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1) Tracking your income How will you keep track of the tuition parents pay you? Will you accept children in your program whose childcare is
1) Tracking your income How will you keep track of the tuition parents pay you? Will you accept children in your program whose childcare is paid for by state subsidy? If so, how will you keep track of that income? What form of payment will you accept from parents (cash, check, )? If you accept checks, when will you deposit the checks? How will you keep track of which checks were deposited when? 2) Tracking your expenses. How will keep track of your expenses? Will you use a spread sheet? The Calendar Keeper? QuickBooks? Something else? How often will you write down your expenses in your chosen method? How will you track your 100% business expenses separately from your shared expenses? Where will you save your receipts? 3) Tracking the hours your home was used for business. How will you track the hours that you care for children in your home? How will you track the hours you spent working in your home, but not caring for children? What are some examples of things that you would be doing during this time? How will you calculate how many hours your home was used for business over the course of
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