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Strong childcare hiring practices are one of the highest-leverage moves a daycare owner can make. The childcare industry has some of the highest turnover rates in any sector, so every hire matters. In the guide that follows, we walk through practical, repeatable childcare hiring practices — from finding the right candidates to onboarding them in a way that makes them read more.
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A great daycare business website is one of the most powerful tools your childcare business can own. In this article, we walk through the top five reasons your daycare business website matters — and why your social media pages alone simply cannot do the same job. A strong site helps your childcare program survive and thrive in a competitive industry. read more.
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Childcare business succession planning is the strategic process of preparing your daycare for its next chapter — whether that’s a sale, a leadership handoff, or a long retirement. You may not plan to sell anytime soon, but the work you do now to grow market value will pay off when the right moment arrives. Below are seven CPA-backed tips for read more.
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You’ll find no shortage of articles online listing reasons great employees quit. Understanding why your best people leave matters — but childcare employee retention ultimately comes down to understanding why they stay. In an industry where turnover regularly tops 30% per year (U.S. Bureau of Labor Statistics), keeping your top performers is a strategic advantage. Here are ten reasons your read more.
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One of the most important financial metrics for your childcare business is your student turnover rate. The student turnover rate formula tells you exactly how many families are leaving over a given period — and whether your retention game needs work. In this guide, we’ll cover what the metric is, how to calculate it, why it matters financially, and how read more.
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It’s hard to overstate the importance of knowing what each child is worth to your business. The student lifetime value formula tells you exactly that — the total revenue a child brings to your childcare center across the time they’re enrolled. In this guide, we’ll cover how to calculate student lifetime value, why it matters for the financial health of read more.
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How to Calculate the Childcare Break-Even Point for Your Daycare The childcare break-even point is the moment your total revenue equals your total costs. First, it tells you whether your daycare is profitable. Next, it shows how much each enrollment contributes to profit. As a daycare owner, this single number can guide pricing, hiring, and expansion decisions. In this guide, read more.
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Accepting new children into your daycare program is one of the most reliable ways to grow revenue. However, before you start spending the extra cashflow in your head, you need to understand the true cost of every additional child. The single biggest driver of that true cost is your daycare variable costs per child — the direct expenses that rise read more.