In a Forbes Business Council article, Civitas Strategies CEO Gary Romano shared key strategies for childcare businesses to navigate financial challenges in the wake of the American Rescue Plan Act (ARPA) funding. Learn how to maximize stimulus funding, retain compensation, diversify funding sources, adjust service rates, explore partnerships, and leverage technology to promote long-term sustainability and success in the childcare industry.

The U.S. Department of Labor's recent update to the rules on classifying workers as contractors or employees may seem significant, but for most child care business owners, it doesn't fundamentally change their current practices. Learn more in our blog on the March 2024 changes.

Having problems paying your Economic Injury Disaster Loan (EIDL)? The SBA has expanded the Hardship Accommodation Plan (HAP) for borrowers who are struggling to make payments. The HAP allows eligible borrowers to temporarily reduce their payments to 10% of the usual amount for up to a year, followed by the possibility of making 50-75% payments for an additional year.