Why You Need To Start A Day Care
So, you already know what you hate!.your thankless job, ungrateful, uncaring boss, the grinding commute for hours, not spending time with your kids and the breathtaking pain you feel leaving them crying at a day care every day. You feel so trapped and paralysed by financial constraints yet can't see a way out of the rat race. Worse still, you can't ever shake the guilt and sorrow you feel at not watching your kids grow and develop during those formative years, not knowing what's happening to them in their little, daily lives.
Despair no more because there is a way and it is a lot more achievable than you would have hitherto believed! It is possible to stay home with your kids and replace your income whilst cutting your expenses by starting your own home day care. 'But how can I possibly make enough to match my current salary?' I hear you cry. 'Basic math' is my response. Let's start with an average gross monthly income of $2800.
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??
As a day care owner Fiona Lohrenz has extensive experience of childcare which she writes about on her website. She has also used this knowledge to produce a 'Start a ChildCare Business' DVD guide: Start A Childcare Business DVD You can find her at her website: ChildCareOnly.com
Published March 14th, 2008
Filed in Business, Home Business
