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?
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
The Finance Team is delighted to announce our new Team member Jenna Dawes. Jenna has extensive knowledge in the fields of accounting & experience implementing new accounting packages/processes … [Read more...] about The Childcare Finance Team
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
Childcare Business owners & managers know that income minus costs equal profit or financial key performance. This is a pretty simple view of procedures. Underst&ing what makes up the key performance … [Read more...] about Underst&ing the Financial Key Performance Indicators
Have you taken a look at your financial position? You may not have considered it in the past, but professional financial advice can be vital to all businesses. They will help you to improve your … [Read more...] about Childcare Service Success Metrics