Hi, I'm thinking of quitting my job as a Nurse Manager and opening a Private Day Home. I need less stress in my life and love children.

I have a few questions as I'm not sure what all I need to get started.

1. Do you need a business license to be a Private Day Home
2. Do you collect income tax on your earnings like any other job?
3. Is it okay to have pets when having a private day home?
4. Thinking of running from 0600-530 with late pickups case by case
5. How much money did you have to spend to get everything you needed for it. Toys, furniture etc.
6. Do you have parent sign a contract or have a deposit?

Sorry for the all the questions!!