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Child Care Business Lab offers education and financial assistance [Video]

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Starting a Business

BRUNSWICK, Maine — Finding childcare is a continuous problem for parents across the country, including in Maine. It can even be challenging for someone who wants to start their own childcare business.

That’s where Coastal Enterprises Inc. in Brunswick is hoping to help with its Child Care Business Lab.

“What should their fees be? How should they keep their records? What about taxes? And so we started the Child Care Business Lab to integrate small business startup education with everything that someone needs to know to run a successful child care business,” Cynthia Murphy, head of the child care sector at CEI, said.

The program provides free training groups of like-minded entrepreneurs. “For example, people who are interested in starting a childcare in their home come together from all across the state,” Murphy said. “They face many of the same obstacles. And they’re excited about the same future.”

Recently, the program received funding for a sixth year.

From formulating a business plan to …

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