The structural organization (called “auspice”) of your child care facility informs your ability to access a variety of funding sources, your ability to sell your program with or without re-licensing, among other things.
This Circle of Practice zoom chat discussing the pros and cons of not-for-profit versus incorporation for operators, and how to change the operational structure of your program, if desired.
This Circle of Practice chat may be helpful to any program owner who wants to consider transitioning to an inc. or not-for-profit in order to improve the financial sustainability of their program.
Things that will be discussed:
-the general steps to changing from a incorporation / sole proprietorship to a NFP (or vice versa)
-the pros and cons of different auspice
-how programs in a residential building with their own entrance/space (group or multi-age) can benefit from different structures
-case studies from BC and Alberta
Topic: Circle of Practice Series: organizational structure
Time: May 28, 2020 07:00 PM
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