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The COVID-19 pandemic has created a <a href="https://www.usatoday.com/story/news/nation/2020/08/02/back-school-covid-19-coronavirus-virtual-learning-child-care-concerns/5554925002/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=how-lightbridge-academy-supports-working-parents-who-need-to-get-back-to-the-office-2715018" target="_blank" rel="nofollow">challenging scenario</a> for parents across the country; whether working from home, continuing to engage in essential work, or getting back into the office has become necessary, working parents have needed support as they balance work and family responsibilities. Now, as more and more parents begin to return to the office, child care is becoming even more important. That’s why <a href="https://lightbridgeacademyfranchise.com/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=how-lightbridge-academy-supports-working-parents-who-need-to-get-back-to-the-office-2715018" target="_blank" rel="nofollow">Lightbridge Academy</a> has enhanced its procedures to ensure parents feel safe bringing their children to the early education and child care center.When the pandemic hit, <a href="https://1851franchise.com/lightbridgeacademy">Lightbridge Academy</a> initiated the <a href="https://www.prweb.com/releases/lightbridge_academy_announces_the_lightbridge_promise_as_the_gold_standard_in_the_child_care_industry_for_cleanliness_security_and_peace_of_mind/prweb17209788.htm?utm_source=1851franchise.com&utm_medium=article&utm_campaign=how-lightbridge-academy-supports-working-parents-who-need-to-get-back-to-the-office-2715018" target="_blank" rel="nofollow">Lightbridge Promise</a>, a program that reinforces the company’s top priority to ensure the health and safety of all of those in its <a href="https://lightbridgeacademy.com/vision?utm_source=1851franchise.com&utm_medium=article&utm_campaign=how-lightbridge-academy-supports-working-parents-who-need-to-get-back-to-the-office-2715018" target="_blank" rel="nofollow">Circle of Care</a>. One of the program’s new solutions was to bring in an air purification and filtration system — the same system used in the NYC subway system —&nbsp; that uses an advanced oxidation process to continuously purify air and surfaces. Lightbridge Academy has also enhanced protocols to ensure the health and safety of children and staff members at its centers.According to Lightbridge Academy President Gigi Schweikert, the heightened protocols have helped parents feel confident to bring their children into their learning centers. She hopes their centers can provide a much-needed relief as the Solution for Working Parents® during these difficult times by providing a safe environment."We are laser-focused on helping our families get through this difficult time together,” said Scheikert. “We know it is an honor to provide child care, and we do not take our responsibility lightly. When parents trust us with their children, we must do our best to ensure the safest and healthiest centers."Kristen McCarthy, parent and Lightbridge Academy client in Philadelphia, said that Lightbridge Academy has done everything to ensure she feels safe bringing her son, Oliver, there. COVID-19 hit just when she was looking for a new daycare center closer to home, but after meeting with Lightbridge Academy’s team, she felt assured that her son would be in excellent care in a healthy environment.“This whole past year has been a new experience with us as new parents,” said McCarthy. “As you can imagine, parenting is a new experience from start to finish, but doing so amid a pandemic is a whole different challenge. This all hit as well when we were trying to change daycares, but Lightbridge did everything to ensure we felt safe bringing Oliver. We live ten minutes away from Lightbridge, and, while we’re still working from home, we can be so close in case of an emergency. They were wonderful and met with us before the building of the center was even complete. We love the teachers who are there, and we’ve made a few friends within the daycare. We couldn’t be happier with the community.”For Founder and CEO Guy Falzarano, the most important thing their centers can do right now is help parents feel confident returning to the office. With so much going on right now, he says, child care should be an area where they know they are receiving top-tier and safe service."Since founding the brand, we have always felt strongly about setting out to provide the best early education and child care experience on the market,” said Falzarano. “Now, this is a clear evolution of that goal. Our priority has always been to do our best to protect the children who come into our centers, and we certainly are doing everything within our capabilities to live out that promise.”

How Lightbridge Academy Supports Working Parents Who Need to Get Back to the Office

1851 Franchise

By adding a variety of new procedures and protocols to protect its students, Lightbridge Academy is ensuring the health and safety of the communities it serves.

