Childcare is heavily subsidised so you’re pretty much getting free money from the government if you operate one. The parent company of a lot of childcare centres are private equity firms you’ve never heard of so they strip everything out of them and try to run the centres with as few expenses as possible.
It’s more insidious than it looks too. A lot of centres that look independent are part of a larger chain. They either give them different names or don’t change their names after acquisition so they seem small. There are two childcare centres across the road from each other in Epping with different names, but are owned by the same parent company.
Childcare is heavily subsidised so you’re pretty much getting free money from the government if you operate one. The parent company of a lot of childcare centres are private equity firms you’ve never heard of so they strip everything out of them and try to run the centres with as few expenses as possible.
It’s more insidious than it looks too. A lot of centres that look independent are part of a larger chain. They either give them different names or don’t change their names after acquisition so they seem small. There are two childcare centres across the road from each other in Epping with different names, but are owned by the same parent company.