Home Daycare vs Licensed Daycare

[kindertime]

Also, don't forget there are expenses, too. You might bring in $50/day x 4 kids, but from that $200 you have to pay for all supplies, and probably food, unless parents bring it. You'll have to pay extra for your electricity, water use, wear and tear on the house in general. And, starting new, you'll likely have some advertising costs too. Also the office expenses, paper and ink for printing contracts and the like. Will you have an accountant? You'll pay that person. It is all deductable on your taxes, so that's good, but it is coming out of your pocket. Personally, I would never try to go back to working in a center. I had a very short lived experience in one, and I was miserable!! IMO, the extra time and expense is totally worth it.