Researches and studies made toward learning more about the child care industry shows that child care providers such as pre school teachers, teacher assistants and child care workers make up about 80 percent of the wage and salary jobs. Mainly, these workers except the teachers do not really have any college degrees; this is considering the minimal training necessary for the job. It has also been observed that many of these child care providers are only working part time, while the other percentage works more than 8 hours a day. On the other hand, a high turn over rate in this industry is also observed due to the lack of benefits and small salaries.

Nowadays, most couple handles two or more jobs and their main concern is on finding quality child care for their children. These parents usually leave home early in the morning and finish work late and ensuring that the kids are well taken cared of is one great concern. Most of these parents too don’t have the option of having relatives to take care of their children so there is an increase in child care providers.

There are actually three categories of child care – inside a child’s own home or a nanny service; second is in a child care provider’s home and third is in an organized child care facility. Day care services provided by school and companies are included in the organized facilities. Some schools provide before and after school programs for kids whose parents need to work real early or would come home late from work.

If you are considering putting up your own child care facility, you are probably wavering between an organized day care facility and a home day care facility. More formal kinds of child care facility include preschools and day care centers located in business areas, building or commercial areas. But the bigger portion of this industry are home based day care providers which are basically home owners that welcome children into their homes for a fee and takes care of them while their parents are working.

While the demand for day care services is indeed large, the competition is also huge. Along with many paid child care services, many non-profit organizations also offer taking care of kids for free. Parents may find these in religious organization, the YMCA and other social centers, colleges and sometimes, even offices.

In some offices, employers provides a subsidized or free child care to make sure that their employees with kids can concentrate on their work and not worry about their kids. If these offices are not big enough to accommodate a day care facility, some employers would provide financial assistance for parents to afford day care, and this would be a great opportunity for day care business owners that are near offices and commercial areas.

There are a lot of advantages and disadvantages of formal and home based day care facilities. It is really up to you to choose between these two areas.

More info: How to start a Childcare business