Daycare.com Forum

Go Back   Daycare.com Forum > Main Category > Daycare Center and Family Home Forum

Daycare Center and Family Home Forum Daycare Center and Family Home owners, Directors, Operators and Assistants should post and ask questions here.

Reply
 
Thread Tools Display Modes
  #1  
Old 02-21-2018, 05:34 AM
sophiamartinez's Avatar
sophiamartinez sophiamartinez is offline
Daycare.com Member
 
Join Date: Jan 2018
Location: California
Posts: 13
Default Large License vs Small: Pros and Cons?

Good morning. I am pondering which license to ultamatly get. And how long does it take for them to issue a large license? Once you already have your small is there Is there a wait period for a large? And do I even want a large lol? Aside from having the space and staff what are the business and emotionally taxing complexities of a large license? I want to do this long term - I don't want burn out in 5 years. But I also want to make a good living doing it. Sorry for all the questions. Thanks for your thoughts. I appreciate any and all direction.
Reply With Quote
  #2  
Old 02-21-2018, 05:43 AM
hwichlaz's Avatar
hwichlaz hwichlaz is online now
Daycare.com Member
 
Join Date: May 2013
Location: California
Posts: 1,470
Default

You can't skip straight to a large without first having a small for a year, or working at another daycare. You have to prove you have childcare experience.

Now, profitability is going to depend on where you live.

I live in Lake County. My rates are on the high side of average. And the additional 4 kids I could get with a large license would just barely cover an assistant when you figure in worker's comp, payroll taxes, etc. In fact, it might put me in the red on those four additional kids. In other areas of California, where the rates are higher, I'd be able to afford to pay someone...but how much would depend on the area.
Reply With Quote
  #3  
Old 02-24-2018, 05:06 AM
sophiamartinez's Avatar
sophiamartinez sophiamartinez is offline
Daycare.com Member
 
Join Date: Jan 2018
Location: California
Posts: 13
Default

Ahh ok got it. Good to know and food for thought. Looks like I'll be having a small license first then. That should help to give me a good idea of what I'm capable of longterm. Thank you
Reply With Quote
  #4  
Old 02-25-2018, 09:58 AM
CityGarden's Avatar
CityGarden CityGarden is offline
Daycare.com Member
 
Join Date: Mar 2016
Location: California
Posts: 1,460
Default

I am in Southern California and my rates are on the high side for my area. I think doing the small license for the first year is best as you are able to really learn and define your policies, etc.

I have been open a year this month and though I felt I had the perfect contract and handbook before I opened once I interacted with my clients the need for revisions were apparent. I have had three different versions of my contract and two versions of my handbook in one year.... I am thankful for opening small so I had the ability to make those changes in a smooth manner. Also this work is physically demanding in ways I had not thought of so I am glad I was able to build up to that. There are ways to have a large license in the beginning in California (past history working with children, etc.) but there are also hoops to jump thru like having fire clearance, not having another large daycare within a certain radius, etc.

For me IF I want to stay in the business long term I know I will expand to the large license but it is less so for the money and more so for the type of program I want to offer my community and the companionship of another adult for myself. Crunching numbers quickly since I only take 2+ and not school age expanding would only allow me to go from having 6 dcks to 10 dcks and it would cost me the income of 2-3 dcks for the assistant and it would also cost more in materials, supplies and wear and tear on the items so I might make slightly more but it would not be something to do for an increase in income for me.

One piece of advice when opening to not burn out is to start small, be mindful when setting your rates and offerings and specialize in something

I personally see providers in my area do best when they specialize age wise i.e. focusing on Infant Care 0-2 or preschool age 2-5 (note with infants you can have less children but can charge significantly more and there is a HUGE demand for infant care.)

Another path is to focus on offerings i.e. is your program "green" "organic" "RIE trained" "Montessori" "Playbased" "Media Free" etc. Are you "all inclusive" etc.

Best of luck!
Reply With Quote
Reply

Tags
group care, small daycare

Thread Tools
Display Modes

Posting Rules
You may post new threads
You may post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Forum Jump

Similar Threads
Thread Thread Starter Forum Replies Last Post
Focusing On a Specific Age Group ~ Pros & Cons 0-2 vs 2-5 Years CityGarden Daycare Center and Family Home Forum 10 10-06-2016 03:35 PM
Food Program Pros and Cons? CityGarden Daycare Center and Family Home Forum 31 09-30-2016 08:12 AM
Pros & Cons of Homeschooling KiddieCahoots Daycare Center and Family Home Forum 23 09-11-2014 11:14 AM
Agency Pros and Cons? CraftyMom Daycare Center and Family Home Forum 5 06-05-2014 11:45 AM
Please Help Me Think Of Pros & Cons blandino Daycare Center and Family Home Forum 9 11-24-2012 10:45 AM


All times are GMT -7. The time now is 11:03 AM.



Daycare.com         Find A Daycare         List Your Daycare         Toys & Products                 About Us

Daycare.com
Please read our Disclaimer before continuing.

Topics pertain mainly to the following States:

Alabama Alaska Arizona Arkansas California Colorado Connecticut Delaware District of Columbia Florida Georgia Hawaii Idaho Illinois Indiana Iowa Kansas Kentucky Louisiana Maine Maryland Massachusetts Michigan Minnesota Mississippi Missouri Montana Nebraska Nevada New Hampshire New Jersey New Mexico New York North Carolina North Dakota Ohio Oklahoma Oregon Pennsylvania Rhode Island South Carolina South Dakota Tennessee Texas Utah Vermont Virginia Washington West Virginia Wisconsin Wyoming