Here is the synopsis of our sample research paper on BUSINESS AND ETHICAL ISSUES IN FORMING A DAY CARE. Have the paper e-mailed to you 24/7/365.
Essay / Research Paper Abstract
This 3-page paper provides an overview of information necessary when it comes to setting up and running a child care center. Bibliography lists 3 sources.
Page Count:
3 pages (~225 words per page)
File: AS43_MTdayscare.rtf
Buy This Term Paper »
Unformatted sample text from the term paper:
different types of services to help children develop and to enhance their play. There is, however, more to forming a day care than
simply setting aside space in ones home and hanging out a shingle. There are a variety of business, personnel, technology and legal issues that need to be considered before the
doors can open. Business Set-Up The business owner must decide if she wants to set up her business as a sole proprietorship, partnership,
limited liability company or corporation. The decision should be one based on liability and tax issues. In this regard, the best set-up for this business owner would be either through
an LLC or S corp. Running a day care means the owner is open to all kinds of liability issues - for example, if one of the kids skins his
knee, the parents could sue. With a corporation (or LLC), the owner would be protected against losing everything in this particular case.
Furthermore, costs need to be anticipated when it comes to starting a day care operation. Starting such operations can cost from as little as $500 to as much as $5,000,
depending on the equipment needed and remodeling necessary (Small Business Notes, 2009). Full-scale day care operations that operate from an independent location or storefront can require up to $100,000 in
upfront costs (Small Business Notes, 2009). Legal Issues/Licensing Depending on what state this business operates, there could be licensing requirements. This is
an important matter - an unlicensed day care could be shut down. Most licensing involves an inspector coming to the premises and ensuring everything is clean and to code. There
...