start up costs???
Results 1 to 20 of 25

Hybrid View

  1. #1
    Join Date
    Mar 2011
    Location
    Manchester/Oldham
    Posts
    572
    Registered Childminder since
    Mar 12
    Latest Inspection Grade
    Good
    Post Thanks / Like

    Default start up costs???

    Hi there,

    I just had a quick question, I am trying to sort out my finances as I have been made redundant, so money will be tight. I just wanted a rough idea of start up costs, reg fee' s, insurance, etc. I have my pre reg course the beginning of July, not far off now, but am trying to do some bits and bobs now, to get me in the right mindset.

    This is so I can get a rought idea in my head, and roughly set some money a side to lessen the impact.

    Any imput will be appreciated

  2. #2
    Join Date
    Feb 2011
    Posts
    243
    Registered Childminder since
    July 11
    Latest Inspection Grade
    Good!
    Post Thanks / Like

    Default

    I have spent a fortune but I have been 'collecting' things for a few months and it soon adds up!

    Do you have your own kids? Do you already have any equpiment etc

    I have 2 daughters who are 6 & 4 so found i needed to re-buy alot of the younger things, highchair, buggy etc

    As for fee's you might get some help with grants etc but there is nothing in my area so i have personally had to pay for:

    First Aid course - £80
    Ofsted Fee - £35
    Cypop course (with ncma) - £190
    GP Health declaration - £30

    Then there is public liability insurance, possible increase in your home and car insurance, signing up with the data protection people......that's all i can think of for now.

    Sure someone will be along with a more definitive list x

  3. #3
    Join Date
    Sep 2010
    Posts
    1,031
    Registered Childminder since
    Sept 09
    Latest Inspection Grade
    Outstanding
    Post Thanks / Like

    Default

    GP Health declaration - £30
    This can vary as GP's can charge from £35 some people on here have paid £100.

    I wouldn't buy to much equipment until you actually need it high chairs etc see what age children you will be looking after as you may buy a load of baby stuff and not need it if you have 3 and 4 year olds. Especially with money being tight. I had to start from scratch as my two are teenagers so I got the safety equipment needed fire blanket/ first aid kit etc then some opened ended resources that everyone likes wooden blocks/animals/dolls/puppets/craft and have gradually built up. When I signed up a young baby I then went a bought the things I needed eg bouncy chair.
    Car boots are a good place to look as I got my travel cot from there it belonged to some grandparent that kept it for their grandson had hardly been used.
    Pixie Dust

  4. #4
    Join Date
    Dec 2010
    Location
    Top secret location
    Posts
    190
    Registered Childminder since
    Apr 11
    Latest Inspection Grade
    GOOD
    Post Thanks / Like

    Default

    My total start up costs were £2864 but that included everything from fuel to get to courses and gp costs and toys ect. I probably got more than i needed to start with but hey ho
    Crazy Crackers

  5. #5
    Join Date
    May 2011
    Posts
    206
    Registered Childminder since
    Oct 11
    Post Thanks / Like

    Default

    Im quite lucky as i have 2 young children so the baby items and toys etc are covered, i have had to pay out £85 for 1st aid, £150 for my course, £35 ofsted, my council pay for my 1st years insurance which is a help

  6. #6
    Join Date
    Oct 2010
    Posts
    383
    Registered Childminder since
    Jul 11
    Latest Inspection Grade
    Good
    Post Thanks / Like

    Default

    It seems to be costing me a fortune:

    - Ofsted fee: £35
    - First Aid Course: £117.50
    - CYPOP 5: £120 (I think, must chase them for a receipt)
    - Food safety course: £58
    - Health declaration: £61.50
    - First aid kits (one for home and one for out and about): £30.51
    - Fire blanket: £18
    - Mattress for existing travel cot: £30
    - Safety film for glass: £16.50
    - Safety locks, bolt for front door, other safety stuff: £50
    - Domain name and webspace to host my website for 1 year £35

    So about £570 so far but I still have loads more to buy. I have decided to draw the line now and will not be spending a single penny more until I am registered and somebody is ready to sign a contract. I estimate it will cost me about £1500 in total, partly because I have my eye on a new Phil & Teds Explorer.


    I still need to pay for:
    - insurance
    - NCMA membership (might not bother with this one)
    - contracts and possibly some other paperwork to get me started
    - lots of printer ink and folders for all the paperwork I have to print
    - double buggy
    - ICO registration
    - paper towel dispenser
    - fridge thermometer
    - toys for older children (mine two are still little)
    - an extra high chair or booster seat
    - multicultural resources
    - some advertising, maybe fliers or childcare.co.uk (not sure what yet)
    - who knows how many other millions of things

    Luckily I have some toys, books, travel cot, safety gates, socket covers, children's plastic dishes, changing mat and some other things due to having young children of my own.

    There is NO WAY I could have registered if I didn't have such a hard working hubby funding me So a big thanks to him!

    When my friend registered a few yers ago she got loads of grants and free courses and hardly had to pay for anything.

  7. #7
    Join Date
    Oct 2010
    Posts
    383
    Registered Childminder since
    Jul 11
    Latest Inspection Grade
    Good
    Post Thanks / Like

    Default

    Quote Originally Posted by newbie1512 View Post
    My total start up costs were £2864
    Gosh that is a lot! I hope you have found lots of mindees and earn it all back quickly

  8. #8
    Join Date
    Jun 2011
    Posts
    96
    Registered Childminder since
    Jun 11
    Post Thanks / Like

    Default

    Wow! I feel really lucky compared to you guys! I have a 1 year old, 11 year old and 8 year old step children so already had many toys but still, I guess Gloucester is the place to be!

    First aid: £40
    Health dec: £0
    Course: £0
    Ofsted: £35

    I can't believe some areas are charging over £100 for the course!

 

 

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  

Quick Links and Advertisements

Important Information Links
Some Useful Quick Links
Advertisements

 

You can also find us on:
start up costs??? start up costs??? start up costs???

We use cookies to make this site as useful as possible. They are small text files placed in your browser to track usage of our site but they don’t tell us who you are.
By continuing to use this site you are consenting to cookies being placed on your computer. Find out more here: Cookies in Use

Childminding Help and the Childminding Forum are part of Childcare.co.uk