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Nurture
Seguridad Financiera y Movilidad Económica para Empresarios de Cuidado Infantil
REVENUE & EXPENSE ESSENTIALS PATHWAY
(3 badges)
Top - Revenue & Expense Plan
1. Am I making a profit?
In this video, you'll learn about the relationship between income and expenses, and reflect on the practices you use to track your personal finances.
2. Identifying Business Expenses
In this is video, you'll learn about different types of child care business expenses and make a list of what you need to start-up your business.
3. Estimating Start-Up Expenses
In this video, you'll figure out what you need to have on Day 1 and what you can invest in once you're collecting revenue. You'll also estimate the costs of your must-have items.
4. Start-Up Budget Builder
Go to the Builder and click Start. Enter your expense estimates, then click Submit. Then, look for your start-up budget in your email inbox and claim your badge!
Start-Up Budget
5. Budgeting Overview
In this video, you'll see how an operating budget and the cycle of planning, monitoring, and adjusting your financial business practices are essential tools for running a profitable business.
6. Ongoing Business Expenses
For this step, you'll need to know how much you spend on utilities, insurance, and rent/mortgage. So, have a copy of your bills or statements handy.
7. Home-Related Business Expenses
In this video, you'll reflect on where and when you'll operate your business, so you can calculate how much of your home-related expenses count as business expenses.
8. Time-Space Percentage Builder
Go to the Builder, click start, and answer the questions about where and when you'll operate your business. Use the tips and links if get stuck. Then, look for your time-space % in your email inbox and claim your badge!
Time- Space Percentage Builder
9. Projecting Child Enrollment
In this video, you'll examine assumptions about the number and ages of children you will enroll in your program and make decisions and plans about your first 12 months in business.
10. Setting Your Rates
In this video, you'll look up the going rates that other child care businesses in your area charge parents and decide how much you will charge for different age groups.
11. Using the Budget Builder
This video will orient you to the three sections of the Builder and explain how to adjust your expense and revenue plans to create a budget that works for you.