Best way to raise rates
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July 25th, 2011, 12:13 PM
Join Date: Mar 2009
I am also a Private day home.
If I need to raise my rates with my families, I do it at contract renewal once a year, and that way it allows me to adjust my policies if need be.
In my contract I have it stated that fees are increased once a year.
If I need to raise fees sooner that I would give my families atleast a month notice
and do a chang eof contract form stating the fee increase.
Do you have anything in your contract with this family regarding fee increase.
I think your increase sounds reasonable.
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