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Where should you start?Step 1: Contact the Licensing Agency for your county (see right hand column for contact info)Step 2: Decide if you can start small and be an exempt provider.Step 3: Begin the setup process for your daycare.Step 4: Open your small daycare.Step 5: When you are ready, move to the licensed status.More items...
Mississippi. Mississippi has some of the lowest child care costs by state. Infant care costs just $453 per month, and child care for a four-year-old comes in under $400 monthly at most child care centers.
A license is required if you care for six or more children who are less than thirteen years of age, for any amount of time of the day or night, who are not related to you (children, grandchildren, great-grandchildren, brothers/sisters, nieces/nephews).
A license is required if you care for six or more children less than thirteen years of age, for any part of the twenty-four- hour day, who are not related (children, grandchildren, great-grandchildren, brothers/sisters, nieces/nephews) to you.
The Pros & Cons of Owning a Daycare BusinessNot a lot of required education.No daycare for your own children.High demand for childcare that will never go away.You are your own boss and set your own salary.With an in-home daycare, some household expenses can be tax write-offs.Highly rewarding career.
Certifications Needed to Open a DaycareDiploma or GED.Family Child Care Home License (in-home daycare)Food Handler Certification.First Aid and CPR Certifications.General Business License.Group Family Child Care License.Health and Safety Permit.Director's License.
While daycare centers can be and often are profitable when well-run, they offer investors something just as important. Daycare investors can help shape a child's life. Research has repeatedly shown that early education gives children a better start.
Owners of daycare centers profit an average of $37,000 per year. While some owners of daycare centers report earning over $60,000 profit per year, the other side of the spectrum reported hauling in less than $20,000 profit. There are several factors that lead to these numbers including location, size, and demand.
While some prefer to and choose to be a stay-at-home mom, those who worry whether the financial tradeoff is worth it should take heart. A new study led by Nobel Prize winning University of Chicago Economics Professor Joseph Heckman shows that an investment in high-quality daycare is worth it.
In Mississippi, a daycare license is required for anyone caring for six or more children under the age of thirteen (this does NOT include children related to the caregiver). Meet the licensing qualifications for the state of Mississippi. Qualified individuals have to be at least 21 years of age.