Money Management

childcare stabilization act

The Childcare Stabilization Act: Enhancing Access and Support for Providers and Families

The United States Congress has proposed a bill to revolutionize childcare services and fortify support for families and childcare providers. Known as the \”Child Care Stabilization Act,\” this legislation addresses the critical need for increased childcare options for working families while providing much-needed support to childcare providers. Did you know? This bill proposes an appropriation […]

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Beyond the Basics: Exploring Additional Income Streams for Childcare Owners

It\’s important to assess the demand and feasibility of services within your local market, considering factors such as staffing, licensing requirements, and resource allocation. Understanding the needs of parents and offering convenient and value-added services can help increase income streams while enhancing the overall childcare experience. To increase revenue and provide additional value to parents,

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A Comprehensive Guide to Managing and Tracking Finances for Your Daycare Business

Managing the finances of a daycare business is essential for its success and long-term sustainability. Maintaining a clear and organized financial system is crucial, from budgeting to tracking expenses and revenue. In this blog, we will provide a comprehensive guide on how to effectively manage and track finances for your daycare business, ensuring financial stability

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Increase your income

10 Ways to Increase Your Income as a Home Daycare Provider

Most state agencies only allow home daycare providers to care for six children for income at one time, limiting the amount of income earned. The average income for home daycares ranges from $27,529 – $33,363 per year. Because of these income limits, many daycare providers look for other ways to maximize their annual income to

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daycare business recession ready

Is Your Daycare Business Recession Ready?

What is a recession? A recession is when there\’s a decline in economic activity such as spending and sales. Once spending and sales decline, it causes the loss of jobs and the permanent closure of some businesses. According to thebalance.com, \”there have been 11 recessions since 1948, averaging out to about one recession every six years.\”

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Time Management Methods for a Home Daycare

Time Management Methods for a Home Daycare Business

Time management separates daycare owners who are doing exceptionally well with operating a childcare business from those who struggle to succeed. Having time management methods in place is essential for any daycare owner. Time management is the process of organizing and planning how to divide your time between day-to-day activities without feeling overwhelmed. Everyday activities

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