Group homes are homes that a group of patients can live in with 24 hour healthcare. A group home business plan needs to find out which source to get funding from. Patients can be privately insured, state insured, or have benefits through the VA. Employee salaries are also a big consideration when writing a group home business plan because of the need for specialized staff such as doctors, nurses, and therapists. A business plan for this type of company includes industry will provide research all of these variables so you can be confident in starting your own group home. Things to consider in this business plan:
- Is this a private or state-run home?
- Is the home gender, age, or condition-specific?
- How many patients will you house at one time?
- What kinds of medical specialists will you need on staff?
Capital West Advisors expert business plan writers are a group of writers, editors, financial modelers, and researchers that have thousands of plans under their belts. By creating a personalized plan for your unique business, we are confident that you will succeed with investors. Call us at 888-300-3090 or reach us online at capitalwestadvisors.com