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