I am thinking of starting a Childcare Center, what are the advantages of buying an existing Childcare center business?
Unknown Results. An existing childcare center business will have a history for you to make decisions. A start-up will have unknown future results. Avoid one to two years of losses and no profits. A new day care center can take a year or so to build, during which time, you are not making any money. As a matter of fact, until a new center hits the breakeven level, you would be losing money. Ease of Investigation. To buy the right childcare center business, you should thoroughly investigate it. This includes its past activities, operations, current status, the competition, customer base, the industry and its future potential. You will then determine how it would do with you as the owner. This information gathering should be substantially more accurate and easier to obtain when dealing with an existing childcare center. Infrastructure. By buying an existing childcare center you would have the benefit of purchasing a company that has an infrastructure including customers, suppliers, employe
