Archive for the ‘Child Care and Elder Care’ Category

How to Start an Adult Day Care

Looking for Capital to Start Your Business?

Are you wondering how to obtain small business financing so that you can turn your dream business into a reality? Would you like to know the best ways to obtain small business loans? Or maybe you want to know more about angel investors or venture capitalists. We highly encourage you to read our review of three solid resources that can help you with your new business financing in our article, Small Business Financing: How to Obtain the Capital You Need to Start Your Business.

How to Start an Adult Day Care Business Overview:

If you enjoy caring for others and are looking for a truly rewarding business opportunity, you should learn how to start an adult day care. These days more and more families include three generations living under the same roof. Often both parents go off to jobs during the day and the children go to school. Families don’t want to leave an elderly family member in the home all day with no one to talk to and no way to get around. This is why learning how to start an adult daycare is one of the most worthwhile business ideas available for someone interested in providing a valuable service to the elder generation. Adult daycare facilities are designed to give elderly people a place to go during the day where they can socialize, participate in planned activities and have their general health supervised. Adult day care is similar to elder care except instead of you and your staff traveling to the homes of your elderly clients, you provide an area in your home or in a separate building where multiple elderly people gather. The level of health service you provide can range from administering medication to having a nurse on staff who can check vital signs and perform emergency lifesaving procedures. The start-up costs involved will be determined by the scope of your business model. You can care for a few clients in your home which would cost next to nothing. However, if you want to operate a larger business, you can buy or lease a separate building to house your care center. You would need to hire a full-time staff to assist with the administration and social planning. To add value to your business and create an opportunity to increase your profits, you could add transportation to your list of services. If you’re unable to do the driving yourself and your business model doesn’t allow for the added expense of drivers and cars, you can contract with a bus or limousine service to handle your transportation needs. Another way to branch out with a current business is to expand a children’s daycare business to include seniors. Day care centers that provide services to both children and older adults see benefits to both generations. Studies suggest that kids who have daily contact with seniors are almost a year ahead of preschoolers who are in standard day care facilities. They also have better manners, are able to work together, can use words to describe their emotions and they play well in social situations. As you can see, the options are abundant when considering opening an adult day care center. Regardless of your business model, the real winners are the elderly adults.

A Day in the Life of an Adult Day Care Business Owner:

If you operate your business from your home, your day will begin early, making sure your home is clean and tidy and ready for your clients to arrive. If you operate your business from a separate building, you and your staff will prepare the facility for the day and begin welcoming your customers. If you offer pick-up service, you or your drivers will arrive at customers’ houses at scheduled pick-up times and transport them back to your facility. Throughout the day, you will either directly participate in or oversee planned activities, games and the general welfare of your customers. At the end of the day, your customers will be picked up by their families or your transportation service will take them home.

About Your Customers:

Your customers will be families of senior citizens who are looking for a great place for their elderly family members to spend the day. Though the family will likely be paying the bill, your customers will also be the seniors since they are the ones who will need your excellent services.

What You Need to Start:

  • Business plan
  • Space in your home for seniors or a separate building
  • Staff (if needed)
  • Transportation service (optional)
  • Medical professional on staff (optional)
  • Business license and insurance
  • Entertainment items (outings, games, movies, magazines, books, etc.)
  • Computer with finance software

The Good:

  • As more and more seniors live with their families, the need for this type of business will continue to increase.
  • If running this business from home, the start-up costs are minimal.
  • You can easily scale up this business to handle more customers.
  • You can hire a staff to help you tend to the needs of your customers.
  • It is highly rewarding to offer a high quality care facility for seniors and a solution for their families.

The Bad:

  • If you choose to operate in a separate building, the start-up costs can be quite high (building, staff, furniture, etc.).
  • Some customers and their families may be difficult to work with.

Resources:

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How to Start a Babysitting Service

Looking for Capital to Start Your Business?

