Did you know there are over 750,000 franchise businesses in the US, employing over 8 million people?
It’s a testimony to the success and appeal of the business model. People open franchises because the model comes with many benefits not available when starting a business from scratch — and opening a childcare franchise with Children’s Lighthouse is no different!
But while millions of people shop at franchises, eat at franchises, and live near them, there are some myths about doing business as a franchisee that might discourage someone from taking advantage of a Children’s Lighthouse opportunity.
Here, we’ll look at three of them and set the record straight!
You Won’t Have Autonomy with Your Childcare Business
A common myth about the franchisor/franchisee relationship is that you won’t be allowed to run things on your own. In fact, nothing could be further from the truth. While all franchise brands do have specific guidelines and procedures that franchisees must follow (it’s what takes so much of the guesswork out of running your business), the fact is, when it comes to opening a childcare franchise with Children’s Lighthouse, our business model allows for a lot of individuality.
Among other things, you’ll decide who to hire, how you want to structure your time at your preschool, and how you’ll engage with your community to become a valued resource through a suite of services that parents trust and that children love. Best of all, our franchisees often find once they’ve established their early learning centers, they’re able to strike a better work/life balance, one that allows them more time with family and friends. The bottom line is that relying on our franchisees to make important decisions on their own and run their businesses without interference contributes to our brand’s overall success.
It’s Too Risky to Franchise
Starting any business carries with it a certain amount of risk. But franchises are statistically less risky endeavors because of all the effort the franchisor has invested in them. Kinks have been worked out, best practices have been put in place, and the business model acts as a sort of roadmap for franchisees to follow, taking a lot of the guesswork out of day-to-day operations.
Of course, no brand can guarantee a franchisee’s ultimate success. But when you partner with Children’s Lighthouse to open your preschool, you’ll be able to leverage our decades of experience and our deep knowledge of the early learning and childcare industries. Having access to our expertise and resources takes a lot of the work and worry out of starting your franchise, freeing you up to focus on parents and children — and growth!
You Need Industry Experience
Many potential franchisees believe that to be successful, they need a background in the industry they’d like to do business in. But our comprehensive training and support make that unnecessary. From finding the right location for your early childhood education franchise to teaching you everything you need to know about its day-to-day operations and our proprietary curriculum, our comprehensive training and support will prepare you to leverage our business model to the fullest and take advantage of our recession-resistant industry.
We know starting out and staying on solid footing is key to your success, and we don’t leave that up to chance. Our brand is a recognized and respected one due in large part to the hard work of our franchisees and the support we show them for the life of their business.
Are you ready to make a difference in your community by taking advantage of our Children’s Lighthouse childcare opportunity? Let’s get the conversation going! Reach out today.