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Business Financial Tools

Better Business Practices

Careful planning and strong financial management practices are essential to building a financially stable business. 

Childcare Tennessee has resources, templates, tools, guides and policies to help you start a child care business or to help you refine the financial practices of your current business.  These resources can help you in the following areas:

  • Establishing an initial budget
  • Refining my budget each year
  • Establishing a plan to collect all tuition on time
  • Creating marketing surveys and marketing plans
  • Determining the actual cost per child and establishing tuition rates
  • Creating and preparing financial reports
  • Establishing good accounting/bookkeeping systems
  • Establishing financial controls
  • Building and maintaining business credit

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