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)…
Category: Financial
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…
2023 Child Care Supply: State Trends
Click each state or territory for specific information Research Data: ChildCareAware
Child Care Business Break-Even Analysis
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…
Your Questions: 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 –…
Creating a Financially Healthy Child Care Business
Childcare businesses, just like people, can be described as either healthy, a little sick, anemic, or gravely ill. When sick, humans often need a consultation…
