There are few more rewarding sectors to work in than childcare. While playing an important role helping young people live healthy and active lifestyles, you’ll also be reaping all the benefits of being your own boss. Here are some of the many advantages of running a childcare franchise.
With more money than ever being spent in the childcare industry, a growing number of ambitious franchisees are turning their efforts to starting a childcare franchise of their very own. If you’re wondering whether this is the right career opportunity for you, here are some of the advantages to running your own childcare business.
Why start a childcare franchise in 2022?
All sectors of the economy are looking to make a comeback - and childcare is no exception. There are thousands of childcare providers in the UK, and with this industry valued in the billions [Children England], you could be the next caregiver in this busy environment.
And what better way to get the most out of this sector than franchising? Giving you access to the assets, experience and training of tried-and-tested franchises whose years of success are now yours to learn from, this business model is unparalleled in its security and profitability.
With all our attention turning to the future, start a franchise in the childcare sector and begin on the career experience of a lifetime. Still not convinced? Here are 6 other advantages to running a childcare franchise.
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6 advantages to running a childcare franchise
1. Job security
With the weight of an industry-leading franchise business helping you along every stage, the job security of franchises is excellent. While no businesses can ever be said to be invincible, franchising gives businesses owners a lot more security when it comes to planning for the future.
Childcare franchises are known for their resilience, meaning that if you weren’t sure about starting your own business due to the potential risk of closing, franchising might be the perfect business model for you.
2. Being your own boss
It’s the dream of millions of people to be their own boss and work for their own business. But where many people won’t ever get around to making this a reality, franchising is your way forward. As your own boss, not only will you be calling the shots, making calls, processing invoices and dealing with some of the back office sides to your business, you’ll also be on the front line and working with children every day. And the best news is that you’ll be doing it to a routine that suits your needs - not somebody else’s.
From flexible working to working routines that fit around you - being your own boss has never been so much fun.
3. Financial freedom
Franchising is excellent for your financial freedom in two key ways. First, when it comes to starting your franchise, you’ll need to make a minimum investment. For Banana Moon you would need to invest around £60,000, while for Creation Station you’d need to make a minimum investment of £7,999.
To help you get the right financial support, many lenders or franchisors will help you get attractive loans to finance your business. Because franchising is known for its excellent survival rates, your business is seen as a safe investment, meaning you shouldn’t have to worry about steep repayments.
Secondly, your childcare franchise will be profitable. Sticking to a tried-and-tested business plan and making use of the expertise at your disposal, you can turn your franchise into a very successful business.
As a franchisee, you’re never on your own. From tutors and mentors who have years of industry experience to like minded franchisees all around the country, there are plenty of resources open to you that can help you develop.
And that’s not all. You can expect to be having detailed and comprehensive conversations with all kinds of different stakeholders - whether they be suppliers or customers. You’ll be a part of an extensive network of people who want to see you succeed.
>> Read more:
- 5 Advantages of Franchising for Young People
- 9 Things to Know Before Becoming a Franchisee
- Mythbusters: Common Misconceptions About What Makes a Successful Franchisee
- 5 Great Reasons to Become a Franchisee
- Franchising 101: Are You Ready to Become a Franchisee?
- Franchising 101: 6 Things to Know Before Becoming a Franchisee
5. Starting at the top
Unlike your smaller and independent competitors, you won’t need to spend thousands building a brand and getting it recognised. You’ll instantly be a part of a recognised brand, with an already existing customer base and well developed brand identity. You’ll be cutting straight to the chase and starting your business with plenty already behind you.
If nothing else, working with children and their parents every day is as rewarding as it gets. You’re playing an essential role in ensuring that children grow up healthy and happy and you’ll love seeing children you’ve worked with grow up to thrive. If being your own boss, creating some exciting revenue and having freedom in how you work isn’t enough for you - this is anything but a nine to five job.
Every day, and child, is different, meaning that you’ll be going into each new day having no idea how you’ll be tested and pushed - ensuring you never lose that enthusiasm.
Become a childcare franchisee today
There are so many reasons to become a childcare franchisee. In this healthy and exciting sector, you’ll be going straight in at the top with a leading franchise to help you throughout.
But if you’ve decided that this maybe isn’t the right sector for you - why not have a look at the UK franchise directory. There are thousands of other franchises out there in a whole host of other sectors. You’re sure to find the right opportunity for you.
Elliott Fudge, Point Franchise ©