business plan for old people's home

ZenBusinessPlans

Home » Sample Business Plans » Healthcare

A Sample Elderly Group Home Business Plan Template

An elderly group home is a facility or business that provides a comfortable living environment that is restricted in the kind of care they provide. This means that an elderly group home does not provide the high level of care provided at nursing homes, but they give elderly people the option to live among peers.

It is also important to state that personal care is not done at an elderly group home, as residents are expected to manage their personal care. Available statistics show that there are now about 7,629 group homes (elderly group homes inclusive) in the United States as of 2022, an increase of 1 percent from 2020.

The data also shows that California has 754 group homes (elderly group homes inclusive), Florida has 296 group homes (elderly group homes inclusive) and New York has 284 group homes (elderly group homes inclusive). These are the States with the greatest number of group homes (elderly group homes inclusive) in the United States of America.

Steps on How to Write an Elderly Group Home Business Plan

1. executive summary.

Age Gracefully® Elderly Group Home, Inc. is an elderly group home that will be based in La Paz, Arizona. The elderly people in our group home will reside in a family-like setting with trained staff and effective social and bonding programs.

We will house between 10 to 20 elderly people per time and they will enjoy full use of our community resources, including health care, social, and recreational opportunities. Rev. Sis. Dorothy Linus is the founder and CEO of Age Gracefully® Elderly Group Home, Inc.

Company Profile

A. our services.

Age Gracefully® Elderly Group Home, Inc. will provide a wide range of services that revolves around providing therapy, 24-hour supervision, and support to elderly people in a home-like setting. The facility will allow our residents to bond with other old people and live the rest of their lives happy and fulfilled.

b. Nature of the Business

Our Group Home facility will operate as a nonprofit organization. We will source finance from donor organizations, private individuals, and relevant government agencies. But in some cases, we will charge residents or their family members for the services rendered howbeit, we are designed not to make profits but to keep the organization going.

c. The Industry

Age Gracefully® Elderly Group Home, Inc. will operate under the senior care and group homes industry.

d. Mission Statement

Our mission is to provide safe and secured elderly group home facilities and services geared towards taking care of old people and making them live as though they are still living with their family members.

e. Vision Statement

Our vision of establishing our elderly group home is to give elderly people all the support and care they need so as not to miss their families.

f. Our Tagline (Slogan)

Age Gracefully® Elderly Group Home, Inc. – Maximizing Life for The Elderly!

g. Legal Structure of the Business (LLC, C Corp, S Corp, LLP)

Age Gracefully® Elderly Group Home, Inc. will be formed as a nonprofit corporation at the state level and we will apply for 501(c)(3) tax exemption at the federal level.

h. Our Organizational Structure

• Head of Group Home (President)
• House Manager (Administrator)
• Nurse’s Aides
• Caregivers/Social Worker
• Account Officer
• Front Desk Officer
• Security Guards

i. Ownership/Shareholder Structure and Board Members

• Sis. Dorothy Linus (Owner and Chairman/Chief Executive Officer) 51 Percent Shares
• Rev Fr. Romanus Marcus (Board Member) 19 Percent Shares
• John Bosco (Board Member) 10 Percent Shares
• Aaron Barosh (Board Member) 10 Percent Shares
• Anne Mayfield (Board Member and Secretary) 10 Percent Shares.

SWOT Analysis

A. strength.

• Ideal Location for an elderly group home facility
• Highly Experienced and Qualified Employees and Management
• Access to Pool of Donor Organizations
• Highly Secured and Clean Facility
• Highly structured programs

b. Weakness

• Inability to initially manage the organization without the support of donations and grants
• Financial Limitations
• Operating from a leased facility
• Inability to retain our highly experienced and qualified employees longer than we want

c. Opportunities

• The aging population in the United States is growing hence providing opportunities for elderly group home
• Government funding for Medicare and Medicaid is anticipated to increase
• The group homes industry is projected to reverse its decline trend and increase in the coming years.
• A pool of finance from donor organizations, individuals, and relevant government agencies et al.

i. How Big is the Industry?

The senior care and group homes industry that elderly group home is a subset of is worth over $8 billion in the United States and there are about 9,623 licensed and registered senior care and Group Homes with a workforce of about 124,872 scattered all across the United States.

ii. Is the Industry Growing or Declining?

