Why Do Owners Sell Their Daycare Centres?
You might wonder — if daycare centres are a good business, why would anyone want to sell one? This article will discuss the common reasons.
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Can You Buy and Sell a CWELCC-Enrolled Childcare Centre?
If you’re wondering whether it’s possible to buy or sell a childcare centre that is enrolled in the CWELCC (Canada-Wide Early Learning and Child Care) program, the short answer is yes—but it must be done through a share purchase.
Can You Buy and Sell a CWELCC-Enrolled Childcare Centre? Read More »
Pathways to Becoming a Daycare Operator: What Are Your Options?
If you’re an aspiring daycare operator, you might be wondering what your options are for entering the industry. Generally, there are two main paths: building a daycare from scratch or buying an existing business. Each of these paths has several sub-options, depending on your background, experience, and risk tolerance.
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New Daycare Operator Readiness Checklist
This article is a checklist designed for new operators who plan to lease.
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The Myth of “Location First” in Starting a Daycare
There’s a common misconception—often held by those without business experience—that opening a daycare center is simply about choosing a location in a high-income neighborhood. In many cases, this becomes the sole focus, as if success is guaranteed by the right postal code.
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Are You Qualified to Open a Childcare Center?
This is an important question. What Makes You Qualified?
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Traits of Successful Daycare Operators
After speaking with a couple of hundred daycare operators, it has become clear that there are two distinct groups in the industry. One group runs very successful businesses—whether they are part of the CWELCC program or not—while the other group is so stressed and overwhelmed that they are considering leaving the business altogether.
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Myths of the Aspiring Daycare Operators
There are many false beliefs that aspiring daycare operators hold, and basing an entire business on these misconceptions can be a recipe for failure. It is dangerous to assume that success will come easily without verifying key facts. Unfortunately, many aspiring owners neglect to conduct thorough research, either out of laziness or blind optimism.
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Process for Buying a Childcare Centre Business
This article discussed the entire process of buying a childcare business.
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Buying Commercial Property: Due Diligence Checklist
Purchasing a commercial property for the first time can feel overwhelming. The terminology might be unfamiliar, and the tasks required for thorough due diligence (DD) may seem extensive. This article aims to outline key aspects of the due diligence process, offering a comprehensive overview rather than a strict to-do checklist. Every property is unique, and your intended use will heavily influence what needs to be validated during the due diligence process. We will discuss Survey, Environmental Site Assessment, Record of Site Condition, Site Plan Approval, Minor Variance, Conservation Authorities and Heritage.
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