Importance of Having a Specialized Child Care Accounting Chart of Accounts
A child care business-specific accounting – chart of accounts is crucial for any child care owner to assist with financial management. This comprehensive financial tool…
Category: Accounting
The Impact of Unreported Income and Non-Business Expenses on Child Care Business Value
“If You Hide the Money Too Well, Nobody Will Be Able to Find It.” When I started my business brokerage career in 1995, it was…
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 –…
