The Child Care Business Owner Institute

Building a Child Care Business with Excellence in Mind

I have been busy hiring new staff for the summer and even doing some retraining of current staff. As we orientate ne staff, I want the new staff to excellence, because what your new staff see upon hiring is what they beleive the company expects.

I expect excellence from my team and nothing less, because kids deserve excellence. Most of all, I strongly believe that Success proceeds Excellence. Let me explain how travel inspires my drive for excellence.

When my husband and we choose hotels or resorts that are known for excellence. In fact, I have found that when a hotel has a spirit of excellence, you can expect excellence service. Moreover, you can even see excellence in their hotel rooms.

Whenever I have experienced excellence, I am inspired to give the families that choose my childcare center, excellence. I believe excellence is paying attention to details and exceeding the standards.

Google describes excellence as: “An inward attitude of constantly striving for exceptional quality, integrity, and diligence in everything you do. It goes beyond just completing a task; it is the mindset of doing your absolute best—even when no one is watching. This mindset manifests across several key pillars:Attention to Detail: Meticulously caring for the small things, ensuring that every piece of work is accurate, organized, and properly finished. “

Look around your Daycare. Do you see excellence in your childcare business? If so, keep up the good work. If you believe that you have work to do, please don’t try to tackle everything at once. Excellence takes time. So, create an excellence plan, involve your team and stay consistent.

I want to challenge you to take a leadership walk throuh your child care business and assess the following:

1. Are your walls Clean ?
2. Are your classrooms Organized?
3. Is there broken equipment or items in your facility?
4. Do you see spider webs or excessive dust anywhere?
5. Is the kitchen clean and organized?
6. Are the restrooms clean?
7. Does your playground need attention?
8. Is it time to upgrade materials or equipment?
9. Are your policies outdated?
   .

What did you discover? Did you see excellence? I think you get the picture. Excellence is paying attention to the little things and making it better! Be sure to tell me how this blog post inspired you.

Dr. Shiketa Morgan

Have you read my book: Giving to your Dream?

It’s Time to Do Your Own Budget Check up

I believe that the lifeline of a business is the money and if you run out of money, it could be difficult to keep up with all your business expenses.

At the beginning of this year I decided to spend less and assess what I was spending money on. In fact, I started with my bank statement and I was surprised at what I discovered.

In fact, I’ve been keeping a very close eye on what we were spending money on and closely monitoring the cash flow in the business.

Here’s what I discovered as I audited my business bank account:

• I was paying for subscriptions that I no longer needed.
• My website hosting company was charging me for a service that I did not use.
• We were spending hundreds of dollars on paper plates and spoons.
• I was over spending on insurance and many other unnecessary expenses.

A Childcare businesses comes with a big over head, especially a Child Care Center and it is vital that you cut any unnecessary spending.

After my 3-month spending audit, I saved my business over $3000-$4000 a year just by eliminating buying paper plates and bowls, cutting insurance cost and reviewing every bill that I was paying.

In fact, my cook informed me that cutting paper plates any reduced the trash in the building. So we were literally throwing money away.

I want to challenge you to review your budiness bank account statement and evaluate where your money is going. You are in business to make money not to lose money.

I shared this post with you because I know that Childcare businesses go through many seasons and it is vital that you Know how much comes into your business and where the money flows out.

Let me know how this post has helped you to clean up your childcare business budget.

Dr.Shiketa Morgan

Get my new book, Giving birth to your Dream!