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Laurel 06:15 AM 08-15-2013
Originally Posted by coolconfidentme:
I have a separate house for my daycare.
My daycare is open 1st, 2nd & 3rd shift, mon-fri.
It only takes 3.5 kids to pay the wages for a shift of 10 children.
I am licensed for 12. (10 if I have infants on the shift.)
I do not have a mortgage on it, I paid cash.
I have converted upstairs into an apartment for me on days I pull doubles.

Does it help?
Hmmm, I've never considered that there could be more than one shift. That is interesting. Did you have to hire help?

I would imagine even if you paid cash for the house then it would be a while before you'd show a profit because you'd have to consider the cost of the house into your actual profit. Unless the house was a gift and then that would be different (and great )

I could only do 10 if some of them were school aged and that would only happen during the summer.

I'm not considering it but just wondered.

Thanks, yes that helped!

Laurel
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