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

Posts tagged ‘Daycare expansion’

Are You Ready For Business Growth?

building blocksThe year was 2007 and I thought I was ready to expand into two locations. So, I began to look for a second location. I found a building that was about 15 miles from my current child care center at the time.

I called my license specialist, I set up a time for her to view the building. The building and the location was perfect, however there was one issue; I was not mentally ready to manage two locations grossing in over one million dollars in revenue.

In fact, I had only been operating my first Child Care Center for only four years and I was struggling with managing staff.

So, I decided to not open that second location in 2007 and I decided to increase my knowledge in Business and pursue a business degree.

In 2010, I completed my Business degree Online at the University of Phoenix and I am proud to say that was the best business decision I could have ever made.

I have been empowered to do business on a larger scale!  Moreover, I am in no way saying that you need a Business degree in order to manage Business growth.

However, I am saying this; get the information that you need to manage a larger Business. This could include, getting a mentor, reading books on staff & business management. Whatever your plan may be, get prepared before you consider expansion.

Four years after completing my Business degree, I knew in my spirit that it was time to expand. My massage therapist told me about a vacant building that was only 1o -minutes away from my current location.

So, I stopped by to see the building. When I walked on the property, I knew that was my second location.

My Twelve years of experience operating a center along with getting that Business Degree; prepared me to manage a 6,000 square foot building that would be licensed for 99 children with 20 plus employees.

Also, within two years of moving into that location, I opened another location. Now, my vision of having multiple locations has become a reality!

It may not take you 12 years to prepare for Business Growth, however, I  am so glad that I didn’t expand back in 2007, because I believe it would have drove me crazy or drove me out of Business!

Today, I want to share with you, 7 Insightful ways to get Prepared for Business Growth:

  1. Evaluate the State of your Business Financial status. Are you doing a great job managing the budget? Is it vital to your Business, that you expand? Do you have the funds to grow your business?
  2. Evaluate your Business Management Skills. How are you doing managing the current Business? Do you feel like you are a great business manager? Do you feel that you can handle more?
  3. Get a Coach. Do you have the knowledge to operate on a Bigger scale? If not, get a coach or a mentor?
  4. Learn from other Business Owners that are doing Business on a Bigger scale?
  5. Believe you can do it and Trust your Instincts!
  6. Develop a Plan to grow as a Leader. If you are not developing the leader within, you could literally destroy your Business Growth & Success!
  7. Get Organized! The more that you have to manage, the more organized you will need to be.

I want to hear from you! What’s stopping you from growing your Business? Are you ready to grow your Business? Let’s talk….

Shiketa

Recommended Resources:

Child Care Business Expansion Guide

The Art of Owning a Center Audio Series

Category:

Business Management, Marketing

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Are You Ready To Expand Your Family Home Child Care Business?

expansionI want to help you to expand without any Anxiety or Worries!!

I can remember when I was ready to expand my Child Care Business back in 2002. In fact,  After only five years of my daycare being in my home, I wanted my home back!

Furthermore, I knew that it was time to move the daycare out of my home into a commercial location and I didn’t think twice about my decision to expand, I just began to take action!

My entire home was a daycare and there was very little space for my family to live. I had officially outgrown the space I was in. Also, I knew that I needed to reach more families and I wanted to provide a high quality services to more children.

You are probably wondering what steps I took to get prepared for the expansion? Well.….I bought a Center management book, I bought a Curriculum book, I studied major Child Care Chains and I began looking for a building.

To be quite honest with you, I still was not prepared for all that came with operating a Center. In fact, When I opened my center, I was equipped to run a  quality center, however, I was not prepared in the area of Leadership and all that came with running a Child Care Center.

Too many books are written by people who have never Operated a Child Care Center and there are very important details that are not included in many Child Care Business Management books. That is why I am so excited to share my expansion story and empower you to expand with all the tools you need to Succeed.

Are you ready to expand your Child Care Business? Do you want to know what I did to get started? Are you eager to find out why leadership development is so important to your Business Success? Finally, Do you want to find out how to Effectively Manage a Child Care Center?

If so, I want to hear from you? I am planning a Teleseminar just for Family Home Child Care Providers who want to Expand their Businesses!

If you desire to expand, Please post your questions below and tell me why you want to expand. I want to help you to expand without any anxiety or worries!! Talk to you soon….

With Expansion in mind,

Shiketa

 

 

Category:

Child Care Center, Expansion

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