Nursery World - Spotlight on…Mandie McCutcheon

Owner of 3 Bears Nursery in Renfrew, Scotland

WHY DID YOU DECIDE TO INVEST IN THE CHILDCARE SECTOR BY BUYING 3 BEARS?

I’ve always loved spending time with children, and the sector gives a great opportunity to make a real and very worthwhile difference. It’s also a very attractive business as it has longevity, is recurring, has strong demographic, societal and public policy drivers, and offers good returns. All while making a difference and having fun!

WHY DID THE PURCHASE OF 3 BEARS RENFREW APPEAL TO YOU?

After choosing the childcare sector, I set criteria for nursery businesses in order to narrow down my search. These included their history and how long they’d been established, their quality, as evidenced by Care Inspectorate and Scottish Social Services Council ratings and parent feedback, a qualified, expert and loyal management and staff team, and a strong financial performance. 3 Bears Renfrew quickly emerged as the clear and compelling candidate on all fronts. From here, I was able to secure a business loan from Barclays to complete the purchase.

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