
Not Your Average Education Franchise
December 3, 2015
The Franchise Process: Development of your Childcare Franchise and Building Your Dream! – Part II
January 26, 2016When you invest in your future with a Creative World School child care franchise, we invest in you too. Our experienced team will help you get off to a great start when it comes to building your facility and financing your child care center.
We know there are many phases in the franchising process, but we are there every step of the way. Below are examples of how Creative World School supports our new franchisees along the way:
Site Selection
We assist the new franchise owner in retaining a qualified commercial realtor in the area to identify potential sites for the school. We supply a demographic comparison of the sites selected including population, income, and number of children ages 1-4 within 5 miles of the site. Creative World School also analyzes the direct competition, their tuition, and enrollment levels to assist in the decision of the best site. Once a qualifying site is found, our team assists in negotiating the best contract price for the land.
Financing
Once the site is under contract and the land price is known, we’ll assist in applying for Small Business Administration financing through a local bank. The purchase contract will be contingent upon satisfactory financing and the new franchise owner will get a commitment letter from the bank to assure that financing is available.
These initial phases in the Franchising Process can be very stressful. The Creative World School team is committed to supporting our franchise owners.