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New Opportunities: Benefits of Opening a Home Care Agency

Are you in the market to start a new business? Or are you still trying to decide if you should go out on your own, and be your own boss? Let me introduce you to the senior care industry, specifically to home care agencies. I’ll share with you how we can assist you on this journey, and the benefits of opening a home care agency.

Our team isn’t just here for the launch… we are here as your resource for the long haul! 

We’re excited about helping you launch your business and continuing along the journey with you as a resource, for as much or as little help, as you need down the road. Our current client base includes fellow startups, all the way up to established agencies generating $15 million a year. Our solutions are tailored to what our clients need, and of course, those needs change over time. We provide similar toolkits to those available through Franchisor systems. Our goal is to help you grow the agency and enjoy the benefits of agency ownership. We’ll also plan an exit strategy, and improve your work-life balance.

In-Home Care Benefits

As you are trying to decide if opening a home care agency is a good idea, let me tell you what I learned about the industry’s two biggest benefits:

1) Knowing that because of you and your agency, you are positively impacting the lives of each client and their family EVERY SINGLE DAY.

2) Recognizing the impact you are having on the lives of the caregivers and their families. You are putting food on the table of traditionally low-income families.

Being an Independent Agency

Financially, you can certainly enjoy a great ROI. One of the easiest ways to increase your ROI is to avoid paying roughly 8% of your revenue to a Franchisor for the rest of your life. Let’s talk about territory. By starting without a franchise, you also are not limited by a territory.  You may see opportunities for growth in an area far outside of the area that you license from a franchisor, but if you are tied to them, you will face restrictions in going for that business.  Starting your own independent agency does not have that limitation.

We will make recommendations of software platforms you should use and discuss the pros and cons of each platform with you. Many franchise systems will dictate what those platforms will be. And as a former franchisee, I can tell you this can result in costly legal battles if the software is not performing the way you need it to and you want to make a change. We’ll also make recommendations on other vendors that you need, and set up your agency with appropriate policies and procedures. 

We do all of this because we care! To set up your free consultation, call me at 678-340-3649 or email me at twest@seniorcareba.com. My team and I are excited to help you thrive in the home care space!

Author: Tyler West

Tyler West is a founding partner of Senior Care Business Advisors with over 10 years of experience in personal care, home care, health care and technology. He is also a former Director of Operations for a Home Care Agency and worked in technology with ClearCare and other organizations. Additionally, he is a published author. Connect with him through Senior Care Business Advisors website, www.SeniorCareBA.com, twitter.com/@seniorcareba or LinkedIn https://www.linkedin.com/company/senior-care-business-advisors-llc. You can also reach him via email at twest@seniorcareba.com.

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