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...
Surviving Economic Cycles in Child Care with Cindy Lehnhoff Director at National Child Care Association
The Childcare Business Coach
37 minutes
7 months ago
Surviving Economic Cycles in Child Care with Cindy Lehnhoff Director at National Child Care Association
Running a successful childcare business requires more than just a passion for children—it demands business acumen, adaptability, and sometimes making tough decisions. Cindy Lenhoff, Director of the National Child Care Association, brings four decades of industry expertise to this eye-opening conversation about navigating economic cycles in the childcare sector. Drawing from her journey from accidental preschool teacher to vice president of the second-largest childcare company in America, Cin...
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...