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How much can franchisees make? It’s a question many prospective owners ask before investing in a franchise. While earnings tend to be driven by variables such as industry, location and general management skills, a proper understanding of the key factors driving profitability can help franchise owners develop expectations that are realistic.&nbsp;Multi-unit franchisee&nbsp;<a href="https://www.linkedin.com/in/mangesh-patel-9368569/">Mangesh Patel</a>, who’s readying the launch of six&nbsp;<a href="https://www.beefobradysfranchise.com/">Beef ‘O’ Brady’s</a> restaurant locations in the Macon, Georgia area, shares insights from his franchising experience.<h2>Understanding Franchise Income</h2>Keeping operational costs in check can have a major impact on overall earnings. Taking a proactive approach to expenses such as food and labor, as well as payroll and scheduling, can help align actual franchise income with general expectations for the business.“I just had a meeting with a couple of people, and they said, ‘You talked about a 25% profit margin, but I’m only doing 12%.’ So, I looked at the figures they sent me,” Patel said. “Their&nbsp;<a href="https://1851franchise.com/calculate-restaurant-franchise-profit-2730476">restaurant</a> food cost was running at 37%, which should be around 30%. The national average is about 32%. If I do things correctly, my average food cost needs to be at or below 30%. And payroll should run around 18%. But many people run 25 to 28%.”So,&nbsp;<a href="https://1851franchise.com/unraveling-franchise-earnings-how-much-can-you-really-make-2723935">how much can franchisees make</a>? Here are five areas to consider.<h2>Practical Tips for Prospective Franchisees</h2><ol><li>Control Costs From Day One:&nbsp;It’s important to monitor payroll, food and supply costs closely. Overstaffing and inefficiencies can quickly reduce profits.</li><li>Plan For The Opening Surge:&nbsp;Traffic within the first few months of opening is likely to be higher. It’s important to adjust staffing and inventory accordingly, and pay close attention to how those levels change as time goes on.</li><li>Invest In Training:&nbsp;Properly trained workers can help reduce waste and improve overall service, which has a direct effect on net income.</li><li>Understand Your Market:&nbsp;Each market is unique and revenue potential will vary depending upon location, demographics and competition.</li><li>Track Metrics Regularly:&nbsp;Food cost percentages, labor ratios and weekly sales data act as key indicators operations may need to be adjusted.</li></ol><h2>What Profitability Really Comes Down To</h2>Patel notes that if franchise owners manage labor and costs properly, it’s not impossible to achieve strong cash flow even in the first year, bucking some franchising trends.So,&nbsp;<a href="https://1851franchise.com/how-much-can-you-make-as-a-franchise-owner-2724761">how much can franchisees make</a>? While results tend to vary, careful planning, disciplined operations and a proactive approach to assessing initial costs are essential. But by grasping and guiding the elements that drive franchise profitability, franchise owners can maximize overall business earnings, scaling a business that’s sustainable financially over the long term.Want to learn more about franchise opportunities on 1851 Franchise? Be sure to visit our&nbsp;<a href="https://1851franchise.com/power-rankings">Power Rankings</a> to read more on brands making moves.

How much can franchisees make? This guide explains what drives franchise earnings and how to manage costs, with expert tips from multi-unit owner Mangesh Patel on maximizing your franchise income.

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Building&nbsp;<a href="https://1851franchise.com/how-do-you-build-a-franchise-business-plan-2717037">a business plan</a> is a crucial operational step for any entrepreneur. But how do I build a business plan for a franchise that complements the franchisor’s system while addressing the unique needs of a given location? In this guide with expert tips, you’ll learn how to craft a thoughtful, actionable franchise business plan.<h2>Start With The Franchisor’s System In Mind</h2>So, how do I build a business plan for a franchise? Well, avoiding repetition is a good start.“You specifically don’t want to duplicate what your franchisor is doing,” said long-time multi-unit&nbsp;<a href="https://www.solafranchising.com/">Sola Salons</a> franchise owner,&nbsp;<a href="https://www.linkedin.com/in/haynes-chidsey-6a36a06/">Haynes Chidsey</a>. “There’s a reason why you join a franchise system and why you pay the fees and costs associated with it.”A strong franchise business plan should take advantage of the resources, marketing and operational systems that the franchisor provides (while utilizing daily experiences at the local level to help fine-tune what matters locally).<h2>Focus On Local Priorities</h2>A franchise business plan should be&nbsp;<a href="https://1851franchise.com/strategicfranchising/how-to-build-a-strong-franchise-brand-presence-in-your-local-community-2729771">locally focused</a>. It should reflect the unique characteristics and needs of each local market. It’s essential to identify opportunities to attract local customers, build relationships within the community at the local level and tailor services to the regional preferences required by each market.“Be complementary to what your system provides,” said Chidsey. “Stay locally focused. That’s what I would say is key. Avoid mistakes by focusing on the magic.”<h2>Practical Steps For Building Your Plan</h2><ol><li>Assess Both Market And Competition – Build a thorough understanding of local demand, competitors and potential customer base. This will lead to more informed projections. &nbsp;</li><li>Define Financial Goals – Include startup costs, ongoing fees and revenue expectations in the business plan. Staffing, rent, marketing and working capital should all be factored in. &nbsp;</li><li>Leverage Franchisor Resources – Incorporate the systems, training and support offered by the franchisor (instead of reinventing processes). &nbsp;</li><li>Set Operational Priorities – Decide which areas require hands-on local management (as opposed to areas guided by the franchisor). Focus energy where it’s most impactful. &nbsp;</li><li>Review And Adjust – A business plan shouldn’t be static. So, track performance, adjust strategies and refine priorities as the franchised business scales.</li></ol><h2>The Takeaway</h2><a href="https://1851franchise.com/chapter-3-developing-a-franchise-business-plan-2722586">Creating a franchise business plan</a> is about balance. With a clear plan that integrates franchisor resources and local insight, franchisees can confidently move forward, knowing their businesses are structured to thrive. Leveraging a proven franchisor system to make smart, locally relevant decisions is key. By slowing down to go fast, and catering to the local trends or demands unique to each market, zees can more effectively build a roadmap and franchise business plan capable of delivering long-term success.Want to learn more about franchise opportunities on 1851 Franchise? Be sure to visit our&nbsp;<a href="https://1851franchise.com/power-rankings">Power Rankings</a> to read more on brands making moves.

How do I build a business plan for a franchise?

How do I build a business plan for a franchise? In this guide with expert tips, learn how to build a plan that leverages franchisor resources, focuses on local priorities and brings long-term success.

How Lightbridge Academy Supports Working Parents Who Need to Get Back to the Office

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