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I don’t know why you don’t think child care can be operated profitably. In Seattle you can have something like 6 kids per caretaker can charge about 2k/month a
by rdtwo 6y ago
I don’t know why you don’t think child care can be operated profitably. In Seattle you can have something like 6 kids per caretaker can charge about 2k/month a head. There is a minimum size though that makes sense because you get to take credit for contact staff so you can up that to 8+ if you have a cleaner or receptionist on site.
It’s not programmer money but it can generate decent stable revenue. Better that most non high tech low education required jobs.
- DoreenMichele 6y ago2k/month a head Minimum wage in Seattle is $12/hour. $12/hour x 40 hours per week x 4.3 weeks in a month is $2064. Presumably, that's before taxes, etc. (Yes, I know Washington doesn't do income tax, but you still have to pay federal income tax.) Obviously, boutique-style businesses aimed at wealthy clientele can be made profitable. But that's not what most people are dealing with. I never said that daycare cannot be profitable. Just that these tend to be tough things to make profitable. Similarly, some restaurants are making a killing. But most restaurants have slim margins. And daycare is generally considered to be a tough business as well for various reasons.