Nursery World - Nursery Chains: Business

Times may be tough, but with the right strategies nursery groups can prosper and grow. Mary Evans tests the market.

The country's financial turmoil is bearing down on the early years sector, but many of the larger corporate providers and chains are weathering the storm surprisingly well.

Ian Murchie, relationship director in the Healthcare Team at Barclays Corporate, says, 'Many of the larger providers or chains seem to be performing well despite the current economic challenges. Many are reporting like-for-like performances on a par with the previous year or, indeed, improving performance. It seems to come down to quality.

'Those which have got a really good reputation are doing well and if their settings are located in the right areas, they might not even have been affected by the economic climate.'

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