Strategies for a Smooth Transition: Exit and Succession Planning for Child Care Business Owners

Child Care Business Valuation, Child Care Centers for Sale, Childcare Exit Strategy, Sell a CenterLeave a comment

Introduction Planning your exit from your childcare business is a critical phase in your lifecycle as an entrepreneur. A well-thought-out exit strategy ensures the business’s continuity and maximizes the value derived from years of hard work. Exit planning involves preparing for the eventual ownership transition, which requires careful consideration and strategic planning. Understanding Exit Planning…

The Impact of Unreported Income and Non-Business Expenses on Child Care Business Value:

Child Care Business Broker, Child Care Business Operations, Child Care Business Valuation, Child Care Centers for Sale, Child Care Owner Exit Planning, Sell a CenterLeave a comment

“If You Hide the Money Too Well, Nobody Will Be Able to Find It.” When I started my business brokerage career in 1995, it was common to find that the business owner was not reporting all business revenues. In addition, they were also running lots of personal expenses (cars, house payment, country club membership, personal…

“Not a Do-It-Yourself Project”: Child Care Business For Sale By Owner

Child Care Business Broker, Child Care Business Valuation, Child Care Owner Exit Planning, Childcare Exit Strategy, Sell a Center

You can do many projects yourself with motivation, hard work, and some instructions. However, selling your childcare business is not one of them. Every month, I receive calls and emails from childcare business owners who either sold their childcare business on their own or are in the middle of trying to sell their childcare business…

Child Care Business Brokers FAQs

Child Care Business Broker, Child Care Business Valuation, Child Care Owner Exit Planning, Child Care Real Real Estate, Childcare Exit Strategy, Sell a Center, Your Questions

Are Business Brokers Licensed? Most people are unaware that there is no license to be a business broker. Yes, you heard me – there is no business broker license. A few states, like Illinois, offer a business broker license – which only requires filling out an application and paying a fee – much like a…

10 Steps to Prepare Your Child Care Business for Sale

Child Care Business Valuation, Child Care Owner Exit Planning, Child Care Real Real Estate, Childcare Exit Strategy, Sell a Center

Whether you plan to sell your child care business soon or years from now, it is important to ensure you prepare your business for sale. These steps can be implemented in any order, and depending on your desired timeline for exiting your business, it can take months to as little as a few weeks. Get…