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

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Download The Child Care Business Expansion Guide Today!

Are you a Family Home Child Care provider? Have you been thinking about Expanding Your Child Care Business?

Not sure what steps you need to take to move your Business out of your home? Do you have some anxiety or worries about taking on the over head of a center?

If you answered yes to any of the questions above, The Child Care Business Expansion Guide is for you!

I know first hand how to Effectively Expand a Child Care Business from my home to a Center. Furthermore, I have discovered what it takes to operate a Successful Child Care Center.

In fact, I owned and operated a NAFCC Accredited Home Daycare for over five years and I expanded my home daycare into a Commercial Location in 2003 and I am Still in Business Today!

Many of the Child Care Business Start-up books on the market today are written by people who have never operated a Child Care Business and there are very crucial details that are missing from their books, because they have not had the first- hand experience of actually operating a Child Care Business.

Moreover, this is why I believe that my Child Care Business Expansion Guide will be beneficial to you, because I have first-hand experience in Starting-up, Operating and Expanding a Child Care Business.

I am so excited to share my Expansion story with you and eager to provide you with the information that you need to expand.

After reading my book (The Child Care Business Expansion Guide) you will be empowered to take the necessary steps to Expand your Child Care Business From a Home based Business to a Commercial Business.

Download Your copy of my ebook today and Activate your Dream of Owning a Child Care Center. I did it and You can too!!

Download Your Copy Today!

buy now
 

 

 

Much Success To You!
Shiketa Morgan

 

 

Category:

Business Expansion, Business Management, Child Care Center, Expansion, Uncategorized

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To Lease or To Buy?

rent-vs-buy

Do you own a Child Care Center? Are you leasing or buying your Building? I signed a lease my first Child Care Center in 2003. In fact, at the time that I was searching for a building for my first Child Care Center  and  I preferred to lease.

Leasing just seemed to be an easier route for me back in 2003. There was no closing cost and I didn’t have to put down 20% of the price of the building.

Furthermore, if I discovered that my first location was not great, I could leave at the end of my lease and not worry about having to sell the building.

After leasing the building for 11 years, I have decided to buy the building. It has been established that the location is profitable and also, after speaking with a banker and doing lots of research on the owning the building, it is in the best interest of your business to own the real estate.

Furthermore, after doing the math, owning the real estate increases the value of your business and it makes sense in the long run to buy the building.

For example, for 11 years I paid over $24,000 a year to lease my building. However, I have discovered that a mortgage could save me $12,000 a year! Now that makes sense to me and I could use another $12,000 a year in my budget!

If you have been leasing your building for at least 5-10 years, its probably time for you to buy your building and increase the value of your Business. In the event that you decided to sell your Business, you will get more for the business, if it comes with the real estate!

Are you currently looking for a building? Not sure if the location is a profitable location? I’m not a real estate expert, however, I believe that it is safe to say that you may want to lease the building for at least 3- years, before you commit to buying it.

Do you Lease or Do you Own Your Building? Leave your thoughts below…

Shiketa

Think about expanding? Schedule your Expansion Coaching Session with me today! 

Resource Articles

http://www.bizfilings.com/toolkit/sbg/office-hr/your-workplace/business-facility-lease-or-buy.aspx

http://www.inc.com/guides/2010/07/how-to-purchase-commercial-real-estate.html

Category:

Business Management, Start a Child Care Business

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