Preview

Owning a Business

Powerful Essays
Open Document
Open Document
2700 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Owning a Business
OWNING YOUR OWN BUSINESS WITH EMPHASIS ON CHILD CARE CENTERS INTRODUCTION
This paper will discuss ways in order for you to become a business owner as well as how to start your own child care center. Owning a business is not an easy job. There is actually a very complicated and long process to become a small business owner. Before you start to think about what you want to do, you need to ask yourself if you will be committed to this venture. If you are then proceed on with your business however, if you are not then owning a business is probably not for you. With owning your own business, your going to have less personal time then you had previously. Here are some reasons people become entrepreneurs. Many people have a strong desire to be independent, they would rather be their own boss because they don't take orders from others well. Owning a business is also a chance for owners to work at something they enjoy, they aren't shoved behind a desk doing filing work for eight hours a day. You are free to operate at your own paces with your own business. Depending on the type of business you own, you have a great opportunity to accumulate great wealth.

Purpose and Scope
The purpose of this report is to inform readers of the options available to people who want to own their own business. There is also a growing need for child care. So with this need more and more people are deciding to open up child care centers. In this report I will lay out steps in how to start your own business, and what to do from there. Also, pros and cons to owning your own business.

Sources and Methods
In order to give the information needed to start your own business, I have searched many journals as well as business related books. Internet sources have also help get information. I have also conducted an interview with an owner of a child care center.

GETTING STARTED
Choosing what kind of business to open is the most important decision to make. Just because you like

You May Also Find These Documents Helpful

  • Satisfactory Essays

    This form will be used to help you plan to create the child care center for the Unit 4 Assignment. Additionally, this form will be partly used to grade the group on the Professional Competency Outcome 1.1: Engage in a team setting with professional integrity and respect…

    • 199 Words
    • 1 Page
    Satisfactory Essays
  • Satisfactory Essays

    Sources of support and information for the setting up and running of my home based childcare…

    • 513 Words
    • 3 Pages
    Satisfactory Essays
  • Satisfactory Essays

    FAQ 1211

    • 2106 Words
    • 9 Pages

    You want to launch your own business, but have you done your homework? Get ready by doing the research and planning that will help you get started.…

    • 2106 Words
    • 9 Pages
    Satisfactory Essays
  • Satisfactory Essays

    Cypop5 Syllabus

    • 585 Words
    • 3 Pages

    1.6 Identify sources of support and information for the setting up and running of your home based childcare business.…

    • 585 Words
    • 3 Pages
    Satisfactory Essays
  • Powerful Essays

    There are few barriers to entry and expenses are low, so the childcare industry is a licence to make money. A Gold Coast real estate agent and 'child-care specialist', Bryan Hayden, says: 'I've got a client and he's got 20 bottle shops, 10 hotels and three child-care centres. I say to him, 'I'm 77 and the child-care business is the best business I've ever seen in my life.' The Government pays subsidies, the parents pay you two weeks in advance and property prices keep going up. 1…

    • 6940 Words
    • 28 Pages
    Powerful Essays
  • Satisfactory Essays

    When running a childcare facility it is necessary to ensure that you are providing the kids with a safe, healthy learning environment. A child’s abilities is continually shaped and growing due with the help of their care providers. As a care provider you can easily develop a safe, healthy learning environment by making sure you are abiding by state laws and consistently helping kids get better safety and health habits. By making sure each of these areas are covered you are ensuring that the kids are going to be constantly learning whether they know it or not.…

    • 467 Words
    • 2 Pages
    Satisfactory Essays
  • Powerful Essays

    • Sources of support and information for the setting up and running of your home based childcare business…

    • 1999 Words
    • 8 Pages
    Powerful Essays
  • Satisfactory Essays

    Why do people choose LLC?

