Contract Information For Daycare Providers

Get a signature! In some instances, parents will call with an emergency. If you choose to provide care in emergencies, you need to remind yourself to treat them the same as other daycare families. Get everything signed that will protect you and your income.

Treat friends and family with the same professional approach as everyone else. It is unfortunate, but sometimes people we know are the first to take advantage of a situation! Remember that your contract is the foundation for your business. It is the beginning point of your risk management. You want the parent to know exactly what to expect from you and exactly what you expect from them. The contract lets the parent know what will happen if the terms outlined are not met. If someone leaves who still owes money for childcare, be firm. Regardless of the amount due, your business is your livelyhood and you deserve to be paid. Sometimes a simple, straightforward phone call is all it takes to collect. If you are persistent, you are more likely to get results. Don't get discouraged by having a parent or two who don't pay willingly for childcare. If you prepare yourself in advance for that possibility and build your business practices around reducing your risk, you will do better than most providers. The more professionally you present yourself, the less likely parents will be to take advantage. They will see that you have "done your homework" and know that you have solid business practices. Another great way to avoid problems is by asking other providers about things they have seen or had happen. You will be amazed at the variety of interesting situations providers have found themselves in! By tapping into the experience of established daycare providers, you will be better prepared for your own business adventure! Most of all, have fun! No matter what happens, you will ultimately grow and learn from every situation. The best part is, you will be enriching the lives of children while you are stretching your own horizons! © 2001 Cindy Jones Cindy Jones 866.267.3691 toll free www.providerwatch.com Business Solutions for Daycare Providers

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