Welcome to the Introduction to Module 6!
You probably didn't choose to become a family child care provider and care for children because you love to keep records, do billing, pay taxes or worry about insurance. Most family child care providers are often more concerned with nurturing children than thinking about business policies, but as a family child care provider, you are the owner and operator of a small business.
In this module we will cover business policies and practices that providers need to follow in order to run a successful family child care business.
In this module you will learn ...
In this module you will ...
Terms from the Field
Below are words and definitions that you may need when you work as a Family Child Care Provider. You will learn more about these words later in the module.
When you see the speaker after each of the definitions you can hear the pronunciation of the term and what it means.
Attendance Records - A form that a provider fills in to keep track of the children that attend your program every day.
Food Programs - A federal system for paying caretakers for the meals and snacks that you serve to the children in your program.
Financial Records - the paperwork that you need to keep in order to run your business and pay taxes. All family child care providers need to keep financial records of income and expenses.
Income - income includes all fees received from parents as well as government subsidies.
Expenses - The moneys that you need to spend to run your business. These can include food, household daycare supplies such as soap, toilet paper and tissues. These can also include toys and play supplies.
If you find other words that you don't understand, you can do two things :