Resource Library

Quickly locate the resources you need - articles, newsletters, tips, webinars, training courses and roadmaps

Articles

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……

How Can I Increase the Value of My Child Care Business in 2023?

If you want to increase the value of your childcare business, the more you get these things right, the more your childcare business is worth.……

Common Mistakes Child Care Business Buyers Make

In my 28 years of working in childcare business mergers and acquisitions, I have met and worked with thousands of childcare business buyers. From the……

10 Steps to Prepare Your Child Care Business for Sale

Whether you plan to sell your childcare business soon or years from now, it is essential to ensure you prepare your business for sale. These……

Maximizing Child Care Business Profits & Value

All childcare business owners should aim to increase profits and business value. Your childcare business is likely your largest investment and a substantial portion of……

How Much Is My Child Care Land and Building Worth?

This is the question that child care owners asked just after, “What is my child care business worth?” Commonly, the real estate – land and……

Stabilization Grant Funds and Business Value

One of the most frequent questions I have been asked over the last two years is  – “How do buyers look at grant funds and……

The Juggle is Real…

The childcare business is like no other; you are responsible for the world’s most precious commodity.  It is far different than any other career field;……

Why Child Care Business Buyers Buy – What They Will Pay For

In the training workshops I conduct and my meetings with childcare owners, I find them confused about why childcare business buyers buy and what the……

Recession Proofing Your Childcare Business

No childcare business owner wants to consider or discuss the likelihood of a recession. However, good and bad economic times are part of normal economic……

Back on Track – Financial Management Without STABILIZATION Grants

Although intended to stabilize the childcare industry and individual childcare businesses, in my opinion, the funding only served to “prop up” the industry. The childcare……

Selling a Childcare Business – Owner Financing vs. Earn Outs

In recent years I have received an increasing number of calls (more than in years past) from childcare business owners about selling their childcare business……

Do You Want to Sell Your Child Care Business?

The Endless Child Care Buyer Calls, Emails, and Letters How many calls, emails, and letters have you received this week from people interested in buying……

2023 Planning For a Year of Success

For many childcare owners, 2022 has been another year of high stress, labor shortages, and frustration. How will 2023 be different? In most states, childcare……

Fair Market Rent – How it Affects the Value of Your Child Care Business

Every child care business operates in a facility – building and land. Some child care owners lease the building and land from a third-party owner.……

Exit Strategy Planning For Child Care Business Owners

Did you know surveys indicate that three out of four (75%) business owners regretted the decision to sell their business? Unfortunately, the statistic is true.……

Value Gap: How It Prevents Many Child Care Owners From Exiting Their Business

Although there are many things that can prevent or delay a child care owner from exiting their business, the number one reason is Value Gap.……

Child Care Tuition Collection

Tuition Collection The collection of tuition fees is a constant challenge for most child care centers. However, the consistent, timely collection of tuition fees is……

Starting a New Child Care Business

If you desire is to own a child care center, you basically have three options to accomplish this goal: buy an existing center, convert a……

You Have a Claim – Now What

All child care owners hope they will never have an incident in their child care business that would result in an insurance claim…

10 Reasons Why Your Child Care Business Needs a Website

The saying goes, “If you are in business, your business needs a website.” And a child care business is no different. Not so many years……

Growth in U. S. Child Care Businesses

The financial performance of child care businesses is often “assumed-to-be” far less than businesses in other categories. Although operating a child care business does have……

Child Care Tuition Collection

Collecting tuition is probably one of the hardest things for childcare Owners and Directors to do. Speaking to parents about their payments is not the……

Out of Pocket Cash Purchases

Jonathan Lamb, our child care financing expert, shares some ideas about when you should pay for things with cash…

Higher Constructions Cost – Effects on Insured Values

Construction costs are increasing rapidly. In this video, Donna Marcus, our insurance expert provides advice on your insurance coverage and increasing construction costs…

No post found

Load More

Events

No post found

AJAX progress indicator
Search: (clear)

Child Care In The News

Early Educators Deserve Better, Starting With Health Care and Retirement Benefits

About two years ago, I had a health crisis that not only jeopardized my well-being, but also threatened the continuity of care for the families……
Stable child care in Watauga County would add 300 employees to the local economy, study finds

Stable child care in Watauga County would add 300 employees to the local economy, study finds

Insufficient child care is keeping 300 individuals out of the labor pool in Watauga County, a new study estimates. “If you put all 300 of……
Cooper calls on legislature to fund child care, public schools at Smart Start event

Cooper calls on legislature to fund child care, public schools at Smart Start event

When Roy Cooper was elected governor in 2016, Medicaid expansion was politically unpopular among conservative legislative leadership, he told the audience at the national Smart……
North Carolina has lost almost 5% of its licensed child care programs since the pandemic began

North Carolina has lost almost 5% of its licensed child care programs since the pandemic began

More licensed child care programs in North Carolina are closing their doors as the state approaches the expiration of pandemic-era stabilization funding.  According to data……

Why Is Child Care So Expensive?

