O.k. some basics: I'm a man.. 29 years of age... I live in New York and don't have any child care experience or certifications. With all of that said, I want to open up a child care center.
I do have experience teaching kids in a karate school and looking after younger family members but that's about it. Because of my lack of experience, and me feeling that since I'm a man, I may discourage business, I plan to hire child care workers and a director.
Some questions...
What do you believe is a good teacher to child ratio to not overwhelm staff but still make a decent profit? I want to hire at least two teachers, two assistants, and a director. I anticipate the center should accommodate about 20 kids.
Do you believe (and consider the fact that I'm in New York) that $225 a week or $900 a month per child is o.k. In my local area the prices vary around 140-180 per week. But I figure with a low staff to child ratio and a better curriculum or services, I can offer a higher price point.
Where can I find a mentor? At times I feel so lost when I'm working on my business plan and would like to be guided by a mentor who's experienced throughout the process. My local SCORE office doesn't have anyone with child care experience. If you feel that you can assist me... even if you're in a different area of the country... please get back to me.
And last question... what books would you recommend that I read? Whatever child care books that are suggested, I 'll definitely check it out.. if it's available at my library.
Thank you all in advance!
I do have experience teaching kids in a karate school and looking after younger family members but that's about it. Because of my lack of experience, and me feeling that since I'm a man, I may discourage business, I plan to hire child care workers and a director.
Some questions...
What do you believe is a good teacher to child ratio to not overwhelm staff but still make a decent profit? I want to hire at least two teachers, two assistants, and a director. I anticipate the center should accommodate about 20 kids.
Do you believe (and consider the fact that I'm in New York) that $225 a week or $900 a month per child is o.k. In my local area the prices vary around 140-180 per week. But I figure with a low staff to child ratio and a better curriculum or services, I can offer a higher price point.
Where can I find a mentor? At times I feel so lost when I'm working on my business plan and would like to be guided by a mentor who's experienced throughout the process. My local SCORE office doesn't have anyone with child care experience. If you feel that you can assist me... even if you're in a different area of the country... please get back to me.
And last question... what books would you recommend that I read? Whatever child care books that are suggested, I 'll definitely check it out.. if it's available at my library.
Thank you all in advance!
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