Once the decision has been made to expand a business or childcare investment portfolio, the first challenge lies in choosing whether to purchase another existing centre or build a new centre. One thing is certain, when it comes to the Buy vs Build decision, there is no one size fits all approach.Details
Our partners at Porta Lawyers, specialise in Family and Business Law in Queensland. Their range of services include all the legal requirements of childcare owners and investors and they have been working in this sector for over 17 years. We have asked them to share some of their experiences and knowledge with us in our monthly blogs and newsletters. This month the blog will focus on Subpoenas and how they should be dealt with.
There are three main types of Orders which centre Directors will need to deal with from time to time. They are Subpoenas, Location Orders and Interim and Final Parenting Orders. These situations arise from parties to proceedings in the Federal Circuit Court or Family Court of Australia who have children or grandchildren attending childcare centres.Details
With the upcoming changes to the NFQ National Quality Framework, it is important to begin preparations – especially if you are interested in selling a childcare centre. While the deadlines are in October 2017 and February 2018, planning now for these changes could create a big selling point for your centre.
There are several changes coming to the National Quality Framework which aim to improve the childcare industry. Australian Childcare Alliance gives this overview of the important changes:
Now that we are entering the final quarter of the financial year, it is time to review the progress of your business goals for your childcare centre.Details
The final valuation of a property considers a complex mix of factors, and only a certified property valuer can provide the best, most realistic value for your childcare centre.Details