you want to portray a professional identity through your marketing material such as letterheads, business cards, brochures, leaflets and a website then you will need a professional foundation to build from to begin this branding.

Your business stationery and marketing items will be designed around your logo design so as to build a stronger identity for your business that is to become recognisable by your clients and customers. If you have a poor logo design then it is very difficult and sometimes close to impossible to create a professional business identity in the eyes of your intended market.

A logo design is a symbol, a visual representation of your business that should communicate something informative and meaningful. An experienced Logo Designer can even communicate through a logo design your business ethos or an individuals personality, which can help to win business from individuals and organisations that share the same beliefs. It is a good idea to consider your Logo Design budget within your business plan as a logo design should be seen as an investment for your business that will help to win new business through your Company’s enhanced identity. It is all too often the case though that smaller businesses cut this very important corner and begin their own branding with a poor logo design which only leads to the realisation that it will cost far more to upgrade their Company’s identity now that the logo branding has begun.

If you do have a lower budget then it would be best to reduce the amount invested in other areas of design work such as leaflets and brochures which will need changing from time to time anyway. The best advice when it comes to building a visual identity / brand for your business is to begin with a solid foundation so that the necessaries are there at a later time to build from.

By: Sam J Logan