Why It Makes Sense to Start an Early Childhood Education Business Over Starting from Scratch

kids raising their hands inside the classroom

Whether you’re looking to become your own boss or are in need of a change of scenery, starting an early childhood education business can be a lucrative career choice that grants you more freedom and independence. But how do you know if you should invest in a franchise or start from scratch?

There are a lot of factors to consider to determine what’s best for you. For instance, if you have some business experience and are looking for more support and guidance along the way, franchising could be a great fit for you. 

At Ivy Kids, we’ve designed our early learning franchise opportunity to help you break into a growing and essential industry with our support. The early childhood learning center industry is valued at $15.2B for 2023, and many areas of the country are in dire need of childcare options. Parents recognize the importance of high-quality childcare to set their children up for academic success and are willing to invest in schools they trust. 

Opening and operating an early childcare center allows you to help fulfill the need for more childcare, sustain a financially rewarding business, and achieve a work-life balance. Providing quality childcare not only supports your local community but is critical for the economy so parents can return to work.  

With childcare designated as an essential service in one of the fastest-growing franchise sectors, there’s plenty of opportunity to bring Ivy Kids to your community!

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early childhood education business

Starting an Early Childhood Education Business from Scratch Considerations

You might be thinking: Childcare is easy: why do I need a franchisor? A lot goes into opening and operating an early learning center, and when you start from scratch, you’ll have to figure out much of that on your own. 

Independent business owners are responsible for everything. While there’s great freedom in this, there are many aspects you’ll have to take on by yourself. You’ll have to consider marketing and advertising costs as you create and build your brand identity. You’ll have to perform trials and errors when it comes to materials and supplies while developing relationships with suppliers. You’ll have to track overhead and operating expenses, as well as costs for upkeep, maintenance, and repairs. You’ll have to stay on top of your own research and development, as well as any membership fees for professional associations and expenses related to continuing your education. Not to mention navigating the many intersections of insurance and legalities that come with childcare.

It’s worth noting that independent businesses have a higher failure rate. Some 25% fail within the first year, 50% fail within five years, and 30% stay in business for 10 years. Franchising has a much higher success rate – 92% of franchises were still in business after two years, and 85% after the first five years. 

Why You Should Consider an Ivy Kids Franchise Opportunity

Ivy Kids is uniquely positioned in the early childhood learning center industry because we’ve been there. We ran our centers independently for 15 years before we began franchising, we still own them today, and we’ve never had to close a center. When you consider our franchise opportunity in the education sector, you’ll gain the knowledge and experience we’ve gained over the years with the reassurance that we’ve taken all factors into consideration.

We’re perfectly positioned to help our franchisees take advantage of today’s market dynamics, complete with a fully developed franchise program. We’ll provide everything you need to get your center up and running, with many industry-leading advantages built into our model. 

Our centers feature innovative safety measures, our exclusive Brain Bites nutrition program, our proprietary curriculum, a family-focused business model, comprehensive training and support at every stage of your journey, and much more. Parents love our programs and services, and they, in turn, provide our franchisees with a return on investment.

If you’re looking to start an early childhood education business, you don’t have to go it alone: choose Ivy Kids!

Contact us today to learn more about franchising with Ivy Kids and what our early childhood education franchise opportunity offers.

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