1. How do I obtain a Registry Certificate for completing this tutorial?
To receive Registry credit upon finishing the tutorial, please complete an evaluation form.
Once we receive your evaluation we will enter your name into the Registry roster. This can take up to 4 weeks from the time you complete the evaluation. Thank you for your patience! We cannot give Registry credit without the completed evaluation form.
To receive Registry credit upon finishing the tutorial, please complete an evaluation form.
Once we receive your evaluation we will enter your name into the Registry roster. This can take up to 4 weeks from the time you complete the evaluation. Thank you for your patience! We cannot give Registry credit without the completed evaluation form.
2. What if I didn't keep any records last year? Where do I start with creating a budget and filling out all these documents?
A. If you have your program's tax statements from last year, those would be a good place to start. If you have any receipts for food, gas, etc. from the past few months or even the past few weeks, these will be a good guide. If you don't have any of this, you will have to make your best guess as to how much each line item will be.
A. If you have your program's tax statements from last year, those would be a good place to start. If you have any receipts for food, gas, etc. from the past few months or even the past few weeks, these will be a good guide. If you don't have any of this, you will have to make your best guess as to how much each line item will be.
3. Where can I get additional financial resources?
A. The Wisconsin Women's Business Initiative Corporation (WWBIC) is an economic development corporation providing quality business education, technical assistance and access to capital for entrepreneurs. Established in 1987, WWBIC consults, educates and mentors owners of small and micro businesses throughout Wisconsin. They concentrate their efforts with women, people of color and those with lower incomes. WWBIC offers free and low cost training, help to write a business plan and a profit and loss template on their website.https://wwbic.com/tools-resources
A. Children's First Financial offers resources to build a stronger child care business. They have many templates for child care providers on their website: http://www.firstchildrensfinance.org/businessresourcecenter/family-2/
A. The Wisconsin Women's Business Initiative Corporation (WWBIC) is an economic development corporation providing quality business education, technical assistance and access to capital for entrepreneurs. Established in 1987, WWBIC consults, educates and mentors owners of small and micro businesses throughout Wisconsin. They concentrate their efforts with women, people of color and those with lower incomes. WWBIC offers free and low cost training, help to write a business plan and a profit and loss template on their website.https://wwbic.com/tools-resources
A. Children's First Financial offers resources to build a stronger child care business. They have many templates for child care providers on their website: http://www.firstchildrensfinance.org/businessresourcecenter/family-2/
4. Where can I get more information on recording keeping for my family child care business?
A. Tom Copeland's book, Family Child Care Recordkeeping Guide, available from Redleaf Press
A. Tom Copeland's book, Family Child Care Recordkeeping Guide, available from Redleaf Press
5. Where can I get additional books by Tom Copeland?
A. Tom's website: http://www.tomcopelandblog.com/toms-books-.html or
http://www.tomcopeland.net/index.php?page=publications
A. Tom's website: http://www.tomcopelandblog.com/toms-books-.html or
http://www.tomcopeland.net/index.php?page=publications
6. Where can I connect with other providers in Wisconsin to gain additional support for managing my program?
A. Wisconsin Early Childhood Association (WECA), website: http://wisconsinearlychildhood.org/
A. The Wisconsin Family Child Care Association (WFCCA), website: http://www.wisconsinfamilychildcare.org/
A. Wisconsin Early Childhood Association (WECA), website: http://wisconsinearlychildhood.org/
A. The Wisconsin Family Child Care Association (WFCCA), website: http://www.wisconsinfamilychildcare.org/
7. Is anyone looking to verify if my budget is accurate?
A. Technical Consultants and Formal Raters are not judging the amounts in the categories. If programs have identified working on budgets as an
area of concern, Technical Consultants may ask clarifying questions to help identify any issues arising from the budgeting process, but it is up to programs to decide what line items are included in the budget and what amounts are assigned to each line item.
Programs are encouraged to revisit their budget comparison information regularly to learn from them and create a more accurate
picture of the program’s financial well‐being.
8. Everything in this tutorial is in a computer. Do I have to have my budget information on a computer?
A. No. Providers are not required to use a computer or computer software to track their budgets. Worksheets are offered to create budgets and track actual income/expenses, as a guide. Though many providers find it useful to use computers, paper and pencil is just fine.
A. No. Providers are not required to use a computer or computer software to track their budgets. Worksheets are offered to create budgets and track actual income/expenses, as a guide. Though many providers find it useful to use computers, paper and pencil is just fine.
9. Is there a resource I can use to evaluate my business practices?
A. Yes, the Business Administration Scale available at many bookstores and online.
A. Yes, the Business Administration Scale available at many bookstores and online.
10. Are there any courses I can take to help me learn more about financial practices?
A. Yes, the third course in the Administrator Credential is about Financial Management and Planning in Early Childhood Programs. The Administrator Credential is offered at a many technical colleges and universities. Consult WECA for more information at http://wisconsinearlychildhood.org/programs/youngstar/PDcounseling/
A..The McCormick Center for Early Childhood Leadership in Chicago offers a "Family Child Care Institute" Check out their website for more information: http://cecl.nl.edu/training/institutes.htm
A. Yes, the third course in the Administrator Credential is about Financial Management and Planning in Early Childhood Programs. The Administrator Credential is offered at a many technical colleges and universities. Consult WECA for more information at http://wisconsinearlychildhood.org/programs/youngstar/PDcounseling/
A..The McCormick Center for Early Childhood Leadership in Chicago offers a "Family Child Care Institute" Check out their website for more information: http://cecl.nl.edu/training/institutes.htm
11. Where can I find more information about TEACH, the scholarship that helps pay for courses?
A. http://wisconsinearlychildhood.org/programs/teach/
A. http://wisconsinearlychildhood.org/programs/teach/
12. Where can I find more information about YoungStar?
A. http://dcf.wisconsin.gov/youngstar/providers.htm
A. http://dcf.wisconsin.gov/youngstar/providers.htm
13. If I have questions regarding preparation for YoungStar visits, who do I contact?
A. You can contact your local Regional Office, which can be located by visiting http://dcf.wisconsin.gov/youngstar/map/default.htm
or http://dcf.wisconsin.gov/youngstar/map/pdf/regional_contact_printable_map.pdf
A. You can contact your local Regional Office, which can be located by visiting http://dcf.wisconsin.gov/youngstar/map/default.htm
or http://dcf.wisconsin.gov/youngstar/map/pdf/regional_contact_printable_map.pdf
14. Where can I find more information out about my Time-Space percentage for taxes?
A. http://www.tomcopelandblog.com/the-time-space-.html%20
http://www.tomcopelandblog.com/exclusive-use-rooms-and-the-time-space-percentage.html
http://www.tomcopelandblog.com/2011/02/the-exclusive-use-rule.html
A. http://www.tomcopelandblog.com/the-time-space-.html%20
http://www.tomcopelandblog.com/exclusive-use-rooms-and-the-time-space-percentage.html
http://www.tomcopelandblog.com/2011/02/the-exclusive-use-rule.html
15. Where can I find a tax preparer who understands the business of family child care?
A. You can search from a directory on the WFCCA website by typing in your city: http://www.nafcc.org/index.php?option=com_content&view=article&id=499&Itemid=286
A. You can search from a directory on the WFCCA website by typing in your city: http://www.nafcc.org/index.php?option=com_content&view=article&id=499&Itemid=286