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![]() The national average hourly wage for babysitting is $13.97. This business draws in revenue from each babysitting job completed. How does a babysitting business make money? In general, your clients are looking to build a long-term relationship with a trusted and reliable caregiver. Who is the target market?įamilies and working parents, ranging from affluent to middle class, will be your primary target audience. Aside from the costs associated with commuting, your largest business costs will be business insurance and a marketing strategy. If you employ other babysitters, consider paying them as a freelancer to cut down on your ongoing expenses. Since you are commuting regularly, fuel costs and vehicle maintenance should be budgeted on a monthly basis. ![]() Your website should be properly maintained and updated as a standard regimen. Like the startup costs, there is very little overhead involved in running a childcare business. What are the ongoing expenses for a babysitting business? A website will likely cost $500 or so for design, development, hosting, domain registration, etc. Marketing, on the other hand, can be as simple as a website and social media promotion. Gas may cost an average of $15 per week, or perhaps you’ll use public transportation, which may cost $20 per week. The two main expenses a babysitter will have are transportation and marketing. Consider the online services you would like to offer your clients before discussing a site build with a developer. It does not have to be fancy, but a website will help with your marketing campaign. A website will be your largest initial investment. This cost will most likely fluctuate, so keep some revenue in savings, whenever possible. Reliable transportation is paramount to the success of your company. Regardless of how you structure your new business, start-up costs are extremely low. It's very important to secure your domain name before someone else does.įind a Domain Now Submit Powered by What are the costs involved in opening a babysitting business? When registering a business name, we recommend researching your business name by checking: If you operate a sole proprietorship, you might want to operate under a business name other than your own name. If you don’t already have a name in mind, visit our How to Name a Business guide or get help brainstorming a name with our Babysitting Business Name Generator What will you name your business?Ĭhoosing the right name is important and challenging. Luckily we have done a lot of this research for you.
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