Why You Need To Start A Day Care
Do you recognise yourself in the following: I hate my routine job, thankless, ungrateful boss, the endless, time wasting commute every day, not being with my kids and the unbelievable pain of leaving them crying at a day care every morning- a pain that never goes away. You want out off the vicious treadmill but feel backed into corner by financial obligations and can’t see how. But the one thing really eating you up is the guilt and sadness you feel that you are missing out on seeing your kids grow and develop on a daily basis during these, the most important and formative years.
Sound like you..well, despair no more because there is an escape route and it is a lot more tangible than you would believe. It is possible to stay home with your kids and replace your income whilst cutting your expenses by starting your own home day care. ‘Surely it’s not possible to match my current wage’ I hear you holler. ‘Basic math’ is my response. Take a fairly average monthly salary of $2800 gross.
Gross Income $2800
Minus Taxes $ 800
Minus Gas $ 150
Minus Day Care Costs $ 550
Minus General Expenses $ 300
Net Income $1000 So, bottom line, in order to replace your current income with home day care income you need to make $1000 per month. Based on an average monthly cost of $500 per child for day care you will need two children full time and you have achieved your goal. Not exactly insurmountable! Bear in mind that you can also offset many of your necessary living expenses against your business profits thus reducing your tax bill. Clever, fastidious bookkeeping can save you a considerable amount of money.
I have brought it down to the simplest terms so you can see exactly what being employed is costing you both spiritually and financially hence the above example. Our conditioning is such that employment is the norm and those who attempt to become entrepreneurs are either dreamers or risk takers. However, now you can see how the dream of self employment is easily within your grasp by starting a home day care.
The benefits are immense and immediate. You are active and having fun doing something worthwhile, you make the rules and control your days and quality family time becomes a given. Using my Start a Child Care Business DVD Guide you have the benefit of my experience and knowledge to get you started now (I’ve done the research, made the mistakes, I know what works) plus you get the paperwork package FREE so you don’t even have to deal with that. Do you even have to think about it anymore??
Fiona Lohrenz writes childcare articles based on the 10 years she has spent running a daycare. She also incorporates that knowledge into her ‘Start a ChildCare Business’ DVD Guide: Start A Day Care Business DVD Find out more at her website: ChildCareOnly.com
- Fiona Lohrenz
:: Jul.27.2008 :: Business :: No Comments »
