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Financial Management

How to Increase revenue and reduce spare capacity

© ChildForum

 

financial planning and increasing revenue at early childhood education centresMoney is important - new equipment may be needed or need to be repaired, there will be staff wages and requests for pay increases, bills must be paid, and unless as much or more money is coming in than is going out your service could come to be at risk.

This article gives a range of different ideas and strategies that have proven successful for different services.

The strategies will go a long way to maintaining financial sustainability and increasing your service's revenue stream - though which strategies you choose will likely reflect your values.

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