Looking After Your Center’s Financial Health

08/20/2007

Looking After Your Center’s Financial Health

So what do I mean by the phrase, ‘heart-centered teaching inspired by nature?’ I’m talking about a way of supporting children that comes from a place of love for each other and a place of awe and appreciation for the wonders of the world around us.
Nancy Rosenow, from the book, Heart-Centered Teaching Inspired by Nature

In an article, “Five Fundamentals of Financial Health,” in the popular Exchange book: Managing Money: A Center Director’s Guidebook, Mary Brower and Theresa Sull elaborate on these five fundamentals for the foundation of the financial health of your child care program…

Enrollment of program is at capacity, with a waiting list in place.
Tuition is based on the full cost of care.
Family fees are paid on time.
Program’s bills and taxes are being paid on time.
A cash reserve can cover operating expenses for three months.

Save 33% on the Center Manager's Tool Kit

Exchange has packaged six of its practical management resources into a single “Manager’s Tool Kit” and is offering the entire set at a 33% discount — separately these resources would cost $166, but we are offering the entire Tool Kit for only $112. Resources in the kit include…

The Art of Leadership: Managing Early Childhood Organizations
Managing Money: A Center Director’s Guidebook
Stick Your Neck Out — A Street-Smart Guide to Creating Change in Your Community and Beyond
250 Management Success Stories from Child Care Directors
Exchange Article CD Collection #7: Marketing
Exchange Article CD Collection #9: Taking Stock — Evaluation Tools for Program, Teacher, and Director

New PlayDesigns Fun Centers by Playword Systems®. Keeping little bodies and minds going a gazillion miles an hour.

For more information about Exchange's magazine, books, and other products pertaining to ECE, go to www.ccie.com.