Intro In the midst of the COVID-19 crisis, childcare centers are taking a huge hit. Either they have closed due to healthcare mandates or a majority of parents have pulled their children from the center. If they are staying open, it is almost a minute by minute decision on how long they can keep the doors open. Many open facilities …
As stated by the U.S. Bureau of Labor Statistics, child care businesses will have some of the fastest employment growth rates of all industries in the year 2020. This presents opportunities for those aiming to become a leader in regard to early childhood education. It’s clear that the demand for early childhood education and daycare is booming — but is …
What Daycare Business Owners Need to Know About Taxes Running a childcare business is incredibly rewarding. Every day, you and your staff make a real difference to the parents who trust you to care for their kids. But just like any other business, you need to pay taxes. Daycare taxes work in the same way as taxes in most other …
You invested a lot of time and effort to obtain your daycare business license. Don’t let that go to waste by not maintaining compliance. Follow the guidelines below to help you stay compliant with regulations and keep your child care license valid. Note: The information below is specific to Washington State, where the Washington Department of Children, Youth, and Families …
Running a daycare may be your dream job and while it is a rewarding career, there are always issues that need addressing for a more successful business. One of these issues is the turnover rate. According to the National Association for the Education of Young Children (NAEYC), staff turnover in early childhood education averages 30 percent annually. That’s a lot of employees …
Procare is a childcare management system that automates tuition collection, handles check-in and center security, and improves parent engagement in one fell swoop. But is this program worth your investment? What do users really think? And how much does it all cost?
As a daycare operator, you are responsible for many people’s most precious belongings: their children. As such, extra care is needed with communication and clarification of policies and procedures. Document important information and agreements to terms with the use of child care forms. Use of these forms frees your attention and time from handling administrative headaches so you can focus on the success of your daycare center and the well being of the children in your care.
One area to pay special attention to as a child care business operator is child care billing. Billing is important because it is the transaction that ensures you are properly compensated for your services. It is the process that controls cash flow and also helps ensure that money flows smoothly and easily into your business’ accounts.