Local nanny placement agency

Families, usually dual-income households, who pay a placement fee. Some agencies also offer a paid replacement or ongoing support service.

A one-off placement fee per match, often set as a flat amount or a share of the nanny's first-period earnings. Some agencies add a fee for family registration or for ongoing payroll and admin help.

• Good judgement about people
• Interviewing and reference checking
• Clear communication with families and carers
• Organised record keeping

• Working With Children Check (or equivalent) requirements differ by state and territory, so check how to verify each nanny's clearance
• Some states and territories have labour hire or employment agency licensing, so check with your state's regulator whether placing workers applies to you
• Check whether nannies will be employees or contractors, as getting this wrong can create legal and tax risks (Fair Work Ombudsman and ATO guidance)
• Families who want to claim the Child Care Subsidy for in-home care need approved providers, so check the rules and don't promise eligibility
• Insurance, a careful screening process and a clear policy for replacement or complaints protect your reputation
• Check council rules on running a business from home

Startup costs are typically around $1,500 to $7,000, depending on your website, screening process, insurance and marketing. This is an estimate, so build a budget around your own setup before you begin recruiting.

Monthly revenue is typically around $1,500 to $7,000, depending on how many successful placements you make and the fees you charge. These are estimates only, and placements can be uneven from month to month.

Things to check: Working With Children Check requirements in your state or territory, whether labour hire licensing applies, whether nannies are employees or contractors, and Child Care Subsidy rules (don't promise eligibility). Also check council rules on home businesses.