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.

Creative, Effective Expense Categories: Simple Templates & Systems for Better Financial Control   Let’s talk about something that doesn’t feel very “warm and fuzzy,” but absolutely protects the heart of your center: how you group and track your expenses. When your childcare expense categories are clear and your system is simple, you see problems sooner, make decisions faster, and sleep read more.

Picture this: You’re running a busy preschool with 45 enrolled children. You’re handling everything from lesson planning to parent communications to staffing issues. At the end of the month, you glance at your bank account and think, “That seems low.” However, between managing your early childhood education program and keeping your facility running smoothly, who has time to dig through 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.

Key Topics for Quarter 4 CPA Meetings   Quarterly conversations with a childcare CPA are crucial, especially as the year closes and tax season approaches. Here’s a friendly, in-depth guide from Honest Buck Accounting with the essential questions and actionable steps to take for a successful year-end review and a smooth start to the new year. Before you wrap up 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.