The winter music program at Love to Learn Daycare has grown to twice its size this year, raising the program cost for the month of December to 20 percent of the budget. How can the daycare best balance its budget?

Question

Business

Cristian Chang

1 September, 07:33

The winter music program at Love to Learn Daycare has grown to twice its size this year, raising the program cost for the month of December to 20 percent of the budget. How can the daycare best balance its budget?

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Answers (1)

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Elisabeth Barron · Answer 1

Answer: Avoid miscellaneous expenditure

Explanation:

One of the ways the daycare can try to balance it's budget is by trying to cut or remove unnecessary expenses. They can do this by separating cost necessities from any wants of the daycare. For any expenses that they cannot remove altogether, they can track those costs, and try to limit or reduce these costs. This can avail more money for the daycare and reduces expenses overall.