Center Economics is an approach to understanding and measuring your center’s financial viability. With this approach, you’ll be able to understand where to invest and what levers to pull to optimize enrollment and profitability. Understanding your center’s economics helps you optimize your current operations while expanding and growing your school. To help you get started, we created The Beginner’s Guide to Center Economics filled with best practices, strategies, data, and more to help boost profitability and lead your center to success. To get the guide for free, download the form at the bottom of this page.
What’s in the Guide?
The Beginner’s Guide to Center Economics covers everything you need to start growing your business. Gain insight into industry data, discover new profitability levers, and measure your performance with key success metrics.
Industry Trends
Understanding industry trends helps you understand what competitors and other centers in the industry are doing to be successful. In this guide, we outline current industry trends, challenges,
and strategies.
Data and Benchmarking
Benchmarking means comparing your center’s business processes and performance metrics to other centers in the industry. In our free guide, you’ll see the recommended percentages your costs should be compared to your revenue. We also outline the most important questions to ask yourself when operating your business along with profitability levers to boost revenue.
Profitability Levers
There are a number of ways to increase revenue at your center that you might not have thought of. Adding different programs, offering expanded hours, and reducing discounts are just a few of the ways we’ve seen centers boost profitability.
Key Success Metrics
Key success metrics are how you monitor your center’s growth and performance. By measuring revenue, tuition, staffing costs, and more, you’ll get a clearer picture of what’s working and what’s not at any given point.
Interested in learning more?
Download your copy of the Beginner’s Guide to Center Economics
Fill out the form below and you’ll receive the guide in an email.
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