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Raising Rates in Family Child Care |
Parents often do not realize how much of their child care fees go towards a provider’s business expenses. Providers may want to show their expenses using a simple pie chart as shown below. This example shows a provider keeping only 42% of her fees as a profit.
Providers can explain a rate increase by stating that their business expenses have risen in the past year
Pie chart numbers are taken from The Economics of Family Child Care Study by Kathy Modigliani, et al.
This handout was produced by Think Small (www.thinksmall.org).
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