Donna Dailey M.Ed., LREB, SBA, BEC, CVA – Founder & CEO of ChildCareOwner.com, has over 28 years of childcare mergers and acquisition and real estate experience. Donna has been helping people buy, sell, and improve child care businesses since 1995.
As a business analyst, Donna has helped hundreds of childcare owners improve their childcare business’s profitability, financial health, and value.
Donna focuses on creating more ChildCareOwner.com resources and training programs that support the creation of more independent childcare business success stories. And the continued growth of the specialized childcare advisory services available through ChildCareOwner.com
If your goal is to sell your child care business in 2018, you should start the process today. Why? The average length of time to sell a childcare business is about nine months to a year. Yes, you can give your business away pretty quickly by accepting far less than
Most business owners, including the owners of child care businesses, often agonize about selling their business for a few years before making the final decision to move forward and offer the business for sale. A serious look at the business to identify areas in need of improvement should take place
“If it wasn’t for the “paperwork” running a child care business would be more fun.” Unfortunately, the IRS says you must keep records as longs as it may be necessary to support the income and deductions you reported on your business and personal tax return. And, of coursed, the length
When starting a child care business, owners can select from different operating structures – sole proprietor, partnership, a for-profit corporation or non-profit corporation. For simplicity, the various operating structures can be divided into two categories – for-profit and non-profit. The majority of child care businesses operate as for-profit corporations. However,
I have been selling child care businesses since 1995 and speak with hundreds of child care owners and potential buyers each year. In my discussions with child care owners, I often find that they have been planning for years to sell their child care business to a buyer or “type
Your accountant should be looked at as a valuable member of your professional team. A qualified accountant can provide you with advice on your accounting system, tax planning, estate planning, and financial management. What should you look for when choosing the right accountant? Use the 50% Rule – make sure
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