Rhode Island Nesties
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member
Dear Community,
Our tech team has launched updates to The Nest today. As a result of these updates, members of the Nest Community will need to change their password in order to continue participating in the community. In addition, The Nest community member's avatars will be replaced with generic default avatars. If you wish to revert to your original avatar, you will need to re-upload it via The Nest.
If you have questions about this, please email help@theknot.com.
Thank you.
Note: This only affects The Nest's community members and will not affect members on The Bump or The Knot.
Our tech team has launched updates to The Nest today. As a result of these updates, members of the Nest Community will need to change their password in order to continue participating in the community. In addition, The Nest community member's avatars will be replaced with generic default avatars. If you wish to revert to your original avatar, you will need to re-upload it via The Nest.
If you have questions about this, please email help@theknot.com.
Thank you.
Note: This only affects The Nest's community members and will not affect members on The Bump or The Knot.
opening a daycare...
I am seriously thinking of opening a daycare/preschool possibly with a afterschool program as well. I would try to find a place here in RI. I have my father who had told me a few years ago when i graduated that he would help me start one if i ever wanted to. i didn't at the time but for the last year i have been seriously thinking that the best way for me to make money. the teaching jobs just are not there right now. so my question to you woman is what do you think about this idea. do you think i could open one and do well financially? if i keep the cost down but not too low so i can make good money, i could always raise the cost when the economy goes up.
Re: opening a daycare...
You can't really just raise the cost on people if the economy goes up... rates can't change that quickly or you'll lose all your clients.
From what I know, if you have the startup costs covered by someone (like your father) that you can make enough money. But it would be a huge undertaking.
Rates are dictated by location and clientele. Rates are higher in Southern RI and the East Bay. Rates are more reasonable where housing is more reasonable - like Providence and Kent counties.
DCYF dictates most everything you can do. They have 1 set of rules now, but are about to overhaul the rules, especially for kids 6 weeks to 2 years old. You can find the current regulations online, but expect those to change at least slightly. They will dictate how many kids you can have and of what ages, if/how you dispense medications, how many lead teachers, assistant teachers, directors, etc you can have... on and on.
I don't know you, so I can't say whether or not I think you personally would do well. But I do know that daycares are generally profitable. It's the teachers in the daycare that tend to not make very much money even though they do all the work.
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