Resource Library
Quickly locate the resources you need - articles, newsletters, tips, webinars, training courses and roadmaps.
What Financial Reports Should My Accountant Provide?
Key Takeaways − Receive monthly financial reports, like the Profit and Loss Statement and Balance Sheet, for timely decision-making. Financial reports must be timely, delivered…...
Tips For Welcoming New Child Care Employees
Key Takeaways − Have a structured orientation to make new employees feel welcome and see that your business is well-organized and intentional. Provide a thorough…...
Having QuickBooks Does Not Make You an Accountant
Key Takeaways − Owning accounting software like QuickBooks does not make you an accountant, just as having a scalpel does not make you a surgeon.…...
Employing Family Members and Taxes
Key Takeaways − Employing your child in a sole proprietorship can offer tax advantages, as their wages under 18 are exempt from FICA taxes. Payments…...
Child Care Accounts Receivable – Tuition Policy
Key Takeaways − A written Accounts Receivable—Tuition Payment Policy is essential for financial stability and must be consistently enforced for all parents. Uncollected tuition creates…...
Eight Tips For Dealing with a PR Disaster in Your Child Care Business
Key Takeaways − Confront the situation immediately and honestly. Do not ignore the problem, wait for it to explode, or assume your reputation will save…...
Value Gap: How It Prevents Many Child Care Owners From Exiting Their Business
Key Takeaways − The Value Gap is the difference between the desired funds from a sale and the actual value of a child care business.…...
Taking Money Out Of Your Child Care Business
Key Takeaways − Never intermingle personal and business funds to avoid serious tax problems and legal risks for your business entity. Structure transactions carefully, as…...
When an Allegation of Abuse Strikes: A Guide for Child Care Centers
Key Takeaways − Take the allegation with utmost seriousness. Your response must be immediate, decisive, and transparent to reassure parents and begin a comprehensive investigation.…...
A Lender’s Perspective on Getting Financing for Your Childcare Business
Key Takeaways − Find a lender, like Ann Nonemaker at Celtic Bank, with specific experience in childcare financing who understands your business's unique challenges and…...
2023 Child Care Supply: State Trends
Key Takeaways − The 2023 child care supply data is available for each U.S. state and territory. Detailed information is accessible by clicking on an…...
Child Care Business Break-Even Analysis
Key Takeaways − A break-even analysis determines the tuition revenue or enrollment needed to cover all business costs without making a profit. Knowing the break-even…...
The Juggle is Real – Day Two
Key Takeaways − Staffing is a constant juggle, from an employee quitting via text to another needing a last-minute vacation day for a personal situation.…...
Your Questions: What Financial Reports Should My Accountant Provide?
Key Takeaways − Receive monthly Profit and Loss and Balance Sheet reports, not quarterly, for timely financial review. Financial reports must be provided no later…...
Creating a Financially Healthy Child Care Business
Key Takeaways − Understand and improve your business's financial health by analyzing statements like Federal Business Tax Returns and Profit and Loss Statements. Control high…...
How Can I Increase the Value of My Child Care Business in 2023?
Key Takeaways − Develop a competent management team so the business isn't reliant on the owner, which significantly boosts its market value and appeal to…...
Common Mistakes Child Care Business Buyers Make
Key Takeaways − Failing to protect confidentiality is dangerous, as breaches can devastate a business, leading sellers to disengage from untrustworthy buyers. Having an “I…...
10 Steps to Prepare Your Child Care Business for Sale
Key Takeaways − Get a professional childcare business valuation to understand its true worth and identify any potential “Value Gap” between its value and your…...
Maximizing Child Care Business Profits & Value
Key Takeaways − Focus on increasing Gross Revenues, Profits, and the Multiple to maximize business value, not just top-line revenue alone. Calculate the “true cost”…...
How Much Is My Child Care Land and Building Worth?
Key Takeaways − Your child care real estate is often more valuable than the business due to high land and construction costs for special-purpose buildings.…...
Stabilization Grant Funds and Business Value
Key Takeaways − Stabilization grant funds are considered non-recurring income and are generally excluded from business valuation. Grant funds do not directly increase business value,…...
The Juggle is Real…
Key Takeaways − Childcare is a unique business where you are responsible for children, but it's crucial to remember that it is a business. Childcare…...
Why Child Care Business Buyers Buy – What They Will Pay For
Key Takeaways − Buyers are attracted to features like a Competent Management Team, Qualified Teachers, and a strong community reputation. Ultimately, buyers buy and will…...
Recession Proofing Your Childcare Business
Key Takeaways − Take steps now to prepare your childcare business for an economic downturn, focusing on being optimistic but prepared. Create a recession-proof business…...
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.…...
No post found
Load More
Eight Tips For Dealing with a PR Disaster in Your Child Care Business
One of the problems that most child care business owners fear is a public relations...
Creating and Using a Grant Proposal Template
Key Takeaways − Create a grant proposal template to streamline the competitive, time-consuming application process...
Child Care Employees and Social Media Policies
Key Takeaways − Childcare businesses need a written social media policy in the Employee Handbook...
Child Care Business Owner End of the Year Planning
Key Takeaways − Conduct an in-depth review of your business financials to prepare for tax...
Child Care Business Branding
Key Takeaways − Branding is a consistent identity for your childcare business, encompassing everything from...
Child Care Accounts Receivable – Tuition Policy
Many owners view childcare as a mission; thus, they often manage their business with their...
Best Practices for Hiring Related Individuals in Child Care
Key Takeaways − Maintain a fair and equal hiring process for all candidates, hiring only...
As Temperatures Drop, Safety Remains Steady
Key Takeaways − Winter requires a more intentional focus on safety due to shorter days...
Always Be Hiring
Key Takeaways − Maintain a continuous hiring process, not just when a position is open...
- 1
- 2
No post found
- Accounts Payable
- Accounts Payable Days
- Accounts Receivable
- Accounts Receivable Days
- Activity Ratio
- Asset Based Approach
- Asset Turnover
- Breakeven Margin of Safety
- Casement Window
- Cash Conversion Cycle
- Cash Flow Coverage
- Cash on Hand
- Cash Ratio
- Cash to Current Assets Ratio
- Certificate of Completion
- ChildCareOwner CEO Certification
- Construction Schedule
- Contingency
- Current Ratio
- Customer Lifetime Value
- Debt to Total Assets
- Earn-Out
- EBIT Growth
- Economic Profit
- Equity to Assets
- Expense Change
- Expense-to-Revenue Ratio
- Financially Healthy
- Fixed Asset Turnover
- Free Cash Flow
- Gross Profit Growth
- Gross Profit Margin
- Income Approach
- Interest Cover
- Inventory Days
- Market Approach
- Net Cash Flow
- Net Profit After Tax Margin
- Net Variable Cash Flow
- Operating Cash Flow
- Operating Cash Flow to Current Liabilities
- Profitability Ratio
- Quick Ratio
- Return of Capital Employed
- Revenue Growth
- Seller Financing
- Total Revenue
- Working Capital Absorption
View previous and current issues of the Child Care Owner magazine.
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...
USDA Business Loans
Menu Dashboard Calendar Cubby Cast Forums Library Q & A Calls Quick Wins Resources Roadmaps...
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...