- Paths to QUALITY
Are you thinking of starting a child care program? Quality child care is needed in Benton, Boone, Carroll, Cass, Clinton, Fountain, Jasper, Newton, Pulaski, Tippecanoe, Warren and White Counties so parents can continue to work and support their families. Below are helpful suggestions to consider when entering the child care profession.
You may legally care for up to 5 unrelated children on a regular basis. Please call Krystal or Melissa at (800)-932-3302 for more information on ratios and licensure.
Please call Krystal or Melissa at (800)-932-3302 for information about home child care licensing. We can assist you in registering for any required classes and completing any necessary paperwork, etc.
The ABC’s of a Child Care Business is a great resource for those considering opening a child care. The goal of this manual is to turn the complexities of licensing, regulations, and business start-up into easy-to-use information to help you become a successful child care entrepreneur. This manual is used at Orientation Training (OT) I and is available upon request upon enrolling in the online version of OT I.
Orientation Training I & II are required for Home Child Care Licensure. Additional required professional development is discussed at OT II.
This 6-part video series presented by Tom Copeland will provide information on why it's important to treat family child care as a business and learn about the key aspects of planning. Topics include, legal issues, start-up costs, start-up tax issues, key aspects of a business plan, contracts, marketing, insurance, professional development and record keeping. Tom Copeland is a renowned tax and family child care business specialist. He is a licensed attorney and trains thousands of family child care providers each year.
For centers, you can find information regarding Orientation II training sessions on the Indiana Family and Social Services Administration Website here.
For ministries, you can find information regarding Orientation II training sessions on the Indiana Family and Social Services Administration Website here.
The tools listed below will help you get a better handle on managing your money. Your first step is Setting Financial Goals. Then begin tracking your monthly expenses with the Fixed and Flexible Expenses Worksheet and Table. Before you hire an employee use the Cost/Benefit of Hiring Employee Worksheet to determine the true cost.
A spreadsheet that will allow you to compare the total costs of hiring a new employee (federal and state payroll taxes and workers’ compensation insurance) with the amount of income you can expect to earn by caring for additional children. In general, the spreadsheet concludes that you will need to enroll approximately two additional full-time children to cover the costs of one full-time employee.
Download Cost/Benefit of Hiring an Employee Worksheet document .
Use the Worksheet and Table to track your fixed and flexible expenses for one month. This exercise can be useful to help you reduce your expenses and meet your financial goals.
Download Fixed and Flexible Expenses Worksheet and Table document
This chart can be used to identify short/mid/long-term financial goals ultimately making it easier to meet them.
Download Setting Financial Goals document