The Daycare business has really caught on in Kenya judging by the number of people who (want to) set up. But what is the motive? what drives people into the daycare business? Is the objective to run it as a serious business or a side hustle?
Evidently, the need for daycare services is ever there and its always a relief to see a new daycare come up where the need outweighs availability. However, the availability of daycare does not always reflect a presence of need and that begs the question of intention to set up.
When a new daycare comes up, the kind of set up and quality of service offered sets the pace for the rest of its operational years. There are things that set daycares apart and some are pretty obvious while others aren’t. All the same as a parent you should be able to tell whether a daycare is serious about their business or not – there is a difference between hungry and starving!
Side hustle daycares can collapse any time and their owners almost always do not put in 100%.
On the other hand, the hungry ones are more realistic and they are in it for the foreseeable future
Daycare needs might change overtime and a good daycare should be able to keep up, identify market change and adjust accordingly.