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Day Care Center

Create a safe space for kids to play away from home with a day care center.

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Business At A Glance

Day Care Center
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 escalating cost of living has made child day care a booming industry simply because many families require two full-time incomes to make ends meet. Day-care facilities can be homebased, operated from a storefront or office location, or in conjunction with an established business or office complex. Investment budget, business objectives and demand will likely dictate what is the best operating location for you.

In the United States and Canada, day-care facilities as well as child-care staff must obtain proper licensing and certification to meet minimum operating requirements. Because every state and province has its own individual licensing requirements, you will need to contact your regional municipal offices to make inquires, or contact the associations listed on the next page to inquire about certification and licensing requirements in your area. Once your center is open, you will find that the problem is not finding kids to fill your facility, but having to turn down parents daily because you are at your limit. Word-of-mouth advertising is generally all that is required for marketing in this industry.

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Children

Online Nanny Service

Help busy mommies conveniently locate relief from the little ones.

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Business At A Glance

Online Nanny Service

Startup Costs: $10,000 – $50,000
Home Based: Can be operated from home.
Part Time: Can be operated part-time.
Online Operation? Yes

Business Overview

Operating your own home based nannyplacement service can be a magnificent way to build a prosperousbusiness. Nanny services are in high demand, and busy parents oftenhave no choice but to pay the costs associated with having a nanny carefor their children. There are three major roles to be filled by a nannyservice. The first, locating parents who are seeking the services of aprofessional nanny. The second role is that of an employment screener.

You will want to carefully look at all the nannies resumes and carryout reference and background checks to make sure they’re suitablecandidates. The third role is simple: place qualified nannies withparents who seek their services. There are various ways to charge fornanny services. The simplest and most straightforward is a one-time feepaid by the parents. There are other options, such as a percentage ofthe nanny’s wages, but this can be complicated and even lead topotential liability situations.

Additionally, by far the best way tobring these parties together is to operate this business as an onlineventure. Nannies and parents seeking nannies would meet via chat roomson the site and discuss their qualifications and needs. This servicewill require careful planning and research to develop a user-friendlysite that can return profits.

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Children

Children’s Personal Safety Courses

Good with kids and know how to keep them safe? Make a business out of it.

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Business At A Glance

Children’s Personal Safety Courses
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

Of course, we always hope that our children aren’t victims of criminal acts. Criminal acts can be in the form of personal attacks on our children or in the form of having children involved in a criminal act. This scenario can be the basis of your new business. You can hold courses for parents and children on how to prevent, react to and understand criminal behavior.

The courses can be conducted in a group environment or in an in-home ‘one on one’ basis. A great method for marketing these services can be to tag on to similar children’s courses in your community. For example, if a business, association, or group is holding neighborhood watch meetings, you can attend as a guest speaker with the focus of your presentation aimed at promoting your service.

Additional methods to market this service include using press releases about the business to gain interest and establishing alliances with police services and home alarm companies. Also, you will want to design a complete child personal safety guide that can be included in the cost of the course or consulting visit. The guide can become an invaluable marketing tool for promoting your business. Promote the guide as ‘professional’ and ‘exclusive’ to your business. Furthermore, a police, military or psychology background would be recommended for this business.

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Children

Pinata Sales

Add an element of fun and color to people’s celebrations with pinatas.

Entrepreneur

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Business At A Glance

Pinata Sales

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

Business Overview

What a great business and concept’-homebased, unique, low overhead, minimal startup costs, virtually nocompetition and no limitations on business growth and expansion.Thousands of children’s parties take place every day, and tapping intothis very lucrative market is easy. Simply develop samples of yourproducts and start knocking on doors. I will guarantee that you willfind little resistance to your product, and chances are the biggestbusiness challenge you will face is trying to keep up with the demandfor the piñatas. I suggest that you strictly focus on the wholesalemarket and establish accounts with retail children’s stores, partyplanners, and e-tailers. Try to get your product into as manymail-order catalogs as possible. Requirements: There are very fewrequirements in terms of qualifications to start and run this business.

The largest would be your creative ability in both manufacturing thepiñatas and how you will market the product. Of course, there arealways the safety concerns, so be sure to place prizes inside thatcannot harm, spoil or create potential liability for you. Start-upcosts: It should cost you less than $100 to develop your samples andpossibly another $200 to begin marketing your products. This is theultimate quick return on investment business. Profit potential: Afteran exhaustive search I finally found a piñata for sale in a children’sretail store (in excess of 30 telephone calls and an hour’s drive). Thepiñata retailed for $80 and was based on a birthday sports theme. Uponreturning home and careful examination, I determined that it wouldrequire about an hour to make the piñata, and $5 worth of materials.Inside this particular piñata was hard candy and a toy prize, maybeanother $2 to $3 worth. Even at $25 per hour, the total cost tomanufacture this product would be in the $30 range. This still allowsfor a 30 percent markup on your material costs and labor, while theretailer can maintain a 100 percent markup. Now you see why there willbe no problem in establishing wholesale accounts with retailers.

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