Build it Better, Sell it For More™
Helping child care business owners maximize profits, business value, and exit strategy planning.
“Working Hard Everyday to Earn Your Trust, Gain Your Confidence, and Win Your Business”™
Key Takeaways − Childcare owners faced high stress and labor shortages in 2022, questioning what will change in 2023. Stabilization Grants will continue in 2023 to help businesses, but misuse could create future financial instability. Owners should strategically
Key Takeaways − Thoroughly review business financials to prepare for filing year-end employment records and tax returns. Ensure financial records are understandable and accurately reflect business performance for effective decision-making. Discuss tax planning with an accountant to ensure
Key Takeaways − Recessions are a normal part of economic cycles, so child care business owners should anticipate them. The Great Recession lasted 18 months, causing low enrollments and financial loss for the child care industry. Economists predict
Key Takeaways − Conduct an in-depth review of business financials to prepare for filing year-end employment records and federal and state tax returns. Engage in tax planning with an expert to ensure your corporate structure and real property
Key Takeaways − Stabilization Grants propped up the industry, leading to potential instability once funds are depleted and operational spending changes create financial problems for many. Many owners over-increased employee wages, which will be unsustainable without grant funding,
Key Takeaways − Use Stabilization Grant Funds to ensure the short-term and long-term financial stability of your childcare business, not weaken it. Analyze the best allocation of funds to positively impact your business, employees, and parents for today
Key Takeaways − Paying less than fair market rent creates a false sense of profitability, masking the business's true financial health. Owners may fail to charge tuition rates that cover all operational costs because their rent expense is
Key Takeaways − Most business owners regret selling due to a lack of preparation, leaving money on the table, and having no personal post-exit plan. A formal Exit Plan is crucial; many child care owners only dream about
