Home Daycare
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Home daycare. Today it s a way for many parents who prefer to stay at home. In home day care services can range from informal arrangements like the retired neighbor who watches a handful of local. When my son was born after some serious soul searching my husband and i decided to take the stay at home mom plunge.
Home daycare also known as family daycare is exactly what it sounds like daycare in a home instead of a center. While getting started required some effort and work think licensing permits and. Many home daycare centers are sole proprietorships.
You will likely need to pay attorney s fees and higher taxes but your own property will be protected. A home daycare can be a great business opportunity for aspiring entrepreneurs who love children. I knew i would still have to find a way to earn an income while i was raising my baby boy so learning how to start an at home daycare seemed like the next logical step and a great choice.
This arrangement has been around as long as parents have had neighbors and friends nearby to help care for their kids. While this is the easiest and least expensive structure it means that you will have to file both business and personal taxes together.