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The Top 3 Benefits of Acquiring Child-Care Certification

  • Written by News Company


Working as a child care provider is one of the most exciting jobs that anyone can indulge in, especially if you love being around kids. It is not only fun but also well-paying. It also feels good knowing that some parents somewhere trust you enough to place their precious beings under your care.

However, this job comes with a range of requirements that you must fulfill before getting certification. For starters, you need to have the minimum education requirements, which are mostly a high-school diploma and childcare training education. In Australia, you should then undergo an AFP police check for screening and clearance. This is a crucial step as it proves that you are trustworthy and that you have not indulged in any criminal activities before. The state will also require you to provide an immunization record. Kids are vulnerable, and you do not want to expose them to diseases.

Before you make up your mind, make sure that this is a job you are willing to do. You should not rush into it just because you want to make some cash. Ensure that you have the necessary traits and capacity to be around children. Practice the virtue of patience, willingness to help and make sure you have excellent communication skills, as this will help you relate well with the children.

Childcare requirements differ from one state to the next, but it is best if you take your time to undergo all the processes and get certified. Licensed child caregivers enjoy a range of advantages over the unlicensed, which include;

Acquire credentials

Licensed childcare givers are easy to trust than uncertified providers. The license presents you as a professional or shows that you take your job seriously, and parents are, therefore, more likely to trust them with their kids. It helps you to build the right business image, and this is an excellent marketing point to help you attract more customers and retain the old ones.

Meet legal requirements

The state requires you to have a license before opening a childcare facility. Failure to do so could get you in big trouble. You will be subject to closure and massive penalties as you will be putting the kids’ lives in danger. There is no need to subject yourself to such issues and stress while you can work on the state's requirement and obtain a license.

Access to free training

As a certified childcare provider, you may have access to free childcare training to further your skills and knowledge. You can easily join the available programs that offer a range of benefits and incentives to their members. This saves you money and helps you to attain more certificates, which are useful for improving your qualifications and your business accreditation.

From these benefits, it is evident that getting a childcare license is the best way to attract customers and remain in the business for long. Some people feel like the process is time and money consuming, but if you look at the bigger picture, you will realize that the benefits are worth the trouble.

Fintech startup Cenario uses AI to help Aussies businesses

  • Written by Media Release




What happens to my cashflow if I reduce my permanent headcount by 20 per cent? Can I afford to pay my staff if customers delay payment terms by 15 days? Can I stay in business if all staff take a 30 per cent cut in full time pay and work four days a week? All of these financial scenarios can be answered in less than a minute, thanks to a new Australian platform helping small businesses put simplicity back into financial modelling.

Cenario, a new software which uses Artificial Intelligence and real-time global data to predict a business’s financial future in different scenarios in less than a minute, has today revealed the top ten scenarios Australian SME owners are running through its platform in the midst of the COVID-19 crisis.

The Aussie-based platform, which launched in 2019, makes business decisions simple through providing users a single platform to access and visualise all their financial data, including numbers synced from programs like Quickbooks, Xero, Stripe and Ecommerce, to give them a better understanding of their cash flow and a place to forecast future scenarios.

Cenario co-founder, Vaibhav Namburi said that the impacts of COVID-19 on Australia’s economy had led to many business owners questioning how their businesses would survive through the different financial challenges to come.

On the platform we’re seeing the thought processes of Aussie business owners and the ‘What ifs?’ that are running through their minds. While scenarios such as client payment delays and credit interest are always relevant to business owners, we’ve seen a significant increase in the number of users forecasting these kinds of scenarios at the moment as well as more uncommon situations such as removing multiple employees and selling office equipment,” said Mr Namburi.

There's no doubt that the uncertainty of the future right now is very unsettling, but our real-time data capabilities allows business owners to predict as best as they can what's to come, prepare financially, and feel more in control of how they are going to manage through this challenging time. Having access to this kind of data could make all the difference for some businesses,” he added.

In March 2020, the top ten scenarios forecasted by business owners on Cenario were:

  1. Removing an employee

  2. Client payment delays

  3. Default invoices, loss of customer

  4. Selling office equipment

  5. Credit interest

  6. Selling equipment

  7. Hiring Employee (revenue generating)

  8. Equity capital investment

  9. Removing multiple employees

  10. One off expenses on an operational level (E.g. changing office location)

In comparison, the top ten scenarios forecasted prior to COVID-19 in 2019 were:

  1. Hiring Revenue Employee

  2. Delayed invoices

  3. Loss of customer

  4. Selling office equipment

  5. One off expenses

  6. Runway, when will my business die

  7. Ad spend outcome

  8. Firing employee

  9. Buying office equipment

  10. Hiring ops

While other software solutions on the market are focused on a specific business activity, Cenario offers a full business solution with space for data on all functions across operations, invoices, payroll, revenue, cash flow and forecasting. The platform utilises the most up-to-date real-time data to give users the most accurate financial models for various scenarios.

Its in-built machine learning models take into account seasonality, company past performance, type of scenario (cost based scenario or a scenario where you're hiring a revenue generating staff like a salesperson), number of employees, type of business, how similar businesses have performed and more when forecasting outcomes.

Since its launch eight months ago, Cenario already has 800 businesses signed up to the platform from a range of sectors including services, restaurants, logistics firms, agencies, consulting firms and event companies.

Signing up to the platform is simple with set-up and data syncing from external programs (Xero, Quickbooks, MYOB etc.) only taking a few minutes. Once a business’s profile is built, creating financial models takes around 14 minutes for first-time users. From there, business owners can predict scenarios and see easy actionable insights to help them make better business decisions such as whether they can afford a new hire or equipment purchase.

Cenario was co-founded in 2019 by Vaibhav Namburi and Dan Siepen with a vision to make business simple, and to create for numbers, what Canva did for design. Moving forward, it aims to increase financial literacy and data accessibility for business owners of every size and across all sectors.


About Cenario:

Founded in 2019 by Vaibhav Namburi and Dan Siepen, Cenario is an online software that acts as an ‘AI CFO’ for business owners, predicting a business’ future based on different scenarios. Cenario ensures every decision is backed by AI models and gives simplified outcomes on what's the best decision to make to maximise revenue and improve cash flow.

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