There’s a lot more to running a childcare business than just looking after children.
Setting up a new childcare centre is a big commitment, both to yourself and to the children you will ultimately be looking after.
There’s a saying in business, “You can go broke making a profit.” And another, “Cash is king. Profit is theory.”
Think back to the days before you started your business, when you were working for a boss. Chances are you were rewarded for your hard work with a regular salary.
For many, the word ‘budget’ is about as appealing as the word ‘diet’. It seems to imply what you will go without, rather than what you will achieve.