Inspirational and Empowering Child Care Business Owners To Build Successful Child Care Businesses

Archive for the ‘Finances’ Category

You Don’t Have To Struggle in Business Anymore….Contact Me Today!

I am no stranger to Struggling Financially in Business. In fact, when I opened my first Child Care Center, I opened the doors with one child and did not know how I was going to pay my first month’s rent. But, thank God for faithful friends and Business Colleagues.

I also, know what it is like to have enough money to pay all of my bills and have enough money to forward into next month’s budget.

When your business is struggling financially it affects you on a personal level, it affects your creativity level and most of all it affects your cash flow.

Here’s what I know for sure: If you want something different, you have got to do something different.

Every business has it’s slow seasons and that’s not what I’m talking about. In fact, if your business has been struggling for  a year or more, its time to take a closer look at your Business practices.

If you are serious about making changes in your Business, I would love to schedule a Coaching Session with you. The One Time investment is only $97/hour and your session with me could possibly save your Business.

In a One-time Business Finances Strategy Session with me, we will:

  • Discuss the current state of your Business
  • Talk about practices you need to stop
  • What you can do differently to turn your Business around
  • Share strategies with you that will help you take your Business to another level.

Are you ready to save your Business? Are you ready to go to another level? If so, Schedule your coaching session with me today!! Click here

To Your Success
Shiketa

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Business Management, Finances

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Multiple Streams of Income Tips For Child Care Business Owners

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On October 1, 2013, the United States Government Shut down. In fact, when I first heard the news, I thought: Oh My gosh, this could affect subsidized childcare payments and food program funds.

In my current Child Care Facility, 61 % of my center’s  income comes from subsidized childcare payments;15% of the income comes from Food program funds and 25% comes from private paying parents.

Moreover, when I received the news of a Government Shut down; I was reminded of the importance of having multiple streams of income. In fact, If your Child Care Business is not highly subsidized, the government shut down may not affect you.

However, if your Child Care Business receives at least 50% of its income from government assistance; it is vital that you look into having multiple streams of income.

When you have multiple streams of income, you will have a back-up income source in the event of low enrollment or a government shut down.

Five years ago, I decided to try Internet marketing and that was a great way to supplement my income. Started up another business, was good for me, because I had kids on the brain all the time!!

Then as I began to grow an online Business, I discovered a gift of writing/Consulting and I began to build another stream of income.

Furthermore, when I experienced a slow season at my center, my Online Business was my back–up income.

I’m not suggesting that you take your focus away from building your business, however, I am simply inspiring you to never put all your eggs in one basket (as my grandmother used to say).

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Here are a five ways to add Multiple Streams of Income:

  1. What talents do you have that you are not using in your Child Care Business?
  2. You can start an internet business for less than $100. Do you love to help others look or feel great? Try Mary Kay, Juice Plus+, or even Avon.
  3. Build a website, make money from the ads, sell information or products online.
  4. Write a ebook and sell it online.
  5. Are you crafty? Set up a vendor table at a local event and sale gift baskets, blankets, pillows,etc.

This is just a few ways for you to increase your income when there is not enough income in your Child Care Business. Do you need help getting started, leave a comment below or contact me for a Coaching session on my Inspired Business Woman Blog!

Child Care may be your Purpose in Life, however, there is more money to be made from your Passion!

Don’t let a government shutdown stop you from creating your very own financial freedom!! In fact, its time that you start thinking like a Millionaire and Increase Your income Streams!

Here is a Free Download from my 21-Day Mastermind eClub, —> Millionaires Have Multiple Streams of Income

Shiketa

Check out My upcoming Teleseminar Event, get Empowered for 2014! click here

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Business Management, Finances

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