Sustainability is all about forward planning, and with this in mind, the National Day Nurseries Association (NDNA) is launching its online business tool, the costing model. It has been developed as part of the organisation's strategic contract with the DCSF to address business issues.
NDNA research suggests many providers need help in getting started with the process of planning, and the aim is to provide a clear understanding of the relationship between occupancy, costs, cost control and profitability.
Rob Shorrock, the NDNA's national development manager for the north, says, 'The tool has been designed to help any size of provider look at their costs for the future and develop pricing structures effectively.'
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