"The Business Side of Child Care"
Child Care Owner is focused on helping operators with "The Business Side of Child Care."
When planning a new child care business or the expansion of existing center, one of the key factors to consider is demographics. Not just general demographics but those that are specific to child care. Here is an excellent example of child care specific demographics: Maryland Family Network, Inc. (MFN), as operator of the Statewide Child … [Read more...]
How long will it take to sell my child care business? It generally takes, about a year and sometimes longer to sell most child care businesses. Some child care businesses will take longer to sell, while others will sell in a shorter period of time. The sooner you have all the information needed to begin the marketing process, the … [Read more...]
It's almost the New Year! If you have not already reviewed your financials for 2010 and made your child care budget for 2011, now is the time. Please download Child Care Owner's handy Excel Spreadsheet and input your financial information for 2009 and 2010. Once you have two years of historical financial information in a … [Read more...]
Can your child care business afford that new bus, or renovate and add two new classrooms? Download an easy to use Loan Payment Calculation and Amortization Schedule Tool. This is an Excel Spreadsheet that you can change the amount of the loan and payment terms and the payment will be calculated automatically. You can make changes … [Read more...]
Early childhood playgrounds should be specifically designed to meet the developmental level for each age group and not merely be a scaled-down version of equipment and structures for school-aged children. The skill level, strength, gross motor development and safety issues vary for each age group. Therefore the design of outdoor play areas … [Read more...]
Each year, more than 250,000 children go to U.S. hospital emergency rooms with injuries associated with playground equipment. Most injuries occur when a child falls from the equipment onto the ground. Use this simple checklist to help make sure your playground is a safe place to play. And, make weekly inspection of all playground structures, … [Read more...]
Preventive maintenance is planned or scheduled maintenance with the goal of preventing breakdowns and failures by keeping things repaired and in good working condition. Preventive maintenance in a child care business would include regular evaluation and service/repair of all mechanicals. Mechanicals being, the heating and air condition systems, … [Read more...]
The saying goes, “If you are in business, your business needs website.” And a child care business is no different. Not so many years ago, parents began their search for local child care centers by looking in the Yellow Pages. However, today, parents are more likely to start their search on the internet. Therefore, child care centers that do not … [Read more...]
The cost of marketing to find and enroll a new child far exceeds the cost of keeping children already enrolled in your center. The following are five tips for maintaining enrolled children. 1. Keep parents happy. Parents that are happy with you and your employees are less likely to take their child out of your center. 2. You should know the … [Read more...]
Many child care owners overlook the importance of technology in operating a successful child care business. Of course televisions, radios, computers and other forms of technology are common in the classroom environment. However, the most important technology in child care center is the technology that allows you to operate your business more … [Read more...]
Is your child care business as profitable as you would like?
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