Want to stay home with kids? Start a daycare!

Working parents all over the country lament that fact that they don't get to spend enough time with their kids. Then they spend an average of more than $500 a month on daycare. So the obvious question rises: "Might an entrepreneurial parent be able to spend more time with their kids and still earn a decent income by operating a daycare center out of the home?"

In a piece on The Dollar Stretcher, daycare operator and industry expert Fiona Lohrenz looks at the financial advantages of this business. You'll spend less on gas and dining out, and there may be substantial tax savings to be had from operating a home-based business versus working a regular job.

Of course, starting a home daycare business is no simple task. There are plenty of regulations, so be sure to do your research. If you think this is an option you want to explore, you can get a copy of How to Start a Home-Based Day Care Business for 1 cent + shipping used on Amazon. Of course, check your local library first.