Many Early Childcare Education businesses we work with discover they are overspending on overhead. Are you one of them? In this article, we define overhead costs and take a look at the different types of overhead. Then, we walk you through calculating your overhead so you can gauge where you stand. Finally, we suggest three ways to reduce your overhead …
An effective job ad is key to attracting the right potential candidates to your childcare company. In the following guide, we discuss why a stand-out job ad matters, what elements make up an effective job ad, and how you can create a job ad that sets your company and open position apart from the rest. Read on to find out …
If you want to give your childcare business a strong financial foundation, then you need to get your books on track. When you keep your financial books organized and up-to-date, you can get a clear picture of your business finances and make better financial decisions. In this article, we offer five tips for getting (and keeping) your books on track. …
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 …
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 …
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 …
Credit cards can give your childcare business leverage by helping you save money, grow your business, and keep track of spending. If you know how to use credit cards wisely, they can become a tool that will help you propel your daycare business forward. In this article, we examine the advantages that credit cards can offer you as a childcare …
Is your childcare business eligible to receive the Employee Retention Credit, and if so, how can you claim your refund? In the following guide, we cover the essential information you need to know about the Employee Retention Credit, including what it is, what provisions have been modified and expanded in recent months, who qualifies for a refund, and how you …