The Paycheck Protection Program (PPP) was created by the CARES Act and is implemented by the Small Business Administration with support from the Department of the Treasury. It is there for borrowers to use for specific expenses with funds to pay up to 8 weeks. It allows businesses resources for things like applicable overhead, payroll, rent, mortgage interest, utilities, and rehiring of …
While caring for children often comes with risks and uncertainty, things are different right now and it is important to know all you can about how to protect your business. With COVID-19, times are uncertain and information changes, sometimes on a daily basis. And that includes knowing what to do if the worst happens and a child gets sick at …
The COVID-19 crisis came in as an unprecedented event and many took a hit to their income. As a successful childcare center, you value financial stability – the very foundation of your income. During the pandemic, creating a plan to maintain your operations is crucial. And while you may face challenges along the way, taking the right steps for your …
Managing Director and CPA at Honest Buck, Rachelle Calina, appeared on the Java Chat Podcast to chat over coffee about startups, what to consider for your business when it comes to finances, cashflow and the ability to forecast honestly. They go lightly into the Payroll Protection Program (PPP) and what you should know as a business before going after assistance …
The typical administrator’s feeling toward performance reviews is not a favorable one. Preschool teacher evaluations in too many early learning programs represent just another annual administrative chore. But they can — and should — be much more. Learn how to transform your preschool teacher evaluations into more enjoyable, effective experiences. A “Necessary Evil” Can Be A Good Thing Why do …
As stay-at-home and shelter-in-place restrictions relax across the country, reopening of public spaces proceeds, albeit unevenly. When faced with the option to reopen, you must decide whether your day care business can and should do so, and then you’ll need to implement your selected course of action. You’ll have many questions to answer, ones you probably have not ever needed …
You probably know how much your facility charges for daycare. But do you know how your daycare costs compare to those within the state or across the country? Find out below. Factors That Affect Cost of Child Care Child care costs vary greatly, influenced by several factors, including: Cost of living, based on which area of the country the facility …
If you run an early childhood education business, you love children and want to care for them. You also want to be successful and run a profitable business and the two should go hand in hand. And of course, if you love what you do then you are not really working, as the saying goes. Yet, this is not exactly …