Originally Posted by Play Care:
One thing that I DID and do not regret was to start out BIG. Contracts, posted hours, and putting myself out there as the BOSS of my business (if the parent wants to be in charge, then they can hire a nanny) You can always dial it down if needed, but it's a lot harder to take back the power once you've given it away.
Good for you! This would be a huge help for people just starting out.
And to add to this point is to have good policies and enforce them, including late fees, sickness policy,
Things I changed after learning they didn't work:
Not letting kids bring their own toys or food. It causes fights.
Making sure parents pay their weekly tuition regardless of attendance. This is huge. A provider should get paid no matter what.
Requiring a two week deposit. It keeps parents from skipping out on you and helps weed out those who usually do that.