This course is designed to support home-based providers in setting tuition/fees, developing policies to support fee collection, and identifying strategies to collect overdue payments and late fees. This course is part of a business-focused training series that supports new and existing Family and Group Home Child Care Providers. The series has five training courses, each offering 2 training hours. Providers may choose to complete any or all of the courses.
In this course, you will:
- Define fiscal terms related to child care tuition and fee setting and collection (i.e., bad debt).
- Recognize the importance of self-employment income, health benefits, and to set aside for retirement.
- Establish and maintain policies on tuition and fees, including late/non-payment.
- Discuss on-time fee collection strategies and Identify strategies to collect overdue payments and late fees.
- Share resources, tools, and templates to support the setting and collecting of fees and payments.
This course is offered in partnership with MiRegistry. Please take a moment to familiarize yourself with our privacy policy.
