How to Stay Profitable in Your Childcare Business — No Matter the Economy
Hey you guys! This is your coach, Dr. Andrea Dickerson — founder of iOwnADaycare.com, where we connect childcare business owners with proven management solutions.
Today, I want to talk to my fellow childcare business owners about a topic that’s more important than ever: how to stay profitable in any economy.
If you’re ready to take charge of your business’s profitability, keep reading, give this post a like, and let’s dive in!
✨ Imagine This…
What if you could:
Improve your hiring practices?
Improve the behavior of the children in your classrooms?
Increase staff satisfaction — just by improving your daily operations?
Join me for two powerful days where we’ll cover how to:
✅ Improve your operations ✅ Upgrade your classroom management ✅ Optimize hiring practices ✅ Boost staff morale ✅ And yes — improve the behavior of your children
🎟️ Tickets are available now! Go grab your virtual pass and let’s change the game — together.
💡 How to Stay Profitable in Any Economy
Right now, many of us are receiving emails from state and federal agencies talking about budget cuts, program reductions, and policy shifts.
But here’s the truth: You can remain profitable — no matter what’s happening around you.
Let me show you how with 3 practical, powerful strategies:
🔹 Tip #1: Track Your Enrollment
You must have an enrollment tracking system in place.
When you track enrollment consistently, you’ll begin to notice seasonal ebbs and flows — and you’ll know exactly when to:
~ Launch a marketing plan
~ Activate your waitlist
~ Shift your focus based on real data
Tracking helps you define your current season and respond strategically — not emotionally.
Ask yourself:
~ What’s happening in my company right now?
~ What’s going on behind the scenes?
When you start tracking, you’ll start understanding — and that clarity leads to profitability.
🔹 Tip #2: Get Out and Market
Do not stay stuck in your office. Do not keep doing the same thing, expecting different results.
It’s time to get out there:
>> Network with new people
>> Hand out business cards and QR codes
>> Distribute flyers
>> Set up vendor booths
>> Talk to your community
>> Promote your brand every single week
Even if the response isn’t immediate, every action creates a reaction. Keep showing up. Keep getting visible. Keep building your enrollment.
If there’s room for increase, it’s your job to fill it.
🔹 Tip #3: Track Your Finances
This one might sting a little — but it’s crucial.
You need to start tracking:
>> Your invoices
>> Your spending (output)
>> Your income (input)
Even if you’re not a “numbers person,” you can’t ignore this part of the business.
Here’s what I do:
📂 I keep folders for receipts and invoices 📑 I document electronic payments 💳 I review my bank statements 📊 I break down my income streams, set goals, and track progress
If you’re not using any financial system, it’s likely affecting your vision, your clarity, and your goals.
Remember: Money is your foundation. Start treating it that way.
My Final Thoughts: Your CEO Financial Game Plan
Here are the 3 financial principles you need to stay profitable:
Track what’s happening — so you know where you stand
Take consistent action — so you move forward
Be a good steward — over every dollar, student, and opportunity
Stay faithful, stay focused, and remember:
If you manage the childcare business that you love, you’ll love the childcare business that you manage.
💼 A Note for Multi-Center Owners:
If you own multiple centers, it’s easy to delegate financial tasks to your team or external experts.
But every 30 days, make it your job to:
Review your records
Look over your receipts
Understand your spending
No matter how amazing your team is, you are still the CEO — and you need to know how money is flowing in and out of your business.
🎯 Let’s Change the Game Together
Ready to take things to the next level?
➡️ Head over to JumpStartMyChildcareSuccess.com 🎟️ Grab your virtual ticket 📅 And let’s spend two transformational days improving your business from the inside out!
