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The Rise of the ‘Carebnb': Is This Home-Based Model the Future of the Childcare Industry?

Belinda Luscombe

October 21, 2020 |

Time Magazine |

Text |

1500-3000 Words

Response Location: United States

Tech entrepreneurs are franchising childcare services and helping small providers match with those in need of local, home-based childcare. These franchises provide administration services such as payroll, insurance, scheduling, billing, and even mentorship which allows smaller providers to focus on their day-to-day operations. With offices shuttered in the wake of the pandemic, parents look to smaller local childcare options in order to minimize exposure to COVID-19. The franchises have also been involved in reversing local policies that have adversely affected their home-based childcare providers.

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