The 3 Ways To Establish Tuition Rates For Your Childcare Center
Its an age old question, what should parents be charged for childcare tuition? Other variables in the equation include, part-time vs. full-time care and half days vs. whole days and weekly vs. hourly care.
It sounds confusing just thinking about it.
But there are some very simple answers and its my job to lead down the road of salvation. So lets begin with the 3 ways to establish a tuition rate for your childcare center.
1. Do your homework and research: Find out exactly what everyone else is charging. You have several ways of doing this, you can be honest and introduce yourself and your center and mention that you are doing an evaluation of tuition rates in your area or you can do it anonymously. Pretend to be a parent looking for childcare and ask for the rates. Its entirely up to you as to how you want to do your research, but Ill tell you that it is so very important to find out what other daycare owners are doing in your community.
2. Evaluate all the information you have gathered, ask yourself this question:
Which centers have a waiting lists and/or a good...
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