December 18, 2008
Why You Should Start A Day Care In A Recession
We’re all aware of the recession, heard about the continuing economic downturn and are already tired of listening to the doom and gloom emanating from the experts. All of this has you now wondering if this is a good time to start a day care business. Honestly, this could be a great time to start your new child care business. A recession for one business could mean a gold mine for another. Certain ventures will flourish in the toughest of financial times – because they research, identify a niche market and service the need of that market.
People will always require some form of childcare because people will always need to work to make ends meet despite all talk of downsizing and tough times. They may look to change aspects of their child care arrangements due to changes in income and job rationalization. Sadly, one of the first areas to get hit by cost cutting measures is the area of child care – and a recession is sure to see many people re-evaluating their cost of living. More affordable options will benefit due to the exodus from bigger, expensive day care centers.
Read more in my article here: http://www.childcareonly.com/starting-your-business/why-you-should-start-a-day-care-in-a-recession/
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