Hi and Good Luck on your venture. I think some of your questions really can't be answered without knowing where in the country you are located? For example if you are in Ontario my understanding is that due to the full day JK/SK people only need childcare till their child is three so you may want to invest more in highchairs/playpens as you will be looking after young children.
For toys and areas as you have the space, I would do a kitchen area, a tool area, a baby area(little fisher price people, soft blocks), dress up area, maybe a sand water table.
For shade in the back yard you could buy a Gazebo you can usually get a good one for between 100-200 maybe cheaper used. I would get some ride on toys, balls , sand box(with lots of sand toys) slide. In the spring you should really shop at yard sales I got alot of good stuff from them or used baby stores as you get reciepts so you can use those for tax time.

































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