Tring To Figure Out Rates

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  • Alwaysgreener
    Home Child Care Provider
    • Oct 2013
    • 2520

    Tring To Figure Out Rates

    I am opening a day care and I was approached by a mom that has 3 school aged kids. She would like to know what I would charge for her for before and after school. It would be 2.5-3.5 hours daily. She would supply breakfast and after school snacks. I want to do a flat rate vs hourly.
    If I am charging $40 for all day (up to 10 hours) for a preschooler.
    What should I charge for school aged kid?
    Should there be a discount for 3?

    Thanks in advance for your help.
  • blandino
    Daycare.com member
    • Sep 2012
    • 1613

    #2
    A BIG thing to consider is whether the child/children will take up a full-time spot for you. Some states allow a provider X number of school age children in addition to their regular full-time licensed capacity. In my state you are allowed 7 children no matter what, even if they are just there before and after school. So for me, (if I did take school age) they would take up a full-time opening and stop me from taking on a full-time child. So therefore my rate would be higher to make up for the fact that I am keeping those spots open for them, and not making $40.00/day. Does that make sense ?


    If you are allowed to have school age kids in addition to your licensed capacity, I would charge maybe 10-15.00 / day.

    If the school age kids count the same as your other full-day kids, I would charge more like 20.00/day/

    Comment

    • TwinKristi
      Family Childcare Provider
      • Aug 2013
      • 2390

      #3
      I charge $7/hr for before/after school care which includes meals and transportation to/from school.
      That's not what I would charge for a FT spot for an infant/toddler but if a SA child was here and accrued more hours than my daily rate (which would be difficult with my business hours) than I would probably stop charging at my daily rate. If it takes up a spot in your care that another child can't take than you should charge accordingly. I would discount for the 3 siblings but not by much. Maybe 2/$75 and $5/hr for the SA?

      Comment

      • melilley
        Daycare.com Member
        • Oct 2012
        • 5155

        #4
        Originally posted by blandino
        A BIG thing to consider is whether the child/children will take up a full-time spot for you. Some states allow a provider X number of school age children in addition to their regular full-time licensed capacity. In my state you are allowed 7 children no matter what, even if they are just there before and after school. So for me, (if I did take school age) they would take up a full-time opening and stop me from taking on a full-time child. So therefore my rate would be higher to make up for the fact that I am keeping those spots open for them, and not making $40.00/day. Does that make sense ?


        If you are allowed to have school age kids in addition to your licensed capacity, I would charge maybe 10-15.00 / day.

        If the school age kids count the same as your other full-day kids, I would charge more like 20.00/day/
        I was going to say the same! I don't take before and after.

        Comment

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