yankee remodeler third lake adding onto a brick home barrington modular home remodel .. Chicago Drug testing

Facts About Starting Elderly Group Home Businesses

There's been a recent rise in the number of elderly group home businesses springing up everywhere around the world, what with an estimated one in four families providing care for an elderly relative today. Before you decide to jump on the group home business bandwagon, though, you need to know as much as possible. This brief guide will help.

Some questions you should ask yourself before starting a group home business, or any other home business for that matter, are:

  • What are your talents and skills?
  • Are you looking for a home based career or just to supplement your income?
  • Do you have space in your home for an office?
  • Is your family willing to support you in having a business based in their home?
  • Are you willing to put in the necessary work it takes to get a business off the ground and to sustain it once you have?
  • Do you want to help people?

The last question is particularly important when it comes to starting and operating an elderly group home business. Because if you're just doing it for the money, you're likely to be overwhelmed by the personal interaction required for this business.

Some people are happier working all day long at a computer, not having to deal with other people face to face. Or they prefer detailing people's cars or doing their lawn care to providing personal service that demands constantly interacting with people.

Everybody's different, and that's a good thing. Just understand that even if you set up an elderly group home business across town from your own home, you're going to have to deal with people on a daily basis.

If you decide that an elderly group home business is just the type of business you're looking for, you'll have to find out what the laws and regulations are, as well as what licenses are necessary in your state.

There are certain to be some, and you need to know what they are in case you have to obtain any special certifications. CPR and first aid certifications are two that most states are likely going to require you to personally have.

Another thing that you'll have to look into before you buy or rent that house that you think would be just perfect for a group home business, are the area's zoning regulations.

This can be a sticky situation in many places, and even if there are no zoning laws or regulations against your opening a group home business where you'd like to, you could well find yourself up against a lot of resistance. It's mandatory that you know this upfront.

You can look for another location for your elderly group home business, or you just might decide that this is not the business for you.

Funding for group home businesses is not as hard to find as you might think. The Small Business Association, as well as many banks and other financial institutions, can point you in the direction you need to go to find the money you need to purchase a home to start your elderly group home business.

You'll want to understand all the terms, conditions, and financial obligations. You'll also want to find out if you must use your current home as collateral. Putting your own house up as collateral may be more than you're willing to risk for any new venture.

Insurance for your elderly group home business is something you'll definitely have to have. Liability insurance is mandatory. You'll also need fire and theft insurance. If you plan to offer any type of medical assistance to the people in your elderly group home, you may even need malpractice insurance.

Other insurance requirements may also be involved. Learn everything you can about the different types of insurance coverage you'll need, and then shop around for the best prices to obtain the necessary policies you'll need for your elderly group home business.

Unless you plan to live in your elderly group home business and do everything yourself. You'll need assistants and personal errand services for the people in your home. Planning for meals, transportation to doctors, dentists, hairdressers, and events, cleaning, and activities are other things that need to be considered before starting elderly group home businesses.

You will also want someone to oversee medications and ensure that people receive and take them at the proper times.

Starting an elderly group home business is not for everybody, but if it's for you, then you'll find it tremendously rewarding. And in huge demand. Going into the elderly group home business with your eyes open and doing your homework first will assure that your elderly group home business is a successful one.

? Copyright Randy Wilson, All Rights Reserved.

Randy has dozens of home based business articles such as Start a Mattress Cleaning Service, Unusual Home Based Businesses and Start a Catering Business.

In The News:

The wreck of a World War I German battlecruiser has been discovered off the Falkland Islands.
The remains of a Viking ship have been discovered on a farm near a medieval church at Edøy, on the island of Smøla, in Norway. 
For the very first time, scientists have found evidence of a giant planet associated with a white dwarf star.
The amount of microplastic in the world's oceans is a million times greater than previously thought, according to alarming new research.
An electric eel named Miguel Wattson is shocking visitors at the Tennessee Aquarium by using its blips of electricity to power Christmas tree lights. 
A secret "covert" Catholic church built more than 300 years ago has been discovered in Dublin, Ireland.
The name of a missing Soviet spy which was hidden from the public for the past 70 years has just been revealed.
A photographer has captured remarkable pictures of a polar bear appearing to do a number of yoga poses in the Arctic.
Saturn's largest moon, Titan, has several odd weather patterns, including multi-decade polar vortexes and dust storms. A new study has revealed there is a significant difference in the amount of solar energy it absorbs and the thermal energy it emits during its seasons, which could give researchers new insights into our own climate.
Look closely at the serpent constellation slithering through the northern sky, and you might see a galaxy within a galaxy within a galaxy.

Truck Detailing Shop Business Case Study

As an entrepreneur you can learn a lot by following... Read More

Australian Workplace Agreements - How They Work For You

The employer / employee relations environment has been constantly evolving... Read More

If You Want to Work from Home

Here are some important points to take note of if... Read More

Pressure Washing and Hospital Accounts

Most pressure washing companies never look into some of the... Read More

Environmental Boat Washing and Detailing

Some marine biologists feel that the concentration of dead marine... Read More

What are the COSTS Associated with joining Leads Groups?

When it comes to cost, how much can you afford... Read More

Choose Your Own Guru

What is a guru?A guru is a teacher. A mentor.... Read More

Most Franchises Are Small Home Businesses

Many of our nations 400,000 franchisees run their businesses out... Read More

5 Steps To Success for Small Business Owners

Everyone wants to succeed in life. Most people want to... Read More

A Gift Basket Home Business is an Easy Way to Wrap up Profits

You want to know more about making money with your... Read More

Computer Related Habits From Small Business Owner - Be Prepared, Avoid Despair

Aside from the fear of losing a spreadsheet or research... Read More

Mobile Carwash; Senior Citizens and Mobile Homes

Senior citizens are generally not a large marketing segment for... Read More

Finding the Right People for your Business

Where do you find the right people for a business... Read More

Making a Donation to Bring MORE Business

How a donation is different from a sponsorship and what... Read More

FFP vs. CPFF Contracts

SBIR Corner: FFP vs. CPFF contracts:In the SBIR/STTR world, the... Read More

Hone Your Edge, Stay Focused

A common hazard faced by new entrepreneurs is a lack... Read More

Small Business Owners - They Owe You The Money Why Dont They Pay?

Doesn't it frustrate you when you've given good service, sometimes... Read More

Small Business Success Tip: Learn Something New Everyday

Your grandfather probably told you to "learn something new everyday".... Read More

Do You Own Your Business Or Does It Own You?

What was your aim when you went into business for... Read More

Profits are within 6 Degrees of Freedom

How far away is the person you need to meet?We... Read More

Small Business - Would You Still Need An Accountant If You Didnt Need A Tax Return?

After over thirty years advising small business it still comes... Read More

A Business Plan Is Not Worth A Cracker To A Struggling Business - A Plans The Last Thing It Needs

Before you start a business we encourage you to prepare... Read More

How to Integrate Yourself in Someone Elses Business

When do you need to get more involved with the... Read More

Combating Over Regulation of Small Business

Many small businesses do quite well due to the blood,... Read More

Build Credibility with Expertise

As an Investment Representative you've worked hard to build trust... Read More

1960s house facelift bathroom conversions ..