Consider Opening a Home Care Business
If you are looking to purchase or start a business in which you will make a life-improving difference for senior citizens and their families, consider a home care business.
A home care business provides in-home caregiving services that help senior citizens continue living in the familiar surroundings of their own home for as long as possible. More of today’s seniors are electing to stay at home, rather than live in a senior care facility, such as assisted living or a nursing home.
They prefer the freedom that home offers, yet they and their families understand that they do no’t have the physical abilities they once had, and need help with activities of daily living (ADLs).
A home care business provides assistance with personal care, which may include help with bathing, dressing, grooming, toileting and getting in and out of chairs and bed; light housekeeping duties and meal preparation; and companionship, which includes a wide range of services that promote a senior’s enjoyment and quality of life—for example, conversation and reminiscing, pursuing a senior’s favorite activities and hobbies, transportation to medical and other appointments, visits with friends and trips to favorite places.
The opportunity for a home care business has never been greater, as our nation’s senior citizen population is growing rapidly. By 2050, according to the U.S. Census, the U.S. 65+ population will double to 89 million, accounting for 19% of the total U.S. population. Today, seniors account for only 13% of the total population.
Not only does a home care business provide great financial promise. A home care business also delivers a great return in personal satisfaction that comes from knowing you are providing a valuable service that is greatly needed and appreciated by seniors and their loved ones.
To own and manage a home care business you do not necessarily have to have had experience in providing in-home care services. However, you need a strong background in managing and marketing a business, as well as experience in managing and motivating employees. Your home care business will be most successful when you recruit caregivers who have some experience, are well trained, and most importantly have a genuine, heartfelt calling to serve and enhance the lives of senior citizens.
In addition to serving seniors, you will serve their families. Often, family members serve as their loved one’s caregivers and rely on professional caregivers from a home care business to provide services when they are not available.