Buying a Child Care Business
For those who want to buy a child care business… Solutions 4 Child Care, will work with you whether you are an experienced buyer looking for a new opportunity, or a first-time buyer ready to purchase your own child care
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Explore Articles About Increasing Child Care Business Value, Exit Strategy Planning, Buying and Selling Child Care Businesses
Starting a New Child Care Business
If you desire is to own a child care center, you basically have three options to accomplish this goal: buy an existing center, convert a space or building into a child care center or build a new center
Understanding Break-Even in Your Child Care Business
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
5 C’s of Lending
What Does a Lender Look For? The 5 C’S of Lending Lenders and investors look not only at the business numbers when making a loan but also take into consideration intangible things. These intangible considerations are often referred
Increasing Cash Flow
Increasing Cash Flow Successful cash flow management requires managing the money that comes in and flows out of your child care business. The goal is to maintain smooth, consistent cash flow. Large increases in expenses and drops in
Value of Preventive Maintenance
Preventive Maintenance – A Cost or a Savings? Preventive maintenance is planned or scheduled maintenance with the goal of preventing breakdowns and failures by keeping things repaired and in good working condition. Preventive maintenance in a child care
Child Care – Tuition Collection
Tuition Collection The collection of tuition fees is a constant challenge for most child care centers. However, the consistent, timely collection of tuition fees is critical to the cash flow and long-term success of a child care business.
How to Choose the Right Accountant for Your Child Care Business
How to Choose the Right Accountant for Your Child Care Business Your accountant should be looked at as a valuable member of your professional team. A qualified accountant can provide you with advice on your accounting system, tax