I currently have 4 full time kids enrolled in my program. Four is working out really well but, sometimes I wonder if I should take on more kids for some extra cashflow. I think I could have like 2-3 more kids. That would be an extra $1000 to $1500 per month income. I am a little afraid that many more children could cause the "flow" of everything to be disrupted. But at the same time, I am here anyway doing this all day long so why not bring in more money while I am at it? Have any of you struggled with this?
Taking on More Kids...Weighing the Pros and Cons
Collapse
X
-
-
I have between 8 and 10 during the day. I've found that as long as you have some sort of schedule it works out about the same regardless of how many there are...
Except when it comes to getting them dressed to go outside in the winter! LOL!- Flag
-
Thanks- Flag
Comment
-
I think it depends on the age of all the kids and also on each individual child! You can add one child which can change the whole environment and then you could add 5 more and all seems smooth sailing!! If you are thinking about adding more children I would do an interview with the parents and also have the children come during daycare hours and see how the environment works and after a few times you will be able to see if they would be a good fit! You need to look at the kids you have and think about that and what child would fit in well with the rest of the group before you add more!! That is what helps me! : )- Flag
Comment
-
Yep, I only take full time clients. I do not have a dedicated space for daycare, but our lower level family room is quite large and is more daycare than family room! :-) They do NOT go upstairs except to eat lunch.
My rates are a bit all over the place. I have one family with three kids, 1 schoolager, a preschooler and an infant...I charge them $115/child.
For everyone else the rate is $140 per week.- Flag
Comment
-
Yep, I only take full time clients. I do not have a dedicated space for daycare, but our lower level family room is quite large and is more daycare than family room! :-) They do NOT go upstairs except to eat lunch.
My rates are a bit all over the place. I have one family with three kids, 1 schoolager, a preschooler and an infant...I charge them $115/child.
For everyone else the rate is $140 per week.- Flag
Comment
-
I will be up to five full timers come the end of JUne and I'm looking forward to the extra money after two years of building my business it will be nice. I also have a sibling coming for the summer as well. It will be crazy til I get use to it but having five of my own boys I'm crazy already- Flag
Comment
-
Jen- Can I ask where you live? I am in Iowa, I charge $140.00 til potty trained, then $130.00. I do give sibling discounts as of now, but I don't know if I am going to keep this or not- I give a $20.00 a week discount if siblings. I do all my daycare downstairs, except for activities, snacks, and dinner. I love it!
I'm seriously thinking of doing away with the sibling discount as well. It would be an easier decision if the phone was ringing a bit more...- Flag
Comment
-
- Flag
Comment
-
- Flag
Comment
-
I've been thinking the same thing and have decided to bring on 2 more (one full-time and one part-time) and see how it goes.
I was sticking with 6 total kids (4 dck and my 2) but now moved up to 8 and I'm going to see how it goes.
I did have to let a 9 month old go because it was her first time away from mom and dad and would just scream all day long if I wasn't holding her and it was very disruptive to the rest of the group. So the idea of bringing on more kids didn't even enter my mind b/c it was so tough with her but now it feels so much more manageable.
I now have only walkers and it's working much better. 4 between 14 months and 2 years and then 4 3 year olds. So the dynamic of the group is working out very well.
So like pp said I think it just depends on the child you are adding and the flow of your day.- Flag
Comment
-
- Flag
Comment
-
I've been thinking the same thing and have decided to bring on 2 more (one full-time and one part-time) and see how it goes.
I was sticking with 6 total kids (4 dck and my 2) but now moved up to 8 and I'm going to see how it goes.
I did have to let a 9 month old go because it was her first time away from mom and dad and would just scream all day long if I wasn't holding her and it was very disruptive to the rest of the group. So the idea of bringing on more kids didn't even enter my mind b/c it was so tough with her but now it feels so much more manageable.
I now have only walkers and it's working much better. 4 between 14 months and 2 years and then 4 3 year olds. So the dynamic of the group is working out very well.
So like pp said I think it just depends on the child you are adding and the flow of your day.- Flag
Comment
-
A good way to see how it would work for you is to advertise and take in one child at a time. Keep the new child for a few weeks and see how it works out for you and if you like it then you can take another and so on. This way you can try it out first and you can judge it for yourself and see what you feel most comfortable with. If it doesn't work out within the first two-weeks trial period you could always term.- Flag
Comment
Comment