Originally Posted by LysesKids:
What you didn't take into consideration is... of the people on the waitlist @ least 50% all find other care before your spot opens, as was said, you also have priced out potentials... then there is the 3 people quit, no notice, but nobody on the wait list needs you this month because they weren't expecting the spot to open sooner.
Too many factors for upping fees just to shorten the waitlist. Unless you have lived real world waitlist for home daycares don't think it will work; theory vs Real life - 2 totally different things... even the area can contribute as a factor. Blue collar neighborhoods can't afford even half of what most city folks pay
As I've mentioned in a different post, an alternative strategy could involve allowing people to pay a fee (say, $5000) to skip the waitlist and be the first to get a spot whenever one is free. There are certainly parents desperate to find daycare amongst my friends who would gladly pay a reasonable amount to skip the lines.