The #1 Online information Source for Child Care Business Owners

The month of May is a very busy month!

In fact, the month of May is a big month for graduations along with Mothers Day, Teachers appreciation day, Cinco de mayo and Memorial Day.

I don’t know about you, but I have to start planning early for the month of May to avoid that overwhelming feeling that comes with planning too many events.

As I wrote my Curriculum Club lesson plans for the month of May, I included a bonus form that provided the members of my club with planning ideas for the month of May.

My Event Ideas included:

  • Cinco de mayo activities
  • Teacher Appreciation
  • Muffins and Mom
  • Year end/Preschool Graduation planning ideas

As a gift to you, I thought I would share it with you as well.  Click the link–>Tips for Planning May Events For Your Child Care Business

I hope to see you in my Curriculum Club Soon and I look forward to reading your comments about this blog post.

Happy Planning…

Shiketa

start-up budgetThe way that you manage your money is closely related to the quality of your business.

 

According The Houston Chronicle, managing the quality of your business must be a priority. Moreover, having quality Administrative practices is a vital part of operating a high quality childcare Business.

In the article: Quality Administrative Practices, Brandon Pickard of Demand media listed Polices and procedures as a sign of a Quality Business. Pickard describes the following as quality administrative practices:

Establish policies and procedures to help maintain quality business practices. They usually consist of seven sections:

  1. Purpose
  2. Revision history
  3. Persons affected
  4. Policy
  5. Definitions
  6. Responsibilities and procedures

For example, it is vital that you develop money management policies. In fact, the way that you manage your money is closely related to the quality of your business.

  Furthermore, it takes money to build a Quality Child Care Business. So, be sure to have a system in place that describes the following:

  • When payments are due
  • Who is authorized to collects payments
  • Who is authorized to make bank  deposits
  • Guidelines for a  monthly budget 
  • Designate who is authorized to make purchases or sign checks
  • Collection or Bad Debt procedures
  • How to handle Late fees (in the event parents are late making payments)

For more money management or administrative coaching,  join me in the Center Owner eclub or the Family Home Child Care Empowerment Club.

Need some personalized assistance with your money management policies? Contact me today for a one-on-one coaching session!

With your Success in mind…

Shiketa

Resource link

http://smallbusiness.chron.com/quality-administrative-procedures-16919.html

 

Tag Cloud

Follow

Get every new post delivered to your Inbox.

Join 4,955 other followers

%d bloggers like this: