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Understanding the best way to manage funded places in your setting and considering the impact on your business overall can be daunting. This pack has been developed to help you to understand what funding is and what that means to you, to provide guidance on the possible business model options, and to provide you with information to share with parents.
FREEIn the 2023 budget the Chancellor announced a major change in the way that childcare places could be funded. The timeframe for these changes are:
April 2024 when 2 year olds may be eligible for up to 15 hours per week
September 2024 Children aged 9 months to 2 yrs may be eligible for up to 15 hours per week
September 2025 all children aged 9 months to 4 years may be eligible for up to 30 hours per week
These three jargon free and easy to use documents will allow you approach the management of funded places with confidence and clarity, to explore the possible options that you have so that you can make an informed choice on how you manage funded places and that ultimately helps you to strengthen the financial viability and therefore sustainability of your business.
For those that like to be able to talk through these changes or ask questions, we are holding two, one hour zoom sessions, for more information please click here!
I really appreciate the straight forward approach in the resources. It makes them easy to understand and use on a day to day basis. Thank you! Member Feedback