The Committee for Hispanic Children and Families has released a report that addresses how to remedy the lack of financial awareness/development that Family Child Care providers struggle with as small business owners. See excerpt below for recommendations posed by the Committee:
Adequate support for FCC providers to maintain and grow viable businesses, CHCF projects, will have powerful, positive implications on low-income communities in New York City. CHCF, together with policymakers, advocates, other community based organizations and funders can collaborate to provide this support and promote a circle of sustainability and quality that will enhance the net earnings of providers, increase the availability of affordable child care, facilitate participation of a greater number of persons in the workforce, and improve the quality of early care and education for children throughout the City.
Source published in June 2015
About CHCF: Since 1982, The Committee for Hispanic Children and Families, Inc. has combined education and advocacy to expand opportunities for children and families and strengthen the voice of the Latino community.
To view the report in full, click here.