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In this industry and this era, there really is no choosing the right bank or the right banker over the long-term. If you want the best odds of getting the best results for you and your business, then choose banks and bankers on a case-by-case basis. There are a lot of exceptionally good people who
Sale and Leaseback transactions (SLB) can give you more cash, less debt and allow you to continue operating your childcare company or school without interruption. These transactions are as simple as they sound. You sell your real estate (not your business) for full market value and simultaneously lease it back from that same person or company.
Developing good relationships with parents, teachers, vendors and your students is a key component to operating a successful childcare center or school. Every aspect of your childcare facility – staff satisfaction, parent interaction, teaching the children, managing your staff – comes down to effective communication. Communication skills are critical to developing and nurturing these essential relationships.
It’s been said that when opening and operating any business, you must have the right people, doing the right things, at the right time. It seems simple, but 80% of new businesses still fail in the first 60 months—not five years, 60 months. New companies don’t fail over a period of years. They succeed or
Utilizing every inch of your childcare center or school in the most effective way possible will provide a much better environment for the children, the parents, the teachers, and your profitability. Efficiency is one of traits that promotes and inspires professionalism. Professional ownership, promotes professional management promotes better teachers and more attentive, happier and better educated
When you consider your teachers and staff in your childcare company or school, it’s important that you think of them as a cohesive unit—not just individuals working in the same building. Building a team that works well together can sometimes be a challenge, but the following steps should help you. Here we go. 1) Create an environment
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