How Do I Use Social Media To Improve My Childcare Company or School?

Social Media is an extremely inexpensive and useful tool for finding, engaging and retaining clients and staff.  In today’s world, we go on line whenever we want find or research most anything.  Using social media raises your visibility.  Parents, teachers and potential business allies look for you on line, and that is where social media

Read More

Leadership In Your Childcare

Whether you are an owner, director or both in a childcare center, your leadership skills will determine your success in this industry. There are several key traits that every successful owner has developed over their career. Here is a short list of items to consider if you want to become a great leader within your

Read More

Is my multi-unit childcare company or my chain of schools worth more if I sell multiple centers simultaneously instead of one location at a time? (Part 2 of 2)

This is part two of a two part blog post. CLICK HERE to read Part 1. 3.  Timing a transaction. In today’s market, timing can be absolutely crucial.  Here are a few timing factors that can influence the results of your transaction: a.  Is the buyer changing financing sources? Whether the buyer utilizes funds from a bank,

Read More

Is my multi-unit childcare company or my chain of schools worth more if I sell multiple centers simultaneously instead of one location at a time? (Part 1 of 2)

The answer is Yes, as long as your company “makes sense” for the prospective buyer(s).  The closing sales price can be as much as 60% higher for a small chain of centers or schools when compared to the sales price for selling a one or two center company.  This math is not the lottery version

Read More

How High Does My Credit Score Need To Be?

Here are a couple of general rules for your consideration. Your minimum credit score needs to be at least 650. If your credit score is below 650 then there are ways to fix it.  Here’s how it works… 1. You can challenge anything in your credit report.  If the merchant can’t provide proof of their claim,

Read More

How To Reduce or Control Expenses In Your Childcare (Part 2 of 2)

This is part two of a 2 part series on controlling expenses in your childcare. If you have not read part 1, you can read it here. 4.  Organize and shop to keep food supplies cost below 6% of Gross Revenue.   Food costs can normally be kept below 4% while feeding the children well.  The supplies

Read More