Wednesday, April 23, 2008
I love my child care business and can't imagine doing anything else... but those of us who have been in the industry for a while know that it is not all "peaches and cream" to running your own child care business. This article does a good job of spellign out some of the considerations that must be made before you start your venture...
Starting A Home DayCare – How Will Your Home Be Affected?
A very large number of Americans are now starting a home daycare. This becomes a very lucrative business from home for them, and at the same time they save a lot by way of overheads, commuting expenses and the like. This option is indeed quite viable, because you can also write off some of your living expenses because whatever portion of the home you use for the daycare business earns a tax-deductible status on its expenses. Everything just seems too rosy here, but then there's a significant tradeoff to consider. When you start a daycare in your home, there are certainly going to be some drastic changes in the home.
There is a ridiculously low amount of material on the Internet about this. You will find millions of articles about the pluses of starting a home daycare, but no one speaks of the cons. Anyways, I would like to apprise you of them...
Read the rest of the article and let me know your opinions. Do you agree or disagree with the author's observations and opinions?
