Inspirational and Empowering Child Care Business Owners To Build Successful Child Care Businesses

Archive for the ‘Business Management’ Category

How To Get Parents To Pay Tuition On-Time

Recently, I have been asked the following question by many Child Care Business Owners: How do I get parents to pay on-time?

This is a tricky question, because it takes many different strategies to get parents to pay on-time and today I want to share one strategy with you that I use every week to let parents know that I am serious about collecting payments on-time and that is by posting a Tuition Due sign!

Every Monday I display my Tuition Due sign on the sign-in table where parents can see it. Also in small print you will see the words: If you have already paid your tuition for this week, please disregard this notice.

Having a Tuition Due Notice displayed on your sign-in table is a great way to enforce your tuition policy and also a great way to remind parents that payment is due.

To create your sign, simply type your notice using a Microsoft word program (use a very large bold font) and be sure to print the notice on a piece of yellow or orange paper. Then insert the notice in a plastic sign holder stand and display on your sign-in table. (you will find sign holders at your local Office Supply store)

Handling Delinquent Families
In the event that a parent fails to pay you after leaving the program, you have a right to send that family to collection or even collect your fees in small claims court. However, be sure that your failure to pay terms are clearly defined in your childcare payment agree and that you verbally tell parents about your collections procedures upon enrolling their children.

I hope this tip has inspired you to get diligent about collecting payments on time and you can start by creating  a Tuition Due sign. On-time Payments= Consistent Cash Flow in Your Business.

For more Tuition Policy tips, subscribe to my Tuition Policy Makeover eCourse. Also, be sure to subscribe to my Business Owner Makeover Tips eNewsletter, click here

Happy Tuition Collecting…..

Category:

Business Management, Tuition

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How to Build Your Child Care Business with 20-Minute “Power” Meetings

staff meeting

When I opened my first child care center back in 2003, I was so afraid to hold staff meetings. In fact, I believe that my fear and insecurities had an impact on my leadership in the center and it had a major impact on how I communicated my Vision.

Fourteen Years later, I have mastered how to conduct productive, short and fun meetings. Furthermore, I enjoy having meetings now and have decided to keep it short and sweet!!

If you want to be sure that your team knows what you really want and if you desire to build a Successful Child Care Business with a team that is excited about your vision; I challenge you to consider holding a weekly 20-minute power meeting!

Are you ready to discover how to Conduct Successful 20-minute weekly “power” meetings?

  1. Have a purpose for your meetings. In fact, think about what you want to see improve in your business or what you want to achieve and plan your meeting according to the purpose that you want to attain.
  2. Plan meetings at a time when key players on your team are available  for the meetings, such as: Lead Teachers or Supervisors.
  3. Consider your child to staff ratio when planning meetings while the children are on-site.
  4. Once you decide the topic of your meetings, type the agenda and issue to staff.
  5. Hold your meetings on a Monday to kick-off the week with a purpose.
  6. Require staff to stand (instead of sitting) during the meeting. This keeps the staff from getting comfortable.
  7. Tell the staff to hold questions til the end of the meeting to maximize your time.

Here is a sample agenda for a 20-minute-“power meeting:”

  • Start off the meeting with Positive news
  • Share your goal for the week
  • Talk about what the staff must do to meet your weekly goals
  • Get feedback from staff and follow-up to see that the staff is working on your required goals.
  • End the meeting by getting the staff feedback and sharing the agenda of upcoming meetings.

The ultimate purpose of 20-minute ” Power” meetings is to be sure that everyone is on one accord and to be sure that the staff is aware of what you expect in your Child Care Business.

Furthermore, I believe if you meet with key team members every week, this will build unity on your team;it will also improve the communication between you and your staff!

With Your Child Care Business Success in Mind,

Shiketa Morgan

For more Child Care Business Management tips, be sure to subscribe to my 7-Day Child Care Business Management e-Course. click here

 

Category:

Business Management, Employee Management, Marketing, Staff Meetings

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