Creating Cash Flow Projections for a Childcare Business

Learn how to anticipate and manage your childcare business's cash flow!
About this Event

Date: 3/27/2025

Time: 5:30pm – 7:00pm

Title: Creating Cash Flow Projections – For Childcare Businesses

Presenter: Destiny Watkins

Bio: Destiny Watkins is the Director of Training and Technical Assistance and is a New York Association for the Education of Young Children (NYAEYC) approved Content Specialist Trainer in Business and Finance. She began her career at the Loan Fund as an intern from the College of Saint Rose. Upon the completion of her internship, Watkins was hired to serve as the Training and Technical Assistance Associate. After two years of designing and leading workshops, she was promoted to Community Development Lending Officer. During her time on the Lending Team, Watkins helped dozens of small businesses successfully get financing. She also coordinates the Emerging Investors Network program. In 2022, Watkins was hired to lead the Training and Technical Assistance Program.

Location: Zoom

Cash flow is a critical part of running any organization and is especially important for childcare businesses. Understanding your revenue and expenses can be the difference between your business’s success or failure. Tracking your financials as you operate is great, but are you able to anticipate upcoming expenses and incoming revenue? Does your cash flow adequately reflect the waiting period for State reimbursements that your business may receive? How many children are you able to enroll while operating with your current payroll budget? Can you afford to expand your programs? Creating cash flow projections can help you answer these questions. In this workshop, Destiny will go over how to calculate your cash flow and create projections so you can stay on top of your small business finances.

This session is specifically geared towards individuals working or operating a business in the childcare industry. Entrepreneurs looking to start childcare businesses may also find this information impactful. All information and examples used during this workshop will be geared towards childcare business operations. All participants will receive a cash flow projection spreadsheet template that they can use for their own business planning. Childcare professionals attending this session are eligible to receive 1.5 Professional Development hours.

Location: Zoom

Join Zoom Meeting

https://us02web.zoom.us/j/84340738358?pwd=LmhkHqUjKUbUrZ8mJbfnljeLXT8gbR.1

Meeting ID: 843 4073 8358

Passcode: 274391