As you might imagine, all of this checking takes time. Above all encourage positivity and remember to celebrate your staff and setting. You have rejected additional cookies. My issue is that we have been told by nursery that it is an ofsted rule that nursery staff cannot wake children from their sleep and that it is the rights of the child to sleep. I sold it last year as a 68-place nursery with a before- and after-school club and minibus. Im now working alongside the new owner for a handover period, which is giving us all time to gradually adjust. People have seen how resilient the sector is and lending has remained in place so while the banks, and well-funded, cash-rich investors are supportive of the sector, people will continue to invest. With around 90% of day nurseries still small and held in private hands, all this represents something of a threat to the livelihoods of thousands of less-than-hard-nosed nursery practitioners. Some are directed at the manager, others Room Leaders, and so on. At all stages in the recruitment process (and in life generally), it is imperative that you do not adopt any attitude of discrimination. With specialist nursery brokers Redwoods Dowling Kerr reporting enquiries rising by a staggering 142 per cent since lockdown it is currently very much a sellers market. Offers only become binding once it satisfies any stipulated conditions you may set out. I did feel I was being deceitful when I told staff that the valuer was from an insurance company, but I did not want staff and parents to be unnecessarily worried. And the children are well-behaved and happy. In this case, you can choose to register either with Ofsted or with a childminder agency. You must register with Ofsted unless you plan to work with 3 or more people in someone's home. Whether you start from scratch or buy, what size of nursery should you take on? The two most important things not to on the day are: The main rule is: Keep calm and stick to what you know and do well. And thats not surprising. For an Ofsted Good rated nursery, you usually receive a brief, 1-day inspection as they provide for all childrens needs and prepare them well to continue their education journey. They will be able to oversee each aspect of the sale and give professional advice. It is a continuous process that guides our decision making and drives our individual and collective practice forward. Jenna Caldwellfor buying advice on01772 775763/, 07525 592988 / jenna.caldwell@redwoodsdk.com, Robert Yatesfor sales advice on01772 775759/ 07812 366958/ robert.yates@redwoodsdk.com, MA Education 2023. Check whether you should be registering as one of the following instead of as a daycare organisation: OFSTED's report history is another important consideration. Only individuals who will have certain roles can apply to register a daycare. To help us improve GOV.UK, wed like to know more about your visit today. When business owners looking to sell their business need practical legal advice, delivered by sector experts, they turn to Truelegal. If you have a particular question relating to your sector, get in touch and well get Kate on the case. It could mean the difference between making an offer or not, and save you time, money and sleepless nights. In particular, s/he will be able to get a copy of the lease and help you understand the significance of its provisions. The building belonged to the Mormon Church, and they wanted to sell it in order to expand. View our step-by-step answers. Make The Early Years Inspection Handbook familiar and readily available. Buying a Nursery Or Pre-School? Avoid Costly Mistakes - True Legal It is no secret that your Ofsted nursery inspector will need to review certain important documentation during their visit. It was exhausting and made harder because I had to keep it secret from my staff so I did not jeopardise the sale. Ms Caldwell agrees, The childcare market, or any market regardless of sector, is always going to be strongest when the buyer market outweighs the supply and that is very much the case. Weve never done this before, Ensure that all staff have a clear understanding of the Early Years inspection handbook, Audit your setting against the grade descriptors in the Early Years, Ready all documents and tidy anything necessary during the 24 hours notice period, Notify parents immediately and encourage them to be a part of the inspection process, Establish an open and honest dialogue with the inspector from the outset, Be able to provide evidence of the high quality care being provided at your setting, Be ready to demonstrate that all children's needs have been assessed in the context of the Covid-19 pandemic, Be prepared to discuss policies and procedures at your setting - and how they place paramount importance on children's well being, Ensure that your learning walk is well-prepared and highlights the positives at your nursery, Also provide evidence of reflective practice - with relevant examples, Encourage staff to focus on their valuable contributions and achievements during the inspection, Help prepare staff by familiarising them with expected questions and encouraging calmness with open discussions on previous inspection experiences, Try not to panic and remember not to attempt anything new or untested on the day. When Redwoods Dowling Kerr initially contacted me two years ago, I was actually quite offended at the thought of selling, but it got me thinking and later I was interested in receiving a valuation. You may find once you start running the business that youre not completely happy with all the staff and that some of them will be less than entirely happy with you. You can configure the nursery exactly as you want to. . Buying a Nursery: Ofsted and Assignment of a commercial Lease by Seb Wals | Dec 13, 2018 | Blogs, Healthcare, Nursery Like any commercial matter, the buying of a business and property can often be daunting task trying to understand and undertake. Dont include personal or financial information like your National Insurance number or credit card details. What was your childs starting point and what stage of development are they in now? Obviously take on a few to begin with and gradually increase staff as children's