Chasing Down Payments

[MunchkinWrangler]

So far, my families are great and if they forget they drop it off midday or by the end of the day. It rarely happens that anyone forgets.

If I were to have to deal with this issue, I have in my contract the 'no pay, no play' line. They have by the end of the day to make their payment and if not they can't drop their child off for care until payment is made. I have tossed around the idea of attaching a late fee but like I said so far I haven't had an issue with this.

[AmyKidsCo]

Payments are due Thursday but aren't considered late until 5pm Friday. All of my parents do direct deposit except the ones who pay monthly. I send out invoices the last Monday of the month, and that's usually enough to remind them. One family usually brings their check Tuesday but the other one sometimes needs a reminder Friday morning.

[e.j.]

I don't remind parents every week that they have to pay me. They all know payment is due on Monday and most families have been great about paying on time. Some tend to be a little more forgetful than others and when they are late in paying, they do get a reminder along with a late fee if it becomes a regular problem.