No one has time to read every newspaper, online article! For your convenience, we have collated articles from various sources, from across New South Wales, Queensland and Victoria. So grab a cup of coffee and read all the news from our fascinating industry!
Question – Ever wondered how the equation of property ownership vs business ownership can be improved? Answer – small business legislation
When you’ve decided it’s finally time to sell your childcare centre, you want to ensure you achieve the optimum purchase price within the market and that the sale and transition goes as smoothly as possible
One of the most effective ways to get insights from parents about their perceptions of their child’s education is through surveys. This is an essential feedback tool for childcare operators as it allows parents to provide positive contributions to their child’s learning, but is also a great way to determine a childcare centre’s overall success. Giving parents the opportunity to share their feedback through a survey is a smart way to get open and honest comments, which will help keep your childcare centre on the road to success. Here are some of the ways you can use parent surveys to determine your childcare centre is running smoothly.
As a general rule, childcare centres are some of the safest and securest places for children to be. However, this isn’t to say that all centres’ standards are equal when it comes to protecting the welfare of children and staff.
Confidence is high in the child care sector as evidenced by Burgess Rawson with almost $20 million worth of childcare centres sold within the first few months of 2017. During that time a number of centres in Melbourne and Sydney were put on the block across two days of auctions and all were immediately sold.
In the course of running a small business, it is not unusual for your account customers to fall behind in the payment of their account. As with most businesses, the first thing you do is contact the debtor to remind them that they are late paying their account. Sometimes your customer has genuinely forgotten and the ‘reminder’ is appreciated.
When selling a childcare business, it is highly recommended that you get a professional broker to help you. While some people do manage to sell their business without a broker’s help, sometimes the stress and extra work involved with selling a business are just not worth whatever amount you might be able to save by not getting professional help. In this article, we have gathered the main reasons why hiring a professional childcare broker is the smartest way to go when the time comes to sell your child care business.
Data analytics shows that the majority of new Long Day Care (LDC) supply in NSW and VIC are in areas of high demand. This is coupled with small pockets of oversupply in QLD that is affecting occupancy and pricing. Some of the majors have reacted by increases in rates, a sharp focus on costs and increased use of technology and capital.
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.