|How to Set Your Rates|
The shorter amount of time you work, the more you should charge for your time.
Charge by the week or month, not by the hour.
Charge even if the child is absent.
Charge for care at least a week in advance.
Charge for the last two weeks up-front.
Fees for infants should be a lot more than for older children.
Raise your rates regularly.
Charge for all of your services: late fees, late payment fee, holding fee, etc.
What Should You Base Your Rates On?
How much do you want to earn?
What is the going rate in your area?
How much can customers afford to pay?
This handout was produced by Think Small (www.thinksmall.org).
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