by: bagpuss - 27-10-12 20:21
Has any private day nursery owner rejected the government funded places and survived soley on private day care? If so are you only required to have Ofsted visits or do you still have to let your local government in?
by: Tish501
Tempted....7 weeks down and still waiting for the 2 year old funding payment do they think we run on fresh air ??
by: bagpuss
I have a plan to reject 3 year old funded places and specialise in baby and toddlers and also reject 2 year old funded places. But i wonder if its because I am bitter and twisted about how we have been treated by our council and whether it would backfire!! Also children's centres in our area are full so where would they go??
I just think owners should be treated with more respect and not dished out advice from early years councillors who have never owned run or worked in a nursery and have NEVER put there family money in to pay the wages which is what I am doing this week........
by: mel
I can see exactly what you are saying as after 5 weeks we are still waiting for our government funding payout. Even through I had my forms in the first day. When it is coming close to my staffs pay day & funding is still not here it is very scary as a private nursery manager.
Margins are tight as it is and money that has already been paid out in staffing & feeding children whilst waiting for funding is very unfair!
by: Tish501
That is how they do it..hold back the funding for just one setting for just one week longer,,multiply by hundreds of settings waiting and you have a tidy sum left in their bank and not yours where it earns interest for them not you...... my 2 year old funding will not arrive until we are 12 weeks into the 14 weeks of Autumn funding so I was told last week when I rang.I am livid.....
by: whmon
The other problem with funding is that even though it doesn't cover the cost of the places, it is still counted as taxable income so that even though you make a loss by accepting it you are taxed on it as if it was genuine income.
by: bagpuss
I tried to explain to my Early years councillor that I make a loss on every grant child taken and she just stared at me blankly and reiterated that I could lose all my funding if I didn't work with them,,,,,,why work with them at all if there is no incentive to do so?