Should i change my rate?

[dave4him]

Really not sure why i lowered it down, i think it was when i was desperate to fill my daycare

[lovemykidstoo]

Really not sure why i lowered it down, i think it was when i was desperate to fill my daycare

I hear ya, I've done that too. If you just re-started her in May, I probably wouldn't change it. I would wait until the 1 year.

[itlw8]

that is a BIG jump/ I would raise it though. $10 a week and I would let her know now it will be going up Jan 1st.

I would also charge any new family 110 a week. if her hours increase raie it up to the 115.

[busymommy0420]

I opened in May of 2011 and set my rates low, by looking at Craig's List Ads. I wanted to raise them after I opened and filled up so quickly. I waited until January to raise them and went from $25 a day to $32 a day. The rate is average for my area. I felt for me it would be better to have lower income vs. no income coming in if I were to change my rates too early after signing contracts, if the parents were to leave my program. I had a new contract written for January 1st 2012 and all my families signed and were fine with the increase.

[LK5kids]

this!! I hate when people say you are way undercharging if they don't know the exact area you live in. Rates can REALLY vary depending on geographic location. Even within a state there can be a huge difference. There are many areas where $20-25/day is a very "average" daycare rate and there are areas where $40/day is considered cheap!!

What is your full time rate? I would charge that or very close to it - maybe discount it $5-10/week for the 2 shortened days. But, how long have you had this client??? I would not raise their rate if they've been with you less than 6-12 months. I think its very unprofessional to get a client in the door and raise their rate soon after.

I agree with all you said.