numbers rise. Do not ignore this. The building was to be sold by Sealed Tender. By signing up you agree to our terms and conditions and privacy policy. Critique your profit and loss account. Ofsted Requirements: How to Take Your Nursery to Outstanding Islamic schools trust praised by Ofsted brands gay people 'evil' Our Blossomers are able to link all observations to both EYFS and Montessori frameworks, as well as track observations and child development to show the inspector what the 3 Is mean at their setting. It will also have a link to an overview page where you can check the progress of all these connected applications. Thankfully, there is a better way to make sure that business continuity is not lost. Buying an out-of-school club is a similar process to buying a nursery - and believe me, I made mistakes. Choose a broker on their experience, references and whether you feel you can have a good working relationship with them. So, it is worth checking what the most recent reports show. Manage your staffing requirements from a centralized system. Especially if there is pressure to boost the rating. Specifically, your inspector will examine: How do you know that what youre doing at your setting is making a difference? If you decide to go forward with an interview, ask them to bring along their certificates and other evidence of qualifications. To register as a childminder with Ofsted, you will need to be looking after other families' children in someone's home. This includes audited accounts for the past three years, projections for the current and following years, registration documents, Ofsted reports and property valuations. Price: 450,000. What Are The Average Solicitors Fees For Buying Or Selling A Business? Need help with Blossom? Section 5: The leadership and management of the Early Years provision. According to the handbook, they will: Based on evidence gathered (and the criteria set out in part 2 of the handbook as set out above) your inspector will put forward a grade for your setting. 04002826. With this check, you make sure that prospective employees are legally able to work within the UK. We decided, for example, that every room in the nursery setting should have one complete wall painted as a mural depicting a different scene. Pay extra attention to part 2 of the handbook for your Ofsted nursery. To help us improve GOV.UK, wed like to know more about your visit today. buying a nursery: ofsted. OFSTED. Get what you need to become a better teacher with unlimited access to exclusive free classroom resources and expert CPD downloads. days its also crucial that you dont overlook two other matters which commonly cause problems and costly delay for first-time buyers of childrens nurseries: How will the Governments 30 hours free childcare scheme impact on the Childrens Nursery sector, How to avoid 2 common problems when buying a childrens day nursery, Buying a Childrens Nursery School business, Selling your Childrens Nursery or Pre-School business. Boosting your rating from an Ofsted Good nursery, to an Ofsted Outstanding nursery will not happen overnight but its clear that its not impossible either. This is another matter that commonly causes problems for buyers of childrens day nurseries. It was 15 wonderful years, but my daughters are now grown up, and I turn 50 next year so it felt the right time, says Bambi Nicolas, whose nursery sale went through in July. Step 3. The nature of these inspections covers such things as suitability of premises, staff, resources and activities, ratio of adults to children, and health and safety. What buyers are looking for in a nursery is very personal. Nurseries across the UK use Blossom to increase efficiency across their finance, learning journeys, operations & occupancy. Fairly large registrations those with a capacity of over 60 are still predominantly of main interest to acquirers. This sets the tone for your setting overall. I was surprised to be told how unique my nursery was. One mai Kate Truman, Solicitor (Non-practising): Business Sector Research and Marketing at Truelegal Solicitors: Kate qualified as a solicitor over 25 years ago specialising in intellectual property and technology businesses. The impact of this self reflective practice takes us [children, staff and parents] from strength to strength.. Resource packs to supercharge your planning, I would like to receive regular updates from Teachwire with free lesson plans, great new teaching ideas, offers and more. Other than that, people want much the same as before. Nursery Franchise Opportunities For Sale | FranchiseDirect.co.uk You will always need on site, at all times, a qualified first aider and a nursery supervisor (With qualifications of at least a level 3). Nursery groups are the quickest, best-resourced and easiest people to sell to, but will not normally look at anything with fewer than 50 places 70 or more is usually preferable. Its sensible to think about your eventual exit before you enter into a purchase. Staff training for safeguarding practice and procedures, Make staff feel confident and calm (see what we did below! Personal Development. I would encourage anyone considering their exit within the next two years to contact us to discuss if now is the right time for them to exit, he says. Wed like to set additional cookies to understand how you use GOV.UK, remember your settings and improve government services. Ogley Hay Nursery School retains Ofsted outstanding rating for third year in a row By Adam Smith Walsall Education Published: Just now Staff at Ogley Hay Nursery School, Brownhills, are. We know about OFSTED and nursery fee funding; therefore, we can hit the ground running and deliver solutions not problems. Steps to buying and selling Find a confidential broker who has experience in the nursery sector. Overall, make it a celebration of your nurserys achievements and what impact it has made. It is important to consider the positives as well as considering things that dont always go well. While some want a profitable and cash generative business, Robert Yates, head of sales at Redwoods, says others are looking to turn around closed or underperformingsettings to gain healthy adjusted profit levels. Starting from scratch