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Should you start a daycare business in Nigeria? What is the startup cost for a daycare center? Is there a market for it? With the growth of technology in recent years and the call of gender equality amongst feminist, more mothers are working their ass off to stay independent and financially free. The result of this is a neglect of their motherly duties. This had brought up a strong need for daycares in Nigeria. Many parents now ask:
How would the little kids fair?
Who would take care of them?
Getting a nanny may not sound well with parents who have heard lots of horrible stories that have been told of them. Not only do kids need someone to care for them, they also need to develop intellectually, emotional, physically, spiritually and otherwise because that’s the stage when the brain neuron pathways is most active. The solution to the identified problem is no doubt starting a crèche business in Nigeria.
Starting a daycare or crèche business in Nigeria is a simple task anyone can do, especially individuals who possess an unexplainable natural passion and energy for young children. You can start a daycare business in your home and still make money while doing what you love. In this article, I’m going to give you a detailed guide on how to start this how to start a crèche business in easy steps!
How to Start a Creche business
WHAT EXACTLY IS A CRÈCHE AND DAYCARE SERVICE?
According to VeryWell.com, Daycare or Crèche is a childcare option where parents drop-off their children during the day for care, supervision and learning. Daycares are formal, structured environments with specific drop-off and pick-up times.
REASONS WHY A DAYCARE OR CRECHE CENTER IS A LUCRATIVE BUSINESS
- MORE MOTHERS ARE WORKING 9AM-5AM JOBS
This is true, especially now that the Nigerian economy is getting worse by each year. Mothers are letting go of the idea of becoming a full-time housewife and are now taking jobs, to help increase the financial status of 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 their child’s safety to the kids.
- APPRECIATION IN THE VALUE OF PRESCHOOL
We’re in a century where a child starts his or her intellectual development as soon as they are born. In a daycare center, children learn to build relationship with other kids and develop good communication skill, even increase their learning ability.
The learning and development of new communication skills helps them to better prepare for nursery and primary school when the time comes. Parents will pay to leave their kids in your care, but will happily pay more for their child’s learning.
HOW TO START A CRECHE OR DAYCARE BUSINESS IN NIGERIA
- RUN A GOOD FEASIBILITY STUDY
Planning is an important step for success and should never be overlooked. Before you decide to start a daycare business, make sure you plan every process carefully before diving into the business. You have to find out how many babies live around your environments; 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
- How to effectively promote the business
- The total cost required to start the business
- How lucrative the business is etc.
- Know the equipment needed to run the business
- GOOD LOCATION WITH NICE ATMOSPHERE
The success of your business totally depends on its location and that means you have to be take extra care when choosing a site. If your finance won’t help you get a building, then you can opt for running this business from home. All you need to make this work is providing all the needed toys and gadgets to aid the children.
Should in case you plan to do this business from home, make sure your resident isn’t too far away from potential market or you may be heading to closure of the business.
- LAW REQUIREMENTS
Crèche or daycare business is frequently monitored by the government of Nigeria 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 come visiting from time to time, come to supervise your business to make sure you’re doing a great job. If you do a great job; you will be encouraged but if otherwise the case, your business will be shut down with immediate effect.
To get an operating license, visit any secretariat in your state. Chances are, you will most likely pay a fee which is usually renewed every year if you wish to continue with this business. More steps and documents might be required of you before you can fully be approved to run a daycare business depending on your state. That’s why you need to personally visit the Ministry Of Women Affairs or better yet, get a crèche consultant to guide you.
- EMPLOY THE RIGHT ATTITUDED STAFF
When hiring staff, go for people who are highly emphatic and patient; individuals who have a natural energy and love for children. This will help smoothen the process of running the business. They must also have the growth and reputation of the business in mind.
I usually advise people to employ an experienced nurse or nanny because they are almost perfect people for this kind of job. Training them further in the use of first aid might someday be a useful skill in case of an incident. Whatever happens, strive to keep your reputation because that’s what will keep you in business in the long run.
- DEVELOP QUALITY CURRICULUM OF EDUCATIONAL STANDARD
A crèche or daycare center should not be so focused on patting babies or putting them to sleep while neglecting more pressing matters. It should be a 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 because the neuron pathways in their brain are very much active during this time. Develop an educational curriculum that will help the kids grow and develop intellectually. When the mother sees a difference in her child, she will recommend your center thereby bringing in more customers.
WHAT YOU NEED TO START A CRECHE OR DAYCARE BUSINESS
- Friendly looking Toys and educational items
- A Good quiet Playground Equipment
- Good Furniture’s with good qualities
- Appliances i.e. Refrigerator, stove, microwave, dryer etc..
A crèche 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’ve got the thing for kids and love spending quality time with them. Now that you’ve learned how to start a crèche business , why not start this business and also make money in return? If this post was helpful, please share!