Last month, Laing and Buisson’s report on the childcare sector suggested that nurseries were simply ‘ticking along’ post-recession, and that cuts to public spending threaten to decrease demand in the coming year.
This news is reflected in the fact that over 500 nurseries were forced to close last year, with many others struggling financially.
As a nursery owner, or manager, do you feel that running a nursery can still be financially rewarding? Is it worth the everyday challenges or are there too many restrictions in place to allow a nursery to be profitable?
Is there any practical advice that has worked well for your business that you could share with others? What would you say to those thinking of starting a nursery business? Does the love of providing quality care outweigh the financial risk involved?
Please leave your experiences and suggestions below to join in with the discussion…