Opening a Daycare - Choosing the Right Services

The basic service provided by all day care centers isbusiness model might be to offer a low price basic
to create a safe environment for children whencare package in the hopes of upselling customers to
parents cannot be with them. Beyond this foundation,premium services which are much more profitable.
you will have leeway to create your own uniqueSome Options to Consider
service offering.Consider service options that would deepen your
How to Choose Servicesrelationships with the customers in your target market.
To choose what services you will offer, look at theThis might include special classes for certain age
needs and wants of the customers in the communitygroups or after school care for the older children of
that you seek to serve. "Customers" includes bothparents who have a child in care full-time. Other
parents and their children. Consider what age groupsexamples are throwing parties for a child's birthday at
of children you will be serving and the needs of thethe center or selling learning products or toys.
children at those ages.Also consider service options which are not costly to
In a perfect world, every service you offer could beadd because of the existing skills of your staff and
priced so that is was just as profitable as every otherinfrastructure of your center. An example is classes or
service you offer. In reality, some services will costsupport groups for new or expecting parents offered
more or less as a percentage of their price. Considerin the evenings to teach them some basic skills and
the cost and profitability of each service, but don'tshare your staff's expertise. Not only could this bring in
simply discard ideas with higher costs than others.revenue during off-hours, but it could build the
Certain services can be "loss leaders", sold at cost orreputation and brand of your company as experts in
even below cost in order to encourage purchases ofchild care and pave the way for those parents to use
your day care's other services. One day careyour services at a later date.