The financial performance of child care businesses is often “assumed-to-be” far less than businesses in other categories. Although operating a child care business does have it challenges, the growth of child care businesses and annual sales outpaced many other business categories in the U. S. in recent years. According to a June 2014 report by…
While taking the steps to start a child care business, most owners are already dreaming of the day they will sell their center for a substantial sum. The problem is – most owners are so busy running their business little time and effort is spent engaging in activities that improve the value of their business.…
For those who want to buy a child care business… Solutions 4 Child Care, will work with you whether you are an experienced buyer looking for a new opportunity, or a first-time buyer ready to purchase your own child care business. We will help you organize your efforts and find the center that fits your requirements. The personal…
If you desire is to own a child care center, you basically have three options to accomplish this goal: buy an existing center, convert a space or building into a child care center or build a new center from the ground up. Buying an ongoing center with children enrolled and monthly revenue is normally the…
Understanding Break-Even Break-even is the minimal amount of income/revenue a child care center must earn to cover all expenses without losing money or making money. Therefore, all income above the break-even point would be profits. To calculate your center’s break-even, add up all of the operating expenses for a month, i.e. labor, supplies, rent, insurance,…
