How to Start a Daycare Franchise in Your State with Unlimited Growth Potential
Today, starting a daycare franchise is essential to our children's future, and for our economy. According to the latest U.S census estimates, 62 percent of families in America have two parents employed, which means there is a continual and increasing demand for child care franchises. In 2019, it is estimated that 12.5 million children aged 4 or younger are in child care programs, accounting for a $57 Billion dollar industry in 2019 alone.
Why should you learn how to start a daycare franchise? According to Zero to Three, A child’s brain goes through an amazing time of development from birth to age three—producing more than a million neural connections each second.
The economic impact of early education in our country is very sizeable. Each dollar spent on daycare, childcare, and early childhood education yields approximately thirteen dollars in savings. Daycares, and other early childhood education programs generate $4.7 billion each year, An estimate of parent's annual earnings to support child care is approximately $24 billion.
While families across the country have strong access to public daycare, childcare, and early childhood education programs, Our country continues to thrive on having better access to high-quality daycare programs. This is why it is imperative to start a daycare franchise in your state, that can offer an outstanding curriculum, based on inquiry learning and fun.
As a leader in early childhood education, Creative World Schools daycare franchise opportunities offer you the unique ability to not only own a successful daycare franchise business, but to impact your local community as you partner with families in the education of their young children. Contact us today for more information.
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How to Open a Daycare Franchise - Process Overview
1. Learn The Daycare Requirements in Your State
Before starting a daycare franchise in your state, you'll first need to learn the requirement to start a daycare franchise. Laws are different in every state but they are similar to preschool, and early childhood education laws. You can find your state requirements online or calling the Department of Health and Human Services directly. In most states, you will need to complete an application for licensing, pay the fee, and submit to a criminal and child abuse background to get your license.
2. Be Sure to Meet Educational Requirements to Open Your Daycare Franchise Business
To successfully start a daycare franchise, the director of a daycare must meet educational requirements or some college credits in the education field. Every state is different so be sure to do your research.
3. Secure a Business License to Open a Daycare Franchise in Your State
Getting a license gives you the ability to own and operate your daycare business in your area. This is essential to obtain before beginning your journey to start a daycare franchise in your state.
4. Draft Up a Business Plan
Write up a business plan for your future daycare business. Plan out how you are going to launch the business and include all startup costs and marketing. Include details about paying licensing fees, salaries, rent, or a mortgage until your daycare business starts turning a profit. Don't forget to include hours of operation and other policies such as holiday closings.
5. Pick a Great Location
A great location is one of the keys to success when starting a daycare franchise. You'll want to choose your location based on the number of families and children that are in your area. Check your state standards on how much space you will need based on the number of children you plan to have enrolled in your daycare.
6. Purchase Office Equipment, Furniture, and Supplies
Your daycare center will need child-sized chairs and tables in addition to educational toys and games, nap mats, cribs, and books just to name a few. Office equipment will be extremely important to the operations of your daycare, so don't forget to purchase computers, printers office desk and chairs.
7. Hire Well-Qualified People
You will need to make good hiring decisions for your daycare. Depending on the size of your school and the number of classrooms, you may need to hire a daycare teacher to work in each room in addition to aides to help to monitor the classroom.
8. Get Insurance for Your Daycare
Work with an experienced insurance agent. You will need liability insurance to cover any damages to the building and any injuries that may occur within your business.
9. Safety Equipment Installation
Safety should be your number 1 goal. Make sure you have security cameras, fire extinguishers, smoke/carbon monoxide detectors, and lock medicine cabinets.
10. Spread the Word and Advertise
When learning how to start a daycare franchise in your state, marketing should be a priority. Allocate a marketing budget that covers postcard mailers, flyers, website development, digital ad platforms such as Facebook and Google Ads, and local advertising. Most businesses fail because they run out of capital due to the lack of new customers leads.
