There's more to being a business manager than paying bills and preparing payroll. A business manager is an essential staff member for the following reasons. According to ChatGPT, business managers are typically in charge of the day-to-day operations of the school, including managing employees, overseeing finances, making strategic decisions, and ensuring that the school is running efficiently and effectively. A business manager is a professional who focuses on the many responsibilities and duties that come with her job. Now, I can already hear some of you owners or heads of small schools thinking that all you need is a part-time bookkeeper. You hired credentialed, experienced teachers, to teach in your school, right? It would help if you did the same thing for the business side of your operation.
I asked ChatGPT why a small private school needed a business manager. Here's what ChatGPT said:
Financial Management: A business manager can help a small private school to manage their finances more efficiently. They can help to create and manage budgets, track expenses, and ensure that the school is using its resources in the most effective way possible.
Strategic Planning: A business manager can also help a small private school to develop a long-term strategic plan. This can include identifying new revenue streams, developing marketing strategies to attract new students, and finding ways to improve the school's overall financial performance.
Administrative Support: A business manager can provide administrative support to the school's leadership team, allowing them to focus on their core responsibilities.