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Opening a daycare center will most certainly require a loan, as 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. We provide some information about licensing in another course, but every state and city has its own rules and you may need to do your own research. We’ll help as much as we can, though!

Tips

  1. Starting a daycare center can cost from $10,000 to $50,000
  2. Licensing is necessary to aquire funding 
  3. License requirements vary by state