Brief overview
In the world today it has become more and more common for both parents to have jobs. Many cultures rely on immediate family to watch the kids while the parents are at work. What if you could offer an alternative solution where the kids could learn English, have creative projects, and spend the day in a safe location? If you offer a top-quality experience for the children, I believe the parents would line up! The downside of this type of business is that it might only target the upper class that has the money to send their kids to a private day care. Make sure to promote the fact that they will learn English while they are at your facility!
More Information
Capital / Setup Cost
$30,000 - $75,000
Legitimacy
High
Employees
6-15
Rate of Technological Change
Low
Time Involvement
40 – 60 hours per week
People Contact
High
Specific Training
Little training
Seasonality
Low