When I started my business brokerage career in 1995, it was common to find that the business owner was not reporting all business revenues. In addition, they were also running lots of personal expenses (cars, house payment, country club membership, personal food, etc.) through their business. This, of course, was done to lessen the federal…
If you want to increase the value of your child care business, the more you get these things right, the more your child care business is worth. 10 Key Things That Increase Child Care Business Value Competent management team in place – not reliant on the owner Consistent, high profits with organized financial records Consistent,…
In my 28 years of Child Care Business Mergers and Acquisitions, I have met and worked with thousands of child care business buyers. From the individual buyer looking to purchase their own child care business – to the business development officers making acquisitions for large regional and national child care chain operations You name it,…
Whether you plan to sell your child care business soon or years from now, it is important to ensure you prepare your business for sale. These steps can be implemented in any order, and depending on your desired timeline for exiting your business, it can take months to as little as a few weeks. Get…
All child care business owners should aim to increase profits and business value. Your child care business is likely your largest investment and a substantial portion of your net worth. Therefore, you must actively manage your business profits to protect the value of your child care business. Unfortunately, most child care owners struggle with increasing…