Are you wondering how to obtain small business financing so that you can turn your dream business into a reality? Would you like to know the best ways to obtain small business loans? Or maybe you want to know more about angel investors or venture capitalists. We highly encourage you to read our review of three solid resources that can help you with your new business financing in our article, Small Business Financing: How to Obtain the Capital You Need to Start Your Business.

How to Start a Babysitting Service Business Overview:

If you’ve ever been desperate for a babysitter and you’re looking for a wonderful business idea, you should find out how to start a babysitting service. If you have young children, you know how valuable a dependable babysitter is and how often you may need to use those services. However, there are many parents who do not have access to such individuals. This is why starting a babysitting service can be the key to your independence and financial freedom. As busy as parents are today, there is a growing demand for excellent in-home childcare and what better way to take advantage of this rising need than to help connect parents to babysitters who work for your service? More and more young parents are moving away from their families to pursue work opportunities. This leaves them with no grandparents, cousins or nieces to care for their young children when they need a night out. How wonderful it would be for them to simply contact your service and be matched with a babysitter almost immediately. So how do you get started? First you need to decide the scope of your service. Will you concentrate your efforts on just your city or branch out to cover your region or an even greater area? It might be a good idea to start out locally until you get the hang of recruiting and placing babysitters, then you can expand on your business. You will need to have a strict interview process and have the ability to perform background checks on all of your babysitter employees. This may require an application fee or you can apply the cost of the background checks to the price you charge your customers. Marketing your service will be very important because you won’t have a store that people drive by. Word of mouth will be an excellent marketing tool but you will also want to advertise in local parents’ magazines and leave business cards or fliers in local children’s clothing and toy stores. You can also offer discounts and referral bonuses to start. The best part about this type of business is that once you have one satisfied customer, not only will they tell their friends but they will come back time and time again themselves.

A Day in the Life of a Babysitting Service Owner:

Your day will begin with a check of your email to see if any new requests have come through for babysitters. You will also check voicemail for new requests. You will record all the pertinent information from the parent (name, date, time, address, other preferences like the babysitter’s age, etc.) and get to work matching the parent with one of your babysitters. You will contact the babysitter to see if she is available then you will contact the parent with information like name of babysitter, age, experience, phone number, etc. Once all your matches have been done for the day, you will spend some time marketing your service around town to various places parents of young children are likely to be (clothing and toy stores, library, day care facilities, etc.). If you are currently recruiting new babysitters, you will spend some time reviewing applicants’ resumes and contact prospective candidates for interviews. Finally, you will check in on your finances to ensure that your bottom line looks good.

About Your Customers:

Your customers will be parents of young children in need of high quality, trustworthy babysitting services.

What You Need to Start:

  • Licenses and insurance
  • Babysitters
  • Marketing plan and materials
  • Computer with finance software

The Good:

  • Once you have a staff of babysitters, this is a simple business to run.
  • The demand for babysitting services will continue to rise.
  • You can easily run this business part time from home.
  • The start up cost for this business is very low.
  • You can charge top dollar for your babysitting placement services.

The Bad:

  • It could take some time to find a good group of babysitters.
  • You will need to be extremely thorough in your review and background check process to ensure the safety of the children.

Resources:

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A Rewarding Path: Running a Senior Move Manager Business

Looking for Capital to Start Your Business?

Are you wondering how to obtain small business financing so that you can turn your dream business into a reality? Would you like to know the best ways to obtain small business loans? Or maybe you want to know more about angel investors or venture capitalists. We highly encourage you to read our review of three solid resources that can help you with your new business financing in our article, Small Business Financing: How to Obtain the Capital You Need to Start Your Business.

