From time to time, early learning service providers may change their business name or business structure (ie. sole trader, partnership, family trust, company, unit trust) for any number of reasons.
If you make changes to your business such as your business structure, name, or contact details, you need to tell all the stakeholders in your business and relevant agencies, organisations and governments.
The following is a collection of useful information for early learning services providers affected by the recent bushfires.
Government support for early learning service providers
In view of the number of emergency and natural disaster situations being experienced across Australia, and the potential for continued disruption over the summer period, the Department of Education (DET) has launched a new webpage which contains links to useful information about the resources available to early learning services affected by the fires or other emergencies.
The DET website includes information on the following:
This blog article is the second part of a series from ACA's superannuation (super) partner Child Care Super, which explains the different types of insurance in super and the changes that are about to be made – which may affect you. This information is relevant to early learning service owner/operators as well as their team members.
Total and Permanent Disablement cover
When you first joined your super fund, you probably received default Total and Permanent Disablement (TPD) insurance cover. This type of insurance provides you with a lump sum payment if, while you are an insured member, you become totally and permanently disabled and are unable to work (in any occupation based on your education, training and experience).
I’m young and healthy. Do I need insurance cover?
Only you can answer this – however a serious illness or injury can make it impossible for you to continue to work and earn an income and if this happens, you may need to find a way to support yourself (and your family). Total and Permanent Disablement cover can help.
Increased competition in the early learning sector, along with an oversupply of services in some areas, has led many centres to develop strong branding and marketing campaigns.
Marketing is more relevant in the early learning sector than ever, as individual services strive to offer a point of difference from their competitors and make their offer even more appealing.
In this context, some centres have even offered incentives for families to enrol with them, such as iPads or other tablets/electronic devices. This practice has recently attracted media attention, with discussions about it featuring on Australia's breakfast television shows and also in the newspapers.