How Do You Buy A Daycare Business?
A daycare is a place where parents leave their babies and small children while they work. Daycare workers and owners make sure that infants, toddlers and young children have their physical and emotional needs met while their parents are away. A daycare may be part of a larger chain, or it may be a small center owned by a single person. The decision to purchase a daycare will usually involve several factors. Step 1 Decide what kind of facility you want to purchase. Are you interested in taking over a small local business with just a few children, or would you prefer to be part of a national chain? A local business may offer a loyal client base and have a business model you could easily adapt or revise. Larger businesses may have access to more resources but require compliance with more rigid rules. Step 2 Carefully examine the financial records of the daycare business. Records should include expenses such as daily food costs, electricity and employee hourly wages. Wages should also incl
