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Home Daycare

{Video} Home Daycare: How To Get Parents To Pay On Time

Megan answers a question from Cindy who asks “How can I get parents to pay on time?”. Her answer will help screen out parents that may cause payment issues so that you won’t have to deal with this at all.

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Megan is a WAHM to 3 (and then some) kids, who spends the majority of her time working as an Administrative Assistant, blogging and washing dishes. She loves to write about her adventures in parenting, running a home daycare, adoption and whatever else strikes her fancy!

3 Comments

  1. Adrienne Bradley

    Hi Megan,
    I totally agree with your policy. Over the years I have adopted a similar policy that the only time tuition is not due is when the child care is closed due to vacation, workshop, etc.

    I have detailed this in both my contract & handbook, but of course parents tend to forget. Just recently the parent said they couldn’t find their copy of the contract and asked that I email it to them again. I simply pulled it out of the child’s file, scanned it to PDF and forwarded the email.

    Something that I have found helpful, at least I think, it is to send out reminders throughout the year, similar to a holiday is coming type reminders. I have a whole speadsheet of one-liner reminders about our policies. I hope this jogs their memories (or informs them) of our policies. As a matter of fact, I sent out a group message to all the parents this morning about tuition being due FRIDAY morning for next week. Oh that’s another thing.

    A few years ago I was advised by a legal counsel to change my due date from Monday to the Friday before (now in my contract). This has done wonders for getting payment on time as well. Prior to that, parents where “forgetting” and bringing payments in all week. I was so tired of it! The policy change really worked.

    You said to put a link and since I just did a couple of posts about “How to get paid on time” I thought it would be perfect to share it here: http://thrivingchildcare.com/2016/01/12/how-to-get-paid-on-time-4-easy-keys-for-the-child-care-provider/
    I would love to know what you think.

    Sorry for the long comment. I love your blog.
    Adrienne
    Go check out Adrienne Bradley’s latest post! How to Start a Child Care Book ClubMy Profile

  2. Alexey Alekseev

    Great video, one thing id like to add, in modern world there are a lot of affordable ways to accept payments by PAD or credit cards. Using these tools will assure that payments made automatically on preset day and if not payed (payment bounce) no services will be provided until payment in full is received.

    • Megan Elford

      Absolutely – there are so many payment options available now! It all comes down to how well the provider herself enforces it. No Pay, No Stay!

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