I look ate setting fees this way .... the government regardless of your province caps our income at X the amount of children we are allowed to have under their rules so in Ontario that is 5 other provinces vary! If I need to make Y amount of income at the end of the year after my projected expenses the easiest way for me to set my fees is to divide Y by 5 to determine the annual revenue I need from each of my allowable clients ... I than take that number and divide it to determine my FULL TIME RATE which is the easiest and most secure form of income.
Now if I can going to offer PART TIME services to clients that puts my projected income at RISK because chances are I will no longer be 'full' if I cannot find someone to offset their noncare days and therefore I charge MORE for that service because IMO it is a PREMIUM service and I need to ensure that set my fees to ensure that I am viable so if offering a service poses a risk your fees for that service should reflect that and make 'up' for it so to speak.
Offering FLEX TIME where a client is occupying a full time space because their days change and fluctuate each week makes it VERY hard to find another client to offset that space and keep my income full and as a result I do not even offer this as an option because my current business plan and budget is based on being FULL everyday and this style of care prohibits that .... but if I did I would still charge MORE than my full time or part time rate for this service because it is not just premium service that part time is - it is PLATINUM service that they are asking for and needing ... expecting a service provider to forgo the security of an income of a full time client for the commitment of serving them a few times a month at their beck and call to when they 'need' the space and only wanting to pay for the days used!
Think if it using this anaolgy to explain to clients .... if you needed access to accommodations and wanted to ensure it was 'therefore you' when needed on a moments notice you have two choices .... you can rent an apartment and you pay for that apartment space regardless of use and it might cost you $800 a month or $26.66 a night and if your routine use of it is 'consistent' you might be able to find someone to 'share' that space with some nights but you'd likely charge them a bit more per night cause you'd have to change your sheets more and so forth ..... however if some months you might only need less than $800 worth of stays and you only want to pay for the nights you need your option is to rent a HOTEL where you are going to pay a PLATINUM RATE of between $85 - 150 a night depending on the 'quality' of extra services provided ... in the daycare world this is FLEX CARE![]()


































Reply With Quote


