So many providers have tight budgets for their child care business. That got me wondering if we had an extra $2000 what would we buy for child care. Let’s have some fun and see what we would get if we had a little mad money to spend.
Is your enrollment down? Do you have several spots to fill but few inquiries? The upcoming holiday season can be a very slow time for new enrollments for many childcare providers. But there are other ways to bring in income for your child care business. So whether or not you’re enrollment has dipped and you find yourself with open spots check out the following SUPER EASY ideas for adding extra income for childcare businesses.
Do you charge enough for tuition at your child care? Have you struggled with raising your rates? Do you think you will lose clients due to a rate increase? Those are questions many providers ask themselves and struggle with. Today let’s talk about just how to raise childcare rates.
The simple fact is just about every year we have greater expenses than we had the year before. Prices go up, items need to be replaced and more supplies might be required. Maybe you have hired an assistant. More expenses mean a need to increase the income that the business brings in.