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Childcare Business

Discussion in 'Small Business' started by Geemas, 6th Jun, 2016.

  1. Geemas

    Geemas Member

    Joined:
    25th May, 2016
    Posts:
    13
    Location:
    Melb
    Hi All

    I'm in the process of setting up a childcare business (Long Day Care), any hints and tips would be most welcome if anyone has some experience with this kind of business.

    Thanks you in advance
     
  2. legallyblonde

    legallyblonde Well-Known Member

    Joined:
    23rd Jun, 2015
    Posts:
    686
    Location:
    TAS
    Get familiar with child care benefit and rebate hehr.. your clients will appreciate it.
     
  3. Geemas

    Geemas Member

    Joined:
    25th May, 2016
    Posts:
    13
    Location:
    Melb
    @ Legallyblonde
    I have good knowledge of both as well as the systems, having been heavily involved in setting up a now profitable (Family Day Care Service). just not sure how different is (Long Day Care) which is the centre based care
     
    legallyblonde likes this.
  4. jeffb5ltr

    jeffb5ltr Active Member

    Joined:
    19th Jun, 2015
    Posts:
    35
    Location:
    Sydney
    Get a good system like Qikkids or kidsoft
     
  5. Jerry O

    Jerry O Well-Known Member Premium Member

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    21st Jun, 2015
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    361
    Location:
    NSW / Melbourne
    This was back in June. Interesting to know how did you go about this @Geemas ?
     
  6. Geemas

    Geemas Member

    Joined:
    25th May, 2016
    Posts:
    13
    Location:
    Melb
    Hi Jerry, still gathering all the requirements in between running another business and 3 kids so you can imagine, will get there eventually
     
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  7. Jerry O

    Jerry O Well-Known Member Premium Member

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    Location:
    NSW / Melbourne
    the fun part. ;)
    all the best! would love to hear your story soon.
     
  8. chindonly

    chindonly Well-Known Member

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    18th Jun, 2015
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    Location:
    Brisbane
    Its all about occupancy, staff cost ratios and expenses and complying with the NQF.
    Look closely at competitors near you as well - there are some very crowded markets around.
     
    Geemas likes this.
  9. 3k_Alan

    3k_Alan Member

    Joined:
    21st Oct, 2016
    Posts:
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    Location:
    Brisbane
    Are you running it yourself or hiring staff?