Courses

  • 1 Lesson

    Balance Sheet

    Child Care Financial Statements – Balance Sheet – Workbook
  • 0 Lessons

    Build It Better, Sell It For More (Release Spring 2024)

    Build It Better, Sell It For More™ is  "A Child Care Owner’s Guide to Building a Profitable Business, Maximizing Value and Exiting Strategy Planning”. The book and companion course written by Donna S. Dailey will be released in spring 2022. ChildCareOwner.com members will receive a FREE advance, autographed copy of the book.
  • 1 Lesson

    Calculating Tuition For Profit

    When I ask child care owners "how they established their tuition rates for each age group." A common response is, "we based our tuition rates on what other child care centers in the area charge." Taking into consideration the average tuition rate in the market area is important. However, the calculation of tuition rates must include more than just matching or being close to what competitors are charging. In this webinar workshop, we will cover several financial variables that must be considered when calculating tuition rates for each age group, program, and classroom. We'll look at not only the minimum tuition rate required to break even. But, also, what tuition rate is needed to achieve the desired level of profits. Yes, we will be talking "numbers and doing math" for the entire hour - but NO worries, we will go slow, and it will all make sense. Want to follow along? Sure - just have a copy of your current annual or monthly child care business expenses, total building square footage, and classroom square footage – and you can quickly calculate tuition rates for your child care business during the workshop.
  • 1 Lesson

    Cash Flow Statement

    Cash Flow Statement – Workbook
  • 1 Lesson

    Child Care Business Valuation – 101

    Most business owners have a large portion of their net worth tied up in their business. The same is true for the owners of child care businesses. It is estimated that their business represents 50% to 80% of their net worth. Child Care owners are often planning to fund a substantial portion of their retirement from the proceeds of selling their child care business. Therefore, understanding the current value of their child care business is an important part of business exit planning. Learning Objectives The primary objective is of this learning module is to gain a better understanding of what makes a child care business more or less valuable. And the basic steps to calculating a price range for your child care business. Content: Business Valuation and Analysis 1. Personal Wealth and Child Care Business Value 2. Survey Indications and Statics 3. Why Buyer Buy Child Care Businesses 4. Level and Risk and Impact on Child Care Business Value 5. Business Reliance on Owner vs. Management Team and Impact on Value 6. Child Care Business Transfer Success Rates – Positive Impact of Planning 7. How Child Care Businesses are Valued 8. Steps to Valuing a Child Care Business 9. Increasing the Value of a Child Care Business 10. What Increases and Decreases Child Care Business Valuation Multiples
  • 1 Lesson

    ERC & FFRC For Child Care Business Owners

    https://vimeo.com/manage/videos/528148020 Presentation Slides
  • 13 Lessons

    Exit Planning For Child Care Business Owners Roadmap

    COVID-19 has disturbed many things in the Child Care Industry.  As child care owners begin to recover from being closed and lower enrollments, many are starting to refocus on the future. Before COVID-19, many child care owners had their Exit Strategy in place and looked forward to the day they planned to retire. Now, child care owners are asking, “What adjustments do I need to make to my Exit Strategy?” Most wonder how much their child care business is worth and how long it will take to rebuild their business and its value.

    Although there is an increased interest in Exit Planning due to COVID-19, Child Care Owners should always be involved in the strategic planning of their exit from their child care business. This Exit Planning Roadmap will provide in-depth information, actionable steps, and guidance to help you prepare for your exit from your child care business and, equally importantly, prepare for life after exiting your business.

  • 1 Lesson

    Family Succession Planning

    Family Succession Planning
  • 1 Lesson

    Financial Benchmarking

    Child Care Financial Benchmarkting Workbook
  • 1 Lesson

    Financial Ratios

    Child Care Financial Ratios Worksheet Child Care Financial Ratios Workbook
  • 1 Lesson

    How to Improve Business Cash Flow

    How to Improve Business Cash Flow – Workbook
  • 1 Lesson

    How to Increase the Value of Your Child Care Business

    Most business owners have a large portion of their net worth tied up in their business. The same is true for the owners of child care businesses. It is estimated that their business represents 50% to 80% of their net worth. Child Care owners are often planning to fund a substantial portion of their retirement from the proceeds of selling their child care business. Therefore, understanding the current value of their child care business is an important part of implementing changes designed to increase its value.
  • 1 Lesson

    Profit and Loss Statement

    Child Care Financial Management – Profit and Loss Statement – Workbook
  • 18 Lessons

    QuickBooks Online Video Tutorials

    Learn how to set up your small business for success with these QuickBooks tutorials: Create custom invoices, track expenses, and view statements and performance reports anytime, anywhere. Get started with QuickBooks Online and find out how our key features can be tailored to meet the needs of your small or medium business, and how using QuickBooks Online can save you time and money.
  • 1 Lesson

    SMART Goals

    The first step to achievement is setting a goal. Goals are great – SMART Goals are the best. SMART goals help you to clarify your…
  • 1 Lesson

    The Importance of Financial Management

    The Importance of Financial Management
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