A Centre's Money
Who this book is for
Chủ trung tâm và quản lý học vụ ở Việt Nam, trung tâm tiếng Anh, luyện thi, kỹ năng, tin học, năng khiếu, cùng giáo viên tự mở lớp; quy mô từ hai phòng học tới ba cơ sở.
Sound familiar?
- Collects a year's tuition upfront, spends it within the quarter, and runs dry the next.
- Watches current headcount without watching how many leave each month.
- Doesn't know how long an average student stays or what they're worth.
- Centre money and household money share an account.
After reading, you can
Help a centre owner tell collected cash from earned revenue, and know their runway.
Each chapter answers one question
Chapter 1: Does a full bank account mean a profitable month?
Of today's bank balance, how much is fees for lessons I have not yet taught?
Prepaid fees are a service debt, not revenue for the month the money came in.
Chapter 2: Do I need full reports, or just a few numbers?
Which four numbers must I know by the fifth of every month?
You do not need a full report; you need four correct numbers, read regularly.
Chapter 3: Do I learn a month lost money before, or after?
How many active students do I need each month to cover costs?
Knowing how many students you need to break even makes every decision to open a class easier.
Chapter 4: If I dip into the till, can I see profit?
How much am I paying myself, and on which line does it sit?
An owner who withdraws money at will has found the fastest way never to know whether the centre is profitable.
Chapter 5: Without new enrolments, how long could my centre survive?
If no new students came in for three months, how long could I last?
A small centre's most important number is how many months it can survive without enrolling anyone new.