Starting a Homes for the Elderly Business
This U.S. industry comprises establishments primarily engaged in providing residential and personal care services (i.e., without on-site nursing care facilities) for (1) the elderly or other persons who are unable to fully care for themselves and/or (2) the elderly or other persons who do not desire to live independently. The care typically includes room, board, supervision, and assistance in daily living, such as housekeeping services.
Throughout the process of developing a business plan, you need to keep in mind the objective of the plan. Why are you writing the plan? Is it to manage the business? Or is it to raise money?
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Opening a Homes for the elderly without nursing care Business
There are primarily two purposes for which business plan are written. The first has an outside objective--to obtain funding. The second serves an inside purpose--to provide a plan for early corporate development: to guide an organization toward meeting its objectives, to keep the entrepreneurial business itself and all its decision makers headed in a predetermined direction
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The business plan captures the strategic operational and financial aims of the business. A good business plan will contain an initial executive summary, summarizing the detail of the Homes elderly business proposal, a written overview of the business' mission, its product or service, management team, financial forecasts.