Mary Chant looks at the pros and cons of purchasing a new nursery during the downturn
It is stating the obvious to say that we live in difficult economic times but the nursery sector is reporting mixed fortunes.
Like the curate’s egg it is ‘good in parts’. Occupancy is up in some areas where parents are returning to work or working more days but down in other areas where unemployment has struck harder. Read on »
Sustainability funding does not create a level or fair laying field for childcare businesses. Read on »
The economic crisis has increased parental demand for day nursery places for their children, says the Christie and Co Business Outlook 2009 report.
This latest report provides further evidence that nurseries are coping better than other businesses with the current recession. Read on »
The past few years have seen large corporate organisations dominate the day care sector, with 2007 seeing Australian based ABC acquire Busy Bees and Leap Frog, delivering a strong corporate presence into the sector. Since then ABC have continued to increase their portfolio of nurseries by focusing on single owner operator outfits to add to their sizable group.
Mid 2008 saw confidence in the financial markets deteriorate, and as a result this affected the pipeline of many corporate acquisitions, despite the strong message that the care sector remains a strong area of focus for many corporate lenders. Read on »
The National Day Nurseries Association (NDNA) asked 30 day nurseries what the early impact of the recession has been on their business and received a mixed response.
Research by the NDNA has revealed that nurseries across Britain are experiencing mixed financial fortunes under the initial impact of the credit crunch. Read on »
Ian Murchie provides some valuable advice on fending off unwanted affects of the recession.
Despite real reasons for optimism within the Day Nurseries sector, many operators are also feeling the affects of the current economic environment, with increasing fuel costs impacting margins and rising unemployment creating a degree of uncertainty around future occupancy levels. Read on »
If your college or nursery has a short supply of nursery places or is oversubscribed, you need to contact Childcare Business Partnership. We are keen to work with learning providers, hospitals and employers to help provide accessible, quality childcare.
College and university nurseries are in short supply and those that do exist are often oversubscribed with long waiting lists, according to student parents. Read on »
Nurseries are reporting a rise in the number of babies being brought in, as mothers are cutting short their maternity leave and returning to work early.
Article courtesy of Nursery World Magazine –
www.nurseryworld.co.ukBabies who are looked after by grandparents as informal care have more behavioural problems by the age of three than those in nursery care, new research suggests.
By Catherine Gaunt, Nursery World, 25 February 2009
Article Courtesy of Nursery World magazine – www.nurseryworld.co.uk Read on »