Page 50 - Entrepreneur-November 2018
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Franchisee



                                                                                      realized that if you want to work
                                                                                      in childcare, you have to love kids,
                                                                                      period. That’s not something I
                                                                                      can teach. Now I’ve had staff with
                                                                                      me for more than 10 years, which
                                                                                      makes me very proud. They’re the
                                                                                      people we’ll promote within our
                                                                                      three locations.

                                                                                      As you expand, how do you
                                                                                      market to new communities?
                                                                                      RAJ: We try to get involved with
                                                                                      the local community—when
                                                                                      people meet you in person,
                                                                                      they’re able to connect with
                                                                                      you. In North Brunswick, for
                                                                                      example, they have Heritage Day,
                                                                                      and we go there, have giveaways,
                                                                                      hire a magician to keep kids
                                                                                      entertained. We also used to do
                                                                                      storytelling events at the local
                                                                                      Barnes & Noble.
                                                                                      VEENU: And we host parents’
                                                                                      night out in local restaurants.
                                                                                      They give a certain percentage
                                                                                      of sales back to the Lightbridge
                                                                                      Academy Foundation, which sup-
                                                                                      ports anyone in the Lightbridge
                                                                                      community who needs help.

                                                                                      I’m sure that with childcare,
                                                                                      word of mouth is also pretty
                                                                                      valuable to your business.
                                                                                      RAJ: We are the only business
                                                                                      that sees its customers twice a
             aj and Veenu Parkash are seasoned business owners. After they married, in the ’90s,
                                                                                      day, five times a week. When par-
             they owned and operated a garment business in Manhattan while raising their young   ents leave their children—their
             family in the New Jersey suburbs. But after eight years of that, they wanted a way to   most prized possessions—with
             work closer to their kids—which is why they became franchisees of an East Coast–based   you, they have to trust you. That
       R early childhood education center called Lightbridge Academy. Despite their past expe-  bond is so important, and a lot of
       rience, launching this business felt like starting from square one. The two longtime entre-  our families stay with us for eight
       preneurs tell us how they hit reset on their careers, learned the ins and outs of an unfamiliar   to 10 years as their children age.
                                                                                      When you’re there for your cus-
       industry, and earned the hard-won trust of their community’s parents.
                                                                                      tomers through thick and thin,
                                                                                      they tell their family and friends.
       What attracted you to      Other ventures like retail   What was one of the big-
       Lightbridge Academy, coming   or restaurants intrigued us,   gest challenges you faced   It sounds like this operation is
       from the garment industry?   but they required such long   when you first signed on as   still a significant time commit-
       RAJ: Our daughter was actu-  hours, including weekends.   franchisees?         ment. Has it given you the free-
       ally enrolled in Lightbridge   We knew the Lightbridge   VEENU: I spent two years   dom you’d originally hoped for?
       Academy in New Jersey when   model, were very impressed   training at other Lightbridge   VEENU: The first center we
       we were running our garment   by it, and knew it would work   facilities while we got our first   opened was tough—we rarely had
       business in Manhattan. And   for our family, because it was a   location built, and I learned a   any family time. But we knew we
       on 9/11, we could not get to   Monday-through-Friday oper-  lot about what I wanted from   would have to give away a year or
       her. From there, we wanted   ation. But we knew absolutely   my staff. But hiring was still a   two of our lives before it would
       an opportunity that would let   nothing about childcare—it was   challenge. I hired a lot of people   get better. And it did. You have to
       one of us stay close to home.   a big gamble.        I ultimately had to let go. I   pay a price for success.


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