2. Figuring out your core values is extremely important. Starting a home care agency business is not only spiritually rewarding, but it can be very profitable as well. It must be available, coordinated and provided in a comprehensive way. In 2004, I came to the hard conclusion I had lost my “Why”. Now that we’ve established your budget range and what you need from an experienced and skilled caregiver there’s one more thing to check. Make sure potential and current employees share your “Why”. 5. You need to look at the positions you have in the office and be certain every role of your company is filled. State home care agency business license (if applicable) – Most states require a home care agency business to be licensed, but believe it or not, there are still some starts that allow for starting a home care agency business without having a home care agency business license. Most families and seniors would prefer for this care to take place in their home. Get the latest updates from the blog and free resources to help you grow your home care business. Your First Name (required), Your State (required) Capitalization Requirements – You will need to open a business account and fund it with the appropriate startup costs. Even if you don’t know any personally, they may know of you. In this form of legal structure, the owner of the business simply applies to do business under a trade name from the appropriate authorities. Do they understand the job you are asking them to do? … How Many Staff Members Does a Home Care Agency Need? Name your business and choose your structure. This in the most important part of starting a non-medical home care agency business – you need to know how to get patients and new referral sources. Care Coordinator. In 2009, I sold the business and started Home Care Pulse. Often your services will be paid for by family members while the … home health aide services; medical supplies; equipment; and; appliances for use at home. Today you are starting a home care business, tomorrow you are starting a home care franchise and developing your franchise disclosure document. Being somewhat consumed with the business, I lost the passion for … Once you have your vision set and your goals aligned, you will have more success in finding the right people to fit your vision. This business has allowed for direct experience, relevant and practical knowledge of operating in this sector. The need for more home care agency businesses is greater now more than ever. Our Business Structure. Home care is a unique business model and the positions vary, especially depending on whether your agency offers skilled care in addition to non-skilled. Finally, you’ll get total control of Call for details. My home care business continued growing to the point I could move my family north and manage it from afar. Especially when you compliment a medical transportation service with a home care agency, your business portfolio can exponentially multiply. Do you need an office when starting a home care agency business? Why not visit us on Social Media clicking on one of the following links. Before you go anywhere with your business structure, you need to determine the name of the business and if you will be using it alone or as a business under your legal corporate name. The best way to make sure you have your bases covered is by contacting your State Department of Health for assistance. In the next few years and decades, the need for at-home care will rise dramatically, due to the aging population of Baby Boomers, and an overwhelming preference among elderly individuals to “age in place”, rather than live in an assisted-living facility or nursing home. The Wheatland Home Health Care Agency’s customer base would generally consist of patients who are referred by health care facilities, physicians, and other professionals in the industry. SOS Filing – Register your home health care agency business with the secretary of state. If you don’t have any connections to other medical professionals, research out which professionals will help your business the most and then reach out to them. Purchase home care agency business policies and procedures – Without these procedures you cannot get licensed and will be open for liability. By implementing a process, you’ll be able to build a team you can depend on, allowing you to spend your time more effectively in and out of the office. Ask About Our Licensure and Accreditation Guarantee. One such opportunity that is rapidly growing is home care – a business that, if structured correctly, can put more money in your pocket 24-7, 365. Home care and service business for seniors and elderly are booming. 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