The shocking truth about childcare business longevity will make you rethink your entire approach to ownership. Did you know that a mere 9% of childcare programs survive beyond the 10-year mark? Even more alarming, 41% close before completing their first year, and a staggering 80% shutter before hitting the two-year milestone. These statistics represent real businesses, real dreams, and real investments that vanished—leaving their owners with nothing to show for years of hard work. What separ...
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The shocking truth about childcare business longevity will make you rethink your entire approach to ownership. Did you know that a mere 9% of childcare programs survive beyond the 10-year mark? Even more alarming, 41% close before completing their first year, and a staggering 80% shutter before hitting the two-year milestone. These statistics represent real businesses, real dreams, and real investments that vanished—leaving their owners with nothing to show for years of hard work. What separ...
Building a Resilient Childcare Business: Strategies for Thriving Amid Economic Challenges
The Childcare Business Coach
19 minutes
9 months ago
Building a Resilient Childcare Business: Strategies for Thriving Amid Economic Challenges
Are you ready to transform your childcare business into a resilient asset that thrives even in economic storms? Join me, Evelyn Knight, as I share insights from my 17-year journey navigating the ever-evolving landscape of childcare. Learn how to tackle the economic challenges of 2024 brought on by subsidy changes and financial setbacks, drawing inspiration from Southwest Airlines' innovative problem-solving ethos. I reveal strategies for diversifying income without burdening parents, ensuring...
The Childcare Business Coach
The shocking truth about childcare business longevity will make you rethink your entire approach to ownership. Did you know that a mere 9% of childcare programs survive beyond the 10-year mark? Even more alarming, 41% close before completing their first year, and a staggering 80% shutter before hitting the two-year milestone. These statistics represent real businesses, real dreams, and real investments that vanished—leaving their owners with nothing to show for years of hard work. What separ...
