Want to learn how to start a nanny business? We’ve got the answers you need, and understand just what it takes. We pride ourselves on making it as simple as possible to own a childcare business. We’ve established a few basic requirements for franchisees based on our many years in the industry. In our experience, franchisees who meet these requirements are most likely to thrive in their new role with College Nannies, Sitters and Tutors. Read on to review a few of them for yourself.
Financial Requirements
Setting up a business with CNST will likely cost between $105,000and $173,000, so we’re looking for franchisees who are prepared to manage this investment. We’ve found that franchisees with a net worth of around $350K and liquid funds totaling $50K are best able to support their business during the early stages while they are still finding customers. Of course, we welcome our franchisees to seek out financing to cover the cost of the investment.
A Territory with Great Potential
Owning a childcare business with CNST is a great opportunity because we’re always looking out for our franchisees’ best interests. One way we do this is by setting them up with a territory that has strong potential for success. We’re always conducting demographic research into which areas have the potential customer base to support a thriving CNST franchise. When you express interest in franchising, we’ll check out your territory to ensure that there are enough qualified families in your area to provide you with a strong opportunity for growth.
Our Ideal Franchisee
We pride ourselves on having developed a business model that’s accessible to a wide range of franchisees. There’s not any particular skillset that’s a must because we provide franchisees with comprehensive training and support throughout the life of their business. Having a college degree is a helpful qualification, but it’s not a must.
Click to Discover a Common Type of Franchisee
Corporate employees who are looking for a better way of life. These franchisees are tired of putting their hard work and talents to use for someone else’s profit. They love that owning a childcare business with CNST gives them the chance to work for themselves, be involved in their local community and enjoy all the related perks.
Click to Discover a Common Type of Franchisee
Parents who are ready to re-enter the workforce. These franchisees have spent years raising their kids and are ready to go back to work, but want to enjoy the flexibility to continue focusing on their families. CNST franchisees can set their own schedules and delegate tasks as they see fit, making ours a great opportunity for this group.
If either of these descriptions sound like you, you’ll be in good company with CNST!
Want to learn more about how to start a nanny business? Check out the Investment page for more information.
