In recent years, we have seen an increase in all childcare franchise brands seeking to convert independent childcare businesses to their brand. For instance, Primrose, Goddard, The Learning Experience, and Kiddie Academy land others looking to convert large centers in metropolitan areas with high demographics – median household income, high population, high number of children,…
“Selling your child care business, you often only get one chance to do it right. Do Overs are Rare” If you are considering selling your childcare business within the next few years. You will want to carefully select the best child care business broker to represent you to ensure you receive the highest value for…
Co-brokerage commonly refers to the sharing of a listing where often one broker represents the seller, and another broker represents the buyer. The commission paid by the seller is split between the two brokerage firms. In residential real estate, the selling of homes by co-brokerage is very common. In commercial real estate, selling various properties…
Are Business Brokers Licensed? Most people are unaware that there is no license to be a business broker. Yes, you heard me – there is no business broker license. A few states, like Illinois, offer a business broker license – which only requires filling out an application and paying a fee – much like a…
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 you 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…
