Empty spaces are wasted capacity. Occupancy rate drives profit.
Childcare is labour-heavy (staff costs 60-80% of revenue) and capacity-constrained (limited spaces). You'll learn occupancy rate (how full are you?), funded hours accounting (government funding doesn't cover full costs), and labour cost percentage (are you staffed efficiently for your occupancy?). You'll understand that most childcare loses money below 70% occupancy and becomes highly profitable above 90% occupancy.
Part of this AskBiz Academy learning path.
AskBiz Academy
Part of this AskBiz Academy learning path.
AskBiz Academy
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Follow this learning path to master childcare & early years: occupancy is king.
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