Helping Hands Family DayHome

The success of my business depends on the prompt payment of fees for each child. Tuition and fees are calculated with the following expenses in mind:

1. Food.
2. Craft and activity supplies.
3. Toys, games, books, and equipment.
4. Repairs and Maintenance.
5. Childproofing and first aid supplies.
6. Energy costs and use of my home.
7. Time and supplies spent for cleaning and record keeping.
8. Time spent after hours in training or research.
9. Time spent after hours shopping and preparing.

Like other self-employed workers, Family Childcare providers do not receive the benefits many employees take for granted. These include health/dental insurance, life insurance, retirement/pension, paid personal days, personal vacation time, workers comp, flexible time off and unemployment insurance. These benefits often amount to as much as 35% of a person’s wages.

Most people have a 40 hour workweek. Mine is 50 hours plus and that does not include my training, preparation, bookkeeping, paperwork, shopping or cleaning time.
I hope this gives you a better understanding about all the ways in which your childcare fees are applied.