Free Daycare Budget Template

Saturday, September 17th 2022. | Sample Excel

Free Daycare Budget Template – You open a daycare, have parents as customers, take care of the children during the week, and receive weekly payments from each parent.

Depending on your weekly and monthly income, you need to budget these funds properly to run your business.

Free Daycare Budget Template

Free Daycare Budget Template

We have a free daycare budget template at the end of this post. Before we do that, let’s cover this important piece of information:

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Think of your day care budget much like your personal budget for running a home. There are bills for mortgages, rent, utilities, phone, internet, cable, gas, water, car payments, and more.

For day care centers, budgets should be allocated for building utilities, classroom supplies, classroom supplies, marketing expenses, personnel expenses, etc.

Whether you have a small daycare with 5 children or a large daycare that cares for 50 or more children in a day, you will accumulate several costs that fall into specific categories.

Administrative expenses are expenses necessary for the normal and legal operation of the day care, such as:

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The child support category includes expenses that you have to directly pay to care for your children who are enrolled in daycare.

Her three main subcategories of child support are food, educational supplies and supplies, emergency supplies, and employee labor. Food, educational supplies, and employee labor costs are ongoing monthly expenses. Emergency supplies may only need to be restocked once per semester, but this will depend on the number of classroom emergencies that occur at the daycare.

You can choose to receive food from your local public school district, have free food for day care provided by the state, or ask a parent to prepare lunch for your child .

Free Daycare Budget Template

Even if you are receiving food from the government, you should still consider your weekly and monthly budget for food based on the number of children enrolled in day care.

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If your local school district provides school lunches, all you need to provide is an after-nap snack and a monthly budget for these costs.

Below is an example of a budget for her only one meal per week of breakfast and lunch provided by her community resources or parents. Monday and Wednesday Snacks: Animal Cookies

A 60-ounce container of animal crackers costs about $9.00. Let’s say you have about 7 cups of animal crackers in each container. Each child receives her third of the cup at each snack hour. Serve approximately 21 children per container. It costs about 43 yen per meal. To feed her 50 children with this snack on Mondays and Wednesdays, she would need to buy six containers.

$0.43 per serving x 100 servings (50 on Monday, 50 on Tuesday) = $43. Tuesday/Thursday Snack: Gummy

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A pack of 90 count name brand gummies is about $13.00. 14 cents per bag of gummies. If she only has 50 children enrolled, she will have to buy two boxes in one week.

Giving out 100 of her packs of a total of 180 gums will consume a total of $14 during snack time on Tuesdays and Thursdays.

$0.14 per pack x 100 packs given (50 packs on Tuesday, 50 packs on Thursday) = $14 Friday snack: cupcakes from local bakery

Free Daycare Budget Template

Suppose your local bakery sells cupcakes for $15 a dozen. If you have 50 children, you should buy 5 dozen cupcakes. That’s the equivalent of 60 cupcakes total, and you’ll have to spend a total of $75 at the bakery. Extra 10 cupcakes can be shared between facility teachers and aides. 1 week total

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Based on the example above, you would pay approximately $132 in snacks each week depending on the snacks you provide to your students.

You can cut down on snack costs by asking parents to donate snacks to the nursery pantry. As a reward, you can give her a small promotional credit on your weekly daycare bill, if you like.

There are many educational supplies you need to keep your students engaged while attending daycare. While they are still young, they need stimulating educational activities to start their early journey to primary school through crafts, hands-on activities and books to read.

When you’re in daycare, you’ll definitely need emergency supplies. Incidents happen when you are taking care of a child. They may get into small fights with each other and slip and fall in the classroom or on the playground.

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Facilities must also have carbon monoxide and smoke detectors and fire alarms in case a fire breaks out during business hours for any reason.

You must pay each employee according to the minimum wage in your area and the work experience of teachers and assistants. The more children a daycare serves, the more staff it needs to hire to meet the child-teacher ratio.

If you hire a teacher for $20 an hour to work 40 hours a week, that’s $800 a week.

Free Daycare Budget Template

If her seven teachers are needed to cover her 50 students across daycare, the teachers’ salaries alone would be $5,600 a week and she would be $22,400.

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Calculate the cost of furniture needed when starting a nursery. This includes:

Attracting new customers to your daycare business requires multiple marketing channels. Consider print, social media, newspaper ads, or direct mail ads as a starting point for your marketing efforts.

Print marketing can be copies of flyers advertising your childcare business that you post in libraries, colleges, universities, grocery store bulletin boards, and other local businesses and organizations.

If you want to get more attention in your local community by sponsoring one of our social media ads, this will add to your marketing costs.

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Running a direct mail campaign adds to your marketing costs by paying for postage, mailing supplies, and flyers to include in each envelope. How to create a childcare business budget template

Simply create your chart in Microsoft Word or Microsoft Excel. Create a separate chart in Microsoft Word for each expense category, as shown above. If you’re using Microsoft Excel, you can put all the individual charts on one Excel sheet.

If you don’t have Microsoft software, you can access Drive with your Google account and use the compatible apps Google Docs and Google Sheets. Free sample budget template for daycare

Free Daycare Budget Template

Your monthly food cost will vary depending on the variety of snacks you offer. Educational supplies will be replenished regularly based on the frequency of classroom crafts and the number of materials purchased prior to opening the nursery.

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In the child support section, payroll costs will be a recurring amount as long as you maintain the same number of employees.

At launch, only five teachers ($15 per hour per teacher, 40 hours per week) and five assistants ($12 per hour per assistant, 30 hours per week) are needed to cover the classroom. Suppose there is no

Add any additional costs that may not be listed below and adjust as necessary. If for some reason you don’t need to spend on a particular expense, you can optionally omit it from the chart. child support

1. Is there a way to avoid paying for food at all? Make sure you are enrolled in a government funding program to receive free day care meals. We may be able to work with the school district to provide free nursery meals. If you don’t want to provide treats for your kids in nursery school, you can ask parents to pack treats for the kids separately from lunch to enjoy with them after a nap.

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2. Can I market my daycare business without sponsored social media advertising? Yes! Boost your efforts to get your business out there by having parents review your day care on Google My Her Business and her Yelp. You can also bookmark the nursery social media pages and tell potential new customers about your child’s experience at the nursery. These are all free marketing ideas for promoting unsponsored social media ads.

Note: This blog post is for educational purposes only and does not constitute legal advice. Please consult a legal professional to address your specific needs. the only problem? If you read the comments on these blog posts, you’ll see that it’s not for everyone.

And if you try to stick to a budget that isn’t realistic for your situation, you’ll just fail and give up.

Free Daycare Budget Template

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Rather than following arbitrary numbers Google throws at you and asking, “What percentage of my income should go into different budget categories?”, a smarter approach would be to track spending first and The next step is to track and reduce your spending incrementally, month by month.

That way, you don’t have to set a budget goal and be prepared to fail.

Finding the right goals for you can include housing, food, healthcare, and

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