Hi I'm not in Alberta and I'm not familiar with the regulations. But I would suggest to start with searching in your neighbourhood. Start searching current spot openings in this site. Use your postal code. That information will give you and idea of how much are the rates and what do they offer for that rate.
Once you have that idea then you can multiply for your 4 spots and your potential income would be reflected (in case of filling your 4 spots); also you must consider that filling up spots can take time you might start with two and then gradually add more depending on demand.
Also I personally would recommend to become familiar with homedaycare or dayhome regulations before you start.
In regards of a business license or bank accounts you can also search that online or ask to an accountant familiar with daycares. Or ask to a friendly caregiver in your neighbourhood, most of us do not mind guiding and giving information. We all need to work and we all need to support each other one way or another.
If you love children it will be worth it, even if it would represent making way below a minimum hourly pay (specially when you start).
Also, you can search jobs available and get and idea of how much would you be doing. Then you just make your list of pros. And cons.
The biggest pro. Would be that you will spend time with your own children.
The con. That depending in the hours or job you find you might potentially need to pay for childcare.
I hope it helps. Good luck.

































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