|
|
| www.1001TopWords.com |
|
|
Facts About Starting Elderly Group Home Businesses
There's been a recent rise in the number of elderly group home businesses springing up everywhere around the world, what with an estimated one in four families providing care for an elderly relative today. Before you decide to jump on the group home business bandwagon, though, you need to know as much as possible. This brief guide will help. Some questions you should ask yourself before starting a group home business, or any other home business for that matter, are:
The last question is particularly important when it comes to starting and operating an elderly group home business. Because if you're just doing it for the money, you're likely to be overwhelmed by the personal interaction required for this business. Some people are happier working all day long at a computer, not having to deal with other people face to face. Or they prefer detailing people's cars or doing their lawn care to providing personal service that demands constantly interacting with people. Everybody's different, and that's a good thing. Just understand that even if you set up an elderly group home business across town from your own home, you're going to have to deal with people on a daily basis. If you decide that an elderly group home business is just the type of business you're looking for, you'll have to find out what the laws and regulations are, as well as what licenses are necessary in your state. There are certain to be some, and you need to know what they are in case you have to obtain any special certifications. CPR and first aid certifications are two that most states are likely going to require you to personally have. Another thing that you'll have to look into before you buy or rent that house that you think would be just perfect for a group home business, are the area's zoning regulations. This can be a sticky situation in many places, and even if there are no zoning laws or regulations against your opening a group home business where you'd like to, you could well find yourself up against a lot of resistance. It's mandatory that you know this upfront. You can look for another location for your elderly group home business, or you just might decide that this is not the business for you. Funding for group home businesses is not as hard to find as you might think. The Small Business Association, as well as many banks and other financial institutions, can point you in the direction you need to go to find the money you need to purchase a home to start your elderly group home business. You'll want to understand all the terms, conditions, and financial obligations. You'll also want to find out if you must use your current home as collateral. Putting your own house up as collateral may be more than you're willing to risk for any new venture. Insurance for your elderly group home business is something you'll definitely have to have. Liability insurance is mandatory. You'll also need fire and theft insurance. If you plan to offer any type of medical assistance to the people in your elderly group home, you may even need malpractice insurance. Other insurance requirements may also be involved. Learn everything you can about the different types of insurance coverage you'll need, and then shop around for the best prices to obtain the necessary policies you'll need for your elderly group home business. Unless you plan to live in your elderly group home business and do everything yourself. You'll need assistants and personal errand services for the people in your home. Planning for meals, transportation to doctors, dentists, hairdressers, and events, cleaning, and activities are other things that need to be considered before starting elderly group home businesses. You will also want someone to oversee medications and ensure that people receive and take them at the proper times. Starting an elderly group home business is not for everybody, but if it's for you, then you'll find it tremendously rewarding. And in huge demand. Going into the elderly group home business with your eyes open and doing your homework first will assure that your elderly group home business is a successful one. © Copyright Randy Wilson, All Rights Reserved. Randy has dozens of home based business articles such as Start a Mattress Cleaning Service, Unusual Home Based Businesses and Start a Catering Business.
|
|
|
|
RELATED ARTICLES
Small Business Marketing - Clarify Success When you hear the word "success" does it bring on visions of fame and fortune for your business? Have you clarified and articulated what that success will look like for your business and how you'll know when you've achieved it? Reverse Merger: Have They Taken the Reverse out of Reverse Merger? Are the promoters and consultants destroying the market for Reverse Merger? First lets take a look at reverse merger. In a Reverse Merger, an operating private company merges with a public company that has little or no assets, nor know liabilities (the "shell"). Breaking The Chains! Everyday, customers and business owners are bombarded with billboards, logos, print and electronic ads from huge corporations. With annual ad budgets that are more than our businesses' SALES in an entire year, our small independent businesses are getting squeezed out of consumers minds (and wallets) more and more each year. But the good news is, there are ways to fight back and "break the chains": How Most Business Owners Sabotage Their Success Owning a business is a challenging endeavor. If you're like many novice small business owners, you've taken numerous risks with your time and your money, only to see all of your efforts producing little or no result. This can leave you frustrated and ready to give up. That's no surprise. The more we focus on the negative parts of owning a small business the more negative results we will attract. Learning how to deal with obstacles is the key to avoiding failure. Those small business owners who never learn to deal with obstacles will often become overwhelmed and end their business. Negative thinking is the center of the small business failure scenario. Expand Your Professional Organizer Business