Family Child Care Foundations 07.16.22

This cohort is structured to guide you on how to start a Family Child Care Home Business, learn a more in depth process on how to have a successful business, access resources and build a network of support for one another. These sessions will be offered virtually through zoom. You will receive session information once you register. These sessions will be offered once a week on Saturdays.

BUSINESS FINANCES

Part 1

Could you accurately estimate the costs of your business? Learn to do just that and more.

Create a working budget for your business. Gain a better understanding of financial models that show the enrollment levels you need to break even, and when you will begin to earn a profit.

Set prices that are fair and profitable and walk away with better understanding of your finances so you can
make better business decisions.

PREPARE FOR BUSINESS TAXES

Part 2

Don’t be caught off guard-identify and set up your best method for record keeping.

Learn what costs you can deduct from your business income and how to calculate time/space usage.

Explore special topics such as food costs and choose the best method of tracking for you.