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If you haven’t heard, we may be in the greatest childcare sellers’ market of the last 25 years. In all of these years we have never seen a market where the demand for centers so exceeds the number of centers available for sale.Are you thinking about selling someday? Are you worried that it won’t go
Having trouble hiring in what may be the toughest childcare labor market ever? Here’s what we’re doing about it. Running a childcare center comes with great responsibility and no one runs a center alone. We have to find and keep a team—at least a core team. Per our conversations with owners across the U.S., here are
Effective January 2018, the SBA (Small Business Administration) made a major adjustment to their basic acquisition lending parameters. Here’s how it changed. Previously, the SBA has required a minimum of a 25% down payment on the purchase of businesses and a 10% down payment on the purchase of the real estate that often comes with
Like with everything else, there is always the risk of liability when you own a Montessori school. Here are some of those risks and ways to manage them. The Heart Stopper: Make sure you never lose track of a child. This terrifying event is most likely to happen when moving back and forth to the
The Initial Questions have only one goal. Determine whether a company is interesting to you or a waste of your time as quickly as possible. While the questions won’t be exactly the same for everyone, the following should cover most if not all of your first look. Location Annual Revenue Annual Cash Flow. Specifically, EBITDA
As payroll costs are the single largest expense in a childcare center or school, many company owners and executives are concerned with the potential increase in the minimum wage. No one likes to see increases in expenses without corresponding increases in revenues and profits. Here’s a few ways to deal with an increase to the
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