Cashflow Worries

In addition to premises costs, you will have to invest in equipment before you open, which will range from toys and books to first aid supplies. There will also be significant ongoing costs, such as staff, energy bills, food and cleaning supplies, as well as fixing and replacing broken equipment.

Be prepared to set aside approximately 75% of your fees for running costs. Monitoring how much money is coming in and going out of your business is crucial, and you’ll need to be firm with customers about your payment policies to ensure you can keep on top of your cashflow. This can get tricky if parents are also your friends.

At the end of the day, your priority is to keep your business afloat.

Finally, be prepared for a slow start – make sure that you can get through the first couple of months without your nursery being full as it can take time to build momentum and, with considerable upfront costs, it may be worth considering raising finance to get your new business off the ground.

Do you need more insight? I’m ready to help!



My Approach

What better way is there to teach than to work directly with the learner. As we all know everyone learns differently, so I decided to offer a more hands on approach for learners, enabling them to see and understand what to do and how to do it!

If as a manager, you require help implementing robust systems into your business or guidance regarding your cashflow, I can work with you to make sure that you have the correct systems in place to enable you to achieve your goal.

If you require help building and inspiring your team, I can share with you tried and tested ways that will give you a team that you have always dreamed of. My approach is to work closely with teams to ensure that they have a clear understanding of your expectations and vision, combined with the knowledge and expertise for teaching and learning in the Early Years if required.

My unique approach has helped to build teams and businesses across the country, and not just in the Early Years sector.

Each business has individual needs. Let the journey to your success begin today.

Contact me to arrange your FREE discovery call.

Don’t Wait Any Longer. Start Forging Your Own Path Today!