How to Pay Yourself as the Owner of a Childcare Business

One of the most rewarding experiences of being a small business owner is the realization that you get to pay yourself. You have invested the time, hard work, and money to turn your dream of owning a childcare business into a reality, and your efforts come to fruition through the act of providing your own paycheck. How you approach your …

What You Need to Know About the Small Business Health Insurance Credit

If you are the owner of a small childcare business and you pay the health insurance premiums on behalf of employees who are enrolled in a qualified health plan, you may be eligible to receive the Small Business Health Insurance Credit. In the following guide, we provide an overview of the Small Business Health Insurance Credit, including what it is, …

10 Ways to Stay Healthy as a Childcare Provider

Colds, and flus, and viruses, oh my! Every childcare provider knows that wherever the little ones are, the germs will soon follow! How can you take steps to keep yourself and your little ones healthy this cold and flu season? In the following article, read about ten ways you can stay healthy as a childcare provider. Children and germs go …

How to Deduct Your Home Office for Your In-Home Childcare Center

If you operate your childcare business out of your home, you may be qualified for the home office tax deduction. The IRS sets forth guidelines for at-home daycare centers to help childcare business owners assess whether they are eligible for the home office tax deduction. In this article, we will take a look at the home office tax deduction, including …

Elements of an Effective Daycare Business Plan

Creating a comprehensive business plan is a critical first step in launching your childcare business. In this article, we will address the importance of a thorough business plan and examine the components of a well-developed daycare business plan. Read on to learn more. What is a Business Plan? A business plan is a formal written document that outlines the objectives …

Choose the Right Business Structure for Your Childcare Business

One of the most important decisions you will make for your childcare business is the business structure you choose. Your business structure will have a significant impact on the way you run your childcare business, the paperwork you need to file, the taxes you pay, your personal liability, and your ability to raise funds. Your goal as a business owner …

Childcare, Daycare, Preschool – What’s the Difference?

Parents who are looking for the ideal caregiver for their young children have a lot of options available to them, so the way you describe your care services matters. Many people think the terms “childcare,” “daycare,” and “preschool” are interchangeable, but early childhood education professionals know better. In this article, we will take a look at the meanings associated with …