childcare succession planning, exit planning

Succession Planning vs. Exit Planning

Childcare business owners often need clarification regarding the difference between Succession Planning and Exit Planning. And which one should they be doing? To add to the confusion, succession, and exit planning are often used interchangeably. But they technically mean different things. Succession Planning focuses on planning and preparing to hand the business over to a…

Not Having a Childcare Business Exit Plan Can Be Costly

Do you have an Exit Plan for your childcare business? Is it a well-thought-out, written plan that outlines the process you will follow as your plan your eventual exit from your childcare business? Or is it more that you have some ongoing dialogue with yourself about how you need to get started on an Exit…

2023 Child Care Industry Mergers and Acquisitions Outlook

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…