The UK has undergone a big push to improve the availability, quality and affordability of pre-school childcare and education in recent years. The result is a sector now estimated to be worth £7.5 billion. There are believed to be around 23,500 day nurseries, 59,500 childminders, 9,600 pre-schools providers and 15,000 out-of-school childcare organisations throughout the UK.
Despite all this activity and growth, there appear to be too few places for parents to place pre-school children in order to take advantage of the government funding support for childcare and early years education. If this is a shortfall you would like to help fill, then a preschool franchise could add up to the best success story.
The type of new business start-up you could create, to provide services for babies and toddlers, depends on your own interests, skills and ambitions. But as inspiration, these are just a few of the organisations who have already notched up great reputations and successful business models for pre-school provision.
Monkey Puzzle Nurseries has been growing steadily since 2005, and now has 50 franchisee preschool businesses to encourage. Banana Moon and Little Cherubs nurseries are also looking for new entrepreneurs for their teams. Opportunities to start up in a specialist niche are abundant. This includes, for example, Jo Jingles and Moo Music franchises, or Tumble Tots to promote physical activities.
One of the biggest hurdles facing a new business in preschool services is the huge amount of red tape involved, and meeting rigorous industry standards.
Having the business management support of an organisation which has “been there, done that” can enable you to hit the ground running. You also get a brand parents may well respect and trust, alongside marketing help such as a website. And, of course, access to preferential training and equipment.