How to Start a Profitable Daycare in Kenya.
The quantity of guardians hoping to wean their children as right on time as conceivable is ascending as the center pay workers take a stab at better employments and better pay rates by working for broadened hours. In any case, a distant memory is the days when enlisting house-helps inexpensively from the country territories was the standard.
On the off chance that you’ve been following nearby news of late, house-young ladies have gotten over the top expensive to keep up in light of the extra weight of representatives’ advantages (for example NHIF findings) as of late ordered by law.
Remember there is free fundamental training that has made it workable for some, potential house-helps to continue with instruction focusing on better employments and better compensation. It is likewise worth remembering that instances of maverick house-helps mishandling kids or in any event, abducting them are on the ascent the country over.
Because of these reasons, guardians these days lean toward taking their newborn children to baby daycare focuses – and thus lies a potential venture open door for you.
Baby Daycare Centre Business in Kenya
Unlike many other business investments that require a huge capital outlay and intensive investment in infrastructure, starting daycare can cost you next to nothing.
The two most important assets in starting are knowledge on early childhood development and the love for children. The next most important asset is trusting from parents so that they can entrust you with the noble task of taking care of their children.
Step 1: Getting Started
The first step is to find a good location for your business. Whether you choose to operate it from your home or in a commercially leased house, you will need to get a professional determination on whether or not the premises are suitable for a childcare facility.
A spacious house with several rooms in rural areas can go for as much as Ksh5,000 and a similar one in urban centers for as much as Ksh20,000 (low tier areas) and Ksh50,000 and above for high tier estates.
Step 2: Get The Licenses
Once you’ve figured out the location of your business, you’ll need to think about getting licenses and insurance. So far, the most important licenses you will need are the Single Business Permit and Fire Safety – both of which are issued by the county governments.
The former goes for about Ksh15,000 and the latter for Ksh3,000 or thereabout. You may also need to purchase Liability Insurance cover to protect facilities, staff, and children (cost may vary).
Step 3: Prepare The Premises, Buy Equipment
Call in a carpenter and a painter to do the job of converting your premises into a typical child-friendly environment. At the same time, you can request the carpenter to help you with making affordable equipment. Some basic equipment and appliances you may need include:
- Toys (dolls, watercolors, finger paint, ribbons, markers, small people, plastic blocks, stuffed animals and puzzles)
- Basic educational materials (storybooks and charts)
- Furniture (small chairs, tables, nap mats, couches, and stools)
- Appliances (Refrigerator, microwave, plates, small sufurias, buckets, and cups)
- Playground equipment (Used car tires, bouncing castles, trampolines, etc)
You can also buy these locally (in markets and classified ads websites) at very reasonable prices.
ALSO, READ – List of Venture Capital Companies in Kenya
Step 4: Market it
The best way to market a baby daycare business is through referrals. So even as you set up the facility remember to network with as many parents as possible – a good reputation is key. Invest in a few business cards and flyers as well. You can introduce a bit of social media marketing later on.
Step 5: Hire Additional Staff
Before you hire any member of staff make sure they have a clean criminal background and knowledge of caring for children. Always request for a certificate of good conduct. Examples of team members you may need to hire include security personnel, cooks, cleaners and ECD tutors. Basically, the smaller the team the better.
Step 6: Invest In Documentation
Keep a list of documents for parents to sign, including an acknowledgment that the parents fully understand and accept the policies and procedures of your daycare center. These will help safeguard your business and reputation if things don’t go as planned.
Lastly, determine your pricing by considering the cost of renting the premises, hiring employees and buying supplies for your business. Compare your price to other daycare businesses in your area.
How much to invest in Profitable Daycare in Kenya
Starting small is the way to build a successful daycare business. For starters, you can invest Ksh100,000 this being enough to pay for the room (if leased), buy basic supplies and market the business.
How much to expect in return from Profitable Daycare in Kenya
Parents pay as much Ksh30,000 per term (per child) in the middle-to-upmarket estates of Nairobi. Using this estimate, we can project revenue of Ksh600,000 in 3 months for a small care center of 20 children. That could translate to Ksh100,000 net profit per month (after deducting all expenses).
You have the idea, the energy, and determination. What are you waiting for? Go ahead and utilize this opportunity to build a business that will make the world a better place.