The Business of Child Care Management and Financial Strategies

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  • Edition: 1st
  • Format: Paperback
  • Copyright: 2004-08-27
  • Publisher: Cengage Learning

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Child care administrators will greatly value the business skills detailed in The Business of Child Care: Managment and Financial Strategies. With particular focus on managing enrollment, recruiting and retaining staff, budgeting, financial record keeping, and decision making, this book details the critical business elements needed to run a child care center as a financially stable enterprise. The reader will learn how to successfully complete business tasks more quickly and accurately, with greater understanding and more enjoyment, by focusing on the most important tasks of an administrator. The accompanying CD-ROM offers easy-to-follow financial spreadsheets that can be implemented in any child care setting.

Table of Contents

Dedicationp. iv
Prefacep. v
Acknowledgmentsp. vi
The Child Care Administrator: Who You Are, How You Managep. 1
Management Stylesp. 1
Working with Staff and Why We Should Care about Our Staffp. 5
Working with Parents and Why We Should Care about Our Parentsp. 8
Working with Management and Why We Should Care about Our Managersp. 10
Referencesp. 12
Enrollment, Staffing, and Tuition Feesp. 13
The Importance of Enrollmentp. 13
Determining Your Capacityp. 14
Maintaining High Enrollmentp. 16
Determining Your Fee Structurep. 18
Putting It All Together and Keeping It Therep. 30
Referencesp. 30
Helpfull Web Sitesp. 31
Staffing: A Guide to Recruitment and Retentionp. 32
Making Your Program a Good Place to Workp. 32
Determining What You Need, What You Want, and What You Can Affordp. 32
Finding Qualified Staffp. 37
Hiringp. 39
Personnel Policies and Proceduresp. 42
Their Good Things for Staffp. 47
Referencesp. 49
Helpful Web Sitesp. 49
The Budgetp. 50
The Basic Budgetp. 50
Expense Componentsp. 52
Revenue Componentsp. 62
What Next?p. 71
The Budget as a Planning Toolp. 72
Using Your Budgetp. 72
Estimating Monthly Budget Amountsp. 72
Tracking Revenue and Expenses Month to Monthp. 79
Understanding Variances and Problem Solvingp. 83
Thoughts on Cost Savingsp. 100
Financial Record Keepingp. 101
The Reasons Why We Want to Keep Good Financial Recordsp. 101
Accrual versus Cash Basis of Accountingp. 102
What Documents to Keepp. 103
How to Keep Your Financial Recordsp. 111
Fiscal Year-Endp. 118
Financial Record Keeping 101p. 118
Referencep. 119
The Decision-Making Processp. 120
Who Is Making the Decisions?p. 120
What Is Inclusive Decision Making?p. 122
What Inclusive Decision Making Looks Like: Four Examplesp. 123
Teaching Yourself to Let Gop. 127
Referencep. 127
Employee Performance Review Formsp. 128
Staff Pre-Conference Questionnairep. 128
Goals Planningp. 129
Staff Action Planp. 130
Spreadsheet Terminologyp. 131
Useful Web Sitesp. 134
Glossaryp. 135
Indexp. 136
Table of Contents provided by Rittenhouse. All Rights Reserved.

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