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 Post subject: Budget
PostPosted: Thu Nov 29, 2007 6:13 am 
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Joined: Sun Nov 25, 2007 11:55 am
Posts: 627
Location: Midwest
Do you have a daycare budget - or do you spend when you have?

I would be interested in hearing what others do.

When I worked in a center I had a budget on what I could spend on advertisement and supplies.
I actually have not done this in my home - but I want to.

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Alone we can do so little, together we can do so much. ~ Helen Keller


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 Post subject: budget
PostPosted: Sun Dec 30, 2007 10:22 am 
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Joined: Mon Nov 26, 2007 3:57 pm
Posts: 51
I'm thinking ideally I would like my daycare income to stretch to
25% daycare related expenses
25% household expenses
25% retirement
25% in short and med term savings for things that just happen

Of course I could dream![font=Comic Sans MS] [/font]


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 Post subject:
PostPosted: Sun Dec 30, 2007 11:47 am 
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Joined: Sun Nov 25, 2007 11:55 am
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Location: Midwest
Its a start Bre!!

When I worked for a center (I wish I could find my notes now) We had a budget meeting (hmm might be on my old computer :) )
and we broke down how much of what we were bringing in .. like a home daycare we had ups and downs as well .. in enrollment.
We broke things down to
Advertisement
Curriculum
Education supplies - toys etc
paper products
salary
Cleaning supplies

We had to share some of this with the church.
I don't recall us breaking it down by % but more on a basic dollar such as advertisement was 800 dollars per year. I am going to look into setting something up like this by Mid January!

When I worked in another larger center we were only allowed to shop 1x a month for supplies - this included curriculum and paper etc... I think this will help me focus on what I really NEED and stop ahhhhhhhh that is soo kewl the kids will love it and buying!

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Alone we can do so little, together we can do so much. ~ Helen Keller


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