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www.businessideasnigeria.com For consulting service Email: [email protected] Call: 234-8056433797 Babysitting Service Average Capital Requirement: Zero Capital (N0,000) Summary: This is a next to zero capital business that can fetch you so much if you love kids and you understand them. You can make as much as N50,000/month. This business is very suitable for retirees, house wives, young school leavers (under the supervision of an older person) and graduates who are still waiting to be called for service. Introduction: Babysitting is really not popular in this part of the world as most parents still prefer to employ house maids and nannies who can come around and stay with the babies in their own homes. However, with increased campaign against underage maid service and crazy demands of maid providers in Nigeria, if you can package your service very well, most parents would be more than happy to use your service. Required Resources Assets Playing space for the kids (like your sitting room, verandah or personal room) Toys for the kids to play with and learning materials and aides Bed for kids to sleep Baby’s first aid kit or box Personnel You and an assistant (optional)

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Page 1: Babysitting Service - WordPress.com · Babysitting is really not popular in this part of the world as most parents still prefer to employ house maids and nannies who can come around

www.businessideasnigeria.com

For consulting service Email: [email protected] Call: 234-8056433797

Babysitting Service

Average Capital Requirement: Zero Capital (N0,000)

Summary: This is a next to zero capital business that can fetch you so much if you love kids and you understand them. You can make as much as N50,000/month. This business is very suitable for retirees, house wives, young school leavers (under the supervision of an older person) and graduates who are still waiting to be called for service.

Introduction:Babysitting is really not popular in this part of the world as most parents still prefer to employ house maids and nannies who can come around and stay with the babies in their own homes. However, with increased campaign against underage maid service and crazy demands of maid providers in Nigeria, if you can package your service very well, most parents would be more than happy to use your service.

Required Resources

AssetsPlaying space for the kids (like your sitting room, verandah or personal room)Toys for the kids to play with and learning materials and aidesBed for kids to sleepBaby’s first aid kit or box

PersonnelYou and an assistant (optional)

Page 2: Babysitting Service - WordPress.com · Babysitting is really not popular in this part of the world as most parents still prefer to employ house maids and nannies who can come around

www.businessideasnigeria.com

For consulting service Email: [email protected] Call: 234-8056433797

CapitalAside from the toys, every other thing can be easily gotten from home.

Required Skills You must love kids Understand kids You must be good with rhymes and all other kids teaching stuffs

Full description of Operations

Business operationBabysitting involves taking care of kids (between 6months and 4years i.e. between when their mother’s maternity leave ends and when they are old enough for school).

a. Set up the crèche area or the play space. Note that this area must be free of sharp objects, must have covered electrical sockets, and the floor rugged (not bare floor and not slippery or too hard). Colorful environment might attract parents.

b. Get all the toys the kids will play with. Toys are very essential to keep the babies occupied and you need learning materials too. Also ensure you have a well equipped first aid box.

c. Decide the rate you want to charge per kid for a week or a month. Currently the rate ranges from N4,000 to N20,000 per child for a month.

d. Create awareness. Let people know that you offer that service. You can inform nursing mothers one on one or share flyers with your detailed information. Also include the drop off and pick up time and any other special service you might want to offer such as breakfast, lunch, snacks, formative teaching etc.

For babysitting services maximum expected number of kids for one person to manage is 6.

Page 3: Babysitting Service - WordPress.com · Babysitting is really not popular in this part of the world as most parents still prefer to employ house maids and nannies who can come around

www.businessideasnigeria.com

For consulting service Email: [email protected] Call: 234-8056433797

ObjectivesTo provide caring services for babiesTo relieve working class parents the stress of caring for their babies while at workTo teach kids basics of learning such alphabets, numbers, shapes etc.For relationship building amongst the kids

BenefitsYou need little or no capital to startIt provides source of income while having funYou can finally work from your home

Possible Limitations and solutions

Page 4: Babysitting Service - WordPress.com · Babysitting is really not popular in this part of the world as most parents still prefer to employ house maids and nannies who can come around

www.businessideasnigeria.com

For consulting service Email: [email protected] Call: 234-8056433797

Trust: People find it hard to trust their kids with others (strangers) but if you can draw out a good plan of how you intend to take care of the kids, this will boost their confidence in you. A well furnished, kid friendly environment will also help you convince the parents.

Kids can be restless: This can be daunting, if you easily get tired but if you do not take more than the number of kids you can handle and have series of activities lined up on daily basis, you should be fine.

Financial AnalysisRemember this is a next to zero cost business; most of the items required can be sourced without you spending a dime, especially if you are artistic and creative. For the running cost, it is expected that the parents will pay upfront, so from day one you are already counting your returns.

CostCost of decoration: little decorations here and there can make the play space kid-friendly. Most of these decorations are handmade with very cheap materials. These should not cost more than N3,000, especially if you decide to paint the space.

Cost of Toys: You can always get old toys from people around or even the once at home, however, if you would need extras, with around N2000 worth of toys you should be good to go. Most learning materials are handmade; example is using cardboards to make shapes, alphabets, numbers etc.

Cost of feeding: Parents will bring food for their kids but you may have to make available snacks. In case you offer any special service, this would be incorporated into the amount you are charging. This is part of the operating cost and should not be more than 40% of whatever fee you are charging.

RevenueAt the rate of N2000 per week/child, you can make at least N8,000 per month, with about 4-5 kids you can make up to N40,000/month.

Future Forecast

ProspectsYou can go into Full Daycare Services, however for this you would need to register with necessary agencies and employ more hands.

ConclusionIf you love kids, this is just the perfect way for you to make money.

References

Page 5: Babysitting Service - WordPress.com · Babysitting is really not popular in this part of the world as most parents still prefer to employ house maids and nannies who can come around

www.businessideasnigeria.com

For consulting service Email: [email protected] Call: 234-8056433797

For Service consultation contact us via mail at [email protected] or call within hours +234-8056433797 Note that this may attract service charge.