The Different Kinds of Childcare
Babysitting generally refers to more informal childcare. It is often where people first start out in childcare, often taking care of family members.
Nannying is well-paying but takes a large chunk of your time away as many nannies live with the family. Nannies focus on cooking and cleaning.
A majority of daycare is done out of the home and is a very affordable option for those looking to start a business and maybe make some side money while taking care of their own children.
Startup costs can range from $10,000 to $50,000 depending on requirements and leasing costs. Either option generally requires licensing to avoid legal trouble, usually with 3 or more children under one’s supervision.
Starting an afterschool program involves its own legal challenges and a partnership with your local school district to operate.