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Business Plan for Adult Care Homes

By brian barrick
August 21, 2012

Starting an adult care home is a big step that is beneficial to the future care of elderly population. While the senior’s children start making a family of their own, it can get a little difficult for them to help their parents as much as they would like to. To first start business like an adult care home, it is essential to establish an overall plan. With all plans there are specific steps to keep you on track:

  • Step 1 – Research if there is a need and where there is a need for an adult care home.
  • Step 2 – Write a business plan that includes where you will operate, how you will finance it, and how you will market it. Next, you will need to apply for a loan.
  • Step 3 – Choose a location in a quiet, safe environment close to medical facilities.
  • Step 4 – Apply for and attain the required license to operate your home. Different states have different rules, so, like in step 1, you will need to research based on your state.
  • Step 5: Research and purchase adult care home insurance[KF1] .
  • Step 6 – Hire professional, educated staff for your home. Before hiring, figure out the number of staff you will need for each shift and the qualifications you will need.
  • Step 7 – Market your adult care home by creating relationships with area doctors and hospitals and focusing on areas that will touch the elderly community the most.

You have already made a major step by deciding to open an adult care home. Now is the time to create a plan and follow each step to make your adult care home a well-known living community for seniors in your neighborhood.

 [KF1]Lexi- link this text in wordpress to  Let me know if you need help on where to find this feature.  Thanks, Kathi

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