Around this time of year, I am often asked about the mergers and acquisitions outlook for the childcare industry. Although I wish I had a crystal ball, I do not. However, I will share my thoughts about the childcare mergers and acquisition trends we will see in 2023. To put things in perspective, we must…
Did you know surveys indicate that three out of four (75%) business owners regretted the decision to sell their business? Unfortunately, the statistic is true. Business owners often note three primary reasons for regret: One, lack of preparation. They realize they should have started planning their exit much earlier and done more to prepare their…
How many calls, emails, and letters have you received this week from people interested in buying your child care business? If you are like most child care business owners, particularly a large child care business owner, you have probably been contacted by at least a dozen or more people this week alone. Having specialized in…
If your goal is to sell your child care business in 2018, you should start the process today. Why? The average length of time to sell a childcare business is about nine months to a year. Yes, you can give your business away pretty quickly by accepting far less than its true value. When speaking…
When starting a child care business, owners can select from different operating structures – sole proprietor, partnership, a for-profit corporation or non-profit corporation. For simplicity, the various operating structures can be divided into two categories – for-profit and non-profit. The majority of child care businesses operate as for-profit corporations. However, child care businesses – large…
