For those who want to buy a child care business… Solutions 4 Child Care, will work with you whether you are an experienced buyer looking for a new opportunity, or a first-time buyer ready to purchase your own child care business. We will help you organize your efforts and find the center that fits your requirements. The personal…
If you desire is to own a child care center, you basically have three options to accomplish this goal: buy an existing center, convert a space or building into a child care center or build a new center from the ground up. Buying an ongoing center with children enrolled and monthly revenue is normally the…
Understanding Break-Even Break-even is the minimal amount of income/revenue a child care center must earn to cover all expenses without losing money or making money. Therefore, all income above the break-even point would be profits. To calculate your center’s break-even, add up all of the operating expenses for a month, i.e. labor, supplies, rent, insurance,…
What Does a Lender Look For? The 5 C’S of Lending Lenders and investors look not only at the business numbers when making a loan but also take into consideration intangible things. These intangible considerations are often referred to as the five C’s: 1. Character – it is important to the lender that the borrower…
Increasing Cash Flow Successful cash flow management requires managing the money that comes in and flows out of your child care business. The goal is to maintain smooth, consistent cash flow. Large increases in expenses and drops in revenues create uneven cash flow situations. It is important to predict and operate your child care business…
