When I tell people that all family day care educators need business skills, most of them tell me not to be ridiculous. “The service looks after that, educators don’t need business skills.”
Family day care educators are subcontracted to a service, which simply means they are a business who is supported by a service. Just like all other businesses, an educator needs an ABN, their own philosophies, a business plan, and they must develop a personal brand.
If all team members of the service have strong business skills, the ratings of the service are likely to improve, which puts it in a position to leverage higher fees. Now, if you are an educator, you may be thinking, “well, that means the service will reap the rewards of my business skill development”. That is true, however, it also puts you in a powerful position, too.
If educators develop strong governance and business skills, you will have more bargaining power when it comes to negotiating what you will be paid by the service. It also means if, for whatever reason, you have to look for another service to work with, you will be in a position to pick and choose the service you want to work with, rather than contracting to just any service that will have you.
So, what business skills does each member of the service need?
- Leadership skills
- Know how to manage their finances
- Vision for their business and set goals to bring that vision to life
- Communicate effectively
Okay, so we all know that educators know how to look after children, right? For many educators, those skills come naturally. But, what educators are not taught in school is how to manage a business. I have developed a course that teaches educators the skills they need to be successful business owners. Check out The Business of a Family Day Care Educator course here.
And also, never forget business skills, unlike much of what we learn about working with children, are transferable. This means they are skills that will enhance whatever job or career an educator chooses. If you are an educator, imagine you are going for a coordinator position, or want to open your own service? You will have not only acquired the skills to run a successful home business, but the skills required of a leadership role.
But it is not just the educators who benefit. We’ve had a few services buy The Business of a Family Day Care Educator course so they can make it part of their recruitment process.
If you’d like to find out more about The Business of a Family Day Care Educator, check it out here. You can also check out my free videos on YouTube and make them part of your professional development strategy too.
Running a business, any business, takes consideration, planning and time to make sure you are getting all the benefits you deserve, including financial, longevity and ,of course, reputation. Your business is YOUR business, and although you have chosen a highly regulated sector to work in, it is still a business, nonetheless. There are plenty of opportunities to reach your fullest potential and have great success if you develop the right business skills.