Childcare Anchor Operators
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Every year in January we take in K2 students in our student care centre from all types of childcare /kindergarten centres. Just wish to say that private ones produce students who r better prepared for primary one. Why? I thought because private ones charge higher fee, so got better quality teachers. From what I read here, doesn’t seem to be the reason. Hmm…
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I believe the anchor operators scheme was originally devised to :censored:
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An average private conscientious operator will attempt to make a profit of $150 - $200 per child.
So, if the centre has a capacity of 50, the profit should be around the region of $7,500 to $10,000 per month - an amount which I feel that it’s reasonable coz the operator gives up her job, throws in money for the investment to take risks, and then slogs with multiple problems.
If this private operator can have that kind of $1,000 rental (in fact only about $500 if the capacity is only 50) with subsidies in staff salaries, set up costs, etc, she just needs to charge about $350 - $450 per child to make that $7,500 to $10,000 quite comfortably.
One of my centres has rental of above $30,000 per month and my payroll is above $40,000 per month. With this kind of fixed cost and I still want to make a decent profit, how to tell me not to ‘exploit’ parents? Large part of fees are use to give the landlord and to feed the staff’s families.
I am still not sure how the new anchor operators system will come up. I foresee it will not be a good sign coz these new anchor operators will really squeeze out most of the private operators with their cost advantage and yet not really benefiting the society in general. If they manage to open 100 centres but 70 - 80 private centres close, then the market net opening may be 20 - 30 centres (probably leaving the more premium brands around). In that case, really might as well nationalised all the preschools in Singapore.
My centres are good centres and I am not so worried about competition from anchor operators coz it’s different ‘league’. But those mid range ones that originally can serve some families may have to fold. Govt always says if you cannot compete, then too bad and have to ‘consolidate’. But 鸡蛋 how to really 碰石头?
Honestly, I still cannot figure out this ‘brilliant’ idea of the govt on more additional anchor operators. Maybe I am just daft…
Feeling disillusioned. Probably just sell all my centres to those overseas big players and then take my money and retire. It’s just not easy to do business in Singapore. If there’s a mass market, then one may start to see the NTUC, etc, etc, coming in… -
insider:
Feeling disillusioned. Probably just sell all my centres to those overseas big players and then take my money and retire. It's just not easy to do business in Singapore. If there's a mass market, then one may start to see the NTUC, etc, etc, coming in...
You know, this is my exact sentiments. But I will feel bad to my existing parents because they enrolled their children with us because of our promise. If I sell, then it is like breaking our promise to them. But if I don't let go, you may see me in the headlines - dropping dead in a childcare centre. -
eh......
how come so kelong one
purplely want to squeeze out the smaller players
and force the masses to eat your lousy product
and still say this lousy product is good because it is 'subsidized'
this is the big problem when all the fat cats are ka ki lang
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Hi Childcare operators, if you are keen to sell your business, please contact me for a discussion…I’m interested in taking over profitable operations. Thanks
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meowal:
meowal ah,insider:
Feeling disillusioned. Probably just sell all my centres to those overseas big players and then take my money and retire. It's just not easy to do business in Singapore. If there's a mass market, then one may start to see the NTUC, etc, etc, coming in...
You know, this is my exact sentiments. But I will feel bad to my existing parents because they enrolled their children with us because of our promise. If I sell, then it is like breaking our promise to them. But if I don't let go, you may see me in the headlines - dropping dead in a childcare centre.
don't move first.
the anchor operators matter like quite 'messy' now.
Until now they still cannot pin down the details for announcements. (to me, they 左右为难).
they seem to be caught in-between suddenly coz got so much opposing and doubting voice and my hunch is they will come out with some 'good deals' 'reluctantly' for all to 'co-live' coz they have KPI of X number of centres to meet before GE2016 (meaning they cannot anyhow force private operators off the cliff else may not be able to meet KPI).
go munch some popcorns and hang on there to see how they gonna unfold their 把戏...
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