Senior Move Manager Business Business Overview:

Here’s a business idea that is lucrative, rewarding, and valuable to an ever-growing segment of the population: The senior move manager business. As people reach the age of retirement and senior citizen status, their real estate needs often change—they’re ready to downsize or move into a senior citizen community—and they might need relocation services designed specifically with their needs in mind. A senior move manager facilitates the move, and might also provide a trustworthy realtor, packers and cleaners, transportation, and utilities organization (heat, water, electricity, etc.). As owner of a business like this, you will want to have good and reliable contacts for all the services you offer—companies you can trust to do the job effectively and conscientiously with a fee that won’t scare away seniors on a fixed income. You will also want to make sure you have the patience and kindness it takes to run a business like this—your customers will need support during their relocation and will likely want to be in contact with you and your company often. A successful senior move manager business will offer their customers a positive first step in the next stage of their lives. As word of your business catches on, you will find there will be no shortage of seniors who need the services your company provides.

A Day in the Life of a Senior Move Manager Business Owner:

As stated, much of your work will involve topnotch service providers to help your business run smoothly—realtors, packers, cleaners, etc.—so your days will be spent cultivating these relationships and discussing the minor details of each of your customer’s relocations (this is how you find success in a business like this—your ability to pay attention to details). Beyond that, you will be in frequent contact with your customers who are in the process of relocating. They might have questions or concerns and it is imperative that they feel understood every step of the way. It’s up to you and your company to make that happen. Finally, like any good business owner, you will keep up with your finances and records, and ensure your advertising is working to bring in new customers.

About Your Customers:

Your customers will be those individuals or families who have reached senior citizen status and whose living needs have changed. They may be ready to downsize from their family home to a smaller, more easily managed home or even to a condominium or townhouse community geared for their age group. People transitioning through this stage of life might feel uneasy about their decisions and will want solid advice and guidance from you and your company.

What You Need to Start:

  • A well-run home office
  • Contacts for a variety of moving service providers
  • A business license
  • Business insurance
  • Advertising
  • A warm and caring personality with solid business sense

The Good:

  • You can run this business from your home office.
  • You can hire employees to work with you or you can contract the services yourself and work directly with your customers.
  • The service your company provides will be invaluable to seniors in need.
  • Initial investment is minimal since there’s nothing to buy, save licensing and insurance.

The Bad:

  • Your customers might demand a lot of your time with questions and concerns.
  • While the business can be profitable, your fees must be reasonable to attract customers on a fixed income.

Resources:

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Compassionate Care: Starting an Elder Care Business

Looking for Capital to Start Your Business?

Are you wondering how to obtain small business financing so that you can turn your dream business into a reality? Would you like to know the best ways to obtain small business loans? Or maybe you want to know more about angel investors or venture capitalists. We highly encourage you to read our review of three solid resources that can help you with your new business financing in our article, Small Business Financing: How to Obtain the Capital You Need to Start Your Business.

Starting an Elder Care Business Business Overview:

If taking care of others brings you great joy in life and you’re looking for a new business idea, you should look into starting an elder care business. As the baby boomer generation ages, not only will these individuals start to need help with day to day activities, but they are already having to care for their elderly parents. Often children are faced with caring for their aging parents from a great distance. An elder care business could act as a liaison between parents and children. This business is not only rewarding but very inexpensive to start up. All you need are a few employees and some marketing materials. As your client base grows, you can hire more employees to handle the demand. Before you get started, you should write up a business plan that outlines what services you will offer. Services can range from grocery shopping and housekeeping to companionship and transportation. You can focus your business on as few or as many services as you’d like. Your business plan will also define your marketing strategy. You may reach out to local churches, support groups, community centers and any place the elderly or their families might gather. Word of mouth marketing will be vital to the success of your business so you must offer topnotch customer service to your clients and their families. If your first few clients are pleased with your services, your client list will grow and you will have plenty of business to ensure your success.

A Day in the Life of an Elder Care Business Owner:

As the owner of the business you will meet daily with your employees and review their assignments for the day. You will spend some time discussing each client with his or her assigned helper to assess any new needs that might arise. Once your employees have gone out to meet their clients, you will spend a portion of your day marketing your business by making phone calls, placing ads in local magazines or leaving fliers where both the elderly and concerned children of aging parents might see them. You will want to talk to each of your clients on a regular basis to make sure they are happy with the services they are receiving and to see if there’s anything else your business can do to help them.

