Discovery Point Blog
Take Control of Your Future with a Child Care Business
Are you currently investing your time and energy into work that empowers your local community and offers a pathway to financial independence? If your current career does not fit these criteria, it may be time to think about making a change that allows you to take control of your future. Opening a child care business offers numerous opportunities for entrepreneurs who want to take their future into their own hands and feel fulfilled by the work they do.
Tips for Transitioning to Child Care Business Owner
Becoming a business owner is not something that happens overnight. It requires time, plenty of research, and some difficult decisions. However, once you have finally achieved your dream of becoming a business owner, you can look to the future with a greater sense of control and confidence.
If you are on the lookout for some inspiration and a roadmap towards business ownership in the child care industry, check out our top tips below for going from employer to child care franchisee.
Learn as much as you can from your current experience.
While you may be dreaming about business ownership and already taking steps to get there, it’s important that you don’t overlook any opportunities to build experience and transferable skills in your current role.
Learn as much as possible and make the most of the chance to sharpen your skills in areas such as communication, management, customer relations, and marketing. You’ll be tapping into your knowledge in each of these fields to your role as a child care business owner.
Gather trustworthy data to support your decision-making process.
Data is key in any business decision, and you should rely heavily on data when planning your transition from employee to business owner. Take a close look at the numbers surrounding the child care industry, particularly recently published data and forecasts.
This will help you build a more accurate business plan and growth strategy. This knowledge will also ensure you’re not surprised by any challenges business owners in the industry commonly face.
Find mentors to engage with.
Surrounding yourself with people who have taken the leap to become business owners can help you gain confidence in your decision and silence any nagging fears. Ask questions about their experience, and learn from the mistakes they made. Putting a support system in place before you make any big decisions will go a long way in helping you feel less alone as you pursue your passion.
Be prepared to put in the work of opening a child care business.
Many people dream of business ownership because they believe being a business owner is less work than being an employee. However, most business owners will confess that it feels like they never stop working, at least in the early days.
Check in with yourself to make sure you are ready to put in the hours that are required to get a business up and running. If the thought of extra work makes you sweat, you may need to table the idea of business ownership for now.
Lean on your franchisor for support.
When you choose a franchisor that offers comprehensive support, you will be able to rely on the help of experts with all the little details that could otherwise feel overwhelming. Take advantage of this support every step of the way by giving your all to the training opportunities available, asking questions at each stage of the process, and trusting the business model that the franchisor has perfected rather than trying to make tweaks.
Are You Ready to Take the Leap to Open a Child Care Business?
Purchasing a franchise from Discovery Point can help fast-track your path to business ownership while setting you up for success thanks to our years of industry expertise. We offer comprehensive franchise packages that include everything you need to get started, from an in-depth training program to help with site selection and building construction and even furniture and equipment.
Perhaps most importantly, we’ll always be here to support you in your role as a new business owner, enabling you to take control of your future without having to go it alone.
For more information about opening a Discovery Point child care business, contact our franchising team at 770-623-1140. We look forward to introducing you to our franchise opportunities and helping you take the next step towards achieving your dream of business ownership.