Just wondering how you charge for daycare. Do you charge weekly? Or do you provide a flat monthly fee?
For me it's weekly, $200. Parents have the option to pay me biweekly or each week. They all opted to pay weekly. So every Monday, I get their payment.
I had considered a flat monthly rate of $800 but essentially that would mean payment for only 20 days ($800/$40). However, most months I'm providing more than 20 days of daycare, therefore I would be losing money, so that's why I choose to do the weekly route. Just wondering if there was some advantage to this flat monthly rate that I'm not seeing. Thanks.