Any one has any experience owning/running a Day Care...

that's a great idea.


but im sorry that i have nothing else to add

 

My aunt tried it. (more specifically montessori) to much competition she had to close it within a year.

 

just out of curiosity, how would you deal with the seperation issue? i mean, if healthy billy wants to see sick tommy, would they still be able to visit?

 

my wife works with birth to three and preschool children at varying facilities. ccc-slp dr abc 123...i can't keep track of half the letters past her name. anyway the stories are enough for me to never send my kids to a 'day care' facility. the staff is a nightmare due to little or no training or requirements. individual childs needs can tax the staff.

competition, however alot of the 'cookie cutter' outfits are worse than a private small one. the need for a 'curiculum or activities' can take costs up. and if the parents are at a certain income level the state covers a small cost and you eat the rest.

check out the facilities around you and see whats going on. i know our pediatrition got tired of HMO's and will only take PPO's end of story. i pay more but he's available 24/7 and has a finite patient list.

she also works at hospitals and covenant care facilities. prefers the children, even with the problems.

if you have extra space you could have two entrances, sick/healthy. beyond that the day care idea could cause more trouble than it's worth. if your on a HMO and PPO plus walk-in status, how do you seperate those who can afford and those on welfare? the low income group could complain that your not servicing thier needs.

ahh the stories i could tell, i'll save it for P&R.

 

unless i missed it, you own the building. if so lease it out and don't get involved with the buisness beyond that. medical suites can generate good cash flow.

 

My MIL has run a daycare out of her home for 20 years. The first thing you need to look into is the certification requirements and building codes. Rightfully so, there are some serious restrictions and requirements specific to the day care industry. Plus, there is ongoing annual training required in order to maintain your daycare license. You'll be hard pressed to find a business where the staffing selection is more critical. But, if there is a strong demand for day care in the area, it could be worth it. Keep in mind that realistically you'll probably need at least a year to get it running. Another possibility could be a Gymboree-style location.

 

Actually, I have a better idea for you. My sister is about to do this with her practice. She is an OB/GYN with an all-female practice. They are taking over the 7500 sq/ft adjacent to them and creating a spa-type facility targeted towards moms. It will include psychology, physical therapy (yoga, pilates, etc.) massage/spa services and things like that.