    • 717 Words
    • 3 Pages

    To start off a business many people will find help in their world of connections to make their business become something. It is the most simple start people start with other then sole proprietorship. When someone wants to keep a business with in the family they will most stay a sole proprietorship and pass it on to the next generation that generation to the next. Then again if they want their business to grow bigger they will become a corporation or LLC.…

    • 717 Words
    • 3 Pages
    Satisfactory Essays
  • Powerful Essays

    Nearly twenty years ago I was one of the only ‘stay at home moms’ in my neighborhood. I began to be asked by friends and neighbors to watch their children, so after my third child was born I had my home licensed as a large family day care. I qualified for the larger capacity license because of the many years of volunteer experience working in my children’s classrooms and teaching Sunday school. While working as a home daycare provider I decided I wanted to someday be able to teach preschool or have a childcare center outside my home. I researched the requirements and discovered that I had a long road ahead of me. The first step was to get…

    • 1470 Words
    • 6 Pages
    Powerful Essays
  • Good Essays

    CACHE UNIT 8 E2

    • 1079 Words
    • 5 Pages

    ‘’Child care (or "childcare", "child minding", "daycare",or "preschool") is the caring for and supervision of a child or children, usually from newborn to age thirteen. Child care is the action or skill of looking after children by a day-care centre, babysitter, or other providers. Child care is a broad topic covering a wide spectrum of contexts, activities, social and cultural conventions, and institutions. The majority of child care institutions that are available require that child care providers have extensive training in first aid and are CPR certified. In addition, background checks, drug testing, and reference verification are normally a requirement…

    • 1079 Words
    • 5 Pages
    Good Essays
  • Powerful Essays

    Organization and Management Staff Qualifications Health Assessments and Immunization Number and Group Size Criminal Reference Checks Building and Accommodation Equipment and Furnishings Policies and Procedures Playground Requirements Inspections Insurance Requirements Fire Safety and Emergency Information Health and Medical Supervision Nutrition…

    • 9676 Words
    • 39 Pages
    Powerful Essays
  • Satisfactory Essays

    We have many rules and have many pieces of training to attend to make us more aware of things that we need to be polished on. I go to trainings every other weekend, because we are supposed to have twenty-six hours, and we have to be certified in CPR and First Aid. There are many steps that we have to follow to keep the daycare clean and manageable for anyone around. Some rules are more important than the others, because if we do not follow them the state will give us a deficiency for not doing things like we are supposed to. There is a website that can help you search for a daycare, and it will show you how many deficiencies they have, or if they have been closed down. We have a lot of child protection that will keep the kids from getting hurt…

    • 188 Words
    • 1 Page
    Satisfactory Essays
  • Good Essays

    Having a business mindset, taking risks, having patience and a good amount of financial means is just the start to starting up a business. Becoming an entrepreneur of any sort is not as easy as most people would think. An important decision an entrepreneur makes is deciding the type of business to create or go into. The business types that will be explained are sole proprietorship, partnership, limited liability partnership, Limited Liability Company, S corporation, franchise, and corporation. Each business type will be given a scenario as well as a justification as to why that type of business is preferred.…

    • 1884 Words
    • 8 Pages
    Good Essays
  • Powerful Essays

    Informative Speech

    • 1445 Words
    • 6 Pages

    Six months ago, corporate daycare facilities were cleaning out my bank account. I was losing the ability to pay for gas, rent and my utilities because all my money was going towards my son’s weekly daycare tuition. My parents could help me scrap on by here and there but that wasn’t there responsibly. It was then that my mother suggested that I should look into putting my son into a local licensed in home daycare facility opposed to a major corporate daycare facility. I was a little skeptical at first, but I was willing to look into a facility that could possibly save me a lot of money. I’m not an expert on daycare facilities but with my experience of working for a franchised facility and being a single mother and college student on a budget, it has given me the knowledge to advise others. For the purpose of my speech, I want to inform my audience on the different types of daycare facilities, the tuition and what to look for in choosing a facility.…

    • 1445 Words
    • 6 Pages
    Powerful Essays
  • Powerful Essays

    Mama Bear Case Analysis

    • 1459 Words
    • 6 Pages

    4. They have a tie-up with the most reputable and well-known companies in the Philippines…

    • 1459 Words
    • 6 Pages
    Powerful Essays

Related Topics