I can’t see it as being a high expenditure business. Majority of spending should be towards rent/mortgage and repair and maintenance. It’s not like there is a lot of consumables or anything. All that money has to go somewhere.
Not sure if we are talking about daycare or elder care at this point in the thread, but it applies to both: they work with vulnerable populations and entail a lot of risk / legal liability, thus have significant insurance costs and regulations to comply with.
Cleaning supplies alone are a huge consumable. Arts & crafts materials. Toys are basically consumables because kids play rough. Same for books. Some daycares include breakfast, lunch, and snack. First aid supplies, kids hurt themselves all the time.
But yeah, definitely also lots of diverting profits up to the CEO 😓
When we consider all that reasonably goes into running such a service, we can rationally figure out how much is being diverted to the wrong pockets and make it better.
I can’t see it as being a high expenditure business. Majority of spending should be towards rent/mortgage and repair and maintenance. It’s not like there is a lot of consumables or anything. All that money has to go somewhere.
Not sure if we are talking about daycare or elder care at this point in the thread, but it applies to both: they work with vulnerable populations and entail a lot of risk / legal liability, thus have significant insurance costs and regulations to comply with.
Cleaning supplies alone are a huge consumable. Arts & crafts materials. Toys are basically consumables because kids play rough. Same for books. Some daycares include breakfast, lunch, and snack. First aid supplies, kids hurt themselves all the time.
But yeah, definitely also lots of diverting profits up to the CEO 😓
I appreciate your realistic assessment here.
When we consider all that reasonably goes into running such a service, we can rationally figure out how much is being diverted to the wrong pockets and make it better.
probably not as much as employee salaries, if they offer benefits. and managment or administration costs(they claim)
probably bs things like admin, or managment fees.
i assume its for some type of insurance but I also don’t run a day care.