KNOW YOUR NUMBERS
A course to overcome the number one obstacle in your business
Knowing your numbers can build or break your business.
It shouldn't be this hard.
Free yourself from financial overwhelm
The financial side of running an early childhood business can be overwhelming. At Honest Buck Accounting, we specialize in finance for preschools, daycares, dance studios, music schools, and other student-oriented businesses.
We’ve designed this course to help you get a grip on your finances, grow your knowledge and know-how, and gain peace of mind for what’s ahead. You’ll get access to sessions created by our Founder, Rachelle Calina, as well as a toolbox of great resources you can use for years to come to know your numbers and grow your business.
Whether you’re planning out the expansion of new locations or just trying to figure out if the business is in a good place financially, this course is for you!
Preview the Know your Numbers eCourse content for FREE.
Where should we send the guide?
Gain the knowledge you need to feel financially confident.
Imagine growing your business with financial know-how
1) Understand your bottom-line basics:
- Read and understand your financial statements
- Understand how much you’re spending to acquire/bring in each student
- Determine your minimum monthly revenue or minimum enrolled students to be successful
- Use your numbers to uncover how to increase enrollment without overspending
2) Grow your profit:
- Identify sneaky costs that eat away at your margins
- Quickly identify problem areas that can kill your profitability
3) Use numbers to guide strategic decision-making:
- Identify when it’s time to increase your rates and by how much.
- When it is safe to expand, open new locations, and acquire already established schools or centers
Build Your Toolbox: Keep using these tools for years to come:
- STAFFING: Employee turnover calculator
- ENROLLMENT: Student turnover calculator
- REVENUE PLANNING: Average student lifetime calculator
- TUITION PLANNING: Avg monthly revenue per student calculator
- GROWTH PLANNING: Multi-location planning cheat sheet
What does it cost to enroll in Know Your Numbers?
$799
$499
What do I need to have on hand to complete the course?
In order to participate in KNOW YOUR NUMBERS, you’ll need the following on hand:
- Income Statement (P&L) or Statement of Activity
- Balance Sheets for the last 2 years or Statement of Financial Position
- Student Roster w/ start dates
- Employee Roster w/ start dates
If you do not have your last 2 years of books up to date, contact Honest Buck Accounting, and we can get everything squared away for you in around 3 weeks for a flat fee. If the timeline does not line up with the start of the next course launch, you can enroll in the course the following time it is offered.