How Much Money Does a Daycare Owner Make?

It is important to know how much you want or need to make before setting out on any entrepreneurship venture. If you have a passion for working with children, owning a daycare may be a viable career option for you.

Daycare Ownership

• A daycare owner is responsible for handling the daily operations of a childcare center. Their job responsibilities cover a broad range of activities including hiring employees, maintaining facilities, balancing the books, developing solid public relations between parents and teachers and satisfying legal requirements. If you decide to take on daycare ownership, you will need acute leadership skills and strong business acumen to keep the company on the right course.

Salary Expectations

• Daycare owners do not make extremely large salaries compared to other small business owners in the United States. According to Simply Hired and PayScale, the average small business owner makes approximately $63,800 per year, whereas most daycare owners bring in an average of only $37,000 annually. However, many daycare owners love their jobs and find that working with children is more rewarding than dabbling in more aggressive forms of business ownership.

Additional Insights

• If you want to make additional money running a daycare, you may want to consider opening multiple branches in different geographic locations within a city, county or state. If you can successfully launch an initial daycare and train the right managers and teachers to run the day-to-day operations of the firm, there is no reason why you should not be able to expand your brand, influence and wealth by opening another center.