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)…
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)…
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…
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…
Although many things can prevent or delay a child care owner from exiting their business, the number one reason is Value Gap. What is a…
As a childcare business owner, one of the most important numbers you can understand is your childcare business’s break-even point—enrollment break-even, gross revenue break-even, and…
At a minimum, you should receive monthly (not quarterly) financial reports – Profit and Loss Statement and Balance Sheet. These reports should be timely –…
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