Raising your rates

[5 Little Monkeys]

One of my children is going to be done in 2 weeks and I will have a spot to fill. It is only a Mon/Tues spot though. I charge $30 a day now for all current clients. I am considering raising it however for the open spot. Other daycares in my city charge anywhere from $20-$35 with $25-$30 being the most popular.

Do you charge differently for full time and part time spots? If so, what is the difference...$5, $10? I have tried to eliminate pt spots and charge ft regardless. However, because I still have one pt child in my care(grandfathered in under the new rule lol), I only have a mon/tues spot open now and thought it would be good to fill it for the extra money. Because the other days are not an option to come I obviously can't charge ft though.

[Mike]

My rates will be different for full time vs part time. It just makes sense. And nothing wrong with adjusting rates when you have a blank spot. That's the best time to do it.

[5 Little Monkeys]

I've only been open just over 2 years and hadn't even thought of raising my rate. Around here it's just not common. However, I thought I would try it. $30 and above is already too much for some families so I'm not sure what kind of response I will get.

I actually was just speaking to a current dc parent and she has a friend who is need of dc because her hdc she is using is closing. Hopefully she is interested as than I wouldn't have to advertise!

[superfun]

I'm from the same town as you, as long as you are who I think you are. :) I'm charging $35 per day and haven't had any problems finding good families. I would say anyone that is able to pay for part time instead of full time will be happy to pay 35 instead of thirty. I lower their price when their child turns two, and then they pay $30.

[5 Little Monkeys]

Superfun...I have no idea who you would be!! lol. Inbox me haha

I think I will raise my rate for this part time spot, just haven't decided how much yet.

[sandylynn]

Has anyone had a family leave when you increased your rates....Funny enough...I have had 2 parents recently tell me that I UNDERCHARGE and that I should increase my rates...so ....I am going to! I know I will get a hard time from one of my parents (she loves the word 'FREE' she told me! LOL).....

[Suzie_Homemaker]

One of my children is going to be done in 2 weeks and I will have a spot to fill. It is only a Mon/Tues spot though. I charge $30 a day now for all current clients. I am considering raising it however for the open spot. Other daycares in my city charge anywhere from $20-$35 with $25-$30 being the most popular.

Do you charge differently for full time and part time spots? If so, what is the difference...$5, $10? I have tried to eliminate pt spots and charge ft regardless. However, because I still have one pt child in my care(grandfathered in under the new rule lol), I only have a mon/tues spot open now and thought it would be good to fill it for the extra money. Because the other days are not an option to come I obviously can't charge ft though.

I not take PT children but it common in this area for PT days to be charged at $5 more than FT.

[Van]

I am having a hard time filling a spot so it is telling me I am too high in the fees for the part-time spot so now to bring it down and get the spot filled. Live and Learn

[5 Little Monkeys]

I thought I was going crazy because I didn't remember writing this.....than realized it's an old thread lol

I ended up raising my rates for all. Never did fill my mon/tues spot as I was fine without it.....now kinda wishing I had to have that extra money lol. Oh well.

[Van]

LOL Good to know you are not going CRAZY 5LM but be prepared for forgetting things as the mind seems to turn to mush while we are Pregnant LOL

[5 Little Monkeys]

I'm scared....my memory already is AWFUL!!

[Van]

At least you have a good excuse.....NOW lol, the rest of us just look a mess of forgetfulness,
it helps to have a list of things to do or to remind yourself to ask the Dr about something
writing it down helps your to stop worrying about stuff and also to write down your journey of being Preg
if it is nice to read back later you might like to keep it as a keep sake but if not, you can always shred it :)

[Beanie]

I recently raised my rates after 2 years running and no rate increase. I had signed on a new baby at the increased rate a few months back and gave notice to the current families that rates would increase as of July 2015 (almost 3 months notice). I had one parent leave due to this but filled the spot right away. I was nervous that I would loose more than one but decided that what i have to offer is worth more than what i was charging. Good news was that the dkp that left was the one i was hoping would move on to find something that fit their needs better and stopped "complaining" about things everyday! worked out for me!

[mickyc]

As of July 2015 all my families are at one rate of $30! I have a new one starting in sept and am charging $32 until 16 months old then it goes to $30. Hard to believe I was charging $25 when I started just under 5 years ago