Daycare Business Plan in Nigeria

Daycare Business Plan in Nigeria

With the steady rise in the number of working parents and schooling mothers comes an increasing need for quality daycare services.  And with this need comes an avenue to make money.

Also Read: How to Make Money as a Nanny in Nigeria

Starting and running a child daycare is often a challenging career. The most important criterion for running a successful daycare centre is dedication, patience and lots and lots of love for kids. You can start this business in your home as long as you have enough space for it. But you might need to do some renovation to make it suitable.

If you are thinking of starting your own daycare centre and have no prior practical experience of working with kids, then I strongly advise that you first get a job as a nanny.  Because having references of previous involvement will increase the credibility of your business both for the parents and for the state’s regulatory agencies in Nigeria. So take time out, work as a nanny for different families or as a kindergarten teacher in any school or in other reputable daycare centres.

So if you’re interested in starting a daycare business in Nigeria, this article can help you plan, prepare and run your business. It explains the process of beginning the business, from evaluating the need for child daycare services to choosing the type of service and setting up your business.

Getting Started – Write a Business Plan

Before you start your daycare business, it is vital that you draw out a clear detailed business plan. It should cover everything pertaining to starting and running your daycare centre. Your business goals, objectives and the necessary steps to take in achieving these goals should be properly laid out. Take some time out and do a proper feasibility study and write a daycare business plan. If you don’t know how to write your own business plan, you can order our daycare business plan now!

To place order, pay N10,000 to:

BANK NAME: FIRST BANK PLC

ACCOUNT NAME:  CHIBUZOR TOCHI ONYEMENAM

ACCOUNT NUMBER: 3066880122

After payment, send your full name, email address and topic (i.e. daycare business plan pdf) to 07033378184. Your business plan will be forwarded to your email within 10 minutes of payment.

Research Other Daycare Centers in Nigeria

You would also need to visit existing reputable daycare centers to give you more practical knowledge. Many successful daycare business owners don’t mind sharing ideas and giving tips to young entrepreneurs. Observe room layout, equipment, staffing, health and safety procedures. Take the best ideas from different daycare services and inculcate them into your own.

Licensing Requirements

Check with the appropriate regulatory bodies for requirements and restrictions. Get guidelines and tips on policies relating to your business.  A state agency representative may be assigned to inspect your daycare centre, so be ready for such visits. Take advantage of the situation by asking the representative any question that might give you a better insight into what the agency is really looking out for.

Choosing a Location

Are you planning on running a home based daycare or working from a commercial location? Whichever be the case, you would want to be as close to your target market as possible. Get a place that has lots of space because you will need to factor in the play room, quiet room, storage area, toilet area and office area. It will be a plus if the place also have an outside play area as kids like the outdoor.

What will the daycare business cost?

You will need money for the following;

• Location
• Equipment and supplies (e.g. office equipment, cleaning equipment, indoor and out outdoor toys, foam, mats, children’s books, baby toiletries, crayon, color pencils, painting brushes , TV, DVD player with sing-alongs)
• Kitchen supplies
• Permits and taxes
• Employee salaries
• Furniture (e.g. beddings and cots)
• Utility bills
• Insurance and Advertisement

Note: All baby accessories should be of soft surfaces and the toys should be age appropriate.

Staffing

The number of staff you would need will depend both on the number of children in your care and their age group. The higher the number of children, the more staff you will need. Subsequently, the younger the children, the more staff you will need. Only trained and experienced personnel should be employed. Also include at least a qualified nurse.

Charging your Clients

Ask yourself how much profit you wish to make from your daycare center. Put into consideration the following factors;

• The size and quality of your programme
• Age group (infants, toddlers or pre – schoolers.). Rates for infant care are usually higher as more time and effort is involved.
• Duration of time for the services rendered
• Feeding arrangement. i.e. if you are the one providing food for the kids.
• Find out what other daycare centers are charging, then find a balance.

Depending on what suits you the most, you can charge on either weekly or monthly basis.

Advertising

Advertisement is very important especially when your daycare business is new. As time goes on, the quality of the services you render will always speak for itself. Word of mouth, newspapers and magazines, fliers, business cards, radio/ TV adverts are all ways to advertise your daycare business.

Safety and Management Tips

• The essence of having a clean environment cannot be over emphasized. Every physical contact items with kids should be kept clean and germ free at all times. Did you hear me? All times!
• All electrical outlets and cords should be appropriately sealed.
• Pets and animals should be kept as far away from children as possible.
• If you are going to be providing food for the kids, food allergies of each kid should be known. Provide also only healthy foods
• Outside play area should be well fenced away from the street.
• Ask for a child’s medical history report before admittance.
• In case of accidents and emergencies, there should be a medical permission form signed and approved by the parents that allows you administer first aid or take the child to the hospital as the case may be.
• Keep proper records of everything pertaining your to business
• At the end of each month, review them to know the rate of growth of your business.
• And most importantly, keep every child safe and happy!

Hurry now and order your own daycare business plan in Nigeria. To place order, pay N10,000 to the bank accounts provided below:

BANK NAME: FIRST BANK PLC

ACCOUNT NAME: CHIBUZOR TOCHI ONYEMENAM

ACCOUNT NUMBER: 3066880122

OR

BANK NAME: GUARANTY TRUST BANK (GTB)

ACCOUNT NAME: CHIBUZOR TOCHI ONYEMENAM

ACCOUNT NUMBER: 0044056891

After payment, send your name, email address and title of business plan (i.e. daycare business plan pdf) via text to 07033378184. Your business plan will be sent to your email within 10 minutes after payment. Thank you.

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