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. If you start your own home day care you can stay home with your kids, increase your income and cut your expenses. ‘Surely it’s not possible to match my current wage’ I hear you holler. ‘Simple sums is the answer’ I reply. 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

You would need to make $1000 per month to replace your existing wage with home day care income – bottomline. In order to achieve your goal you will need two full time children based on an average cost per month of $500 per child for day care. Not exactly formidable? You can also decrease your tax bill substantially by offsetting a lot of your necessary household expenses against your business profits. Considerable amounts of money can be saved through fastidious bookkeeping.

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.

Fiona Lohrenz draws on her 10 years of running a day care to write articles on all aspects of child care. She also pours this wisdom into her childcare website and has used it to produce a 'How to Start a ChildCare Business' DVD guide: www.startchildcare.com Fiona can be found at her website: www.childcareonly.com

Article Source: http://www.wahm-articles.com