• Prepare the income and expenditure projections for the coming year. Budgeting and Financial Planning

  • Know where the various streams of income will come from and how they will be allocated.

  • Direct Funding

    • Fees

      • Set these at a realistic rate based on the quality of service, location and competitors.

      • Invoice regularly.

      • Have good credit control.

    • Nursery Education Grant

      • Complete and submit paperwork by due date.

      • Funding for 2-year-olds may be available for some children

  • Discretionary Funding

    • Graduate Leader Fund

      • Decide whether to employ a graduate or develop someone from within the provision.

      • Seek advice from your Local Authority as they are the conduit for the funding.

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