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Archive for the ‘Administration’ Category

Record Keeping Tips For Child Care Providers

Accounting is not just a once per year task. It should be scheduled as a regular part of your routine. You may be like many other business owners who hold off until they need financials prepared for tax time. If you are not having your books updated regularly you may become frustrated because you want to go directly to the top of the game but cannot figure out what is missing and why. A lack of financial information can keep you from advancing from one phase of business to the next.

  •   Accounting helps you make sound business decisions. Faced with several alternatives, the best choice is the one that you can assess qualitatively and backup with verifiable numbers. The financial results that you want your company to achieve can be quantified by information in your accounting system. It doesn’t matter if you are using a manual method of accounting or a sophisticated software program. As long as the method you choose gives the information you need when you need it then the choice of systems is entirely up to you.
  •   Success is where preparation meets opportunity. Always prepare financial reports to be ready to move on growth opportunities. With accounting reports you can make conclusions about ways to grow your business. Some examples where accounting information comes in handy other than at tax time include sales analysis and projects, weighing investment options, and deciding whether to include financing in your capital structure. All of the choices require forethought and accounting data helps reduce your financial risk.
  •  Avoid impulsive decisions. Successful companies are built by managers who use qualitative and quantitative data in investment decisions. Before tackling any new project, whether it is starting something new or expanding an existing company, you should always count the cost of the project. Use up-to-date information from your accounting reports to get a good idea of where the company stands now and how it should proceed in the future.

For more practical tips and advice, visit the financial center for business owners at http://www.tbsusa.com

About the Guest Writer: This blog post has been provided by Benita Tyler, The President of TBS USA Accounting and Tax Advisors and Creator of the Position to Prosper System™. Contact Benita at btyler@tbsusa.com: Connect with Benita on Facebook and Twitter!

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Administration

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Conducting Effective Job Interviews

The time will come when you will need an employee. Your enrollment may increase, you may need to take a vacation or you just may need part-time help. Conducting job interviews can be time-consuming and you can save your self time by being organized during the process. Moreover, your preparation will assure that you have successful interviews and hire the person that is right for your childcare business.

Preparing for the Interview

Before the interview, make a detailed list of why you need an employee, a description of the duties that the potential employee will conduct and how much the job will pay. This will help you to be more organized for the interview and also the potential employee will know the specific details of the job. Moreover, this will help the potential employee determine if the job is right for him or her.

Scheduling an Interview

Schedule job interviews at a time of the day when their will be no distractions. The first interview can be done over the telephone, to screen the applicant. It is also a good ideas to have the applicant to fax or email a resume to you. If the potential employee seems like a great candidate for the job, then schedule a face-to face interview.

Questions to ask on the interview

The questions that you ask during the job interview will help you to determine if you will hire this applicant. Here are five general questions to ask a potential employee:

1. Tell me about you?

2. What type of experience do you have working with children and describe your daily duties at your last childcare position?

3. Why should I hire you?

4. What are your goals? Where do you see yourself in five years?

5. If I were to call your last employer, what will he or she tell me about your work performance?

Wrapping up the Interview

Be sure to explain to the applicant about all the details of the job including: your mission, your expectations, the hours, benefits, back ground screening, licensing requirements of workers, the work environment and the salary. End the interview by shaking the potential applicant’s hand and informing them that you will contact them in the event that you decide to hire them.

References:

Effectively Managing Childcare Staff

Employee Forms

Category:

Administration, Employee Management

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