Child Care Cash Flow Management
We Do More Than Report Your Numbers. We Help You Change Your Numbers
Effective child care business cash flow management is crucial for the financial health of your child care business. It involves monitoring, analyzing, and optimizing the cash coming in and going out of the business to ensure smooth operations and sustainable growth. By implementing proper cash flow management strategies, you can improve your liquidity, reduce financial risks, and make informed decisions to maximize profitability.
From monitoring receivables and payables to forecasting future cash flows and setting up contingency plans, child care business owners need to stay proactive and vigilant in managing their cash flow to thrive in today’s competitive market.
The experts at ChildCareOwner provide cash flow management consulting to ensure your financial stability and growth. Our consulting services provide experienced guidance on how to streamline processes, reduce expenses, and maximize revenue to maintain a healthy cash flow.
By partnering with ChildCareOwner cash flow management consultants, child care business owners can gain valuable insights and recommendations to improve their financial performance and achieve long-term success. Whether you need assistance with creating cash flow to make payroll on Friday or generate enough cash flow to support growth or expansion, the experts at ChildCareOwner can help!
Specialized Child Care Accounting and Financial Management
Accounting & Bookkeeping
Specialized accounting services for childcare businesses.
- QuickBooks Online included
- All data entry (That’s right; no more wasting time trying to learn how to use QuickBooks!)
- Credit/Debit Card transactions
- Bank reconciliations
- Monthly, Quarterly & Annual Reports
- Accurate and timely services
Planning & Budgeting
Good financial management starts with planning and budgeting.
- Monthly, Quarterly and Annual financial planning and budgeting
- Budget vs Actual tracking
- Forecasting
- Key Performance Indicators – Financial and Non-Financial
- Business planning tied to financial budgeting
Cash Flow Management
Cash Flow is essential to business survival
- Tracking the flow of cash in and out of your childcare business
- Analyzing cash flow changes
- Cash flow budgeting
- Cash flow planning and forecasting
- Cash flow requirements analysis
- Cash flow management strategies
Payroll Services
We take the stress out of Paydays.
- New hire auto set up and filing
- Same day direct deposits
- Accurate vacation and paid time off (PTO) accruals
- Easy to read payroll reports
- Timely and accurate payments of FICA, Social Security and other taxes
- Time sheets
- We calculate, file, and pay your payroll taxes for you
- Approving Payroll only takes minutes of your time not hours
Reports & Tax Filing
Keeping you in compliance.
- Pro-active Tax Compliance, Tax Preparation, and Tax Planning
- Annual business tax returns filed
- Annual personal income tax returns filed
- Real Estate property tax returns
- Business entity tax analysis to ensure maximum tax benefit
- Year-end tax planning with projections and checklists
- Tax planning designed to eliminate end-of-year tax surprises
Business Consulting
Expert Childcare Business Advisors.
- Coaching and consulting provided by childcare business experts – folks that really know how to help you build a successful childcare businesses
- Monthly online meetings
- Monthly financial analysis and planning
- KPI tracking and action plans
- Assisting you with financing, capital investments and growth
- Profits and cash flow management
