Inspirational and Empowering Child Care Business Owners To Build Successful Child Care Businesses

Archive for the ‘Business Management’ Category

One Decision Could Change Your Business

In 2013 I noticed that my enrollment began to decline. I had a great marketing plan and a child care program that Parents loved. I refused to quit and kept working on building enrollment, holding open houses and inviting parents to help me spread the word about the center.

Then in 2014, I knew it was time to expand the Business. In fact, I had been at that location for over 12 years and it seemed like the need for childcare was declining in the area.

Over a course of 2 years I lost about 80,000 in income and the business was struggling. Then in August 2014, I received a text message from my massage therapist. In the test message was a photo of a Child Care Facility.

I looked at the picture message and I thought, this could be my new building that I’ve been dreaming of. So, I contacted the Owners of the Building, signed the lease 60 days later and moved into the Building December 1, 2014.

I must say that, moving into that location was the one of the best decisions that I could have every made!

My income has increased, My Assistant Director and I spend our days conducting tours, I have 8 new employees. Most of all, my business is no longer struggling, because I dared to make one decision: Expand!

Furthermore, My business moved only 10 minutes a way from the old location and it made a dramatic difference in enrollment. If your enrollment is low, it may not be your marketing plan, it simply may be a matter  of you making the decision to relocate or do something different. ” If you want something different, you have got to do something different.”

I look forward to reading your thoughts and comments…

Shiketa

Check out my Child Care Business Expansion Guide or contact me today to schedule a Personalized Business Coaching Session!

Category:

Business Expansion, Business Management

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Creating Your Professional Development Plan

You must have a plan to be a Successful Child Care Business Owner!

At the beginning of every year, I create a professional development plan for my self and I require that my staff create their very own professional development plan.

Furthermore, I believe that creating a professional development plan is a sure way to grow as a Business owner and a Child Care professional. So, let me ask you a question? Have you developed a professional development plan for this year yet?

If not, I want to share with you a sample Professional Development plan for the upcoming year!

  1. Plan to attend a Leadership Conference every year. Your Business will rise or fall on your ability to lead. Not sure where to go? Check out the Chic Fila Simulcast or a live conference this year. click here You will be so glad you attended a Leadercast!
  2. Create a Plan to earn the required clock hours for your state. I suggest that you take a variety of classes on various topics such as: Curriculum development, Health & Safety, Program Planning, etc.
  3. Subscribe to a Business Magazine. Reading business magazines will inspire you to be innovative in Business and adds more excitement to being a Business owner! My favorite is the Entrepreneur Magazine.
  4. Read more early Childhood magazines and articles. This is also a great way to stay up to day on new issues in the field of childcare and to refresh your knowledge.
  5. Get a Business Coach! Having a Business Coach, provides you with the support that you need as a Business Owner and a good coach with coach you out of your comfort zone. Need a coach, contact me today!

That was just a brief overview of what a professional development plan looks like, however, I think you get the point; you must have a plan to be a Successful Child Care Business Owner!

To Your Success,

Shiketa Morgan

Category:

Administration, Business Management

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