Industry and Market Feasibility

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Date Submitted: 06/02/2013 03:20 PM

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Industry and Market Feasibility Analysis

Division I: Services |

Major Group 83: Social Services |

Industry Group 835: Child Day Care Services |

8351 Child Day Care Services |

Establishments primarily engaged in the care of infants or children, or in providing prekindergarten education, where medical care or delinquency correction is not a major element. These establishments may or may not have substantial educational programs. These establishments generally care for prekindergarten or preschool children, but may care for older children when they are not in school. Establishments providing babysitting services are classified in Industry 7299. Head Start centers operating in conjunction with elementary schools are classified in Industry 8211. * Child care centers * Day care centers, child * Group day care centers, child * Head Start centers, except in conjunction with schools * Nursery schools * Preschool centers |

*Information provided by the United States Department of Labor Occupational Safety and Health Administration (OSHA).

In the United States today many families have either a two parent household with both parents working, or a single parent household with that single parent working. Because of the increasing number of working parents, childcare has become an absolute necessity in order for these families to function. However, parents are no longer looking for someone to simply babysit their children; parents are looking for a childcare option that offers an educational program as well.

Some parents have decided that in considering our more recent economic situation they should do everything they can to set their children up for success in whatever future economy they will have. Therefore, parents have started looking to...