Tag: wahms

Day Care Business for Work At Home Moms Part 4

[continued from Part 3]

 

The benefits of an at-home daycare business

 

Despite the long start up time, many Work At Home Moms find that owning their own in-home childcare center is a great solution to their work at home problem. There are many benefits to taking care of other people’s children.

Your children will never be without playmates to entertain them. You’ll have access to many fun and exciting programs made especially for daycare business owners, including discounts on supplies, and of course, many of your expenses can be written off on your taxes if you set up your company correctly.

Remember to keeep receipts for everything you buy and note if it was personal, or for your at home business.   You may even be eligible for federal subsidies for food and diapers for the children you take care of.

 

Research your topic

To find out if owning a home daycare is right for you, research the subject. Visit other home daycares and ask how those Wahms are enjoying their business. Find out what your state and local regulations are regarding licensed and unlicensed daycare.

Do a trial run with multiple children by volunteering to look after your friends’ children for an hour or two at a time, say on a Saturday morning so they can go shopping unhindered but not leave you alone with them all day.

Work out what hours your facility is going to be open. My sister in law drops off her son at 7 every morning and picks him up at 6 every night.  That is a pretty long workday for some people.

You need to work out your fees so that they are competitive with other daycare facilities in the area, and also need to decide what to do if one of the parents is running late. It is important to keep the client happy, but you also need to balance your work and family time as well so that everyone is pleased with the arrangement.

Also keep in mind that you will basically be stuck at home if you take on this job. What are your contingency plans if you run out of milk, or in the event of an unexpected emergency?

Working at home affects the entire family, especially your own children having to interact with other children, and share your time with them.  What will your support system be?

Once you’ve done your homework, and are able to answer all these key questions and discuss them with your husband, friends and family, you’ll know if childcare as a work at home opportunity is right for you.

Share
By Employment, Work at Home , , Leave a Comment

Making the Decision to Work at Home Part 1

 

Mothers who work at home (or Wahms) are a growing population of working America. Increasingly, more and more women want to spend time with their children and need to bring in an income, thus there has been a boom in the work at home industry.

Making the decision to work at home is not always an easy one. Before you decide that being a Work at home mom (Wahm) is right for you, you need to take a few things into account.

First of all, you’ll need to decide if being a Wahm is right for you AND your family. There are many benefits to working at home as compared with outside the home. You can set your own hours, you don’t have to commute to work, and you can be there for your kids when they need you.

However, there are some downsides as well. The isolation of working at home can be an issue for some women. There are also challenges related to juggling work time and family time, and clearly drawing the line between both.

You willl also have to look at the impact that working from home will have on your family’s financial situation. If you are moving from a high-paying full-time job, to working part-time from home while you care for your child or children, there will definitely be some financial adjustments that will have to be made.

However, whatever your cut in pay will be, you have to weigh that versus the costs going to work commuting and so forth, for example, and above all, of putting your child into daycare full-time, which can certainly be price-y these days.

Although it may seem like your work at home pay will be much smaller compared to your full-time outside of the home job, you need to consider that your housekeeping chores are of value, and keep in mind the high cost of daycare.

If you can make an equal amount of money or more by working part-time from home and taking care of your child yourself, it is well worth it financially to stay at home.

If you also see that you will save money on your commute, lunches, work clothes, and so forth, then being a WAHM would seem to be right for you.

In fact, many women see that raising their child without the use of daycare, whether or not they make a significant income, is the real benefit of being a Wahm. The perks of raising your own child, while still bringing in money for the family, are many. Children are only young once, and being able to stay at home with them is one of the top reasons that women choose a Wahm career.

 

Continued in Making the Decision to Work at Home Part 2

Share
By Employment , Leave a Comment