Sageworks: Financial Statement Analysis

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Also the Forbes magazine published an article in June’s 2014 edition were they reported that according to The US Bureau of Labor Statistics projects that day care businesses will have some of the fastest employment growth of all industries through 2020, and also, according to data from Sageworks, child day care businesses in the US have consistently grown sales in recent years, even as many other industries struggled in the economic recession and subsequent recovery. Additionally, Net profit margin in the child day care services industry climbed to 9.9 percent last year from 5.4 percent in 2013, according to a financial statement analysis by Sageworks. On other hand, the after school industry has become a necessity for parents who work full

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