Anonymous wrote:Op again. So I couldn't charge $500 a week if I incorporated Spanish or another language into the equation? What about piano? What if my daycare was the coolest daycare in DC? I would hire a third person to teach Spanish everyday. 9 kids total @ $500 a week for 48 weeks is $216k. Insurance might take a big chunk and hiring a Spanish instructor.
Where are you getting 48 weeks from? If you run a daycare, you need to be open most days of the year, federal holidays excluded. You would need to hire another helper as well (depending on the laws you may be required to) or do you really think you could handle 9 children of varying ages on your own. You would need to make some amendments to your home as well, I know there are regulations on bathrooms, kitchen facilities and marking exits, etc. On top of that, few parents would be willing to pay $500 a week for in home daycare, regardless of how cool it is. You have no ECE training or background and come from sales...what makes you qualified exactly?
You seem to be pretty naive about the whole process and are coming at it from an angle of making an easy, quick buck. It will be anything but that.