Recession Proofing Your Child Care Business: “Be Optimistic But Be Prepared”

Business, Child Care Business Operations, Child Care Owner Exit Planning, Child Care Stabilization Grants, Taxation

No child care business owner wants to consider or discuss the likelihood of a recession. However, good and bad economic times are part of normal economic cycles. Not counting the steep but very brief economic downturn during the COVID pandemic, the last recession in the U.S. was from December 2007 to June 2009 – often…

Child Care Business Owner End of the Year Planning

Business, Child Care Business Operations, Child Care Owner Exit Planning

Like most businesses, the end of the year is a busy time for childcare business owners. Before the rush of the holidays begins, it is important to take stock – reviewing, analyzing, and planning for the new year—five suggestions to consider. In-depth review of business financials. It is important to review your childcare financial information…