The demand for childcare services is drastically increasing over the past years and in Australia, this is a massively booming industry. It was found that the rising maternal workforce participation has boosted the demand for this industry. According … Read the full post »
Some people choose to become childcare centre developers by sourcing an appropriate piece of land and building the centre with the aid of an architect, engineer, town planner etc. This is a much longer and riskier procedure and requires a … Read the full post »
You will need to decide, subject to the availability of funds of course, whether you are in the market to buy a childcare business and pay rent to a landlord each … Read the full post »
Before you can buy a Child Care Centre business you will need to have a Provider Approval. After you contract to purchase a Childcare Centre one of the contract conditions will … Read the full post »
If you are not experienced in childcare and plan to borrow to finance your purchase, your bank will be more inclined to reduce the amount of money they are prepared to lend … Read the full post »
1. HOW MUCH CAN YOU BORROW?
The first step before you start hunting around for your childcare centre investment is to get a good understanding of how much you can borrow. I am … Read the full post »
1. How much can you borrow?
2. Self-managed or professional management?
3. What licences or approvals do I need?
4. Business or building?
5. Income, expenses and profit?
6. How much to pay?
7. Buy or build?
8. Contract … Read the full post »
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