hon a retainer is charged for a space you have available now as you are losing money by holding the space open for a parent/child. you choose how much you charge, 3/4, 1/2 or a flat fee for the period.
a deposit is to hold a place that you WILL have available in the future OR can be charged alongside a retainer fee. Make it clear to parents that it is non-refundable if they do not take up the space. This protects you in the case they don't wish to take up the space and gives you a months money.
Some offset the deposit against first months fees, others keep it until the end of the contract and use it as the last months fees.
if you do what you've always done, you'll get what you've always got
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