You have likely heard the phrase “cost per child.” But, do you actually know what it is and why it is important?
What's in the guide?
Inspired by Louis Stoney’s “Iron Triangle of Child Care Finances,” we break down exactly how to calculate your cost per child. Then, we explain why the cost per child is important, and how it influences your budget planning and financial projections to ensure you have a profitable ECE program.
What will I learn?
We lay out the three things you need to calculate your cost per child. Then, there are 4 clear steps on what to do with the calculated cost per child in order to make accurate budget plans to run a successful, profitable ECE program.
Who is Famly?
Famly is an early childhood platform. Whether you’re sharing invoices, photos, payments, observations, reports, activities or just sharing knowledge, Famly helps the grown-ups in a child’s life work together.