Weekly or monthly tuition, registration fees and late pickup fees.
Recurring tuition is predictable revenue if autopay is set up well.
Families appreciate autopay; failed payments need a clear follow-up process.
Need capital as well? See childcare business funding from CELER Funding.
Weekly or monthly tuition works best on autopay. ACH is cheapest; cards are convenient but cost more.
Registration, activity and late pickup fees should be in the enrolment agreement.
Where government subsidies pay part of tuition, your billing should track the family portion separately.
Failed payments need a polite, consistent process.
ACH is cheaper; offer both if families want cards.
A consistent reminder and retry process.
If they are in the enrolment agreement.
Track the family portion separately.
Everyone else in this industry says twenty-four hours. We say four — and if that is still too slow, pick up the phone and get your numbers while you are on the call. No contract, nothing to cancel, no pressure.