In my honest opinion I think that it would be best to operate your daycare as a combination non-profit/for-profit business. I have recommended this advice all the time and the primary reason is because when you operate your daycare as both a for-profit and non-profit you are getting the best of both worlds!
There is a situation going on in Canada now as far as daycare grants are concerned. As I have said many times before there are areas where the need for childcare is so great that for-profit caycares are eligible to apply for the grants as well. Such is the situation going on in Canada - in fact a lot of the non-profit daycares are afraid that the for-profit daycares will take over all the available grants!
Monday, June 11, 2007
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