Business solutions that make child care work for owners and workers
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Covid-19 Exacerbates a Looming Crisis in Child Care
Read ICA’s statement
Find out how ICA can support your child care business
I own a child care center and I’m thinking about improvement and growth
I own a child care center and I want to sell it to my employees
I own a child care center and I’m thinking about retirement
I operate a family child care home and I want to strengthen my business
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Improving & Growing your Business
Operating a successful child care business can be complex. The ICA Group can partner with you to strengthen your day-to-day operations, plan for uncertain times, and explore growth opportunities.
Our business consultants will work with you to assess the strengths and the challenges facing your business and create a user-friendly dashboard to track your business. Based on your goals, our consultants can help you:
- Make strategic decisions
- Increase your confidence in explaining your business to parents and funders
- Plan for long-term business stability and growth
We also work with qualified business owners and partners to expand or develop new child care centers. To support developing child care businesses, ICA provides:
- Market demand analysis
- Competitive analysis
- Staffing analysis
- Feasibility analysis, and facilitates access to financing
Contact us to find out if you qualify for free consulting services
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Fostering Employee &
Community Based Ownership
Many child care business owners want to preserve their legacy and ensure their business continues serving the community long after they retire. Selling the business to its workers can achieve these goals while also increasing staff compensation, retention, and engagement in the business. ICA is a national leader in employee ownership. Contact us to receive a free consultation and explore whether employee ownership conversion is right for you and your business.
Worker Ownership: Frequently Asked Questions for Child Care Businesses
Worker Ownership: What does it mean for child care workers?
Six Myths About Worker Ownership
Case Study: The Rose Garden
4 Reasons selling your business to your employees is good for you, your staff and your community:
- You can realize a higher gain selling to your employees.
- The sale can happen gradually, at a pace that suits your needs and that you can control.
- Employee owned firms are more profitable and faster growing than traditional companies.
- It rewards employees and strengthens your community.
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Planning for Retirement & Succession
Although it can be hard, planning for your eventual exit from your child care business is one of the best things you can do to enhance the value of your business, ensure your legacy, and achieve the retirement you desire. Contact us to find out if you qualify for a free exit planning consultation.
Exit Planning Resources
Whether retirement is around the corner or years away, it’s important to have a plan. Explore these resources to learn key considerations for planning the next chapter for your business.
Ensuring Your Legacy
A Guide to Exit Planning for Child Care Business Owners
Exit Planning Chart
Common Ownership Transfer Options for Child Care Businesses
Understanding the “fair market value” of your business can help you plan for the future of the business and your retirement. Review these resources to better understand what a buyer might pay for your business and how to increase this value.
What’s it Worth?
A Guide to Determining and Increasing the Value of your Child Care Business
Watch our webinars
Learn more about the creative and technical aspects of growing your child care business.
What will your FREE consultation include?
Our exit planning staff will work with you to help set exit goals and determine your financial needs for retirement. After this consultation you will receive:
Business health check and cost of care analysis
Analysis of business value drivers and tips to maximize value
A summary of paths to exit the business
There is no cost and all information remains strictly confidential.
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Strengthening Family Child Care
The ICA Group is working to make it easier and more profitable to operate family child care homes. We are creating purchasing cooperatives that offer shared services and resources that meet local needs. Through cooperatives, family child care businesses can maintain independence while lowering operating costs and raising profits.
CoRise Cooperative is building a provider-led network to ease providers’ administrative load and reduce other business-related burdens, while lowering their costs, and creating access to new forms of revenue for greater financial security.
Family child care providers in Chicago and Springfield, IL met to co-design digital tools for family child care providers.
The Family Child Care Coalition opens doors for family child care providers by offering unique professional development opportunities and sharing evidence-based practices to provide excellent care and elevate the family child care industry.
Video Profile: Laverne Cheeseboro from the Family Child Care Coalition shares why she’s working to build a network of support for family providers in Philadelphia.
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