Of course, setting up your own day nursery has a number of advantages. Dont worry we wont send you spam or share your email address with anyone. You can either use the service on this page to apply to register as a childcare on domestic provider with Ofsted, or you can register with a childminder agency. Yes you can gradually build up staff in a new nursery as long as you are always in line with Ofsted ratios. Our main piece of advice is to prepare these the day before the inspection. How do you use your relationship with parents when settling a child? Find out how to register with Ofsted as a nursery or other daycare, and what you will need to tell us about. Dont try to do anything on a tight budget, and dont rely on promises from Ofsted, builders, decorators or indeed anyone else, because at least one of them is bound to let you down, sadly! Please either call us now on 01392 879414 or complete our Free Online Enquiry and we will soon be in touch. The backers wanted an additional report from a structural engineer and conducted an Ofsted-style inspection to check the standard of care and education. Ogley Hay Nursery School retains Ofsted outstanding rating for third Buying A Nursery Business UK | Nursery Solicitors | Sale Or Purchase Remember, Ofsted nursery ratings are important to your parents as well. Buying a Nursery Franchise. Weve saved you the trouble. The government is planning to increase this from 15 hours per week to 30 for all nurseries as of September 2017, but many providers feel that the money the government intends to pay settings to finance these hours barely meet their costs, let alone generate any profit. Unfortunately, this is another straightforward sounding process which can often prove problematic for buyers. Nursery and Garden Centers For Sale - BizBuySell So send out a notification email or text so that theyre not caught off guard. My main mistakes were: Thinking the best of people. Your application to register as a nursery or other daycare will not be reviewed by Ofsted until these 2 steps are also completed. Often when nurseries are expanding, under advice from financial advisors, they will change their company structure. You have accepted additional cookies. In order to gain the best price, ensure you keep your standards high even when you have decided to sell the business. Since 1986, The School Transfer Company has specialised in the sale of nurseries and schools. one of the registered individuals of a school which does any of the following: admits children to their register who are not yet 2 years old, provides care for children under 2 years old where at least 1 child attends for more than 2 hours a day, provides care for children who are not pupils at the school, you are working with 3 or more other adults at the same time, the children are looked after in someones home, either your home or someone elses, background information on childminder agencies on the, your organisations contact details, including individuals who form part of it, the contact details of your organisations nominated individual, details of any previous registration with Ofsted, ensure each person who will be in a governance position. This was a long time ago now 12 years and I sincerely hope the process has changed since. This excited and relaxed energy carried into the inspection the next day which the inspector immediately picked up on. you like learning outside) inform the inspector. Certain. To avoid the possibility of your day nursery being unlicensed for any period youll need to be proactive with the seller early on in the transaction process. How do you monitor/check childrens observations? This one should be obvious, but you always need to check that any prospective early years employee is actually qualified to work with children. 142 Posts. When you have completed this application, you must also: You will receive an email telling you to complete these steps. In addition, the costs of the landlords solicitor (to be met by the seller or buyer by agreement) are often a surprise not budgeted for. It need not be a scary/stressful document. Two approaches. Summary of how to go from Good to Outstanding. This will help you -and your staff- gain a thorough understanding of what an Outstanding setting entails. You will need to register as a daycare organisation if you are running a childcare business where both of the following apply: This is known as providing childcare on domestic premises. Allowances could also be made if a child was hungry or not hungry. Be prepared to show how your childrens needs and wants are being met in the context of the virus. Parents overall satisfaction with the service and care provided to their child (ren). I think there was additional interest because there is lots of business potential. Ofsted quality of education, behaviour and attitudes, personal development, and leadership and management. The law states that under the Immigration, Asylum and Nationality Act 2006, as amended by the 2016 Immigration Act, employers need to check this. For more information, visit schooltransfer.co.uk, You'll also receive regular updates from Teachwire with free lesson plans, great new teaching ideas, offers and more. You can configure the nursery exactly as you want to. Such a claim, for example, may occur if you failed to make sure there was an adequate number of DBS checked staff to look after the children in your care during the transition period. After all the effort put into your setting, it doesnt seem right. Clarify confidentiality arrangements and check what fees will be charged and when (these are likely to be linked to the value of your nursery). Although inspectors will not provide a separate grade for this crucial aspect of a providers work, they will always make a written judgement in the report about whether the arrangements for safeguarding children are effective. A Thornton Heath nursery was rated 'inadequate' after inspectors found children became bored and disruptive after being made to sit for long periods. Those nurseries that have plenty of outdoor space have found the bubbles and social distancing easier than those that dont. The Hidden Costs Of Buying A Bed And Breakfast, Buying A Veterinary Practice?