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Old 04-05-2014, 02:55 PM
 
Location: Summit
400 posts, read 793,764 times
Reputation: 282

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By the way, I'm pretty sure OP has done her homework about what is necessary for starting a home daycare. She's not asking for costs she has to pay, but for the price people would be willing to pay.

 
Old 04-05-2014, 03:17 PM
 
973 posts, read 1,453,706 times
Reputation: 599
Quote:
Originally Posted by samanthayakobchuk View Post
By the way, I'm pretty sure OP has done her homework about what is necessary for starting a home daycare. She's not asking for costs she has to pay, but for the price people would be willing to pay.
Thank you and thank you for the info.
 
Old 04-05-2014, 06:07 PM
 
324 posts, read 575,441 times
Reputation: 314
Quote:
Originally Posted by samanthayakobchuk View Post
I have a baby boy... I'm not sure what the going cost of daycare is (I work from home), so my number may or may not be useful...

I would say $200-$300/week though. Again, I'm not sure what the rates are these days, or any days for that matter. but I don't think it's unreasonable.
I'll be the only other person to try to answer your question, but I also do not have any personal experience. It depends on a few factors, such as the age of the child and time with you per week, but I would've guessed $200-$300 per week on average as well. More than $300 would be tough though because I think for that amount, a person would rather put their child into an official daycare.
 
Old 04-05-2014, 06:15 PM
 
3,021 posts, read 5,853,670 times
Reputation: 3151
Interactive Map: Cost of Childcare Burdens Many Families in NJ (2012 prices)
Interactive Map: Cost of Childcare Burdens Many Families in NJ - NJ Spotlight



Steps to being licensed in NJ for a in-home daycare.
How to Get a License for a Home Daycare Business in New Jersey | eHow
Medical exam & TB test
Two character references (non-family members)
Attend eight hours of training.
Submit your application (including permission to do background check on yourself & anyone over 14 in your home.)
The State will do a home inspection.

Contact for licensing info & Manuals of Requirements.
New Jersey Regulations-National Resource Center
 
Old 04-05-2014, 06:52 PM
 
973 posts, read 1,453,706 times
Reputation: 599
Quote:
Originally Posted by daliowa View Post
Interactive Map: Cost of Childcare Burdens Many Families in NJ (2012 prices)
Interactive Map: Cost of Childcare Burdens Many Families in NJ - NJ Spotlight



Steps to being licensed in NJ for a in-home daycare.
How to Get a License for a Home Daycare Business in New Jersey | eHow
Medical exam & TB test
Two character references (non-family members)
Attend eight hours of training.
Submit your application (including permission to do background check on yourself & anyone over 14 in your home.)
The State will do a home inspection.

Contact for licensing info & Manuals of Requirements.
New Jersey Regulations-National Resource Center
If you have five or less, you don't need to do that or have a licnese.

Department of Human Services | Starting a Child Care Business

Just like a background check.
 
Old 04-05-2014, 07:13 PM
 
901 posts, read 2,249,180 times
Reputation: 723
The only people that will use a daycare run out of some random persons house are relatives/close friends of this persons or desperate people looking for the absolute cheapest option. That said Goddard is about $1000/month. If you have a snowball's chance to get any clients I would suggest you offer your services for half that.

Or you could just get a real job like everybody else.

Last edited by OysterCatcher; 04-05-2014 at 07:14 PM.. Reason: Add something
 
Old 04-05-2014, 08:29 PM
 
973 posts, read 1,453,706 times
Reputation: 599
Quote:
Originally Posted by OysterCatcher View Post
The only people that will use a daycare run out of some random persons house are relatives/close friends of this persons or desperate people looking for the absolute cheapest option. That said Goddard is about $1000/month. If you have a snowball's chance to get any clients I would suggest you offer your services for half that.

Or you could just get a real job like everybody else.
How is having your own business not a real job?
 
Old 04-06-2014, 06:15 AM
 
93 posts, read 130,818 times
Reputation: 203
I'll agree with OysterCatcher on pricing. $900-1100/month is typical for a regular "professional" daycare center, with the lower price applicable to older children. I see church-based day care for a couple hundred less. I also agree that I wouldn't go with a private provider unless price was my primary concern so I wouldn't expect you to be able to command those same rates.

An alternative if you just want to just do this on the side is to offer your services when school or traditional daycare is closed for holidays or whatever. You can advertise on sittercity or care.com.
 
Old 04-06-2014, 06:51 AM
 
Location: Southern NJ - USA
414 posts, read 931,391 times
Reputation: 496
Quote:
Originally Posted by OysterCatcher View Post
The only people that will use a daycare run out of some random persons house are relatives/close friends of this persons or desperate people looking for the absolute cheapest option. That said Goddard is about $1000/month. If you have a snowball's chance to get any clients I would suggest you offer your services for half that.

Or you could just get a real job like everybody else.
Are you trying to double dip with Unemployment Insurance AND a Cash only private day care business out of your 1 bedroom apartment?

I agree with OysterCatcher that a majority of parents wouldn't even consider using a random stranger to watch their child. You MIGHT be able to do some recruiting in your apartment complex or friends/family members, but that's about the best you could hope for.

Not sure what you did before you got downsized or fired from your last job, but I'd suggest polishing up the old resume and get cracking on getting a REAL JOB!

You know WHY? Well I'll tell you. Extended Unemployment Benefits are about to dry up sooner rather than later and you'll need a solid Plan "A" to stay financially afloat (and be able to keep from getting booted out of that apartment). Just food for thought

Last edited by The Winter Soldier; 04-06-2014 at 07:22 AM..
 
Old 04-06-2014, 07:00 AM
 
901 posts, read 2,249,180 times
Reputation: 723
I didn't intend to sound mean or offend the OP. It's just not a good idea. I saw a friends wife try this plan, it was a total failure. She is a lazy incompetent with no disernable skills and little education. It was a poor attempt to be a stay at home Mom.

If you want to start a real business go get a license. If you want to stay at home, marry rich. Just being honest and realistic.
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