Daycare franchises take the guess work out of business ownership by giving the new entrepreneur good strategies for financial success. With so many single-parent homes and homes where both parents work, safe and excellent daycare for children is in high demand. While at-home centers offer parents a safe and secure environment for their children, some of these places are often little more than a babysitting service. An excellent daycare franchise can boost mental and physical stimulation and challenges for the children that are often not provided in the home of the neighbor down the street. Daycare franchises offer a business-minded individual the opportunity to open a quality, insured, supported center. They range in price from under a hundred thousand dollars to more than three million dollars. Some provide an educational environment and others provide more of a camp environment.
While the focus of one center may be different from another, the services offered by daycare franchises are comparable. Buyers can expect prices for the investor to include help with business plan development, site location, hiring and training staff, and advertising. The extent and quality of these services needs to be researched by the investor as each company offers support for a different length of time and at a different level. The benefit over an independent, home-run daycare center is that the professionalism and consistency of staff and materials is often far superior. The reason for this is not that the independent child care provider is less qualified at caring for children, but rather that the daycare franchise has the benefit of hiring marketers, teachers, and designers who have all worked together to create an eye-catching, efficient business where there is continuity of design and purpose throughout the facility.
The investment will also help new business owners with legal details such as background checks for staff, insurance coverage, income taxes, and employee taxes for a daycare franchise. An investor may even be able to find a company that will offer to provide, for example, payroll services for an additional fee. There is a lot to consider when making the choice to invest because they require a significant monetary investment. Therefore, the length of both the financial commitment and the return needs to be considered. While researching which daycare franchises offer the best goals, the purchaser must consider the resale value and reputation of the chosen company. As believers, we must depend on God's wisdom to make that choice. And once the center is opened, we must give praise to God for His direction and blessing since He provides us with the intellect and the resources to begin our exciting daycare franchise ventures. Exodus 35:31 tells us how God leads those who depend on Him, "And he hath filled him with the spirit of God, in wisdom, in understanding, and in knowledge, and in all manner of workmanship." When we step out in a new investment, working to care for those little ones made in the image of God, we will be entering a calling that will honor God.
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Thursday, October 2, 2008
Daycare Franchise
Posted by Mr Tran at 10/02/2008 08:48:00 PM
Labels: Franchises
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Franchises
10/02/2008 08:48:00 PM
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