Business and management

In an increasingly challenging funding environment, childcare providers need sound financial management and business advice to help ensure their long-term sustainability.

Ongoing legislation and policy developments can have considerable impact on the sector’s ability to meet expectation and demand for their services. 

It is therefore important for providers to keep up to date with ongoing developments such as the proposed changes to free entitlement funding, the recent requirements to check the suitability of staff and volunteers, and changes to staff pay and conditions.

Charitable settings also need to ensure they are running in line with charity law and the rules set down in their governing document. Staying informed is therefore key to maintaining a financially healthy, well-managed childcare provision.