Better Use Those Gift Cards: The Holidays are upon us. Naughty or nice, everyone has their wishlist and expects gifts. But let’s face it. People have gotten more complicated, particular or, dare we say, picky! That’s where gift cards come into play. According to the National Retail Federation, the most popular gift categories this season include clothing (54%), followed by gift cards (44%), toys (36%), books, video games and other media (31%) and food/candy (30%). That’s a whole lotta of “I’m not sure what I want, so get me a gift card so I don’t spend it.” That’s right! Did you know that any given time 10% to 19% of gift card balances remain unused. And around 6% of gift cards are never even used! Who wins? The companies that sell them. So this Holiday Season, load up your gift cards. Swing by the Starbucks drive thru on your way to Target or wherever else you have your gift cards. Make a day of it! Just be sure to spend them.

Who’s On Top in the Franchise World?

Have you thought about owning a business? But you don’t know where to start? That’s why franchising is attractive to so many new entrepreneurs, especially in the childcare space. A franchise is a business model in which an individual or company (the franchisee) is granted the rights to operate a business using the branding, products and operational systems of an established company (the franchisor). This agreement typically involves the franchisee paying fees or royalties in exchange for these rights and ongoing support. So who were the top franchise choices in 2024 in ECE? Well, according to FranShares, which allows folks to invest in new franchise opportunities, the following are the top ECE franchises in the US (in no particular order). What are your thoughts?

Top Childcare Franchises of 2024

1. The Goddard School

   • Why it's on top: With nearly 600 locations and a well-established reputation, The Goddard School excels in curriculum quality, safety, and nurturing environments. Its proprietary Fun Learning Experience (FLEX) curriculum supports holistic child development. The extensive network and award-winning model make it a leader in the industry.

   • Fast Facts:

     • Locations: 598

     • Franchise Fee: $135,000

     • Startup Cost: $4.3M–$7.6M

     • EBITDA: $2.1M

2. Primrose School

   • Why it ranks high: Known for its Balanced Learning® approach, Primrose School serves children from infancy through elementary with flexible program options. Its large network and high earning potential make it attractive for investors.

   • Fast Facts:

     • Locations: 500+

     • Franchise Fee: $80,000

     • Startup Cost: $651K–$8.4M

     • EBITDA: $2.5M

3. Kiddie Academy

   • Why it stands out: Offers a comprehensive Life Essentials™ curriculum tailored to individual child growth. It also emphasizes safety, staff expertise, and year-round programs, including summer camps and virtual learning.

   • Fast Facts:

     • Locations: 306

     • Franchise Fee: $65,000–$145,000

     • Startup Cost: $370K–$825K

     • EBITDA: $2M

4. Lightbridge Academy

   • Why it shines: Known for its Circle of Care approach, Lightbridge combines child care, parent engagement, and community involvement. The innovative ParentView® app offers parents real-time updates, enhancing transparency and trust.

   • Fast Facts:

     • Locations: 70+ open, 70+ in development

     • Franchise Fee: $40,000

     • Startup Cost: $621K–$1M

     • EBITDA: $2.4M

5. Creative World School

   • Why it's unique: Offers a modern iSTEAM-based curriculum alongside its Exploratorium™ program. Focuses on creativity and innovation for young learners, but its smaller network limits scalability compared to others.

   • Fast Facts:

     • Locations: 29

     • Franchise Fee: $80,000

     • Startup Cost: $4.8M–$9.2M

     • EBITDA: $2.2M

Travel Hacks

We all know that traveling over the holidays can be a huge PAIN in the rear. That’s whey we thought it might be helpful to send a few travel tips that may help in case you are going somewhere for the Holidays!

1. Pack Smarter with Compression Bags

Use compression bags or packing cubes to save space and keep your suitcase organized. This way, you can bring more essentials (or gifts!) without overpacking. Plus, it’s easier to find items quickly, reducing stress at airports or during last-minute packing.

2. Download Travel Apps for Real-Time Updates

Apps like FlightAware or your airline’s official app can keep you informed of delays, gate changes, or cancellations in real-time. For road trips, apps like Waze help navigate traffic efficiently. These tools save time and ensure you’re always one step ahead.

3. Keep a "Holiday Travel Kit" Handy

Pack a small bag with essentials like snacks, a reusable water bottle, phone chargers, toiletries, and an extra pair of socks. Keep it in your carry-on or easily accessible during road trips. This kit ensures you’re prepared for unexpected delays or long waits, keeping you comfortable and stress-free.

Enjoy a stress-free holiday journey! 🌟

YOUR VOICE COUNTS

Is there a topic you want more info on or want to share a funny story? Then let us know! Shoot us a quick email at [email protected]. This newsletter is for you, and well, you should have a say, don't’ you think?