As we approach the end of the year, it's crucial for businesses to start planning for the next one. Business planning isn't just about setting goals—it's about creating a roadmap that guides your operations, helps you anticipate challenges, and positions you to seize new opportunities.
A well-crafted business plan ensures that you allocate resources efficiently, stay ahead of market trends, and manage risks effectively. By focusing on clear objectives and measuring progress, you can drive your business toward sustained growth and success in the coming year. Let's dive into why business planning is your key to thriving in 2025!
Enrollment Planning
Understanding Full Time Equivalency (FTE): Learn how to measure enrollment capacity and staffing needs.
Classroom Forecasting: Use forecasting tools to anticipate demand and plan resources.
Explore Classroom Forecasting capabilities
Waiting Lists: Create and manage waiting lists for existing children, or print reports to track enrollment trends.
Making a Waiting List for Existing Children, or print a report of your enrollment or waiting list
Financial Planning
Accounting
Write off bad debt to keep your books clean.
Calculate beginning balances to start the new year with accurate records.
Build a budget that aligns with your goals and supports growth.
Tuition Management:
Adjust tuition rates or apply increases across accounts.
Set up recurring payments to simplify billing and improve cash flow.
Explore More Resources
Blog - How to Build a Daycare Center Budget Forecast
Blog – Four Steps to Add Forecasting to Your Child Care Center's Budget