What is a fair amount to charge for my daycare business?

Answer by  malone (4817)

Call around and get an idea of the going rate in your area. Balance this with what you have to offer as well as amenities that you don't. When you do the research, check for rates for babies and toddlers, and find out if sibling discounts are popular among providers.

Answer by  patti (29325)

The amount to charge is the amount that people are willing to pay for the service you provide. Call around and find out what the going rate is. Determine if you will charge a weekly rate year-round. What about absences? Summer vacations? Create a policy. Make sure it's understood.

Answer by  mjl10 (282)

This will vary widely according to your location. The first thing you should do is draw up a budget. What will your fixed expenses be? How much will the space (and maintenance of that space), the utilities, and the insurance cost you? What about toys? Calculate your own living wage.