About Your Customers:

Your customers will be elderly adults who need assistance with various day-to-day activities such as changing light bulbs or a ride to the doctor’s office. Your customers might also be children of elderly adults who need someone close to their family members to help them.

What You Need to Start:

  • A desire to help care for the elderly
  • Business plan
  • Marketing plan and materials
  • Employees
  • Computer with finance software
  • Licenses and insurance

The Good:

  • This business is extremely rewarding.
  • It is inexpensive to start an elder care business.
  • Most of the tasks your business will be asked to do are simple.
  • Your return on investment can be quite high.
  • Since your employees will be doing most of the work, you can concentrate on marketing.

The Bad:

  • Finding employees who are as passionate about elder care as you are can take some patience.
  • It can be difficult to watch the struggle children go through as their parent’s age and they find they can’t always be there to help.

Resources:

Start This Business Today:

To start an elder care business today, we recommend you purchase Become an Elder Care Provider. This excellent book has all the information you need to start your elder care business. You will find chapters on managing in-home services, organizing medical forms, medical conditions to be familiar with and much more. For more information or to purchase this HIGHLY RECOMMENDED book, click here.

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Starting a Daycare Business: What You Should Know Before Opening Your Own Home Daycare Facility

Looking for Capital to Start Your Business?

Are you wondering how to obtain small business financing so that you can turn your dream business into a reality? Would you like to know the best ways to obtain small business loans? Or maybe you want to know more about angel investors or venture capitalists. We highly encourage you to read our review of three solid resources that can help you with your new business financing in our article, Small Business Financing: How to Obtain the Capital You Need to Start Your Business.

Starting a Daycare Business Overview:

If you’ve been thinking of starting a daycare in your home, you’ll be pleased to know that the demand for daycare services continues to rise. With so many parents working outside the home, opening a daycare is a service that multitudes of families will be grateful for. Many parents have grave concerns about the quality of childcare that is found in larger facilities, and they often prefer a small, home-based daycare business where they know their child will receive plenty of specialized, one-on-one attention. Because of this, it’s a great time to create a daycare business plan if you love children and want to work at home. The startup costs are low and the rewards of impacting a child’s life are great. While most states require home-based daycare businesses to be licensed and some require the staff to be certified, the application process is usually quite simple. You can contact your local municipal office to determine their exact requirements.

A day in the life of a home-based daycare business owner:

There are several types of daycare. If you choose to have an all-day program, then your day will start quite early because parents need to drop their children off before they go to work. Your day will be spent overseeing the children, monitoring any staff people you have working with you, and ensuring the safety and wellbeing of every child in your care. On the other hand, you could decide to have an after school program. In this situation your workday will not start until after school was finished. That might be at noon if you are accepting kindergarten-aged children or mid-afternoon if you are only accepting children older than those in the first grade. Part of your day might also be spent interviewing the parents and children that want access to your daycare, to educate them about what it is you do and to see if their child would be a good fit in your program.

The Good:

  • Very low startup costs.
  • There’s a very high demand for this service.
  • Great satisfaction in impacting a child’s life.
  • You can customize the business so that you work with the age group you want to: newborns, toddlers, preschoolers, or a mixture.

The Bad:

  • Most states require a daycare license, though it is not difficult to obtain.
  • You may have some children that need more discipline and guidance than you feel comfortable providing and conflict may arise with the parents.

Resources:

Start This Business Today:

To start a home-based daycare business today, we recommend you purchase Starting a Daycare Center. This is a complete step-by-step guide to help you quickly start a profitable home-based daycare business. You will soon know every tip and trick for running this business from your home. For more information, or to purchase this HIGHLY RECOMMENDED book, click here.

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