This was originally published by Early Learning Nation…
10 Ways to Recognize Teachers During Teacher Appreciation Week

10 Ways to Recognize Teachers During Teacher Appreciation Week

It’s Teacher Appreciation Week, a time to recognize the people who play such a significant role in the lives of millions of children every day.……
Understanding the Landscape of Stabilization Grant Funding Through Provider Stories

Understanding the Landscape of Stabilization Grant Funding Through Provider Stories

The American Rescue Plan Act (ARPA), passed in March 2021, included $15 billion in supplemental Child Care and Development Fund (CCDF) discretionary dollars and $24 billion to make child care stabilization grants available to providers. While states have until September 2024 to spend the supplemental CCDF discretionary funds, states were…

First ‘State of the Child’ summit calls for resources to systems supporting youth, from child care to mental health

The first State of the Child Summit, hosted Tuesday by nonprofits NC Child and the North Carolina Institute of Medicine, painted a picture of systems……
How to Grow Your Child Care Center’s Enrollment

How to Grow Your Child Care Center’s Enrollment

Enrollment is essential to running a successful business. And without enough children enrolled in their programs, paying the bills and keeping your doors open becomes……
the plan to tackle economic inactivity, explained

the plan to tackle economic inactivity, explained

The Government is poised to announce its comprehensive plan for getting more people back into work through pension incentives, increased childcare funding, and in-work……
Bills aim to fund, reform NC’s child care system

Bills aim to fund, reform NC’s child care system

A new NC bill proposes several changes to the funding of childcare in NC. Interesting reading. Do you think some or all of the……

Lieutenant Governor Flanagan in Fergus Falls to Talk Affordable Childcare

Lt Gov Flanagan at the Child Care Roundtable Round table discussions took place today at the public Library with Lieutenant Governor Peggy Flanagan visited Fergus……

No post found

Load More

Courses

Tuition Rates – Calculating 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…

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……

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…

Profit and Loss Statement

Child Care Financial Management – Profit and Loss Statement – Workbook…

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…

Financial Ratios

Child Care Financial Ratios Worksheet Child Care Financial Ratios Workbook…

Quick Wins

Your Personal Financial Picture and Loan Repayment

Jonathan Lamb, our expert child care banker details how important your personal financial picture is…

Why Do You Need a Loan?

So, you are thinking about applying for a loan. The first place to start is…

What to Expect When Your Are Expecting to Get An SBA Loan

Jonathan Lamb, our expert child care banker, shares some sage advice on “What to Expect…

What is the SBA

In this video, Jonathan Lamb, our expert child care banker explains what the SBA…

Taking on Debt

Our child care expert banker, Jonathan Lamb, provides informative things you should consider before taking…

Renegotiate Lease or Loan

Menu Dashboard Articles Calendar Forums Library Q & A Calls Quick Wins Resources Roadmaps LOG…

RE Sale Lease Back – Refinance

Child care business owners often have a substantial portion of their net worth and available…

Playground Safety – Quick Win

In this Quick Win, Donna Marcus, our child care insurance expert, shares some great tips…

Personal Guarantee and Collateral

In order to make a loan, the borrower must provide a personal guarantee and collateral…

Out of Pocket Cash Purchases

Jonathan Lamb, our child care financing expert, shares some ideas about when you should pay…

Leasing

Jonathan Lamb, our expert child care banker discusses how child care business owners can use…

Lease or Buy Big Ticket Items

Menu Dashboard Articles Calendar Forums Library Q & A Calls Quick Wins Resources Roadmaps LOG…

Involuntary Exit – 5 D’s

Menu Dashboard Articles Calendar Forums Library Q & A Calls Quick Wins Resources Roadmaps LOG…

Financial Benchmarking

Menu Dashboard Calendar Cubby Cast Forums Library Q & A Calls Quick Wins Resources Roadmaps…

Construction Costs & Insurance

Menu Dashboard Articles Calendar Forums Library Q & A Calls Quick Wins Resources Roadmaps LOG…

Roadmaps

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…

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…