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Daycares closing?
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Mrs B
Posted 3/20/2020 09:30 (#8121770 - in reply to #8121720)
Subject: RE: Daycares closing?

Highland Center, in Southeast Iowa

ANewman - 3/20/2020 09:15
Mrs B - 3/20/2020 08:46

I remember the first time I heard, from our niece, that their daycare required the weekly/monthly fee be paid, whether or not the kids were in attendance. This was in relation to a vacation, and niece was having to pay 2 wks of daycare along with whatever the vacation was costing. I was amazed.  I guess it makes sense in their situation, but life would sure be a lot easier to manage if you could dictate that your income wasn't going to be affected by circumstances. 

We have a similar policy. We still have staff to pay and all the other bills associated with running a business. Even if not attending for that week you're obligated, through contact, to make payment. Basically we have a limited number of spots available due to state regulation. You are paying to "hold" your child's spot. We have a waiting list, so if you don't want to reserve a spot for your child someone else is waiting for that spot

Understood. It was just a surprising change from how things were when our kids were little and needing daycare. We've worked with a construction contractor in AZ for the past 10 years or so, thru the time of the most recent housing crash. He had to keep paying his crews and subs thru the whole thing to be sure of retaining them all when the market came back. Was a tough row to hoe for a very young businessman for a while, but it's definitely paying him back now in spades.  

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