Skip Navigation
Share this page Add this page to Digg Save this page on del.icio.us Share this page on Facebook email this page print this page Was this page useful?   Yes | No

Business support case study 2 - Inner city Children's Centre

Since spring 2010 Daycare Trust has been working with an inner city local authority to review the business and financial management of selected Children’s Centres. Daycare Trust has been providing support to identified Children’s Centres to improve the long-term sustainability and viability of the childcare provision. This support has been provided in three stages.

Stage 1

In the first instance a full business health check was undertaken on all identified Children’s Centres, including:

  • an analysis of the issues effecting sustainability e.g. funding streams, occupancy levels, fee structures, opening hours and commissioning;
  • issues impacting on governance/management e.g. governance, business practices, marketing and legislation; and 
  • issues impacting on user groups e.g. flexibility of offer to parents, opportunities for commissioning external organisations and use of centre’s ‘community’ spaces.

Stage 2

A financial workshop developed based on the gaps in skills and areas of support that were highlighted as a result of the business health checks. The workshop covered areas such as business planning for sustainability, budgetary management and risk analysis, fundraising strategies, reducing staff costs, setting and collecting fees/charges, maximising occupancy and commissioning.

Stage 3

To support the long term sustainability of the childcare provision a third and final stage of this project involved one-to-one support to develop working business plans. Each of these plans will be developed with the Children’s Centre managers and key staff to ensure ownership of the document, its progress and implementation.

By starting with a comprehensive assessment of the current position of the Children’s Centres, Daycare Trust were able to offer tailored support in the short term to help them to address key issues affecting their stability and sustainability and provide systems and tools to enable the Centres to continue this work themselves in the future.

For further information on how Daycare Trust can support you and your providers in becoming more financially sustainable please contact Esther Burridge at eburridge@daycaretrust.org.uk or on 020 7940 7514.

 

Next case study

News

Daycare Trust is 25 years old!

Join with us to celebrate our anniversary year.

New childcare petition

Make sure London's next mayor cares about childcare.

Daycare Trust releases new quality research

The research compares different quality measures for early years provision.

The Cost of Raising Britain

Find out about Daycare Trust's appearance on BBC's Panorama programme.

Annual Childcare costs survey 2012

Results of Daycare Trust’s Annual Childcare costs survey are released today.

New campaign for children’s centres - Save Our Sure Start!

Daycare Trust is launching a new campaign to support parents to save their Sure Start Children’s Centres from local authority budget cuts.

Online card shop

Daycare Trust has just launched an online card shop

NAFIS and Daycare Trust merger

Key childcare information services join together.