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  1. #1
    Starting to feel at home...
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    Do you still require a 2 week deposit when the start date is immediate?

    I have in my contract that I require a 2 week non-refundable desposit which is applied to their last 2 weeks of care. Now, what is the start date was immediate (one week away)... would you still ask for that deposit? I also request fees to be paid 2 weeks in advance so essentially they would be putting out a month worth of fees. I am wondering if I should waive the deposit? Input

  2. #2
    Euphoric !
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    No, do not waive. The reason for the deposit is still relevant. They pay you the 2 wk deposit now to secure the spot then pay their regular fees their first day.

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  4. #3
    Euphoric !
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    Yes, I charge the deposit (1 week) no matter when the start date is. I use it towards the last 4 weeks of care to hopefully protect myself from parents just up and leaving without giving the proper amount of termination notice.

    However, it can be a huge amount for some parents to pay all at once (3 weeks in my case) and I'd be willing to spread it over the first 2 payments if they asked.

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    FSD

  6. #4
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    I ask for 4 weeks notice for withdrawal so their 2 week deposit covers 2 weeks of the 4. I will see how she feels about it and make a decision. I have been burned in the past and just want to make sure I am well protected while still putting myself in their shoes. I generally have families looking for care months away and have never been in this situation!

  7. #5
    Expansive... babydom's Avatar
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    I wave my fee if their start date is 2wks or less away. If it's more they pay my 2 wk deposit

  8. #6
    Euphoric !
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    I ask one week deposit and 4 week notice (6 if sibling group). I get deposit even if starting next day. This is for me hold in case they up leave and try not pay notice. Amazing when someone lose job how often they expect notice period to be forgiven.
    I also paid 2 week in advance. It occasionally questioned if someone starting soon but once explain that the deposit is held and the 2 week first payment is regular fees, they understand.

  9. #7
    Expansive...
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    I take the 2 week deposit, no matter when they choose to start. Mine is applied to the last 2 weeks of care and is non-refundable if they change their mind, and choose not to start.

  10. #8
    Expansive... BlueRose's Avatar
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    Always take a deposit. It is your safety net. If they want an open spot at a later date (2 months etc) then they pay a HOLDING fee (weekly or monthly) to hold the spot until they need it. This holding fee is OVER AND ABOVE the deposit.

    Think of a deposit like it is "last months rent". If you need to get a place you pay last months rent when you sign the lease. If you don't want to move in when the place is available you still need to pay for it or risk loosing it.

  11. #9
    Euphoric !
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    Fully agree with Bluerose. The deposit is still required, it is not to hold a spot but to prevent a family from jumping ship without payment leaving you without an income. It is not a holding fee.

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  13. #10
    Euphoric !
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    I'm confused as to why its even a question. You require a 2 week deposit to cover your butt. Why are you considering waiving it?

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