Every two weeks, the same headache returns. You’re sitting at your desk with handwritten timesheets scattered everywhere, trying to decipher Maria’s writing from last Tuesday. Did she clock in at 7:15 or 7:45? And what about that crossed-out time on Thursday? Meanwhile, three staff members are asking about their paychecks, and you’re already running behindContinue reading “Do Childcare Time Clocks Reduce Payroll Errors Or Add To Them?”
Category Archives: Finances
Daycare Tuition Collection: Best Practices for Getting Paid on Time
It’s 4:30 p.m. on a Friday, and you’re staring at your billing spreadsheet instead of enjoying a well-earned break. Three families still haven’t paid this month’s tuition, payroll is due Monday, and you’re wondering where the time went. Sound familiar? For childcare directors everywhere, tuition collection has become one of the most time-consuming parts ofContinue reading “Daycare Tuition Collection: Best Practices for Getting Paid on Time”
How to Manage Childcare Subsidies
Childcare is an invaluable resource for many families. Not only does it allow parents to work and provide for their households, it also plays an important role in young children’s social development, early education, and overall well-being. But today, the cost of childcare is alarmingly high. Parents in the U.S. are struggling to afford it.Continue reading “How to Manage Childcare Subsidies”
A Guide to Types of Fees at Childcare Centers
Different types of fees at your childcare center are all necessary parts of running a childcare business. While childcare is an essential and rewarding career, it doesn’t happen for free. You and your staff need to get paid. That said, childcare fees are not greedy or “bad.” They’re simply a way to account for additionalContinue reading “A Guide to Types of Fees at Childcare Centers”
How to Create Payment Policies For A Childcare Business
While childcare is an essential profession in society, it isn’t a charity. At the end of the day, you and your staff have families to feed and lives to live. You all need to get paid for your hard work and service. It’s common practice for childcare providers to have a payment policies to makeContinue reading “How to Create Payment Policies For A Childcare Business”
How to Make a Budget for Your Daycare Business
Whether you run a daycare business at your home or you’re starting up a new childcare center, one of the most important aspects of success is a reliable budget. Without knowing the numbers in your business, it’s nearly impossible to scale — much less remain organized in so many important tasks. Maybe you’re wondering whyContinue reading “How to Make a Budget for Your Daycare Business”