Key Takeaways
- A competent management team is crucial, ensuring the business is not solely reliant on the owner.
- Maintain consistent, high profits with organized financial records and high enrollment.
- Focus on retaining a well-trained, competent staff and keeping turnover low.
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, high enrollment
- Well-trained, competent staff
- Organized with operational systems
- Up-to-Date, well-maintained business and RE assets
- If real estate is leased, a favorable long-term lease
- Staffing and enrollment turnover low
- Good market tuition rates
- Competitive market advantages