Available statistics point to the fact that the industry is presently not growing and revenue for the industry has been adjusted from an increase to a decline of 8.1 percent in 2020 due to declining federal funding and donations. Since many operators are nonprofit, elderly group homes rely on federal funding and private donations. Since unemployment and consumer spending is anticipated to decline in 2020, leading to fewer donations, profit is set to decline.

Please note that in the coming year (2022), revenue for the industry is anticipated to decline slightly, but as the economy recovers and COVID-19 cases drop in line with the nationwide vaccination rollout, industry revenue will likely increase.

iii. What are the Future Trends in the Industry

The senior care and group homes industry is changing, and players in the industry are improvising. No doubt, technology, and customized software will change the landscape of the industry going forward.

iv. Are There Existing Niches in the Industry? If YES, List them

No, there are no niche ideas when it comes to the elderly group home business. This is because elderly care group home is a niche idea in the senior care and group homes industry.

v. Can You Sell a Franchise of your Business in the Future?

Age Gracefully® Elderly Group Home Facility, Inc. has plans to sell franchise in the nearest future and we will target major cities with growing numbers of elderly people in the United States of America.

• Lack of support from stakeholders and the government
• Unfavorable government policy and regulations.
• Community resistance (may not want such facility to be located in their community)
• Liability problems
• The arrival of competitors within our market space.

i. Who are the Major Competitors?

• Brookdale Senior Living
• Life Care Services
• Holiday Retirement
• Five Star Senior Living
• Sunrise Senior Living
• Erickson Living
• Atria Senior Living
• Senior Lifestyle
• Emerald City Senior Living
• Luxury Assisted Living
• Cloverland Park Senior Living
• Harbour Pointe Senior Living

ii. Is There a Franchise for Group Home? 

No, there is no known elderly group home franchise currently.

iii. Are There Policies, Regulations, or Zoning Laws Affecting Group Homes?

Yes, there are county and state regulations or zoning laws for Group Homes. The law in the United States states that before a non-medical home care facility such as an elderly group home can commence operations, there should be at least six residents and at least one trained caregiver there 24 hours a day and 7 days a week.

So also, a standard elderly group home is expected to have a house manager, night manager, weekend activity coordinator, and 2 or more caregivers depending on the size of the facility.

Marketing Plan

A. who is your target audience.

i. Age Range

Our target market is the elderly people from age 65 and above.

ii. Level of Educational

We don’t have any restriction on the level of education of those we will accommodate in our elderly group home.

iii. Income Level

We don’t have any cap on the income level of those we will accommodate in our elderly group home. Besides, most people who are admitted to group homes have no source of income.

iv. Ethnicity

There is no restriction when it comes to the ethnicity of the people we will welcome to our elderly group home.

v. Language

There is no restriction when it comes to the language spoken by the people we will welcome to our group home, but we will prefer people that speak English or Spanish.

vi. Geographical Location

Anybody from any geographical location will be welcomed in our elderly group home.

vii. Lifestyle

Age Gracefully® Elderly Group Home, Inc. will not restrict any elderly person from accessing our facility based on their lifestyle, culture, or race.

b. Advertising and Promotion Strategies

• Host Themed Events That Catch The Attention of Elderly People.
• Tap Into Text Marketing.
• Share Events in Local Groups and Pages.
• Turn Social Media Channels Into a Resource
• Develop Business Directory Profiles
• Build Relationships With Other Nonprofits and related organizations in our Area

i. Traditional Marketing Strategies

• Marketing through Direct Mail.
• Print Media Marketing – Newspapers & Magazines.
• Broadcast Marketing -Television & Radio Channels.
• OOH, Marketing – Public Transits like Buses and Trains, Billboards, Street shows, and Cabs.
• Leverage direct sales, direct mail (postcards, brochures, letters, fliers), print advertising (magazines, newspapers, coupon books, billboards), referral, radio, and television.

ii. Digital Marketing Strategies

• Social Media Marketing Platforms.
• Influencer Marketing.
• Email Marketing.
• Content Marketing.
• Search Engine Optimization (SEO) Marketing.
• Affiliate Marketing
• Mobile Marketing.

iii. Social Media Marketing Plan

• Start using chatbots.
• Create a personalized experience for our housemates.
• Create an efficient content marketing strategy.
• Create a community for our donors and volunteers.
• Use brand advocates.
• Create profiles on the relevant social media channels.
• Run cross-channel campaigns.

c. Pricing Strategy

When working out our pricing strategy, Age Gracefully® Elderly Group Home, Inc. will make sure it covers upkeep, medications, and full rehab package for each elderly person. In all our pricing strategy will reflect;

• Cost-Based Pricing
• Value-Based Pricing
• Competition-Based Pricing.

