Child Care Business Owner End of the Year Planning
Taking Stock Before the Holidays Like most businesses, the end of the year is a busy time for childcare business owners. Before the rush of…
Author: ChildCareOwner.com
ChildCareOwner helps Child Care Owners build successful childcare businesses.
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What Financial Reports Should My Accountant Provide?
At a minimum, you should receive monthly (not quarterly) financial reports – Profit and Loss Statement and Balance Sheet. These reports should be timely –…
Tips For Welcoming New Child Care Employees
Do You Have an Employee Onboarding or Welcoming Program? Much time, effort, and expense are spent on job postings, screening, and interviewing potential employees. However,…
Having QuickBooks Does Not Make You an Accountant
I have always found it curious that the focus on financial management for childcare business owners is learning to use QuickBooks (or any accounting software)…
Employing Family Members and Taxes
One advantage of operating your own business is hiring family members. However, employment tax requirements for family employees may vary from those that apply to…
Child Care Accounts Receivable – Tuition Policy
Many owners view childcare as a mission; thus, they often manage their business with their hearts instead of their heads. This is particularly true when…