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$20 a day - minus business expenses (and every single business has them) such as food, milk, insurance, police checks, infant CRP and first aid, additional water usage from endlessly flushing toilets, handwashing, laundry from bedding and face clothes, additional heating as the house needs to be headed all day, purchase of quality toys and craft supplies, = as a min. if you aren't providing any food, it will still cost you $5 a day in expenses per child.
Then you pay tax on it - of course you are paying tax and not working under the table and making a fraudulent statement to CRA and artificially boosting your level of entitlement to your own family tax credit - minus 6% CPP as you don't have an employers contribution to reduce your own mandatory 6% - You can't possibly be earning more than $10 a day.
You are NOT running a day care ! You are providing a baby-sitting service at best and likely under the table because NO business can operate for these fees.
I would bet you are :-
1. Not paying tax
2. Not insured
3. Have absolutely zero experience dealing with groups of children other than your own
4. Aren't providing the essentials you need to
5. Likely aren't abiding by the regulations (and yes, there are regs when doing this out of your home even if not an approved home the regs still apply) regarding number of children
6. Can't be earning more than $1 a hour per child.
Based on this ad, I think you've over-valued yourself!
You incorrectly believe that cheap care is all that parents want. Lots of bums on seats is not a measure of a successful and viable or professional business. It's a sign of exactly what it is - cheap care. It's insulting to both parents and day care operators to call yourself a day care provider.
If you are offering a quality service, and following the regulations, and truly meeting the needs of your client base, then you wouldn't need to work for $1 an hour. When people like you offer care at a price that is not profitable, it means cutting corners. That isn't acceptable when it comes to caring for children.
Last edited by Rachael; 09-21-2014 at 06:35 PM.
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