Reatainers and Deposits

[notts]

Would appreciate your views... 2 different approaches to securing future places.

I have a family paying a monthly retainer to secure a place for January. Both myself and family are happy with this, even though I know things could change. I only have 1 full time place and this is it.

I then have 2 families (of which it will be either/or, basically first to sign) for after school/school hols places in Sept. Now as I have technically more than one school place (although I only want to fill one) I was planning on asking for a retainer until Sept but then offset that against Sept fees.

But they are two are very different approaches! but I think I'm right.

The way I see it, is I could never hold a January place for January with just a deposit and I couldn't offset so that has to work like that. But the Sept ones, with other spaces being available, should be offset.

Am I making sense? does this make sense? is this kind of right?

[Bridey]

What you are proposing is absolutely fine. Its up to you how you want parents to 'reserve' their space and your reasoning makes a lot of sense.