-
Hi Sunshinesmiles. I'm a single mother of 3 kids and I did it myself. I do get support from my ex, but I've never factored that into my budgeting as....well....I can't count on it. It comes sporadically. Yes, this job can be inconsistent. However, I've been doing it for 13 years and have done pretty well...have managed to keep a roof over our heads, food on the table and even travel some. The first 11-12 years was in a rental house. The business finally went under there as it was a rural location, 2 large daycares moved into the area, near the school and the market just dried up there. However, now that I'm living in a much higher populated city/town, business is booming. It did take time to fill, but I didn't find it all that difficult to land 3 full time clients. I looked at our income exactly the same way you are...how many do I need to just get by? I researched my immediate competitors and did everything I could to stand out, which meant a big re-vamp. BUT, being brand new, no need for you to revamp! Yes, the business can be inconsistent. But if you really set yourself apart, market yourself effectively you'll put yourself in demand in time. When you've got a full house and things are good, tuck lots of money away so you don't have that initial freak out when someone leaves.
It's a lot of work, but very rewarding. I think it might be even more rewarding when it IS your sole source of income....those successes mean just that much more. I'm very proud of my little business and how it's grown. Don't be afraid....be aggressive. Good luck!!!
-
The Following 3 Users Say Thank You to cfred For This Useful Post:
Similar Threads
-
By daycaremoma in forum Daycare providers' experiences with parents
Replies: 3
Last Post: 05-01-2014, 10:14 AM
-
By Misha in forum Daycare providers' experiences with parents
Replies: 10
Last Post: 08-27-2013, 02:53 PM
-
By apples and bananas in forum The day-to-day as a daycare provider
Replies: 11
Last Post: 01-21-2013, 05:27 PM
-
By Lou in forum Managing a daycare
Replies: 5
Last Post: 07-04-2012, 08:23 PM
-
By ashott in forum Opening a daycare
Replies: 13
Last Post: 04-28-2012, 12:49 PM
Posting Permissions
- You may not post new threads
- You may not post replies
- You may not post attachments
- You may not edit your posts
Forum Rules
|