What type of daycare are you providing? Is it for aged persons? Or Children? Or Disabled people?You will need a special licence as you cannot just look after people becuase you feel like it. Even a daycare for pets requires special Local Council permissions and Permits.You need to apply for a Permit from your local Council before you get too far ahead of yourself.
you need an accountant and do your taxes every 1/4 so that it cuts down on what you have to pay in and a accountant will be able to help you know when to spend money to keep taxes down everyone pays in when running a business but an accountant can help you keep it low