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Old 08-01-2014, 03:46 PM
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Default Well drat. Time to up my rates I guess

I got a call for daycare today and when she asked me my rates and I told her, she said that's cheaper than the other places she's called.
I just changed some of my rates such as upping the sibling rate and getting paid 52 weeks a year. I'm not sure if I dare to make too many changes so soon.
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Old 08-01-2014, 03:48 PM
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Did you actually up your sibling rate, or simply do away with a sibling discount?
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Old 08-01-2014, 03:52 PM
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If you're afraid of scaring off your current clients why not just up your rates for new clients?

In the new year you can raise the rates of your current families by a few bucks like $2-$5 a week and continue to increase your rates each year until you catch up with your new rates.
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Old 08-01-2014, 04:00 PM
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Sibling rates-I was charging 105. for the 1st child, 80 for the 2nd. Now it's 105 and 90.

I have no idea what my rates should be? If mine are so low, why am I not getting tons of calls?
I will change them for new clients, that's a good idea. Trouble is, I've gotten 2 calls this week and quoted them both my current rates. I'm meeting with 1 family on Sunday. After telling them it's 105 I can't exactly go back and say 'oops, changed my mind' can I?

Thanks for your advice! I've said it before but it needs repeating, I don't know what I'd do without this place.
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Old 08-01-2014, 04:08 PM
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Quote:
Originally Posted by Josiegirl View Post
Sibling rates-I was charging 105. for the 1st child, 80 for the 2nd. Now it's 105 and 90.

I have no idea what my rates should be? If mine are so low, why am I not getting tons of calls?
I will change them for new clients, that's a good idea. Trouble is, I've gotten 2 calls this week and quoted them both my current rates. I'm meeting with 1 family on Sunday. After telling them it's 105 I can't exactly go back and say 'oops, changed my mind' can I?

Thanks for your advice! I've said it before but it needs repeating, I don't know what I'd do without this place.
Could you say something like, "My current rates are $XX per week. I will be raising on Sept 1/Dec 1/Jan 1 (this can be whenever you feel comfortable with) to $XX per week." (Or alternatively don't give a set raise - give an estimate)
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Old 08-01-2014, 04:09 PM
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You could also consider dropping the sibling discount for future families.
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Old 08-01-2014, 06:10 PM
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My daycare friend always asks parents after they inquire about sibling discounts "do you ask for a discount on the second happy meal at Mcdonals"?
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Old 08-01-2014, 06:30 PM
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Quote:
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My daycare friend always asks parents after they inquire about sibling discounts "do you ask for a discount on the second happy meal at Mcdonals"?
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Old 08-03-2014, 08:44 AM
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Quote:
Originally Posted by rosieteddy View Post
My daycare friend always asks parents after they inquire about sibling discounts "do you ask for a discount on the second happy meal at Mcdonals"?
I read someone here said "siblings do not get discounted care so there is no discount on rates" or something like that so I put that in my policies and not a single family with more than one child has ever asked about a sibling discount.
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