Episode 17: How to Funnel More Money to Your Child Care Business | Louise Stoney

The Child Care Business Podcast

Oct 14 2021 • 42 mins

Louise Stoney has been in the child care field for well over 35 years and dedicates her work to helping providers put the systems in place to tap into and manage the funds available to them. In this episode, she discusses:

  • The critical role automation plays in providing information that can uncover any funds child care providers are leaving on the table
  • What shared services are, how they work and the benefits they offer to child care businesses
  • How she works with public policymakers to help them better understand the child care landscape and make the right funding available
  • The ways child care management software can transform recordkeeping to  drive better decision-making at every level
  • The concept of one-stop-shopping or subsidy management, and how to do it
  • The three most important things you have to do to run a successful child care business, also called the Iron Triangle
  • And so much more!

About Louise:

Louise Stoney is a true powerhouse in the space – someone who’s making waves in  how we collect and analyze child care data to spur positive systemic changes.  Louise is an independent consultant specializing in early care and education (ECE) finance and policy, and Co-Founder of both Opportunities Exchange and the Alliance for Early Childhood Finance. Louise has worked with state and local governments, foundations, ECE providers, industry intermediaries, research and advocacy groups in over 40 states.

Public and private organizations have sought Louise’s expertise to help craft new finance and policy options as well as write issue briefs on challenging topics. She has helped model ECE program costs, revise subsidy policy and rate-setting strategies, re-visit QRIS standards and procedures, craft new approaches to contracting and voucher management, and more. Louise holds a master’s degree in social work from the State University of New York at Stony Brook.

You can learn more about Louise and her work at  www.oppex.org

Additional Resources:

To get more insights on ways to succeed in your child care business, head over to our Resource Center at https://www.procaresoftware.com/resource-center/

Contact Us:

Have an idea for a podcast or want to be a guest? Email us atpodcast@procaresoftware.com!