I take a $150 deposit which I apply to the first 2 weeks of care (it is non-refundable). I have a 2 week trial period where I can immediately terminate or if the family doesn't think the care suites them then they can terminate as well. I am guaranteed the $150 which turns out to be 1 week of care.

As for teachers I currently have 1 parent who is a teacher. Our agreement is that I get paid regular pay from Sept to June. For July and August I fill the spot with another child. If for any reason I can't find someone to fill those 2 months then they are prepared to pay to maintain their spot. So far I have had no problems filling the spot for July/August only as other daycare's in the area close down for 2 months or school aged kids need care.