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Child Care Service

Love working with kids? Start a child care business.

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Business At A Glance

Child Care Service

Startup Costs: Under $2,000
Home Based: Can be operated from home.
Part Time: Can be operated part-time.
Franchises Available? Yes
Online Operation? No

Business Overview

If you love kids, you’re a Big Wheels and Barney fan, and you’ve gotpatience to spare, then you can help parents in your area hit theworkplace with easy spirits with a child-care service. You’ll care forkids in your home, providing a safe and loving environment as well assnacks and meals. Some child-care services offer child developmentactivities; others provide extended or 24-hour service for parents whowork the late shift.

Still others combine senior care with the tot set,giving both generations the chance to enjoy and learn from each other.The advantages to this business are that you can work at home; yourstartup costs are low; if you have kids of your own, you can work andcare for them all in one; and you get the joy of watching little peoplegrow. You’ll need a genuine affection for the crayon set–if youhaven’t got it, you’ll burn out quickly–as well as patience and themind-set to enjoy being at home all day with only tots to talk to. Youshould also have a good working knowledge of child care, childdevelopment and psychology. (You needn’t be a trained pediatrician, butyou’ll have to know the basics, things like the difference betweenteething and an illness-induced fever and at what age children learn toshare.)

The Market

Your customers will be working parents and grandparents withpreschoolers to be cared for. Post fliers on church or temple bulletinboards and place ads in their newsletters. Network among friends andneighbors; have your spouse or significant other spread the word atwork and at professional and civic organizations. Place an ad in yourlocal newspaper. You can also target local businesses. Send lettersextolling the benefits of paying for employees’ child care withyou–you’re close at hand so employees won’t be late arriving or earlyleaving work, and with your exceptional care, there’s no lostproductivity worrying about Junior.

Needed Equipment

Depending on your locale, you may need licensing, certification,inspection or some combination thereof. Be sure to check beforeembarking on your business. Even if it’s not required, you should takecourses in CPR and pediatric first aid. You’ll need to install safetydevices in your home, including smoke detectors (if you don’t alreadyhave them); fire extinguishers; first-aid kits; gates around pools,spas or other hazards; stairway gates; outlet covers; and safetylatches on cabinets and cupboards containing any potentially dangeroussubstances or materials. Once safety’s accomplished, you’ll want tothink entertainment. Stock up on development-oriented toys, kid videos,tot-sized tables and chairs, and arrange adequate sleeping quarters foryour prospective charges.

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Children

Stuffed Animals

Still remember your first stuffed animal? Kids may love technology, but a handheld game system isn’t very cuddly.

Entrepreneur

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Business At A Glance

Stuffed Animals

Startup Costs: $2,000 – $10,000
Home Based: Can be operated from home.
Part Time: Can be operated part-time.
Online Operation? No

Business Overview

There are a few different approaches thatcan be taken when considering starting a business that focuses onselling stuffed animals. The first approach is to design andmanufacture the stuffed animals yourself. The second approach is topurchase stuffed animals on a wholesale basis and resell them for aprofit. The third approach is to purchase antique stuffed animals andresell them for a profit.

All three approaches have great opportunityfor business success, as stuffed animals new or old will always be inhigh demand by collectors and consumers alike. The profit potential isoutstanding, especially if you can locate a good source for antiquestuffed animals, as it is not uncommon for antique teddy bears to sellfor as much as $1,000 each.

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Children

Custom Play Sets

Get paid to make children’s playground dreams come true.

Entrepreneur

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Business At A Glance

Custom Play Sets
Startup Costs: $10,000 – $50,000
Home Based: Can be operated from home.
Part Time: Can be operated part-time.
Online Operation? No

Business Overview

The demand for custom designed and constructed children’s play sets started to boom a few years ago, and these play sets still continue to be a hot seller today. In order to compete for market share in this industry, you will need some very elaborate play set designs and very ingenious marketing strategies. The higher-end multistation play centers seem to be the most popular, thus commanding the largest retail dollar. This may indeed create your niche.

You can design and manufacture a smaller, more compact and affordable version of the large play sets to promote and market. Home and garden trade shows are probably the best bet, in terms of marketing the play sets. Displaying unique and interesting products at trade shows can generate substantial sales leads and interest in the products. Requirements: The main requirements to launching this type of business endeavor are as follows: design abilities, manufacturing equipment, skilled staff and adequate transportation. Likewise, you will also have to commit a large amount of time to researching the market and consumer buying habits and trends prior to starting the business. Profit Potential: This type of specialized manufacturing business can generate profits greater than $100,000 per year, providing the business and market have been properly researched and established.

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Children

Talent Agent for Children

If you like working with kids and can spot talent, helping children get their big break could be the business for you.

Entrepreneur

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Business At A Glance

Talent Agent for Children

Startup Costs: $2,000 – $10,000
Home Based: Can be operated from home.
Part Time: Can be operated part-time.
Online Operation? No

Business Overview

Are you searching for a low-investment homebased business opportunity that has the potential to be a lot of funand potentially very profitable? If so, perhaps you should considerstarting a talent agency for child actors. This type of business is avery easy to start and there will certainly be no shortage of potentialclients as many children dream about hamming it up for the camera.

Currently, agents for child actors are charging a commission rate ofbetween and 10 and 20 percent of their client’s earnings. Many agentsalso represent children in this modeling profession as well thoseinvolved in voiceover work for radio and TV. To gain exposure toproducers and directors for the business, start an e-mail, letter andpersonal visit campaign promoting your talent agency, clients andservices.

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