MI Professional Development

Opportunities

Available Now!

NOTE: This email has been re-sent to correct the "Planning for the Future: Accounting and Financial Statements for Home-Based Child Care" training date. The training will be held March 20, not March 2 as noted in the original email. We apologize for any confusion.

Greetings Child Care Leaders,

First Children's Finance has great business planning and professional development opportunities available from March-June. These training session and Business Leadership Cohorts can help provide you with the tools and knowledge to make your business more successful!

The following training courses are free for all Michigan-based providers.

March 20, 6:30-8:30 pm | Planning for the Future: Accounting and Financial Statements for Home-Based Child Care

Learn basic accounting terms and review commonly used financial statements. Break down sections of an income and expense statement, a cash flow statement, and a balance sheet. Analyze a case study to determine financial health of a child care business. Identify strategies of how to use financial statements to inform business decisions.

2 MIRegistry training hours; Event ID: 164702

April 1, 12:30-2:30 pm | Precision Pricing for Your Child Care Center

Explore the current state of child care and the factors that contribute to child care business challenges. Complete a SOAR analysis. Understand the process for pricing your business services. Identify strategies to increase your business acumen.

2 MiRegistry training hours; Event ID: 164701

May 6, 6:30-8:30 pm | Planning for the Future: Annual Budget and Cash Flow for Home-Based Providers

Learn basic budgeting concepts. Explore income and expense sections of a budget. Discuss the purpose of budgeting and the different types of budgets. Understand the purpose of projecting cash flow. Break down the sections of a cash flow statement. Analyze a child care business case study to identify strategies to manage cash flow. Identify strategies to manage cash flow using First Children’s Finance business management resources.

2 MIRegistry training hours; Event ID: 164703

June 24, 6-9 pm | Quality Staffing for Your Child Care Center

Learn the three phases of employee recruitment, hiring and retention. Analyze current hiring and employee retention processes. Identify strategies to recruit qualified teachers. Review best practices for hiring new employees. Understand the importance of a holistic employee orientation process. Develop strategies to increase staff leadership development.

3 MIRegistry training hours; Event ID: 164705

The following training courses are free for all Detroit-based child care providers.

Funding for these training courses provided by the JPMorgan Chase Foundation.

March 6, 6-9 pm | Planning for the Future: Accounting and Financial Statements: Detroit-Based Centers

3 MIRegistry training hours; Event ID: 164667

March 18, 6-9 pm | Planning for the Future: Annual Budget and Cash Flow: Detroit-Based Centers

Learn basic budgeting concepts. Explore income and expense sections of a budget. Discuss purpose of budgeting and the different types of budgets. Understand the purpose of projecting cash flow. Break down the sections of a cash flow statement. Analyze a child care business case study to identify strategies to manage cash flow. Identify strategies to manage cash flow using First Children’s Finance business management resources.

3 MIRegistry training hours; Event ID: 164706

May 20, 12:30-2:30 pm | Policies and Practices for Child Care Business Management: Detroit-Based Centers

Develop the basic skills of starting and running a successful child care business. Learn the skills needed to refine your child care business idea, manage finances, develop a budget, create a marketing plan, and identify business policies that contribute to sustainability and growth of the child care business. Explore the basic business concepts through a hands-on approach using case studies, individual exercises, group exercises, and classroom discussions.

2 MIRegistry training hours; Event ID: 164709

June 10, 6:30-8:30 pm | Separating Your Family Child Care Finances from Your Personal Finances: Detroit-Based Family CC and Group Homes

2 MIRegistry training hours; Event ID: 162259

Business Leadership Cohorts for Detroit-based Providers

The Business Leadership Cohort program from First Children’s Finance provides center directors and other program leaders with the opportunity to learn about the basics of business related to their child care program. The program includes four group cohort sessions and two individual consultation meetings. Providers must attend ALL training sessions and both Relationship Based Professional Development (RBPD) individual consultations to receive the Business Leadership Credential and the Business Leadership training hours and RBPD hours.