I am thinking of trying to start a daycare (open one up) I have wanted to since I was a kid
Asked by Anonymous at 9:59 PM on May. 4, 2010 in Money & Work
Answer by Anonymous at 6:50 PM on May. 5, 2010
I would imagine that most day care providers that do in-home-care do so because they can't afford to buy a building (and pay all the other costs associated with that)
Answer by VeronicaLee at 10:00 PM on May. 4, 2010
Answer by lowencope at 10:12 PM on May. 4, 2010
I work at a daycare and preschool. My boss (the owner) had a home daycare for 20 years. It was her dream to open up a daycare center though, so she finally did. However, she has emptied her savings account, retirement, and she is barely able to pay the staff. She is behind on payments, and since she has been open, she has yet to receive a paycheck for herself. It's not that we don't have enough children, in fact it is the opposite, we have children on waiting lists for some of our rooms. The problem is there are so many government regulations and restrictions and these keep changing all the time. Opening a daycare is a big investment but in the long run it can pay off. If you have the money or are able to get a loan then I say go for it, but if you don't have the extra money right now, then I would start off with a home daycare.
Answer by JeremysMom at 10:17 PM on May. 4, 2010
Answer by JazzlikeMraz at 11:08 PM on May. 4, 2010
I did it...click here to read my post about it.
Answer by IraqiVetWife at 6:45 AM on May. 5, 2010