Grow your Professional Organizer business by branching out into related areas. If you have been doing the same old thing for a while, and are comfortable with it, it may be time to stretch your capabilities and offer something new. Aircraft Washing Business Tip - Interior Private Jet Cleaning Aircraft Interiors of personal and corporate jets have hundreds of thousands of dollars invested. We have had an opportunity to speak at length in Tucson, AZ recently about the special custom interiors the weight they cost in performance and the needs in cleaning. There is a large company there that specializes in putting in new aircraft interiors for several large biz jet manufacturers and also does custom work for nearly anyone in the world who wants it right and perfect; Collaborative Negotiating: A Win-Win Strategy COLLABORATIVE NEGOTIATING: Are You Making These Mistakes In Your Business? You've probably heard the statistic that 95% of small businesses fail in the first five years. That's not a very encouraging number! Although being part of the 5% that succeed is not easy, it's definitely possible. What it takes is a lot of common sense, some marketing and sales skills and the ability to learn from the mistakes of others. Conquering Confidence Killers for Small Business Success "The way to develop self-confidence is to do the thing you fear". -- William Jennings Bryan Eight Ways To Improve Your Companys Cash-Flow ? TODAY! Cash is the lifeblood of any business. As humans need air to breath and food to eat, your business requires customers that provides the primary substance that keeps a business in business: cash. Expanding A Mobile Car Wash Business What is the best time to expand a mobile car wash business? If everything were perfect and you could choose the best time to buy a new mobile car wash rig, you should buy it in April and have it running by the 20th of May. If you have 1.5 times the business of your first unit, then you automatically have enough business for one-half of a second truck, van or trailer unit combination. In June, the seasonal increase would take care of the rest. That is the simplest way. If you buy an additional truck in November and it is ready by the 20th of December, you will have holidays and rain. Unless you have a huge industrial account base, we don't recommend this to you. Public Relations: Antidote for Small Business Failure When small businesses fail, the wreckage is often assigned to undercapitalization, among other mistakes. Seldom is failure attributed to a lack of effective communications that might have modified the behavior of sales prospects in a positive way, thus averting bankruptcy. Where Can I Get Clients From? The following tips have come from a wide variety of sources; some from other successful businesses we know, some from our Home-Based and Small Business Support Group meetings and some we've developed by trial and error. How to Start a Paper Shredding Business Paper Shredding Business Opportunities are blossoming up everywhere because in recent years, privacy concerns and new policies have forced companies all over the country to invest in paper shredding services. Large corporations and small are in need of shredding services. Secrets to Washing Fleets of Trucks from a Nationwide Fleet Washing Service Washing the exterior of a truck. Sounds easy right? Well, it's not really. When you soap a truck, it is very important that you are careful to soap around all the handles, turn signal lights, steps, and wipers. You want to soap all that stuff by hand. Use a one-foot by one foot lamb's wool square-not a mitt, they don't work well. You can use a brush for the rest of the truck, but you have to get in around the handles and stuff by hand. There is no shortcut if you wish to maintain quality. Starting a Pressure Washing Business Are you thinking of starting a small pressure washer business to help clean up the world and make a little money? You might be surprised how many mobile pressure washers companies there are in the United States; approximately 45,000 of them. And since God made dirt on the Third Day; Genisis 1:9 ? 1:12. Obviously since God created the dirt it keeps getting all over everything and thus a business was born. Starting a Mobile Pressure Washing Business is not as difficult as you think. It is important to decide what types of things you would like to wash and specialize in a few. Here is a list of potential items to wash, think about it. What do you want to wash today? The Franchisors Heavy Load Why are we over regulation the franchising industry, what purpose does it serve? Rules and laws are fine, level playing fields are nice, but the customer votes with their dollar and the entrepreneur and companies can only sell what people are willing to give up that unit of trade we call a dollar for. How to Achieve Real Success in Business: Five Breezy Tips Achieving real success should be the goal of any good businessman. But what is real success? I believe that it is no just money, or instant growth. In my opinion real success is composed of the following factors. Good growth, good reputation and above all peace of mind. In this short exposure I try to elaborate on five factors pertinent in achieving this real success. Solving the Late Paying Customer Blues Nothing can drive a business down faster than customers who don't pay their bills as agreed. When you sell to customers on credit you are making an agreement with them. You will provide them with goods or services in exchange for their payment within the terms you agree upon. Period. Competition in the Mobile Car Wash Industry We have all seen the mobile washing units cruising our city, usually they are trucks, vans or trailer set ups with a water tank and a pressure washer unit aboard. They market their services with flyers and business cards, however most of their business comes from weekly repeats and referrals. Some cities have hundreds of these units going around the city cleaning stuff. You may think what a great business, but like in any business there is a competitive component to the industry, which is not so obvious on first observation.
|
| © Athifea Distribution LLC - 2013 |
