Here are the payment options that will be available in every of our outlets; Payment by cash Payment via Point of Sale POS Machine Payment via online bank transfer online payment portal Payment via Mobile money Check only from loyal customers In view of the above, we have chosen banking platforms that will help us achieve our payment plans without any itches.
Completed Opening of Corporate Bank Accounts: Completed Generating capital from family members: We know that if that is put in place, we will be able to successfully hire and retain the best hands we can get in the industry; they will be more committed to help us build the business of our dreams.
We know that if we are consistent with offering high quality assisted living facility service delivery and excellent customer service, we will increase the number of our customers by more than 25 percent for the first year and then more than 40 percent subsequently.
Completed Opening Online Payment Platforms: We have detailed information and data that we were able to utilize to structure our business to attract the numbers of customers we want to attract per time.
In Progress Conducting Feasibility Studies: We know that if that is put in place, we will be able to successfully hire and retain the best hands we can get in the industry; they will be more committed to help us build the business of our dreams.
Completed Generating capital from family members: The truth is that starting this type of business does not come cheap. On the average, assisted living facility service providers usually leverage on the fact that a good number of their clients do not pay the service charge from their pockets; private insurance companies, Medicare and Medicaid are responsible for the payment.
We will ensure that we target both self — pay customers who do not have Medicaid coverand those who have Medicaid cover. We want our group home business to be the number one choice of all residence of Saint Augustine and other cities in Florida.
Completed Leasing of facility and remodeling the facility: As a matter of fact, they are some of the best hands in the whole of Saint Augustine, Florida. Please note that this amount includes the salaries of all the staff for the first month of operation.
Ensures operation of equipment by completing preventive maintenance requirements; calling for repairs. As a matter of fact, our publicity and advertising strategy is not solely for winning customers over but to effectively communicate our brand to the general public.
They do not intend to welcome any external business partners which is why he has decided to restrict the sourcing of the start — up capital to 3 major sources.
In Progress Application for business license and permit: In Progress Creating Awareness for the business both online and around the community: Completed Opening Mobile Money Accounts: Here are the payment options that will be available in every of our outlets; Payment by cash Payment via Point of Sale POS Machine Payment via online bank transfer online payment portal Payment via Mobile money Check only from loyal customers In view of the above, we have chosen banking platforms that will help us achieve our payment plans without any itches.
Responsible for financial forecasting and risks analysis. Sales Forecast One thing is certain; there would always be elderly people and people with disabilities who would need the services of group home facility. Completed Applications for Loan from the bank: Start — Up Expenditure Budget If you are looking towards starting a nursing care facility business, then you should be ready to go all out to ensure that you raise enough capital to cover some of the basic expenditure that you are going to incur.
Completed Purchase of Insurance for the Business: Our customers can be categorized into the following; The aging population People with one form of disability or the other Both young and the elderly The aged who might suffer from severe joint pains and every other age categories who falls under the conditions listed by the physician.
Completed Leasing of facility and remodeling the facility: Below are the sales projections that we were able to come up with for the first three years of operations; First Year-: Group Home Administrator Admin and HR Manager Responsible for overseeing the smooth running of HR and administrative tasks for the organization Designs job descriptions with KPI to drive performance management for clients Regularly hold meetings with key stakeholders to review the effectiveness of HR Policies, Procedures and Processes Maintains office supplies by checking stocks; placing and expediting orders; evaluating new products.
We know that one of the ways of gaining approval and winning customers over is to offer our assisted living facility services a little bit cheaper than what is obtainable in the market and we are well prepared to survive on lower profit margin for a while.
We must ensure that we follow due process in setting up the business. In view of that, it is easier for home assisted living facility service providers to bill their clients based in their discretions.A Sample Group Home for Elderly Business Plan Template Group Home Business Overview When it comes to caring for people who can’t take care of themselves, there are several options and one of them is to take them to group homes.
Sample Business Plan: Vintage Home and Residential Care Published on May 20, This is a sample business plan written by The Startup Garage for an assisted living facility for seniors.
BUSINESS PLAN FOR AN ASSISTED LIVING FACILITY TO BE LOCATED IN Platte County, Wyoming residential care, concluding that there was strong demand for assisted living units, as well as growing demand for more nursing home units and senior independent living housing.
This Business Plan builds upon the CBI Market Analysis, and provides a plan. ABC Home Care plans to Market our services along the line of pillars: Networking – This business is about meeting people and creating the relationships with the many faces who refer clients to various home care service providers.
Residential Care Home Business Plan.
Your residential care home business plan is an essential element if you are starting a residential care home business and want to raise finance or simply maximise your financial results for an existing business.
A Sample Assisted Living Facility Business Plan Template Assisted Living Facility Business Overview An Assisted living facility is a conducive facility designed basically for the elderly / aging people who need care and assistance.Download