Many childcare business owners do not understand the importance of the break-even point and how it is calculated. While breaking even might not seem like much of a business goal, it’s an essential … [Read more...] about Do You Know Your Break Even Point?
From 1 January 2020, providers of long day care services & preschools/kindergartens will need to have a second early childhood teacher or, alternatively, a ‘suitably qualified person’ in … [Read more...] about Additional Staffing Requirement From 1 January 2020
Fiscus Business Intelligence “Fiscus, from which comes the English term fiscal, was the name of the personal chest of the emperors of Rome. The word is literally translated as "basket" or "purse" & … [Read more...] about Business Intelligence
Be Clear on Decision Making! The Early Learning Management Team has been developing high quality, scalable financial childcare centric models for clients. We now have a cost-effective premium … [Read more...] about Childcare Forecast Modelling
Payroll Team Due to the changes with CCS in regard to role marking & sign out times which has led to a delay in the CCS payments from the government we are going to change the payroll … [Read more...] about Payroll Update
Financial forecasting is one of the important aspects of starting a childcare centre. It involves projecting the financial impact of trends & changes in a childcare centre’s operations. A critical … [Read more...] about What’s in The Budget of a Start-up Childcare Business?
Money is the lifeline of your childcare business. The money coming in & going out of your accounts makes or breaks your business. The most effective way to manage your finances is to set a budget & … [Read more...] about Get Down to Business: Financial Management Tips For Your Childcare Facility
Financial forecasting is critical to a business’ success. It enables business owners to minimise risks & make sound decisions in anticipation of unforeseen circumstances. By looking at internal & … [Read more...] about Looking Towards the Future: Financial Forecasting for Childcare Centres
Nobody knows what the future holds. One minute there’s a growing trend of children enrolling at your centre; the next minute, there’s a change in the economic climate forcing you to cut down on … [Read more...] about Why You Need Financial Forecasting for Your Childcare Centre
A successful child care development strategy for your business involves building the right team for your childcare facility. One way to achieve that is by hiring the right staff & educators, … [Read more...] about Hiring Childcare Staff: Ideal Qualities of Childcare Educators