Sales and Distribution Plan

A. sales channels.

Our channel sales strategy will involve using partners and third parties—such as referral partners, affiliate partners, religious organizations, nonprofit organizations, and charity to help refer elderly people to us.

Age Gracefully® Elderly Group Home, Inc. will also leverage the 4 Ps of marketing which are the place, price, product, and promotion. By carefully integrating all these marketing strategies into a marketing mix, we can have a visible, in-demand service that is competitively priced.

b. Inventory Strategy

The fact that we will need toiletries, medications, beddings, and foodstuffs means that Age Gracefully® Elderly Group Home Facility, Inc. will operate an inventory strategy for ordering, maintaining, and processing items in our warehouse. We will develop our strategy with the same thoroughness and attention to detail as we would if we were creating an overall strategy for the business.

c. Payment Options for Customers

Here are the payment options that Age Gracefully® Elderly Group Home, Inc. will make available to her donors and contributors;

• Payment via bank transfer
• Payment with cash
• Payment via credit cards
• Payment via online bank transfer
• Payment via check
• Payment via mobile money transfer

d. Return Policy, Incentives, and Guarantees

At Age Gracefully® Elderly Group Home, Inc., we offer services, and the nature of services we offer does not accommodate return policy, but we will guarantee our housemates that they will be comfortable if they follow our program.

e. Customer Support Strategy

Our customer support strategy will involve seeking customer feedback. This will help us provide excellent customer service to our housemates and donors, it will help us to first understand their needs, experiences, and pain points.

We will work towards strengthening our Customer Service Team and also Leverage Multi-Channel Servicing as part of our customer support strategy.

Operational Plan

Our operational plan will cover capacity planning, location planning, layout planning, quality planning, and methods planning.

Overall, we plan to expand our revenue by 25 percent in the second year and the plan will include a marketing, sales, and operations component. The operations component of the plan would include attracting grants and fundraising strategies that will enable the firm to boost our service offerings and support revenue growth.

a. What Happens During a Typical Day at an Elderly Group Home?

• The facility is open for the day
• The facility is cleaned and prepared for the day’s activities
• Housemates are welcomed and prepped for the day
• Housemates are provided with programs that will help them to socialize and bond with other housemates.
• House chores are carried out at different intervals during the day
• Administrative works are done
• The facility is closed for the day and housemates go back to their rooms to get it arranged and then go to bed.

b. Production Process (If Any)

There is no production process when it comes to an elderly group home business.

c. Service Procedure (If Any)

There is no service procedure when it comes to an elderly group home business.

d. The Supply Chain

Age Gracefully® Elderly Group Home Facility, Inc. will rely on social workers, counselors, religious organizations, and government agencies in our city to refer elderly people to us. So also, we have been able to establish business relationships with wholesale suppliers of beddings, toiletries, medications, and foodstuffs et al.

e. Sources of Income

Age Gracefully® Elderly Group Home, Inc. make money from;

• Contributions for partners and donors
• Grants from government agencies and charity organizations
• Community support.

The cost to live in our group home varies and it will range from about $100 to over $2,000 per month.

Financial Plan

A. amount needed to start our elderly group home.

Age Gracefully® Elderly Group Home, Inc. would need an estimate of $450,000 to successfully set up our elderly group home in the United States of America. Please note that this amount includes the salaries of all staff for the first month of operation.

b. What are the Costs Involved?

• Business Registration Fees – $750.
• Legal expenses for obtaining licenses and permits – $7,300.
• Marketing, Branding and Promotions – $5,000.
• Business Consultant Fee – $2,500.
• Insurance – $5,400.
• Rent/Lease – $200,000.
• Other start-up expenses including, commercial satellite TV subscriptions, stationery ($500), and phone and utility deposits ($2,800).
• Operational Cost (salaries of employees, payments of bills et al) – $40,000
• Start-up inventory – $15,000
• Store Equipment (cash register, security, ventilation, signage) – $4,750
• Furnishing and Equipping – $80,000
• Website: $600
• Miscellaneous: $2,000

c. Do You Need to Build a Facility? If YES, How Much Will It Cost?

