In recent years, we have seen an increase in all childcare franchise brands seeking to convert independent childcare businesses to their brand. For instance, Primrose, Goddard, The Learning Experience, and Kiddie Academy land others looking to convert large centers in metropolitan areas with high demographics – median household income, high population, high number of children,…
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…
If you want to increase the value of your child care business, the more you get these things right, the more your child care business is worth. 10 Key Things That Increase Child Care Business Value Competent management team in place – not reliant on the owner Consistent, high profits with organized financial records Consistent,…
This is the question that child care owners asked just after, “What is my child care business worth?” Commonly, the real estate – land and building associated with a child care business is often more valuable than the child care business. This is due to the high cost of land and the cost to construct…
