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Profiles

Strengthening Business Practices Module 1 for Center-Based Programs: Budgets, Projections, & Planning


Event Description

The Strengthening Business Practices for Child Care Programs training series addresses basic concepts in fiscal and operational management of child care center-based programs. In this session, participants will understand the importance of fiscal planning to the sustainability of business operations by developing a budget, projecting costs and revenue, and planning for future goals. Through discussion and activities, participants will strengthen their knowledge of fiscal terms, concepts, and practices to reinforce awareness that sound fiscal management is foundational to strong business practices, which ultimately improve outcomes for children.


Sessions / Training Location Info


Session Being Hosted At:
Virtual Training - Virtual Training Cincinnati 45212 Hamilton (directions)

Instructor(s)

Leslie Johnson

Event Information

Contact Hours 3.00
Training approved for OA-L2
Registration deadline May 16, 2021
Number of open seats 23
Event Contact Bridget Jackson
Contact Email registrar@4cforchildren.org
Contact Phone (513) 758-1301

Topic Areas

Target Audience Program Administrator
Age Groups related to content Infants,Toddlers,Preschoolers,Schoolagers
Core Knowledge Area Professional Development
Child Development Associate Area To ensure a well-run, purposeful program responsive to participant needs
Early Learning and Development Standards N/A
Assessment Type None

Objectives

Objective:

Participants will be able to describe the process of developing a child care center budget. 

 
Core Knowledge Document: Ohio's CKC for Program Administrators
 
Area: Business and Operations Management
 
Subgroup: Business Practices
 
Competency: 1.1 Demonstrates knowledge of budgeting, financial systems, and accounting practices by establishing and managing a program budget that effectively supports day to day operations.
Objective:

Participants will be able to identify and review revenue and expenses for their child care center. 

 
Core Knowledge Document: Ohio's CKC for Program Administrators
 
Area: Business and Operations Management
 
Subgroup: Business Practices
 
Competency: 2.2 Ensures and monitors consistent implementation of accounting and financial systems and utilizes financial statements on a regular basis to monitor fiscal status, procuring the services of external financial experts (e.g., auditor, Certified Public Accountant) as appropriate.
Objective:

Participants will be able to discuss how to use budgeting data to make short and long-term adjustments to meet their program's goals. 

 
Core Knowledge Document: Ohio's CKC for Program Administrators
 
Area: Business and Operations Management
 
Subgroup: Business Practices
 
Competency: 2.1 Ensures that financial practices systematically and consistently support the program goals and vision.

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