Education has been a changing industry over the past few decades, and nowadays school management is becoming increasingly difficult to keep up with. By failing to stay organized when running a private school, you could be risking your business while failing to deliver a great educational experience to your students.
Here’s how investing in school management services can save you from hefty costs and penalties while keeping your educational institution thriving rather than simply surviving.
Keeps Human Resources Clean
Every private school needs a school management service to keep track of Human Resources. From hiring staff, assisting with the hiring process and taking care of background checks when scouting teachers and other potential members of faculty, human resources can get tricky. School management services can keep it all streamlined and lay out ideal guidelines to keep your employees happy while making sure they’re delivering on expectations. If you fail to keep your human resources department in check, you may risk losing staff, or worse, hiring the wrong people as a result of failing to run adequate background checks.
Streamlines Bookkeeping, Accounting and AR/AP
Costs are also a huge responsibility to keep track of when it comes to running and maintaining a private school. Every private school has a lot of costs to be mindful of in order to operate: uniforms, books, supplies, extracurricular costs, facilities and activities funding – the list truly goes on. In order to be successful in running your private school, a school management service can keep track of all the money you have going in and going out. Between accounts receivable and accounts payable, as well as understanding what your private school could cut back on or what you could afford to invest in (and how to invest in it) in order to better your students’ and teachers’ experiences. If you don’t know where your money is going, you may end up losing it, cutting corners where you shouldn’t be, and as a result, you could end up having a lot of unhappy parents on your hands.
Keeps Payroll Processing Drama-Free
Keep your employees paid and paid well in a recurring timely manner with a school management service’s payroll processing system. By allowing school management to take over your payroll processing, you can ensure that payroll is as streamlined for yourself and your staff as possible. With regular pay with no errors (ideally) comes a happier and more hardworking staff. A school management service can also handle the tedious task of adding somebody new to the payroll, which while exciting is always messy at first. By having someone else handle it for you, you never have to worry about it eating away at you again. Having your payroll secured by an outer party also lowers the risk of anybody internally messing with it, which could open up doors of conflict. (Especially when person x finds out how much more person z is making than them.)
Keeps Compliance with Local, State and Federal Taxes and Labor/Safety Laws
Legalities are always complicated, redundant, and easy to miss which could put your private school’s reputation in jeopardy. So, save yourself the hassle and let an expert handle the details. When running a private school, there are many particulars to keep track of in a legal sense. You must make sure that your private school is compliant with your local, state and federal tax laws and that your taxes are being filed correctly. You also must ensure that your private school is compliant with labor and safety laws, and any that your state or city may have in particular. Leave it to a school management service to handle for you so that you can reserve your energy towards making your private school a success. If everything is done correctly, that will only make your school’s reputation more dependable.
Sets Up Benefits and Worker’s Compensation
Part of keeping your staff happy is ensuring that they’re being well taken care of. If you offer fair, or ideally, generous worker’s benefits, then you are sure to have your staff give back to you by doing excellent work. Let a school management service set up the best rate for your employees, getting you the best possible benefits package for the best possible price. Including worker’s compensation packages for overtime or unforeseen accidents is also a detail that often gets overlooked and could lead to legal issues if neglected. A school management service can make sure you don’t miss the mark on any necessities when it comes to benefits and compensation for your staff.
Updates Handbooks in Accordance to Curriculums
Students and faculty members need updated materials every year that are in accordance with what education and curriculums call for. School management services will update your handbooks to keep them aligned with what the current curriculum is, because outdated handbooks may be a contributing factor that may cause your institution to plummet. Handbooks may have adequate space for students to write their notes, calendars, public and private holidays and so on and so forth. They can also be directly curated to your private school’s grades, and different grades can get different handbooks that highlight what [the students] are studying that year.
Assists with Annual Accreditation Filing and Annual State Filings
From filing a PSA (Private school affidavit) with the reports on performance, test scores demographics and the like to the governor of the state to filing annual accreditation to keep your school reputable, recognized and accredited, legitimising details are important to keep track of when running a private school – or any school, for that matter. Neglecting to keep track of these details can risk you losing your school completely and thus jeopardising your chances of even finding success in the education sector. Keep it simple, streamlined, and have your school management service take care of your filings for you. They will keep everything updated and in order and in accordance with the year’s current rules and regulations.
Do you have a private school and want to win at running it? An expert school management team such as JAG Consulting Services can manage all the above details for you, lowering the risk of your private school losing its legitimacy and reputation. Let them handle all of your back office tasks so you don’t have to. Visit their website to learn more.