When you purchase an existing centre, a range of specific notifications must be made to various departments to ensure legislative documentation requirements are met.
Prior to the transfer of the business, you need to be … Read the full post »
Archieve
How to Ensure a Smooth Take Over of an Existing Childcare Centre
Setting up Your Childcare Centre – Post Build
Planning for this should begin months before as suppliers need considerable lead time.
This article examines some of the many tasks you need to undertake whilst the build is in process, so you have everything … Read the full post »
The Design and Development Phase of a Childcare Centre
The selection of suitable land and probable childcare sites were covered in the last article. This article looks at the importance of appropriate and compliant design.
Design:
Mistakes made at this phase … Read the full post »
LABOR PROMISES BIGGER CHILDCARE SUBSIDIES
The cost of childcare is one of the major expenses for a young family if both parents wish to be in the workforce. Of course, a single parent … Read the full post »
11. THE FIRST STEPS INVOLVED IN DEVELOPING A CHILDCARE CENTRE
Establishment of Childcare centres can take place in high rise buildings and in more traditional ground level locations. Nonetheless, … Read the full post »
10. WHAT IS A QIP AND WHY DO I NEED IT?
An Approved Provider must ensure that their childcare center has a Quality Improvement Plan (QIP). This must be updated regularly to reflect … Read the full post »
9. THE ROLE OF THE APPROVED PROVIDER
The Approved Provider. (AP)
An Approved Provider is the only one who has the authority to operate all preschool or long day care services. Therefore, this … Read the full post »
8. OWNING A CHILDCARE CENTRE
If childcare center ownership is an ambition you hold dear, you need … Read the full post »
7. HOW MUCH TO PAY?
Like any
business, a childcare business is all about the amount of profit you can
reasonably expect to make from the business. Businesses trade on a declared
price to earnings factor which can also be described as a Return
on Investment … Read the full post »
6. INCOME, EXPENSES, AND PROFIT!
Many people ask us about how much a childcare center should make. Every center is a bit different depending on rent levels, type of staffing, the amount spent on resources, etc. A center with a summary of typical … Read the full post »
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