2020 has been undoubtedly a turbulent year not only within Singapore, but also around the world. Many industries have been heavily hit by the pandemic and the accompanied measures taken by the Government to rein in the spread of Covid-19. All around the country, we have heard of businesses having no choice but to terminate their operations in the wake of Covid-19.
In Singapore, around 3,800 companies ceased operations in April, while elsewhere in the world, global companies like Muji, GNC, J Crew, Hertz, Thai Airways and Virgin Atlantic filed for bankruptcy.
Thankfully, the childcare industry has been left relatively unscathed by the destruction wrought by this economic hurricane. As the country slowly looks to return towards a new normal, the people are also now looking towards what is the next recession proof investment.
Here Are 3 Reasons Why a Childcare Franchise is a Good Investment to Consider in a Post-Covid World
If you are thinking that it may be an opportune time to consider investing in the early childhood education sector, and wish to find out more about our Franchise model, do reach out to us today for a commitment-free consultation!