In this session, facilitated in partnership with Robin Wang from Vibrant Future LLC, we’ll guide you through the essential steps of planning for the capital or “money” you need to grow, understanding the different types of debt your business might face, and how to manage it effectively. We’ll also explore how to balance debt with long-term sustainability in mind, ensuring your business remains financially stable and growing. Plus, you’ll learn how to tap into funding resources from CCIF, NWNC, and other programs to help your child care business access the financial support it needs.
Key Takeaways:
- Planning for Capital – Learn how to plan for the money you need to grow your child care business, including how to apply for loans and grants.
- Different Types of Debt – Understand the common types of debt child care businesses might have and how to manage them.
- Balancing Debt and Sustainability – Discover ways to manage debt while ensuring your business has the financial stability to grow and remain sustainable long term.
- Accessing Funding Resources – Learn about resources available to you from CCIF, NWNC, and other programs that will help your business get financial support.