In this module, we will discuss a home-based childcare business, including how to operate one, based on your state guidelines. We will also discuss the basic needs and start-up costs for running a home-based childcare business.

This module covers how to properly budget your Home-Based Childcare program, including what type of liability insurance you should get, how to pay taxes, filing tax forms, and your responsibilities to your clients.

In Module 4, you will learn how to create a childcare contract and expand on your policy handbook. You will learn what to put into your childcare contract and what additional information goes into your policy handbook. You will learn what resources are available to you as the Home-Based Childcare provider.

In this final course module, you will be learning about pricing structures and how to set your market rates for your Home-Based Child Care center. You will learn how to set your payment terms and your policies including frequency of payment, amount of payment, late fees, and returned check fees. And finally, you will be able to communicate the cost of quality in relation to your pricing.

For your Home-Based Child Care Capstone Project, you will submit a complete Family Policy Handbook and Business Plan for a home-based childcare business. This includes your cumulative efforts throughout all courses of the specialization, including assignments earlier in this course.