This was a basic overview of things you will need to think about before starting a daycare franchise in your state. However, keep in mind that there may be many more steps involved to successfully open your early childhood education business, depending on your goals and your particular area. At Creative World School Franchising, we will show you the way into running a successful daycare franchise. You'll know exactly what to do at every moment with Creative World School in your corner. Our professional and friendly team members offer support rarely seen in the childcare industry and will ensure your success in becoming a daycare franchise owner.
Open a Creative World Daycare Franchise
Our schools are not just beautiful, they are built to optimize classroom flow throughout the day. Our youngest classes are along the back of the building and each room has direct access to their age-appropriate playground. Along the sides of the school, our preschool and pre-k children rotate between their room, their own playgrounds, and the amazing Exploratorium™ in the center of the school. As classes switch from one space to another, the children have new opportunities to socialize, explore and learn from new experiences each day.
The classrooms serve as the main hub of activity throughout the day. Everything inside each room is child-sized, right down to the chairs, tables, hand washing sinks, and bathroom fixtures! When it’s time for snacks and lunch teachers facilitate family-style meals in their classrooms with the children, giving plenty of opportunities to practice sharing, manners, and social skills.
Once you have had an opportunity to tour our school, we are confident that you will not only be amazed by our incredible Exploratorium™ but the way our systems and operations are integrated throughout the day. Through strategic enrollment, you will have the ability to maximize your revenue generated by each age group as you deliver quality early childhood instruction.
Top Reason Why You Should Start a Daycare Franchise in Your State with Creative World School
1. Tiered Royalties
Revenues are royalty-free until you have 75 children enrolled- a feature that no other preschool franchise offers. After this point, we have a tiered system starting at 5% and capped at 7%. Our rates are sensible and allow your business to grow quickly.
2. Site First, Paperwork Later
There is no franchise fee until we find a site for your new preschool. No other preschool franchise offers this! We assist you in finding a site and are with you throughout the entire construction process, from your purchase to your grand opening.
Exclusive to Creative World School, our Exploratorium™ "wonder room" is the centerpiece of our buildings and the core to our educational philosophy. This bright and interactive space is where our Preschool and Pre-K students practice hands-on iSTEAM learning every day.
4. We Are Family
We’re a family-owned business and our Franchisees are family too! You won’t find a big corporation with hundreds of locations where no one knows your name. You will interact and collaborate with our Corporate Team, even our CEO.
5. You Will Never Be Alone
With nearly 50 years of child education experience behind us, you will have the support of our entire team to run a successful school. In addition, you will have a dedicated coach to guide you every step of the way.
6. A Perfect Record
Failure is not in our vocabulary! No Creative World School franchisee has ever failed and no franchisee has ever defaulted on a loan. Our entire team is focused on your success. We believe that we are successful only when our schools are successful.
7. Every Day will be an Exciting Adventure
Families and children love to interact with our Owners, so get ready to see smiling faces and hear the laughs and giggles. Every day, our world is full of new and exciting discoveries as children explore and investigate through our classroom inquiries. We believe in the importance of discovery moments and are passionate about the educational power of purposeful play.
8. If You Have No Experience It’s No Problem
Don’t worry! We don’t require prior experience in education or childcare. Our team will provide the tools and training you need to lead a high-quality early education school in your community. Your business coach will guide you to hire a balanced team of leaders and educators. Ongoing training resources are part of our turn-key package to set you up for success. All you need to bring is the passion to make a difference, and we will equip you with the tools you need!
9. A Proprietary Curriculum Backed by the Latest Research and National Accreditation
The basis for our educational approach is that children have an unlimited potential for learning, and are eager to explore and discover the world around them. We believe rich content is the foundation for learning. When we encourage children's curiosity, they become lifelong learners and are able to adapt to a wide variety of teaching styles.
10. Our proprietary curriculum, The 3 E’s: Foundations of Excellence™, is research-backed and focuses on the inquiry learning method. We believe it is an exceptional way to give children the best possible start in life. We start with what children know and their questions. Field studies and real-world experiences jump-start learning, which is extended as children playfully explore their chosen subject. With the support of their teacher, each day is full of powerful learning moments. Every day in our World is full of new and exciting discoveries!