Costs of Running Daycare?

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  • MNMum
    Daycare.com Member
    • Jul 2011
    • 595

    Costs of Running Daycare?

    Has anyone ever broken down the costs of running daycare? Like per child, per week or something? Or do you want to help me come up with a list? I have to submit my income/expenses for court next week. This is fo r determination of child support. I also have to submit tax records, but to be quite honest, I don't think the judge bothers to look at them. And those don't have breakdowns on it. I don't think they allowed to take deductions from my home or utilities last time (which is ridiculous!)
    MnMum married to DH 9 years
    Mum to Girl 21, Girl 18, Boy 14.5, Boy 11
  • Blackcat31
    • Oct 2010
    • 36124

    #2
    Crystal posted a simple profit/loss statement that I think you can edit yourself.

    It can be found here in post #5 https://www.daycare.com/forum/showth...loss+statement

    HTH

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    • AmyKidsCo
      Daycare.com Member
      • Mar 2013
      • 3786

      #3
      Originally posted by Blackcat31
      Crystal posted a simple profit/loss statement that I think you can edit yourself.

      It can be found here in post #5 https://www.daycare.com/forum/showth...loss+statement

      HTH
      Thanks! I never really tried to figure out profit/loss - this is what I want to do so we deal with whatever comes of it. But I know I need to work on the business aspect of things.

      Comment

      • DaisyMamma
        Advanced Daycare.com Member
        • May 2011
        • 2241

        #4
        I'm terrible with accounting. I don't bother with it until January
        But I'm currently in the need to write a profit/loss statement myself
        I have this to work from: http://stevenhintzcpa.com/files/Dayc...Deductions.pdf

        Comment

        • DaisyMamma
          Advanced Daycare.com Member
          • May 2011
          • 2241

          #5
          Using the sample listed by Crystal on this post https://www.daycare.com/forum/showth...loss+statement will make it nice and simple.
          I'm going to put something together in excel that looks like the above pdf, so if you arent good with computers I can send you the template and you can input your own numbers. Just PM me your email address.

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