Age Gracefully® Elderly Group Home, Inc. will not build a new facility for our elderly group home; we intend to start with a long-term lease and after 5 years, we will start the process of acquiring our own facility.

d. What are the Ongoing Expenses for Running a Group Home?

• Cost of stocking up supplies such as medications, toiletries, beddings et al
• Cost of food supplies
• Utility bills (gas, internet, phone bills, signage and sewage et al)
• Salaries of employees

e. What is the Average Salary of your Staff? List the Job Position and their proposed salary based on industry rate and your startup capital

• Head of Group Home (President) – $45,000 Per Annum
• House Manager (Administrator) – $36,034 Per Annum
• Nurse’s Aides – $29,660 Per Annum
• Caregivers/Rehab Counselors – $32,878 Per Annum
• Fundraiser – $36,500 Per Annum and based on target
• Account Officer – $35,000 Per Annum
• Front Desk Officer – $28,000 Per Annum
• Cleaners – $22,000 Per Annum
• Security Guard – $22,000 Per Annum

f. How Do You Get Funding to Start an Elderly Group Home

• Raise money from personal savings and sale of personal stocks and properties
• Apply for a loan from your bank/banks
• Apply for business grants and seed funding from, government and donor organizations
• Source for soft loans from family members and friends.

Financial Projection

A. how much should you charge for your service.

At Age Gracefully® Elderly Group Home Inc. it is important to note that we will make our facility free of charge since we hope to attract enough grants and funds from donors.

b. Sales Forecast?

• First Fiscal Year (FY1): $250,000
• Second Fiscal Year (FY2): $350,000
• Third Fiscal Year (FY3): $450,000

c. Estimated Profit You Will Make a Year?

Age Gracefully® Elderly Group Home, Inc. will operate as a nonprofit organization.

d. Profit Margin of an Elderly Group Home 

Age Gracefully® Elderly Group Home, Inc. is designed not to make profits hence we don’t have a profit margin for our services.

Growth Plan

A. how do you intend to grow and expand.

Age Gracefully® Elderly Group Home Facility, Inc. will grow by first opening other outlets in key cities in the United States of America within the first five years of establishing the organization and then will start selling franchises from the sixth year.

b. Where do you intend to expand to and why? (Geographical locations)

Age Gracefully® Elderly Group Home, Inc. plans to expand to first to Sumter – Florida and then to Liliano – Texas, Lancaster – Virginia, Alcona – Michigan, and Catron – New Mexico.

The reason we intend to expand to these geographic locations is that available statistics show that they have the highest number of elderly people in the United States. According to Pew Research, 115,350 elderly people live in Sumter – Florida and that is about 52.9 percent of the population of the county.

The founder of Age Gracefully® Elderly Group Home Inc. plans to exit the business via merger and acquisition. We intend to merge with an international charity organization that has a world spread so that the management of the organization can be placed under a trusted hand when the founder retires.

The goal of combining two or more charitable organizations that are into senior care is to try and achieve synergy – where the whole (the new organization) is greater than the sum of its parts (the former two separate entities).

More on Healthcare

We earn commissions if you shop through the links below.  Read more

18 Elderly Care Business Ideas

Back to Business Ideas Categories

Written by: Carolyn Young

Carolyn Young is a business writer who focuses on entrepreneurial concepts and the business formation. She has over 25 years of experience in business roles, and has authored several entrepreneurship textbooks.

Edited by: David Lepeska

David has been writing and learning about business, finance and globalization for a quarter-century, starting with a small New York consulting firm in the 1990s.

Published on December 1, 2022 Updated on February 12, 2024

The number of Americans age 65 and up is increasing fast and set to hit 80 million by 2040. All those elderly people will need a great deal of medical care and other assistance, which represents a major business opportunity.

If you have patience and compassion, you could help people live better lives while earning a steady income. Check out our excellent list of elderly care business ideas and get ready to start a positive new business in your community!

1. Senior Transportation

Again, the number of Americans age 65 and up will hit 80 million by 2040. They may be old, but they will still have places to go! If you’re on the lookout for a big business opportunity, consider senior transport.

Start your business by understanding your target market. Older adults still need to visit the doctor, shop for necessities, and see friends and loved ones. But most can no longer drive and public transport often has accessibility issues. The answer is private transportation providers, like your next business!

