Originally Posted by Unregistered:
I will have been open for 1 year in August and thinking about raising rates. What's typical? I charge a daily rate for 9 hours a day. The rate is $55 for under 2 and $50 for over 2. I'm noticing other providers in my area going up to around $60 a day for 8-10 hours a day for a 2 year old. I think that would be too big of a jump for my clients. I was thinking of upping my rates by $5/ day. What do you think?
Your prices are almost double the low end of my area, but again regional pricing differs so much. Are you raising the rates for current families or only for new clients? How many open spots do you have? $5 a day just seems a bit excessive-it's about $1300 more per year. Be prepared to lose clients. It seems more fair to raise your rate to $57/day to have a $10 weekly gain. But hey, whatever works for you!
