Calculating Tuition For Profit Online Workshop

When I ask childcare owners, “How did they establish their tuition rates for each age group?” A typical response is, “We based our tuition rates on what other childcare centers in the area charge.” Considering 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. This webinar workshop will cover several financial variables that must be considered when calculating tuition rates for each age group, program, and classroom. We’ll look at 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 discussing “numbers and doing math” for the entire hour – but no worries, we will proceed slowly, and it will all make sense. Want to follow along? Sure – 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.
Two-Session Online Workshop: NEW DATE: August 5th and 7th, 6:00 PM – 8:00 PM EST (You must attend both sessions to receive all the information. Sessions are not recorded to protect the privacy of attendees.