Daycare Business In Nigeria 2019/2020 Pdf
- 1 Daycare Business In Nigeria 2019/2020 Pdf
- 1.1 Reasons why A Daycare or Creche is A Lucrative Business
- 1.2 How To begin A Creche or Daycare Business In Nigeria
- 1.3 1. Run a Feasibility Study
- 1.4 Tools You Need To Begin A Creche Business
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Why should you start a daycare business in Nigeria? Is there\ a market for it? More and more mothers are joining the working class and there comes a need, how would the little kids fair? Who would take care of them? Getting a nanny may not be a choice due to lots of horrible stories that have been told of them.
Not only do kids needs someone to care for them, they also need to develop intellectually, emotional, spiritually and otherwise because that’s the stage when the brain neuron pathways is most active. The solution to the aforementioned problem is no doubt a daycare business in Nigeria.
Starting a crèche or daycare business in Nigeria is a business anyone can do, especially individuals who have this unexplainable natural energy and passion for children. You can start a daycare business right in your home and still reap all the benefits. In this article, I’m going to give you a detailed guide on how to start this business without any hassle at all.
Reasons why A Daycare or Creche is A Lucrative Business
1. More Mothers Are joining The Working Class
This is true, especially now that Nigeria economy is nothing to write home about. Mothers are dumping the idea of full-time housewife and they are now taking jobs, to help run the home. Starting a crèche or daycare center will definitely bring in massive amounts cause you’re the only option at the moment. Parents will pay any amount as long as you guarantee safety to the kids.
2. Appreciation for the Value Of Pre-School
We’re in an era where children starts their intellectual development as soon as they are born. In a daycare center, children learn to interact and develop good communication skill, even hone their learning ability. This helps them to better prepare for the proper school when the time comes. Not only will parents pay to leave their kids in your care, they can pay more for their child’s learning.
How To begin A Creche or Daycare Business In Nigeria
1. Run a Feasibility Study
Recently, I wrote a detailed article on how to run a detailed feasibility study. Planning is a prerequisite for success and as thus, shouldn’t be overlooked. Before you start a daycare business, make sure you plan every process before venturing. You have to find out how many babies are around your environs, get an estimate that will help you know how big your target market is. A good feasibility study should help you to;
- Determine your target market
- Know the equipment needed to run the business
- How to effectively promote the business
- The total cost required to start the business
- How lucrative the business is etc..
2. Good Location
This is a location base business and that means you have to be careful when choosing a site. If your finance isn’t enough, then you can perfectly run this business from home.
All you need to make this work is making sure all the toys and gadgets are provided. If you’re going to do this business from home, make sure your resident isn’t too far away from potential market or you may be heading to oblivion.
3. Law Requirements
Creche or daycare business is usually monitored by the government against Child Abuse, trafficking etc. This is why your daycare business must be approved by the Ministry Of Women Affairs here in Nigeria.
This ministry will also from time to time, come to supervise your business to make sure you’re doing a great job. If contrary is the case, you business will be shut down immediately.
Visit any secretariat in your state to get a license. Likely, you’ll pay a fee which is usually renewed every year if you wish to continue with this business. More protocols might be required of you before you can fully be approved. This however depends on your state.
That’s why you need to pay the Ministry Of Women Affairs a visit or better yet, get a daycare consultant to guide you.
4. Employ The Right Staff
When looking for staff, go for individuals who are very patient and emphatic; individuals who have a natural energy for children. This will help for the smooth running of the business.
They must also have the growth and reputation of the business in mind. I usually recommend employing an experienced nanny or nurse cause they are the perfect candidate for this job.
Training them further in the use of first aid might someday be a useful skill in case of an accident.. Whatever happens, strive to keep your reputation cause that’s what will keep you in business.
5. Develop A Curiculum
A crèche or daycare center is not all about patting a baby or putting them to sleep. This is the place where the primary foundation is laid; where you help sensitize their mind to learning.
At a young age, children are very sharp when it comes to learning cause the neuron pathways in their brain is very much active. Develop an educational curriculum that will help the kids intellectually. When the mother see a difference in their child, they will recommend your center thereby bringing in more customers.
Tools You Need To Begin A Creche Business
- Toys and educational items
- Playground Equipment
- Appliances i.e Refrigerator, stove, microwave, dryer etc..
A daycare business in Nigeria is a lucrative venture and evidently untapped. The competition isn’t overwhelming and the good thing is, it can be done anywhere in the country. If you’re a lover of kids and love spending time with them, why not start this business and also get a reward in return
That’s the much we can take on the topic “Daycare Business In Nigeria 2019/2020 Pdf”.
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