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  1. #1
    Euphoric !
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    Jan 2015
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    Quote Originally Posted by Emma H View Post
    Is the teachers schedule something that is in high demand
    No more so than other industry and will change on your location and main employer in your area. I have lot of fishermen because that big industry here. I doubt it be high demand in down town Toronto.
    If you live next door to school, then it be higher demand. This is geography

    What kind of increase would be reasonable....
    It don't matter what reasonable. It matter what people willing to pay and what you need to pay your bills.

    So if you give Summer off, that is 10 week.
    When you say Christmas and March Break for free, not clear if you mean open or closed but since it free, Christmas is 2 week and March Break 1 week so altogether that mean 13 week a year no income. Quarter of the year no income.
    If you plan to charge more then you have to charge enough to cover 13 week no income.

    $35 a day = $175 a week. x 52 week a year = $9,100 from one FT place open year round

    So to have same income but not open summer and to be "free" March Break & Christmas,

    $9,100 / 39 weeks open a year / 5 days a week = $46.66 a day needed to have similar income.

    If you think you can consistently fill places based on teacher as little point having summer off for some and not others, then you need to be ale to charge $46.66 a day for places.

  2. #2
    Euphoric ! Dreamalittledream's Avatar
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    Hello. I operate a teacher's only daycare (my husband is a teacher and it's so wonderful to have family time off together). My daily rate is about average to high average for my area; but honestly, I attribute that to my earned experience and high quality care. Christmas Break, March Break and what usually ends up to being about 6 weeks consecutive total off in summer (a week after school ends and 2 weeks prior; prep time) are all unpaid breaks for me. I budget accordingly for these breaks. For the first while I opened for 3 days during the week during the summer break (& actually took on older, full-time children too)...I won't do that again. I found the attendance was spotty and opening for 1 to 2 kids really wasn't worth my time. I have had other local providers that envy my situation and try to get teachers only clients as well....although that can be difficult to build, once you're in and admired (and can find a way to offer incentives such as mine in unpaid vacay time), teachers are a very small network and you will hopefully find yourself full and waitlisted, as I am lucky to be. Hope that helps.
    Children are great imitators.
    So give them something great to imitate.

    ~Anonymous~

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