EP # 35 | The Top Financial Secrets for Childcare Businesses You're Not Taking Advantage Of | Featuring John Rizzo & Nate Pensgen

Join Tony D'Agostino, Founder and CEO of Inspire Care 360, as he explores the crucial topic of building the financial health of daycare and childcare businesses. In this episode, our guests, Nate Pensgen, CPA and Partner, and John Rizzo, Managing Partner from RDG+Partners, share invaluable insights tailored for childcare owners and operators. Gain actionable takeaways such as setting clear financial goals, exploring retirement plan options, and understanding tax planning strategies to ensure the financial success of your childcare business while avoiding common pitfalls. Key Takeaways: • Set clear financial goals and regular monitoring intervals. • Gain insights into different retirement plan options. • Explore accelerated depreciation, including 'Section 179.' • Understand qualified business income, rent, and wage considerations for effective tax planning. • Avoid common pitfalls: procrastination, overlooking non-tax factors, and neglecting accurate bookkeeping. 🎧 Who Should Tune In? 🎧 "Care for Childcare Owners" is a must-listen for childcare center owners, operators, educators, and anyone passionate about the well-being of those who nurture and educate our youngest learners. If you're seeking innovative solutions to enhance your childcare or daycare business, this podcast is the place to be. Schedule a demo with our team to learn more about IC360 Membership: www.inspirecare360.com What do you get as an Inspire Care 360 Member? Click below to learn more: https://bit.ly/3FeU8fF Want to join our mailing list?  Email us at [email protected] Follow along below for updates: Facebook: https://www.facebook.com/InspireCare360 Instagram: https://www.instagram.com/inspirecare360 LinkedIn: https://www.linkedin.com/company/inspirecare-360 Inspire Care 360 is your childcare business partner. We help independently owned early learning childcare schools become more efficient and profitable.  https://linktr.ee/InspireCare360