A homeschool co-op offers drop-off high school classes and wants to remain high quality and low cost. The leader is struggling. I say she can’t offer all three: Cheap, good and fast (or convenient for parents). She’ll have to give up one of those goals to remain viable.
In this short podcast episode (12 minutes) Carol Topp, the HomeschoolCPA, explains how she advised this homeschool leader.
In the podcast Carol mentioned …
Money Management in a Homeschool Organization
Does your homeschool group manage their money well? Do you have a budget and know where the money is spent? Do you know how to prevent fraud? This 115 page book will help you to open a checking account, establish a budget, prevent mistakes and fraud, use software to keep the books, prepare a financial statement and hire workers. Sample forms and examples of financial statements in clear English are provided.
Carol Topp, CPA