![]() If you haven’t opened your center yet, see our post on the pros & cons of opening a preschool to help make sure it’s the right decision for you. As long as you carefully think things through and list everything out line-by-line, you’ll be able to create a budget that works for you. Whether you’re an accounting wiz or your eyes glaze over when looking at numbers, don’t worry - budgeting can be done by anyone. How much will you need to charge in order to cover all of your expenses?.How many children will you need to enroll to sustain your business?.Which items are essential to running your business and which are nice to have?. ![]() Thorough budget planning will help make it easier to make important decisions, including: When you factor in everything you need to spend money on - from crayons and dish soap to salaries and rent - costs will begin to add up quickly. Getting into the details, however, this process begins to get a little tricky. Your goal is to bring in more money than you spend so that your business can continue to run. At its most basic level, a budget keeps track of the money your center brings in and the money it spends.
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