Daycare License to Owner or LLC

[fasuam]

Hello All,
First time members , so good to be here !!
We are planning to start a daycare in our new home basement (walk-out with kitchen, fridge and bathroom). We already have an LLC which we are planning to declare as the owner of the Daycare when licensing it with the Illinois DCFS .
Question is, that is it possible to license the Daycare to a LLC rather than a person ?

Thanks

[284878]

Originally Posted by fasuam

Hello All,
First time members , so good to be here !!
We are planning to start a daycare in our new home basement (walk-out with kitchen, fridge and bathroom). We already have an LLC which we are planning to declare as the owner of the Daycare when licensing it with the Illinois DCFS .
Question is, that is it possible to license the Daycare to a LLC rather than a person ?

Thanks

My best guess would be no but it may also vary by state. I recommend you contact Tom Copeland, either through this forum or directly through his blog at www.tomcopelandblog.com

[Michael]

Yes, it is smart to separate your business from your personal finances. Here are the Illinois standards for starting a family daycare: https://www.daycare.com/illinois/lic...are_homes.html