Professional Documents
Culture Documents
BABY SITTING
BUSINESS?
INTRODUCTION
I was never a big fan of babysitting. Its not that I dont
like kids, I just dont want to be responsible for them or
deal with their antics. Fortunately for you, that means
one less person to compete against in the babysitting
market.
The experience I have with babysitting is through my
sisters. While I was in online marketing business they
were wiping noses and reading childrens books.
Etymology
The term "baby sitter" first appeared in 1937, while the
verb form "baby-sit" was first recorded in 1947. The
American Heritage College Dictionary notes "One
normally would expect the agent noun babysitter with
its -er suffix to come from the verb baby-sit, as diver
comes from dive, but in fact babysitter is first recorded
in 1937, ten years earlier than the first appearance of
baby-sit. Thus the verb was derived from the agent
noun rather than the other way around, and represents
a good example of back-formation. The use of the word
"sit" to refer to a person tending to a child is recorded
from 1800. The term may have originated from the
action of the caretaker "sitting on" the baby in one
room, while the parents were entertaining or busy in
another.
It's also theorized that the term may come from hens
"sitting" on their eggs, thus "caring for" their chicks
Get involved with the kids you hope to care for. If you
see them at a get together, play with the kids and get
to know them. Let the parents know that youre good
with their children.
Also, if you dont love kids, this job isnt for you. Be
prepared to help the children and play with them. Dont
ignore them. A good babysitter is great with kids and
enjoys being around them.
4. Babysitting Checklist
Set a price
If you want to optimize your income, set an hourly price
and make sure you communicate it clearly any time
you try to sell your services. That means, if someone
calls and says: "Are you available to babysit on Friday
night." You answer, "Yes, I charge $X an hour." Be
confident about your price and your customers will be
happy to pay it.
On that note, to set a price you can ask your parents
what they think they'd pay, your friends what they earn
babysitting, and think back to what you've earned
before. Your price should start somewhere in the middle
of the range (I would guess $7-10 an hour, but this
varies based on where you live). When you get to the
point that you can't take any more customers, then you
can raise the price.
It might seem harsh to set the price, maybe they want
to pay less? You might even be willing to earn less. I
can assure you, parents don't really know what to pay a
babysitter, and you telling them how much you want to
earn makes it easier for them.
When I babysat, I never set my price, and my income
was subject to the whims of my customers (sometimes
$3/hour, and sometimes $15). Setting your price at a
fair number ensures that you don't get paid less than
you're worth.
Learn how to babysit
I'm guessing that your know how to babysit if you're
asking this question. The basic skills of watching over
what the kids are doing, make sure everyone is being
safe, corralling the kids into bed is probably enough for
the average parent. You can make yourself more
lucrative by learning infant and child CPR. Or you could
learn to cook a few basic dinners and add that to your
offerings.
Find customers
After setting a price and making sure your know how to
babysit, your biggest barrier to starting you business is
customer acquisition. You can get customers by doing
the following:
Cold-calling
Cold-texting
Leave a flyer on doorsteps
Your business doesnt exist without customers, so even
if you're shy it's worth doing something scary to get
your business to work. Here, use your value proposition
to convince people to become customers. Make sure
that your let the parents know that you are:
responsible and available, and make sure you're at
the top of their mind when they need a sitter.
If you choose to cold call, make a list of neighbors that
might need a babysitter. Write yourself a simple script.
Something like this might work: "Hi Mrs. Smith. This is
Lou, I'm Carmen and Gordon Smith's daughter. I just
wanted to let you know that I am available for
babysitting jobs. You can call me if you ever need one. I
charge $7 an hour, and am happy to work until 11pm
on weekdays and until 1am on weekends. I've babysat
for the Jones and Larsens before, and I'm great with
kids. Do you want to write down my phone number in
case you ever need me?" ... "Awesome, it's 555-
6821." ... "great, I'll be looking forward to hearing from
you."
This script tells your customer a few things:
Responsible
o You mentioned other families you babysat for.
o You are making a structured effort to get more
business, adults respect that.
Available
o If you'd never have called they might never
have thought of you to babysit.
Setting Prices
Setting the right prices can be tricky. You dont want to
charge too much, but you should get what youre
worth. You should charge between $5 and $20 per hour
depending on several factors.
How many kids are you watching? More kids
should always require a higher rate. If one
kid has a friend over for the day, that counts
as an extra kid to care for and should cost
more. Dont set a rate per kid. Have a base
rate and increase it by a smaller amount for
every extra kid.
Economic Analysis
Liability Insurance
Umbrella Insurance Coverage
Abuse and Molestation Coverage
Workers Compensation
Health Insurance
Hazard Insurance
Certificate of Incorporation
Company bylaws for corporations
Operating agreement for limited liability company
(LLCs)
Non-disclosure agreement
Employment agreement
Business plan
Memorandum of Understanding
Insurance Policy
Employee handbook
Writing a Business Plan for Your Babysitting Business
Even though some people babysit for others for fun or
out of coercion example for family or friends, an
entrepreneur going into the business and not intending
to sit for fun, would need to have a business plan, as a
babysitting business has to be undertaken as you would
any other business.
A business plan also protects you from throwing your
money into a venture that might not be profitable in the
short or long run. The babysitting business might not
be one that would require a comprehensive or technical
business plan, and you might just end up drafting a
business document, that would contain the essentials a
business plan does.
Computer
Phones
Emergency first aid kit
Files
Contract documents
Due to the nature of this business, only one baby sitter
is allowed per family, and a baby sitter who works
alone can take in as much as he or she can handle and
therefore do not need extra manpower except the
business is one that is on a medium or large scale
requiring more employees to babysit for clients.
To get the right factors that will enable you set the right
service pricing for your babysitting business while not
burning a hole in the pockets of your client and eating
into your profits, you would have to ensure that you
operate at far less than you would earn. You can find
clients around your neighborhood especially if there are
enough residential homes there, this will ensure that
you are able to work from home, thereby reducing cost.
You could also give out incentives for the kids or give
out the first day as a free day for new customers.
Strategies to Boost your Brand Awareness
and Create a Corporate identity for your
Babysitting Business