Today I thought I would talk a little bit about why you need a Pricing Strategy for your Family Child Care (FCC). I say strategy, but really its more of a pricing policy for getting paid what you are worth. Spoiler Alert: it’s actually not going to lead to a rate of pay that is anywhere near what you are worth. What it will do is get you into the habit of charging a FAIR rate of pay and hopefully give you a sound base to build your business on. Here are 10 Reasons Childcare Providers Need a Pricing Strategy.
You know that old adage “Failing to plan is planning to fail”? Benjamin Franklin said that by the way. Well, I found that in most cases this is true. The fact is we get busy and if we haven’t made a plan for your childcare or at least written down our goals we tend to forget them.
In fairness, if you run a childcare you are a very busy person. So forgetting things especially if they are ideals or goals is very likely.
But it doesn’t have to be. We can take some time at the end of the year (like right now) and look forward to what we want to accomplish for the coming year.
Has this ever happened to you: you’re changing a diaper and the doorbell rings. You’re in the middle of everything and just can’t stop to run to the door. You can either take a bare butt baby to the door with you (not a good look) or you can make whoever is at the door wait. What do you do when you can’t answer the door?