This year Lightbridge Academy celebrated 25 years as Innovators in Educational Child Care®. As Chief Executive Officer of Lightbridge Academy®, Gigi Schweikert is responsible for overseeing the strategic direction for the company, managing the vision, brand and business strategies, while also driving growth and profitability for the franchise system and the corporation.
Schweikert began her career with Lightbridge Academy over a decade ago working alongside founder, Guy Falzarano to build a high-quality educational child care program and franchise system. In 2021, Schweikert was promoted from President to Chief Executive Officer. Under her leadership, Lightbridge Academy has grown to more than 68 schools in 10 states.
Why is Child Care a Hot Franchise Category?
The pandemic highlighted just how critical child care is for economic development. It is a “need” throughout the United States and a meaningful industry that supports and sustains the country’s workforce.
According to a recent article published in The Wall Street Journal, American women are returning to the workforce, helping to fuel economic growth amidst high inflation and rising interest rates. As we have moved back toward “normalcy,” interest in child care franchising is at an all-time high. The children’s services industry continues to grow at a tremendous pace and according to a recent study published by Grand View Research revealed: projected to become a $73.8 billion dollar category by 2027.
Lightbridge Academy was recently rated by the FRANdata Fund™ Score as being in a Low Default Risk category. This distinguished category rating provides access to the best credit terms available and fixed rate financing with low equity payments. It is a statement about the strength and resilience of both the child care category and the brand.
What Differentiates Lightbridge Academy from other Child Care Brands
Our core values and Circle of Care philosophy create a supportive culture that empowers all those in our franchise family to work together to create a one-of-a-kind educational experience for the children we care for and the families who cherish them.
No one meets the needs of the working parent better than Lightbridge Academy. It takes flexibility to meet the needs of the changing modern American family and we have proven to be organizationally nimble. We go beyond traditional educational child care, with a forward-thinking approach offering real time technology that keeps parents connected to their children, with the highest levels of security with silent alarms and facial recognition, and enhanced health and safety with air purification and filtration systems.
Importantly, our proprietary Seedlings Early Childhood Education Curriculum meets the standard of accreditation for the Association for Early Learning Leaders and National Accreditation Commission for Early Care and Education Programs. It is designed to provide a high-quality educational program focused on the development of the whole child.
Why Do Over 60% of your Franchises Own Multiple Units?
While many franchisees begin with a single unit, I am proud to say that their experience with the brand, the value they receive from their own success, and the ability to make a difference are key factors in the decision to expand us. Also, franchisees recently experienced first-hand how economically resilient the industry really was.
The Lightbridge Academy franchise model is designed to provide predictable revenue, generate high customer and staff loyalty, and leverage white space in the educational child care market through innovation. It appeals to entrepreneurs who relish the opportunity to shake up an industry while protecting their investment. Lightbridge Academy provides the critical support they need to succeed — utilizing the latest technology, research, intensive training, business coaching, and best-in-class educational programming and child development models.
On an individual level, franchisees enjoy a better quality of work/life balance. They love knowing that they can make a difference in the world while also creating a legacy for their own family.
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