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Category Archives: Managing A Childcare Company or School

How To Reduce or Control Expenses In Your Childcare (Part 1 of 2)

  Controlling and reducing the expenses of your childcare company or school starts with knowing what the expenses should be.  Many company owners, presidents and CEOs started in this business with a somewhat vague knowledge of expense levels and an entrepreneurial spirit that told them they would figure it out.  Approximately 20% survive the early… Continue Reading

How Do I Fix Collection Problems In My Childcare Company?

Collection problems can be sorted into two primary types. The first is collecting from private pay clients, and the second is collecting various subsidy funds from federal, state or local government. PRIVATE PAY CLIENTS (From 100% to Subsidy Differentials): Private pay clients are oftentimes like children who are simply testing boundaries. Operating in this mentality,… Continue Reading

When Should I Raise Rates For My Childcare?

  This question has become particularly worrisome for many childcare centers during the last few years as some enrollments fell during the recession.  Some of these enrollments still haven’t returned to normal levels. Every market is different and every childcare center’s circumstances need to be considered individually.  However, it is very important to remember that… Continue Reading