Nottingham City Early Years have developed a Guide to Becoming a Childminder that gives you all the information you need about setting up as a Childminder and starting to build a successful business.
When you have watched the above vodcast and guide, then we recommend that you take a look at Business Smart, a free online business support package for childminders developed by the Professional Association of Childcare and Early Years (PACEY).
Most Childminders operate as Sole Traders, so the business is owned and run by one individual, responsible only to themselves. If there is trading profit, you take it all. If there is risk or trading losses then you take it all as well and this may involve withstanding losses not just from your business assets but from your personal assets as well.