A few of the best policies I've incorporated is

1. Every other Friday I am closed. I only accept parents who have that schedule. It's popular around here, it's called a compressed work week.
2. Payment is due every Monday before care is received. Some pay a month a head of time also. That works too.
3. Collecting the first and last week's fees at enrollment. No pay, not enrolled.
4. Not giving out paperwork until first and last week's fees are collected.
5. All money received by me is non refundable. No exceptions.
6. My vacation time is unpaid. It's unpaid for a reason, it's mine. I budget accordingly for my time off.

Just a few I'd thought I'd share!

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