With today's economy and the recession not looking to be over any time soon many persons are trying hard to find a way to earn some additional income. Firstly we are not even sure that we are guaranteed to have a job when we get to work in the morning, so trying to find a solution for additional income is very prudent. One thing for sure is that we are growing old as sure as we get the bills each month. This creates a great need for care givers to provide a vital service. You can work for a home care agency, but that does not provide you with a flexible solution to your need for a consistent a residual income as your client may die and you are on the road to searching for another, which may take you some time. Below, I will give you a few ideas of how you can get a home care business up and running in your state.
o Firstly you want to identify the market for home care within your area. This can be done by attending local networking meetings, or just talking with a few neighbors to see how great the demand is for this service. Once you have identified your target market, then it is time to put a plan into action to gain the audience of that market. A great resource is your hospital, many times the rehab department. They can guide you to elderly persons needing care, and provide great leads to family members who are the primary contact for care of their elderly mother or father. Before all of this you need to be registered and licensed in your state to open a home care agency. Each state differs in what is required but for the state of Florida a detailed list of requirements can be found at your states online companies registrar. Search for and choose fictitious name with your state or via the company registrar is also a requirement. Once you have completed these steps you can check if a registration with your county is necessary. -
oUpon approval you will receive your state license for whatever duration you were approved for, and then it will be time to start establishing your business in your local community. A great first step to take is to get your "new agency"a business account with your local banking provider thus establishing the credibility of your entity as you will need to be able to accept checks from your clients. There are many services out there, that can automate the entire process or choosing a business name as well as getting your Federal Tax ID numbers to the articles of Incorporation for your business. Stay organized, get all your receipts from the fees that you have to pay to register your company, as these will be used as tax write offs for your business come tax time. Another great thing about this business is that it can be run right from your home, thus saving you costly expenses on renting a space and all the other overheads that come with getting a business location.
oStart Networking: Typical times for new business to get off the ground are within year or two. However don't get discouraged as this business model is one of the greatest when it comes to residual income. Once you have made the right connections with local hospitals, doctors offices, rehab centers, making post via craigslist. Get about 500 - 1000 business cards to leave with potential clients or with your local doctors office, so that they can refer your service to their clients.
You really need one good 24 hour case to see the power of residual income from this business model. Stick to your business; create a one year plan of places and persons that you will need to make contact with to get the word out about your new business. Meet with your clients promptly when you get a new lead, as this is a critical service that you have to offer, and the longer you wait may lead to them getting a different agency. Look for good licensed CNA, or HHA to work the cases for you. Make sure that they have a thorough background screening so that you protect your business name, as they will be representing your company.
Finally, take pride in the service that you offer, always strive to make your clients happy, you will be greatly rewarded for that, as referrals are the lifeblood of your business.
Want to learn more? Barrington's a successful Internet Marketer and Business Consultant. To learn more on setting up local businesses visit: thebestselling-ebooks.com thebestselling-ebooks.com/.
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