How Do You Avoid Home Daycare Business Costly Mistakes?
Avoid these common home daycare business mistakes that could cost you lots of money, time, and headaches. Learn how to make your home daycare very profitable and enjoyable for you, the kids, and their parents. Just a few simple things can set you up to get paid on time and get paid as much as you deserve. Write a parent-provider agreement and require that parents sign it before you accept their kids into your care. For kids you already care for with no contract, draft one up and have them sign and date it now. Include your home daycare business payment and enrollment policies. Require that parents pay a deposit up front equal to the cost of one or two weeks of care. This way, if they ever skip out on the last week’s payment, as they often do, you’re covered. Remember that you run a home daycare business, so cover yourself the same way other businesses do. Collect payment at the beginning of the week, not the end. Let parents know that they need to pay when they drop their child off on
