Rate change; how to inform?

[Momof4]

My contracts renew once a year and everything in the contract is guaranteed for the year. I would hold firm as you are now with your current clients and raise the rates at the annual renewal date if you have one. If you don't then Playfelt is right about choosing Sept. as a good time for them.

You can reassure families that you will not be raising your rates by guaranteeing the contract from a start date to a finish date as I do. And to explain why you are raising your rates, it's simple - cost of living increase.