You could also find out whether seniors need other services. Do they need service providers or just drivers? What is their budget? The answers to these questions will help you determine the type of fleet and service model to use. With your senior transportation business, you can look forward to making a profit and helping seniors maintain their mobility and independence as well. 

2. Non-medical Home Care

As the massive Baby Boomer generation ages, the non-medical home care market is growing fast. It’s already worth nearly $300 billion globally and expected to see strong 8% growth in the coming years. If you like helping people, you could start your own home care business and improve people’s lives while also making a good living. That’s a win-win! 

Of course, you’ll need to do a bit of work to get there. First, your state may not require licensing for non-medical home care. Check with your state for details. If you don’t need a license, it’s still a good idea to get a bit of training, even from an online platform like Care Academy.  

Next, your business will definitely need reliable insurance in the event of any incidents, so be sure to get that. Finally, just register your business and start offering your services on home care platforms and services sites like Angie’s List. With a bit of luck, determination, and strong marketing, you’ll be caring for people in no time, and building a successful business.

3. Assisted Living

A growing geriatric population in the US is also driving an expansion in assisted living, which is set to grow 5% annually through 2027. If you’re an entrepreneur with a background in health care, you might consider starting an assisted living business. It’s a great way to help take care of the elderly and make an impact in your community while making a profit.   

Before you start your assisted living business, it’s important for you to assess the competitive landscape and determine the services that you will offer. You’ll need to comply with the zoning and licensing requirements. It’s also a good idea to study the possible legal issues, hire the right people, and decide which amenities to provide. Most assisted living facilities have gardens, a library, entertainment and a doctor on call. This business needs hefty investments, but the potential for financial rewards is great. So start drawing up the building plans for the best assisted living facility in your area.

4. Errand Running

Busy professionals with little free time and older adults with mobility issues could be your biggest clients if you start an errand running business . Just focusing on the older population provides the errand services industry a huge and fast-growing customer base.

So what does an errand runner do? Pick up clothes from the cleaners, fill the car with gas, pick up a prescription, and other daily tasks. You might want to just focus on a few services and develop your own niche, or you can do whatever your client asks you to do. It will be a matter of time management and you will have the flexibility to set your own schedule. You will need to research the market, though, and learn the prevailing rates. Most errand runners charge by the hour instead of by task.

5. Pool Cleaning

Pool cleaning might not sound very glamorous, but it’s honest work that pays well. Best of all, as pools have become less expensive in recent years, they have also become more popular, which means demand for pool technicians is at an all-time high. 

Of course, pool maintenance involves a lot more than cleaning. The trouble could be anything from a leaky skimmer or malfunctioning pump to an algae bloom or clogged pipes. There’s tons of pool-related servicing to be done. So you could start a pool cleaning business, ride the wave to serious success and soon you’ll be sitting by the pool yourself, enjoying all the profits.  

It helps to live in an area with a lot of pools, and somewhere that’s warm year-round, like Florida or Arizona. You’ll need to get all the appropriate equipment, from filters to cleaning chemicals, brushes, hoses, buckets, nets and more. Finally, enroll yourself in a two-day course to be trained and certified as a pool cleaning technician. All this done, you can start offering your services online while you build your website and launch your new pool cleaning business.

6. Carpet Cleaning

Sooner or later carpets get dirty, which helps explain why carpet cleaning is a $5 billion US industry. It’s also seeing sharp growth these days, thanks in part to greater concerns about cleanliness and sanitizing as a result of the pandemic. This means now is a great time to start a carpet cleaning business, help people live healthier cleaner lives and ride the wave to success. 

Getting started is not as difficult as you might think. You’ll need cleaning equipment and a vehicle in which to transport it from job to job. You’ll also need to acquire the relevant licenses and permits. Once all that’s done you can offer your services at online platforms and start marketing your new business. If you use the latest cleaning solutions, which are safe and environmentally-friendly, and promote this aspect of your business, you’ll likely be cleaning up — literally and figuratively — in no time.

7. Gutter Cleaning

It might not sound like the most elegant job, but cleaning gutters can be highly profitable. Demand for gutter cleaning and other outdoor domestic services has sharply increased as people have spent more time at home. The US gutter services industry is expected to take in more than $700 million in 2022. 

You’ll need some money upfront for buying cleaning supplies and tools. Before you launch your business, though, research the market and see what other gutter cleaning services providers are offering and what their rates are. You can differentiate your business by offering services using environment-friendly cleaning products and automated solutions. 

