Description

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In this episode, Erica shares her experience of opening six child care centers and a dance studio in less than 10 years. She discusses how she got started in the child care field and the different ways she opened and operated her centers. Erica provides advice for those looking to open their own child care centers and emphasizes the importance of considering the size, location, and brand of the center. She also mentions the option of franchising as a way to expand the brand while maintaining quality.

Takeaways

• There are different ways to open a child care center, including buying a turnkey center, building from scratch, or purchasing an existing business.
• Consider the size, location, and brand of the center when deciding on the best approach.
• Franchising can be a way to expand the brand while maintaining quality.
• Opening and operating multiple centers requires attention to detail and careful management.
• Sometimes it may be necessary to sell or close a center if it is not the best fit for the brand or not financially viable.

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