1. Define these three terms: 1) balanced budget, 2) profit, 3) loss. Explain why it is important for a center to operate under a balanced budget
2. Describe the three types of business organizations; choose one type and list one advantage and one disadvantage of the type you have selected.
3. Identify and explain three factors on which tuition should be based.
4. Discuss four guidelines that should be considered when determining that design of a childcare center