Understanding Break-Even Break-even is the minimal amount of income/revenue a child care center must earn to cover all expenses without losing money or making money.  Therefore, all income above the break-even point would be profits. To calculate your center’s break-even, add up all of the operating expenses for a month, i.e. labor, supplies, rent, insurance,… Read More

Strategies for Managing Risks in Your Child Care Business (First Published July 31, 2008) As with every business, the operation of a child care business includes risks. It is not possible to eliminate all risk but steps can be taken to minimize your exposure to risks.  Avoid situations that have built in risks such is… Read More

Section 179 for 2008 In 2008, Section 179 allowable write-offs are more attractive and can lead to substantial tax savings. The basics of Section 179 for 2008 When buying new equipment, including machinery, computers and other tangible goods, it is usually preferable to deduct the entire cost this tax year (2008), rather than a little… Read More