Is it possible to own a daycare but have someone else run it (in your home)?
Own Daycare But Not Run It
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Also, when its in home you assume a TON of liability that could not only cost you your license it could end you up with criminal charges. You are 100% responsible for everything that happens.- Flag
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Where can I find that information?
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It would depend on the laws of child care in your state. Here in Maryland, we are limited on the amount of hours we can use a substitute, but we can have a co-provider. The co-provider could work as many days and hours as we want them to.
But like Annalee said, I don't think you would make much money if you paid someone else to work full time every week at a home daycare.
You not only have to pay their weekly pay, but you also have to pay the required taxes on payroll, workman's comp, etc. Plus you have to make sure you have the proper liability insurance to have an employee.
If I had a full load of 8 kids and were paid the going rate in my area for each child, I'd make $1253.20/week. If I paid an employee $10/hour (most daycares are open 12 hours per day) that would be $600/week gross and I'd still make $653.20. But then I'd have to pay for extra insurance, workman's comp, etc. and in the end I wouldn't make enough money to make it worth all the hassles.
I did look into it once. I talked to my specialist, lawyer, and accountant. After learning all that would be required to hire a full time employee, I decided not to bother.
If you do decide to have someone else run your daycare, I'd suggest that you check with the child care laws, a lawyer, and accountant to make sure you are doing everything legally and protecting yourself, your home, and your business.- Flag
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That's exactly what I've been doing. I currently provide only overnight and weekend care because I have a day job. I want to expand my business. Thanks for the advice.
It would depend on the laws of child care in your state. Here in Maryland, we are limited on the amount of hours we can use a substitute, but we can have a co-provider. The co-provider could work as many days and hours as we want them to.
But like Annalee said, I don't think you would make much money if you paid someone else to work full time every week at a home daycare.
You not only have to pay their weekly pay, but you also have to pay the required taxes on payroll, workman's comp, etc. Plus you have to make sure you have the proper liability insurance to have an employee.
If I had a full load of 8 kids and were paid the going rate in my area for each child, I'd make $1253.20/week. If I paid an employee $10/hour (most daycares are open 12 hours per day) that would be $600/week gross and I'd still make $653.20. But then I'd have to pay for extra insurance, workman's comp, etc. and in the end I wouldn't make enough money to make it worth all the hassles.
I did look into it once. I talked to my specialist, lawyer, and accountant. After learning all that would be required to hire a full time employee, I decided not to bother.
If you do decide to have someone else run your daycare, I'd suggest that you check with the child care laws, a lawyer, and accountant to make sure you are doing everything legally and protecting yourself, your home, and your business.- Flag
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It would depend on the laws of child care in your state. Here in Maryland, we are limited on the amount of hours we can use a substitute, but we can have a co-provider. The co-provider could work as many days and hours as we want them to.
But like Annalee said, I don't think you would make much money if you paid someone else to work full time every week at a home daycare.
You not only have to pay their weekly pay, but you also have to pay the required taxes on payroll, workman's comp, etc. Plus you have to make sure you have the proper liability insurance to have an employee.
If I had a full load of 8 kids and were paid the going rate in my area for each child, I'd make $1253.20/week. If I paid an employee $10/hour (most daycares are open 12 hours per day) that would be $600/week gross and I'd still make $653.20. But then I'd have to pay for extra insurance, workman's comp, etc. and in the end I wouldn't make enough money to make it worth all the hassles.
I did look into it once. I talked to my specialist, lawyer, and accountant. After learning all that would be required to hire a full time employee, I decided not to bother.
If you do decide to have someone else run your daycare, I'd suggest that you check with the child care laws, a lawyer, and accountant to make sure you are doing everything legally and protecting yourself, your home, and your business.- Flag
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It is possible to make a profit but you need to work part time. You don't make much profit unless you have enough kids to require two staff as well but even with only seven kids and a part time helper you can make it work. I pay all those insurances as well and am required to be on site sixty percent of the time. Pm me for more information.- Flag
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There are a couple providers in my area that run their child cares out of someone else's home and do so successfully.
They must make enough of an income for it to be good or I can't imagine they would continue to do it that way...kwim?
I would contact someone from your state licensing offices and talk with them about the rules and regulations for your area.- Flag
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There are a couple providers in my area that run their child cares out of someone else's home and do so successfully.
They must make enough of an income for it to be good or I can't imagine they would continue to do it that way...kwim?
I would contact someone from your state licensing offices and talk with them about the rules and regulations for your area.
Not only that even if you could do that with mortgage rates or rent as high as it is here you would never be able to make a profit. Average rent in my area is about $3000 plus for 1200sf and I'm not in the highest housing area- Flag
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Also the care you are presently offering I'm not sir is legal, you should really check with LIC.
Better safe than sorry- Flag
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