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Preschool and Daycare Discussion
Reply to "Private equity and preschools"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Some franchisors in the preschool space are PE owned but the schools themselves are owned by independent operators. An important distinction. You can have a bunch of schools of the same brand that are completely different. The important thing is how the school owner treats their management/staff and families. Do they prioritize the children and the program and provide good salaries/benefits to attract and retain the best staff or do they cut corners and keep bad staff. Turnover is not always a bad thing at the teacher level. [/quote] PE is still gonna want its money[/quote] Exactly- i feel like the question i always had was- why am i paying so much while the teachers make so little- and this is prob contributing to that imbalance. I dont want to make rich ppl richer with my kids tuition [/quote] Yes. And when you are paying $3k plus per month and there are new teachers every week that is a clear sign your money is not going to the teachers or to effective management of the daycare. Daycare is a tough sector to run a business in for sure but PE lures in UMC families through various ways (employer subsidies, shiny facilities) but don't actually provide better care. It is often (but not always) worse care.[/quote]
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