Table of Contents
- 5 Steps to Create a Day Care Budget
- 10+ Day Care Budget Templates
- 1. Basic Day Care Annual Operating Budget
- 2. Day Care Income and Expense Worksheet
- 3. Child Care Centre Annual Operating Budget
- 4. Sample Day Care Budget
- 5. Day Care Income and Expense Worksheet
- 6. Day Care Revenue and Expenses Template
- 7. Sample Day Care Income & Expense Sheet
- 8. Simple Budget for Child Care
- 9. Child Care Start-Up Budget Template
- 10. Cash Flow Projections for a Child Care Center
- 11. Home Day Care Revenue and Expense Worksheet
10+ Day Care Budget Templates
Starting and managing a day care business may seem easy and simple at first sight, but it does involve acquiring quite a few legal permits and following a strict set of rules. You will also need to appoint capable and reliable staff to handle the routine work. Preparing a day care budget template can give you an approximate idea about the state of your business.
5 Steps to Create a Day Care Budget
Step 1: Include Start-Up Costs and One Time Purchase Expenditure
Like any other business, you will have to invest initially in acquiring your business licence, renting or leasing out of office space, advertising, purchasing of equipment like computers, lighting, carpets, furniture, telephones, getting internet connectivity etc.
Step 2: Allot Funds for Child Development Material
Since children spend several hours at a day care centre, they should have adequate material to keep them busy. A day care centre budget should allot funds for the purchase of books, toys, games, music and other entertainment material for children. Also, allot a certain amount for the maintenance of this equipment.
Step 3: Make Provisions for Salaries of Staff
You need to set aside a certain amount for regular expenses like salaries of the staff and workers, payment of bills, foodstuff and other petty expenses. These expenses will have to be handled on a monthly basis and hence the budget should be adjusted to accommodate them.
Step 4: Reserve Funds for Safety Equipment and Emergencies
It is important to keep some reserves to manage emergencies like an injury or accident which may take place with children around. The budget should also include the purchase of safety equipment like fire extinguishers and first aid kits in order to manage emergencies effectively.
Step 5: Budget for Improvement
If you have plans for improvement and growth, you are moving in the right direction. Planning an expansion for your garden or purchasing an additional vehicle for transport is a wise decision to make. Handle you budget cleverly so that you can reserve money for future expansion and further growth of your business.
10+ Day Care Budget Templates
1. Basic Day Care Annual Operating Budget
If you have just started a day care centre and wish to keep a check on the available resources while controlling and managing expenditure, this day care budget template in word is just the one for you. It consists of a weekly, monthly and yearly budget as well as regular operating expenses.
2. Day Care Income and Expense Worksheet
This is a professionally designed budget template in google docs which gives detailed information about the income expenditure, costs of purchases and improvements made during the year. The entire budget is spread out over two pages and organized in a tabular format which is easy to analyse. You can easily make use of this simple template by altering relevant information.
3. Child Care Centre Annual Operating Budget
Save time and effort by using this well designed, flexible and versatile budget outline template to organize your revenue and expenditure. It is a blank template with appropriate headings and budget items. It also gives you a separate column to enter your projected expenditure and revenue, so that you can easily compare your actual budget with the estimate prepared earlier.
4. Sample Day Care Budget
This template gives you a simple but effective day care budget which covers all details regarding the revenue, operating expenses and expenditure for the complete year. The sample daycare budget template in excel can be used as a perfect reference document. Make use of the framework while making your own day care budget.
5. Day Care Income and Expense Worksheet
This is a simple but extensive template showing income and expenditure under various headings for a child care business which may be operated from home. All necessary details however will need to be presented in a proper way in case of an audit. The daycare budget template in pages is a useful one which can make your work much more easier than you might have thought.
6. Day Care Revenue and Expenses Template
This is an extensive and detailed day care receipt template which gives complete details about the operating expenses, facility expenses, vehicle expenditure details, time space calculation and amount received from clients. You can download and easily customize this sample template to suit your business.
7. Sample Day Care Income & Expense Sheet
This sample budget template is concise but complete and well written template which includes all the elements of a regular day care budget including advertisement expenses and taxes, operating expenses, vehicle expenses etc. Fees, funds and donations from parents and well wishers are stated as the main sources of gross income.
8. Simple Budget for Child Care
Are you feeling bogged down with the idea of making a budget for your day care business? This budget template in PDF can make it an easy and simple task with it’s simple format and specific details. You can just replace the heading, modify the table contents and relevant details according to your business activity.
9. Child Care Start-Up Budget Template
If you have planned to start your own day care centre, you will need to work according to a planned budget which will guide you whenever you are inclined to overspend. This baby budget template in psd is designed to help you to implement your plans carefully during the initial stages of the business.
10. Cash Flow Projections for a Child Care Center
This basic template is unique in the sense that it not only provides you with a detailed child care budget but also gives you instructions on how to maintain a regular cash flow during the first stage of the business. The budget template in google sheet can be used after minor modifications and edits according to your specific requirements.
11. Home Day Care Revenue and Expense Worksheet
If you want to run a day care business in the comfort of your home, use this pre-designed budget template to help you understand how to make a formal start and organize your expenses. The budget layout template has an attractive layout and lists all the relevant budget items under three different heads. You will just need to edit the title and some minor details to get started.