One of the most frequent questions I have been asked over the last two years is – “How do buyers look at grant funds and business value.” The answer – it depends. Grant funds are like all other funds that are non-recurring funds. Whether it is a one-time “grant fund” for things like PPE (personal…
In the training workshops I conduct and my meetings with child care owners, I find them confused about why child care business buyers buy and what the buyers are willing to pay for. Why Buyer Buy – and What They Will Pay For are not the same; let me explain. A buyer will buy your…
In recent years I have received an increasing number of calls (more than in years past) from childcare business owners about selling their childcare business and owner financing. However, the involvement of owner financing in selling a childcare business or any small business is common. In transferring small, medium, and large childcare businesses, the seller…
House budget lacks child care stabilization by Liz Bell, EducationNC April 6, 2023 This article first appeared on EducationNC and is republished here under a Creative Commons license.
Childcare business owners often need clarification regarding the difference between Succession Planning and Exit Planning. And which one should they be doing? To add to the confusion, succession, and exit planning are often used interchangeably. But they technically mean different things. Succession Planning focuses on planning and preparing to hand the business over to a…
