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Archive for the ‘Quality Care’ Category

Record Keeping and Tax Tips For New & Experienced Child Care Providers

The Child Care Business Owner Institute's avatarThe Child Care Business Owner Institute

Your goal should be to have receipts for every penny of your expenses.~Red Leaf National Institute

  As I write this blog post, we are less than 30 days away from a new year and this is a great time to tidy up your record keeping practices.  According to Redleaf Institute, it is important that you become familiar with all of the IRS requirements for filing your taxes. In fact, when you are familiar with the IRS requirements and you are more effective in your record keeping endeavors, you will reduce be able to claim the maximum legal deduction, your records will be more organized and you will reduce your taxes. I agree 100% with Redleaf Institute and I have also found that Record Keeping is a vital part of managing a successful childcare business including:

  • Keeping Track of and storing Receipts
  • Knowing when to deduct expenses
  • Keeping track of food expenses
  • Conducting…

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Category:

Quality Care

What Providers Think About the Tuition Makeover Policy eCourse

 

Do you frequently have problems getting parents to pay you on-time? Is this issue causing a cash flow problem in your Child Care Business? Are you frustrated with late payments?

You can avoid or minimize many of the problems that most Child Care Business Owners face by simply getting the strategies and tools that you need to makeover your tuition policy.

Furthermore, I believe that if parents are constantly late paying tuition, this could lead to a cash flow problem in your Business!

Many Childcare Business Owners ask me how do I get parents to pay them on-time and my answer is always as follows:

  1. You have to be very diligent about collecting payments on-time
  2. Parents must know that they must pay you on-time or choose another provider
  3. Be assertive about collecting payment, because being passive about your money, will only lead to delinquent accounts
  4. Finally,  if you know that you provide a great service and then you know that you Deserve to get paid for it!

Check Out What Providers Think about the Tuition Makeover Policy eCourse

“The Tuition Policy  Makeover was great! After 23 years as a home provider, I’ve found that since the recession, I’ve had more difficulty with this issue and needed to change the way I collect from clients. It was easy to follow each step that was outlined each day. It was worth every penny! I plan to use it as I transition from Family Childcare to a Center.”
Terri Rash
Miss Terri’s Little School
Pocatello, Idahoarrow going down
“I Love it! 
I could not wait for each email to come in. Each day I implemented the recommended strategies that you had for me.
Thank you for making my Job a lot easier. Thank you so much for being a part of Growing my business!”
~Zelma Johnson
Are you ready to Makeover your Tuition Policy and discover how to get your money on-time? If so, click here.

Category:

Business Management, Family Child Care, Quality Care, Tuition

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