Your Program’s “Report Card”: Understanding Your Financial Success

Ellen Harvey with the Small Business Development Center will help you understand your child care program’s financial story. You have mastered caring for children and families. Now let’s master the math that keeps your doors open. You’ve mastered caring for children and supporting families. Now let’s master the “behind-the-scenes” math that keeps your doors open. In this session, we’ll take the mystery out of your daily expenses. We’ll look at how to plan for your biggest costs—paying your amazing team, keeping the kitchen stocked, and maintaining your facility—without the stress. You’ll walk away with a clear “spending plan” so you can focus more on the kids and less on the bank account. What to Bring (Please provide one of the following): Your bank statements from the last 3 months (all pages). A Cash Flow Statement covering the last 3 months. A report of your “Accounts Payable” (bills you owe) and “Accounts Receivable” (tuition owed to you) for the last 3 months.