Profitable Preschool Quiz

1

We have a system in place for reliably and consistently collecting payments from parents* This field is required.Stability

Yes

No

2

We have live bank feeds in our accounting software for every bank account, credit card, and online payment system.* This field is required.Stability

Yes

No

3

Financial statements are prepared and reviewed in a timely manner each month* This field is required.Stability

Yes

No

4

Our tax returns and annual reports are submitted promptly and stress free* This field is required.Stability

Yes

No

5

We have an automated system in place to post business expenses into our accounting system without manual entry.* This field is required.Stability

Yes

No

6

We produce a 12 month financial budget at the beginning of each financial year* This field is required.Sustainability

Yes

No

7

We track enrollment capacity by classroom and know exactly what each room should be producing in revenue* This field is required.Sustainability

Yes

No

8

Our team consistently tracks and reports on leads, tours, and enrollments against the goals we have set* This field is required.Sustainability

Yes

No

9

We forecast cash flow in advance and are not caught off guard by slow enrollment seasons or delayed subsidy payments* This field is required.Sustainability

Yes

No

10

Every month we review our financial statements against our budget and identify what changed, why it changed, and what to do about it* This field is required.Sustainability

Yes

No

11

We know which classrooms in our center make money, which ones break-even, and which ones cost more than they bring in* This field is required.Scalability

Yes

No

12

We track the financial and operational numbers that matter most to our center and we review and act on them regularly* This field is required.Scalability

Yes

No

13

We have documented what we want to happen to the center long term, whether that is selling, expanding, or passing it on and we are building toward it intentionally.* This field is required.Scalability

Yes

No

14

The financial professionals supporting our center understand and have experience the childcare industry and not just general business experience* This field is required.Scalability

Yes

No

15

Our financial tools and our center management platform are integrated* This field is required.Scalability

Yes

No

16

Overall Score

17

Stability Score

18

Sustainability Score

19

Scalability Score