EIDL Collections Are Coming: What Every Childcare Center Owner Needs to Know If you took an EIDL loan to keep your childcare center alive during COVID, you are not alone. Thousands of daycare, preschool, and early childhood education businesses relied on Economic Injury Disaster Loans as a lifeline when enrollment plummeted and shutdowns left them with no revenue. But now, read more.

How Strong Financial Management Supports Better Child Outcomes Running an early learning center is about more than meeting ratios and keeping the classroom tidy—it’s about creating a space where children can learn, grow, and thrive. But behind the smiles, songs, and story times, there’s another important ingredient that helps make it all possible: strong financial management. More Resources Mean Better read more.

Building a Preschool Rainy Day Fund: Steps for Financial Resilience Running a childcare center is more than teaching and nurturing — it’s also about keeping your business financially strong through every season. One of the smartest ways to protect your preschool’s future is by building a rainy day fund — a dedicated savings account to cushion your center against unexpected read more.

5 Ways You Can Handle Late Tuition Payments For Early Childhood Educators Running a childcare center is deeply rewarding, but collecting tuition on time—let’s be honest—can sometimes feel like the hardest part! At Honest Buck Accounting, we know these financial concerns can distract from your passion: nurturing little learners. That’s why keeping your books accurate, even when payments lag behind, read more.

Building Financial Reserves & Understanding Hidden Costs in Today’s Child Care Landscape Running a child care center has always required careful financial planning, but with recent federal budget cuts and uncertainty around subsidies, building financial reserves is more important than ever. At Honest Buck Accounting, we work with early childhood education centers every day, and we know how overwhelming these read more.

What Are Sweep Accounts? In the following guide, we cover everything you need to know about sweep accounts. You’ll learn what they are, how they work, and why you should consider using them for your childcare business, especially when it comes to managing child care cash. Managing your child care cash with sweep accounts can help boost efficiency and earnings. read more.

10 Ways to Increase Profitability for Your Childcare Business    Growing a more profitable childcare business is possible with the right financial strategies. In the following article, we provide an overview of ten actionable ways to increase profitability for your ECE business. Get started with these tips to increase your childcare company’s profitability.  Optimize Your Staff Schedule Two common profit-busters read more.

What is an accountable plan, and how can it help you maximize tax deductions for your childcare S-corp? read more.