Staying on top of keeping your business records in order can save hours in the long run, but can be challenging.  Listen as some FCC providers share their tips and tricks for keeping their business records organized.

Indiana providers, keep up with the latest news from SPARK Learning Lab by subscribing to SPARK Connect, a weekly newsletter!

Subscribe here:

Spark Connect 


New brief from our friends at All Our Kin, exploring how staffed family child care networks are a promising path towards a stronger, more sustainable future for children, families, & the economy.

Staffed Family Child Care Networks: A Path Towards a Stronger, More Sustainable Child Care System,




In our new Learn, Share, and Grow Series:Budgets and Policies for FCC

Laverne Head explains an essential part of any small business is the budget. In order to better get an understanding of tuition and fees, cost of operation, as well as profitability and sustainability, a budget is a must.


To get started on your own monthly budget, first choose either the Excel template to work digitally or the PDF template for a printable copy. The Excel version has been formatted to include formulas, thus all you do is input the number for each sheet, and it will calculate for you.

Excel Monthly budget

Monthly budget worksheet PDF


Next, calculate gross income. This is the money that comes into the business. You can figure this by listing the children in your program, the cost per day of tuition, and multiplying this by the number of days in the amount they attend the program. After tuition, add other income such as grants or food assistance.

Second, calculate your expenses. This is all the cost associated with running your program. We have listed a few options within the templates but add anything you have purchased in that set month. Please make sure to include your salary here.

Lastly, calculate the net income. This is the amount that your business made in a month, and we drive this by subtracting expenses from gross income. From this you can see if you are profitable or if you need to reduce expenses or raise tuition to have a sustainable business.


Understanding your rights and your employees right can be challenging with constant changes and new developments.  Family Value Works created this comprehensive chart organizing the different laws protecting workers during this crisis

With the uncertainties that the Covid-19 pandemic brings, family childcare providers are facing many challenges; one of the biggest challenges is the livelihood of their business, especially as for many providers, this is their only form of income. Tom Copeland is a consultant and advocates for the business of family childcare who is providing legal advice to help answer questions and offer insight for providers to survive this pandemic fiscally.

An Update on the Financial Impact of the COVID-19 on Family Child Care Providers


Prerecorded webinar on “Dealing with the Financial Side of the Coronavirus.” Addressing many issues including: insurance, unemployment, sick days, changing contracts, federal and state responses to the virus, and the steps you can take to help you minimize the loss of income on your 2020 tax return.

To listen click Here

To help in understanding the SBA loans, state loans, and the application process, NAEYC hosted a webinar with experts from the banking, business, and child care fields, the webinar is available in both English and Spanish.

 Paying Yourself, Your Staff, and Your Bills: Helping Child Care Programs Understand and Navigate SBA Loan Options, April 9, 2020

Paying Yourself, Your Staff, and Your Bills

For more information on eligibility and next steps, see the information sheet for borrowers:–Fact-Sheet.pdf  


For more information on funding options, see the SDA’s Coronavirus (COVID-19): Small Business Guidance & Loan Resources:



Join our partners Indiana Spark Learning Lab on April 9th from 6:30-8:30 pm EST for their first Virtual Learning Forum on the subject of “Support During COVID-19”!


To register, login or create an account at I-Lead, search “SPARK Virtual Learning Forum”, and click the blue register button.

Para ayudar a comprender los préstamos de la SBA, los préstamos estatales y el proceso de solicitud, NAEYC organizó un seminario web con expertos de los campos de la banca, los negocios y el cuidado de niños, el seminario web está disponible tanto en inglés como en español.

Cómo pagarse a sí mismo, a su personal y sus deudas— Entendamos las opciones de préstamos SBA para programas de cuidado infantil, April 10, 2020

Paying Yourself, Your Staff, and Your Bills

Para más información sobre la elegibilidad y los próximos pasos, vea la página de información para solicitantes:–Fact-Sheet.pdf  


Para más información sobre las opciones de financiación, vea el Coronavirus de la SDA (COVID-19): Recursos de Orientación y Préstamo para Pequeños Negocios:


Paths to Quality is Indiana’s Quality Rating and Improvement System (QRIS). If you have a licensed family child care home you are already a Level 1 provider in the Paths to Quality system. To see the standards for the four Paths to Quality levels click here.

The Paths to Quality system includes incentives for programs and professionals moving through the levels and includes participating programs in the statewide referral system for families searching for programs.

To find out more about Paths to Quality or to enroll, visit the child care Indiana website.