Childcare Franchise Trends
Demand for Educational Childcare
“The considerable overlap between child education and child care franchises is one notable feature throughout the industry. As Richard Peterson, vice president of Kiddie Academy told us in regards to the need for early childhood education, “There’s great demand for quality child care right now. It used to be that a parent was just interested in daycare, but now they’re interested in quality education [as well]. Also, the brain is developing at that early age and a brain peaks at age three and at the age of five, 70% of that brain is developed.”
What does a franchisor want in a franchisee?
“We look for folks that see a need in their community and want to fulfill that need in their community for education. We look for folks that certainly enjoy and love children and like to have fun as well as a Monday to Friday schedule,” says Richard Peterson of Kiddie Academy. A customer-oriented philosophy is also a trait many franchisors look for in potential franchisees.”
For an overview of the report, visit Franchise Direct.
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