Business management theory and principles as applied to the administration of early childhood programs are presented in this workbook. Following a brief survey of the historical background of early childhood education and current early childhood programs, information and guidance to help plan, operate, and evaluate program facilities are provided. The duties of the program director are outlined and discussed in terms of the following: (1) the planning of the early childhood center (setting goals and standards, planning the learning environment, instituting and maintaining governing and operating policies, and formulating criteria for staff selection); (2) the operating of the center (including the budget and first aid systems, food service, public relations and leadership, and selecting and working with staff and families); and (3) the evaluating of the center. Suggestions for further reading are provided for each topic. (Author/SS)