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[–] 1 point 3 months ago (10 children)

I actually can.

The daycare my kid goes to is considered a cheap one. It's $1,000 a month for my son because he's three, and it's even less for older children.

They have about 15 kids enrolled, including two or three babies they care for.

I'm guessing they bring in around $15,000 a month in revenue. They have four employees. Three of them are probably making around $20 an hour, and one manager is likely making a little more than that. Four employees working 40 hours a week is already consuming most of the revenue they bring in each month.

Maybe I'm missing a lot of variables here, but when you add in rent, utilities, insurance, food, supplies, licensing, maintenance, and everything else it takes to keep the business running, it doesn't seem like there's much left. Aside from payroll, they're probably making very little, maybe only a couple thousand dollars a month in profit.

Businesses like daycares and nursing homes, anything that provides quasi-medical care, generally make very little profit. They're there to fill an essential need, not necessarily to generate massive profits like you see with many internet businesses.

I'd even argue that if you doubled tuition to $2,000 a month, it wouldn't dramatically increase how much money they actually make. Higher wages, insurance, regulatory compliance, facilities, food, equipment, and other operating costs would still consume a significant portion of that additional revenue.

They take care of kids man... It's a hard job and they're already getting paid bullshit for it.

Like I said in my original comment, if you want to change this, we need to change it from the fundamentals, not the business model itself.

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  • [–] 0 points 3 months ago (9 children)

    Kids are put there out of necessity for a second wage and then that entire second wage gets gobbled up, see the irony there. It's not working.

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  • [–] 1 point 3 months ago (8 children)

    What? Nothing you said was ironic... Or made any sense.

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  • [–] 0 points 3 months ago (7 children)

    I'll explain it slowly, parents need a second wage to pay the bills as a result of this their kid gets put in daycare which they rather didn't.

    But then that daycare eats up that entire wage, leaving the parents in the same spot financially but now without time or energy.

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  • [–] 1 point 3 months ago* (last edited 3 months ago) (6 children)

    If you're trying to say that parents need a second job or supplemental income to pay for daycare you might be correct. Maybe, probably. I don't know. But that has nothing to do with what I was saying.

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  • [–] 1 point 3 months ago (5 children)

    No they need a second wage to pay the bills.

    As a result of that the need for daycare arises, then that daycare gobbled up that ENTIRE wage in my country.

    It does not work. It costs too much. No matter how much you justify the cost from the business point of view.

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  • [–] 1 point 3 months ago* (last edited 3 months ago) (4 children)

    I don't know what country you're in. I'm in America, and that's what I was basing my comment on, which is also what the original post was discussing.

    Maybe things are different in your country and daycare overhead is nonexistent. I don't know.

    In any case, your disbelief doesn't make my statement untrue. If you want to dispute what I'm saying, you're going to need to back up your claims with some kind of evidence rather than just responding with "nuh-uh."

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  • [–] 1 point 3 months ago (3 children)
  • [–] 1 point 3 months ago (2 children)

    Sandra?

    I'm going to give you the benefit of the doubt and the fact that English isn't your first language that this was some kind of spelling or auto correct error or translation issue and not some sort of feeble attempt to emasculate me.

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  • [–] 0 points 3 months ago (1 child)

    No I was being a dick you dumb sealant.

    You can't really believe I'll be posting a friend's private bank statement online to prove some silly argument with a idiotic stranger online that's actively trying to run away from the possibility of being proven wrong in an argument.

    Go bother your family and stop replying to me.

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  • [–] 1 point 3 months ago* (last edited 3 months ago)

    Jesus Christ. You calling me stupid is like a participation trophy calling someone unsuccessful.

    And you responded to me, jackass. You don't want to talk to me? Block me and go back to eating paint chips under the overpass.

    Also, what the fuck does your friend's bank statement have to do with overhead costs for daycares?

    You realize your comment sounds so incredibly dumb that I thought English was your second language. And don't tell me you did that shit on purpose. You didn't. You're just stupid.

    Jesus fucking Christ. You're what's wrong with the world.

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