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The Annual Operating Budget provides financial information regarding anticipated revenue and anticipated expenses. Anticipated revenue and expenses reflect the expected revenue and expenses for the next year of operations and constitute the working budget for the facility.
A preschool should pull in a net profit of at least 9 to 14 percent of its gross revenue. Look at your total costs, the desired amount of profit, and your community's average tuition rates to find a number you're comfortable with. Consider any additional features you may offer that your competitors don't.
Calculate your Revenue. Start by determining your total monthly revenue. ... Determine Monthly Costs. The next step is to determine your monthly expenses. ... Determine Profit & Loss. If you completed the first two steps this section should be pretty easy. ... Create an Emergency Fund. ... Fill out your Budget.