Like most businesses, the end of the year is a busy time for childcare business owners. Before the rush of the holidays begins, it is important to take stock – reviewing, analyzing, and planning for the new year—five suggestions to consider. In-depth review of business financials. It is important to review your childcare financial information…
No child care business owner wants to consider or discuss the likelihood of a recession. However, good and bad economic times are part of normal economic cycles. Not counting the steep but very brief economic downturn during the COVID pandemic, the last recession in the U.S. was from December 2007 to June 2009 – often…
Like most businesses, the end of the year is a busy time for childcare business owners. Before the rush of the holidays begins, it is important to take stock – reviewing, analyzing, and planning for the new year—five suggestions to consider. In-depth review of business financials. It is important to review your childcare financial information…
Although intended to stabilize the childcare industry and individual childcare businesses, in my opinion, the funding only served to “prop up” the industry. The childcare industry will be more unstable when the grant funds are depleted. Unless there are additional grant funds, or as I like to say, “another pot of gold at the end…
The Child Care Stabilization Grants (American Rescue Act Plan) represents a historic investment in the early childhood education industry. As indicated in the name – Stabilization Grants, the program and funds are being provided to shore up childcare businesses battered by the COVID-19 Pandemic and provide for a financially stable childcare business and industry in…
