Opening a home daycare

[Fearlessbaby]

Thank you, I've been learning a lot from this forum, I have a few concerns though - for instance, I want to tell parents that their child can only stay 9-10 hours and what should I charge if they decide to come pick up their child late?
Also, do you open on national holidays? If not, do you get paid?

[Inspired by Reggio]

Thank you, I've been learning a lot from this forum, I have a few concerns though - for instance, I want to tell parents that their child can only stay 9-10 hours and what should I charge if they decide to come pick up their child late?
Also, do you open on national holidays? If not, do you get paid?

If a 9-10 hour max is a value to you than you make this clear in your contract....so for example my business hours are 7:30 - 4:30 and my normal fees are based that nine hour day and if you want MORE than nine hours you pay for extended morning care or extended evening care past that nine hours as per your contract with me.

I charge $1/minute late fee if you arrive after our 'contracted' hours, plus my contract clearly states that chronic issues with being late will result in termination of the contract because I do not WANT to deal with late clients regardless if they compensate me or not!

I think most providers choose to be closed on Stat holidays ~ direct payment for that day depends on the area you live and personal preference ... some people choose to have a little higher daily fee and NOT charge clients whenever they are closed and other providers choose to base their fees on the annual income they need for the 'space' and than divide that by 52 weeks and require clients to pay for the space regardless if they are closed for the listed stat days, vacation or however many sick days they want to factor into that fee and so forth!