The Voice of Early Childhood12 Feb 2024

Sustainable business growth in early childhood education

For 10% off our conference tickets visit: www.thevoiceofearlychildhood.com/early-years-conference-2024/

In this episode Jordan Tully, an experienced Head of Operations in early childhood, discusses business and profit in education, specifically focusing in on what growth and sustainability looks like, seeking out investment, staff recruitment, retention, working with your local community and marketing your setting. Some highlights include:

Retention reducing unnecessary spend on recruitment
Look at the person and not just the position you want to fill
You can teach someone about the EYFS, you can teach someone to carry out observations...You can't teach someone how to care.
Seeing your staff as an investment in your setting - they are your biggest asset
Providing parents with a service they can only say positive things about...
Parents are the best advocates for your setting - positive parent partnerships affect so many parts of the business.
Understanding your local community - it's vital to do research on your local community - is your setting a right fit for your community?
A recruitment success story

Take a look below at all of the thought-provoking points addressed in this episode...

Episode breakdown:

01:45 - Profit is a dirty word in education...
05:14 - How to secure funding
10:10 - Defining what business sustainability looks like
11:40 - Staff retention: A holistic approach
16:00 - Your staff are your biggest asset
18:07 - Enabling your staff to grow
19:30 - A recruitment success story
21:00 - Recruiting staff who are willing to learn
28:14 - Word of mouth is the best advertising
29:50 - A parent is a customer - a consumer of our services
33:10 - Recruiting staff from your local community
36:50 - Settings closing their business
39:25 - The employee has the greater say
40:45 - Part-time vs full-time staff
44:15 - Are other settings competition?
49:21 - Running a business is hard...

Find out more on The Voice of Early Childhood website: www.thevoiceofearlychildhood.com

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