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In the video, Lady discusses how to plan holidays and closing days for a day care. She advises getting a new calendar in December for the following year and selecting 10 standard holidays to close. Additionally, she chooses 3 closing days for special events like graduations and communicates these dates in advance to families. Lady shares an example of her holiday and closing day schedule, totaling 13 days, including training days and special event closures. The schedule is attached to her contract for transparency.