Recession Proofing Your Child Care Business: “Be Optimistic But Be Prepared”

Business, Child Care Business Operations, Child Care Owner Exit Planning, Child Care Stabilization Grants, Taxation

No child care business owner wants to consider or discuss the likelihood of a recession. However, good and bad economic times are part of normal economic cycles. Not counting the steep but very brief economic downturn during the COVID pandemic, the last recession in the U.S. was from December 2007 to June 2009 – often…

non profit child care

Operating a Child Care Business as a Non-Profit Organization Advantages and Disadvantages – And What Happens With a Transfer

Buy a Center, Child Care Business Operations, Child Care Centers for Sale, Sell a Center, Taxation

When starting a child care business, owners can select from different operating structures – sole proprietor, partnership, a for-profit corporation or non-profit corporation.  For simplicity, the various operating structures can be divided into two categories – for-profit and non-profit.  The majority of child care businesses operate as for-profit corporations. However, child care businesses – large…