Tuition Rates – Calculating For Profit

When I ask child care owners "how they established their tuition rates for each age group." A common response is, "we based our tuition rates on what other child care centers in the area charge." Taking into consideration the average tuition rate in the market area is important. However, the calculation of tuition rates must include more than just matching or being close to what competitors are charging.

In this webinar workshop, we will cover several financial variables that must be considered when calculating tuition rates for each age group, program, and classroom. We'll look at not only the minimum tuition rate required to break even. But, also, what tuition rate is needed to achieve the desired level of profits.

Yes, we will be talking "numbers and doing math" for the entire hour - but NO worries, we will go slow, and it will all make sense. Want to follow along? Sure - just have a copy of your current annual or monthly child care business expenses, total building square footage, and classroom square footage – and you can quickly calculate tuition rates for your child care business during the workshop.

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When I ask child care owners "how they established their tuition rates for each age group." A common response is, "we based our tuition rates on what other child care centers in the area charge." Taking into consideration the average tuition rate in the market area is important. However, the calculation of tuition rates must include more than just matching or being close to what competitors are charging. In this webinar workshop, we will cover several financial variables that must be considered when calculating tuition rates for each age group, program, and classroom. We'll look at not only the minimum tuition rate required to break even. But, also, what tuition rate is needed to achieve the desired level of profits. Yes, we will be talking "numbers and doing math" for the entire hour - but NO worries, we will go slow, and it will all make sense. Want to follow along? Sure - just have a copy of your current annual or monthly child care business expenses, total building square footage, and classroom square footage – and you can quickly calculate tuition rates for your child care business during the workshop.

About Instructor

Donna Dailey

Donna has been involved in commercial real estate, mergers, acquisitions, divestitures, and business valuations for 25 plus years. Donna started DAILEY Enterprises, Inc. in 1995 to provide Business Brokerage, Valuation, and Consulting services to small to medium-sized companies in North Carolina. Donna has assisted with hundreds of business transfers, valuations, business enhancements, and business consulting projects. Ms. Dailey is an experienced executive with in-depth training and knowledge in all aspects of small to medium-sized businesses, including finance, management, operations, sales, marketing, and accounting. In 2007 Donna founded Solutions 4 Child Care and ChildCareOwner in 2010, to focus on helping child care center owners with “The Business Side of Child Care.” M.Ed. Master in Education LREB Licensed Real Estate Broker – NC, SC SBA Senior Business Analyst BEC Business Enhancement Consultant SBA – Member of the Society of Business Analyst CVA – Certified Value Analyst CVBBA – Carolinas Virginia Business Brokers Association Founding Member CVBBA Past President and Board of Directors CCIM – Certified Commercial Investment Member (Member and Candidate) NACVA – National Association of Certified Valuators and Analysts Founder and President of School of Business Brokerage Solutions 4 Child Care – Phone: 336-543-0640

12 Courses

Not Enrolled

Course Includes

  • 3 Lessons