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…
Category: Business & Financial
Fair Market Rent How it Affects the Value of Your Child Care Business
Every child care business operates in a facility—a building and land. Some child care owners lease the building and land from a third-party owner. The…
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…
Value Gap: How It Prevents Many Child Care Owners From Exiting Their Business
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…
