Childcare FTE calculation is one of the most underused profitability tools in early childhood education. Full-Time Equivalency (FTE) tells you whether your program is actually using its schedule capacity — not just how many names are on the roster. The higher your FTE, the more profitable your business. This guide walks you through how to calculate FTE for your childcare read more.

Rachelle Calina, Managing Director and CPA at Honest Buck Accounting, joined host Mike on the Java Chat Podcast interview series to talk about what every business owner should understand about their finances. Over coffee, the conversation covers startups, cash flow, honest forecasting, and what to have in order before you ever sit down with an accountant. You can watch the read more.

The average daycare costs in the United States hit $13,184 a year in 2025, according to the latest data from Child Care Aware of America. You probably know what your own facility charges — but how does it compare to the state and national picture? This guide breaks down current daycare costs across the country, the factors that drive them, read more.

Accounts receivable is typically held by companies that invoice for goods or services to be paid at a later date. Cash businesses, or those who receive payment at the time of delivery of the good or service, won’t have an accounts receivable. A consumer-facing retail shop that sells goods for immediate payment, for example, likely won’t have A/R.

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Accounts payable is generally defined as a current financial liability. It is usually money that a company owes to one or more of its vendors or suppliers. According to Less Accounting, how efficient the accounts payable system is in any organization affects the company’s reputation and financial stability. Accounts payable is sometimes thought of as short-term debt payments.

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Running a business has many layers and one of the most important elements is understanding the economics. Revenue and profit may sound like the same thing but each is unique in the world of finances. Here is more on understanding the difference between revenue vs. profit. What both are and how they work when it comes to your bottom line.

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At its core, forecasting predicts the future. Though some forecasts seem entirely fictional, the best business forecasts base projections on historical data and sound assumptions. Leave the creativity to the art majors, not your numbers.

Learn why this is important to your company, how to do it, and what factors could impact your actual bottom line. Armed with this knowledge, you’ll be better prepared for more accurate forecasting as time goes on.

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