Once you’ve decided on your niche, start pitching your services on social media and seek referrals. Offer discounts to attract clients and provide additional services like painting over graffiti, or snow shoveling in the winter. Starting your own business can be a daunting task. But with a bit of research and planning, it can be an incredibly rewarding experience.

8. Massage Business

Do you have strong hands and a knack for helping people relax? If so, you might think about starting your own mobile massage business, making house calls to reduce people’s stress and anxiety during these tense times. People want convenience and are willing to pay a bit more for a service that comes to them, on their time, so there’s good money to be made in a mobile massage therapy company. As the pandemic recedes, massage is coming back strong and you could ride that wave to success, and maybe even open your own spa some day. 

If you’re not already, you will need to get trained and certified as a massage therapist, which most states require. But this can be done in just a few months, often for a reasonable price at a local community college. Once you’re certified and have chosen your specialty, you’ll just need a reliable vehicle, a massage table and some other supplies and you’ll be ready to start taking on clients, reducing their stress and filling up your bank account!

9. Hospice Care

Once again, the US’ aging population is boosting another industry — hospice care. The market is set to increase by nearly $80 billion from 2020 to 2025. So, if you’re thinking about starting a hospice business, now’s a great time. You’ll be providing crucial care to people in need while making good money.

But you’ll need to understand the basics of hospice car, from licensing and insurance to staffing. You will need to choose your business model. Hospice care can be provided at home or in a hospice facility. If you’re building a hospice facility, you will need capital and have to comply with zoning and other regulations. You will also need to determine the services that you can provide. Hospices provide pain relief, symptom management, and emotional support for terminally ill patients. It’s not going to be easy. You’ll have to be creative with your marketing and be willing to put in serious effort, but you can get there.

10. Personal Shopper

A surge in online shopping has opened plenty of opportunities for personal shoppers. At Walmart, for example, the number of personal shoppers has more than doubled. If you’ve mastered some shopping skills, you might want to grab this opportunity to start a personal shopper business. 

Personal shoppers make money by shopping for other people, usually for clothing and accessories, groceries and other essentials. The US is home to more than 33,000 personal shoppers and the number is increasing. 

Before you get started, assess your shopping skills, such as putting outfits together, negotiating the best prices, keeping track of sales, and so on. It’s to your advantage to identify your target market. Some personal shoppers provide services directly to their clients while some work for stylists, department stores, and supermarkets. More Americans are turning to personal shoppers for their needs, so it’s a great time to brush up on your shopping skills and make some cash.

11. Grocery Delivery

Global online grocery delivery sales have grown 30% since the pandemic crippled economies in 2020. This stellar performance is expected to continue through 2024 as a lot of people continue to stay home even with the lifting of protective measures. With online grocery shopping, consumers no longer have to spend time queuing in supermarkets. They simply browse a retailer’s website or app, choose their items, pay online, and take delivery on their doorstep. 

If you’re thinking of starting a grocery delivery business, now’s the time to do it. You have at least three options: operate your own delivery service, work with a franchise, or sign up with an established retailer. Consider carefully the pros and cons of each option before deciding on which business model to choose. Assess the competition as well and identify possible clients if you’re going to give it a go on your own. Whatever your decision, plenty of opportunities await.

12. Personal Driver

Some people hate waiting in line for a taxi or spending $40 on an Uber ride across town. Well, there’s a new trend that’s convenient for anyone who wants it: personal driver services. Demand for professional drivers is increasing as more people realize the advantages of a stress-free and seamless commute. More than 30,000 jobs for taxi drivers and chauffeurs, including personal drivers, are expected to be created per year through 2024 in the US.

In order to start your own personal driver business, you need to have a standard or commercial driver’s license. Check with your local authorities whether you need both. Some states may also require personal drivers to undergo training on safety regulations, navigation skills and customer service skills before they can accept clients. You should know the direct routes to hotels, convention centers, restaurants, airports and other landmarks. If you’re familiar with the streets in your city or state, then your personal driver business would have greater chances of success.

13. Handyman Business

If you’re good with your hands and enjoy fixing things, starting a handyman business could be the perfect fit. For one thing, you’ll be doing what you love and taking care of people’s problems. For another, the US handyman industry has been growing steadily for years, and by 2026 the broader home services market is expected to double! So there’s clearly a real opportunity out there. 

A key first step will be determining which services you will offer. In addition to repairs, you could offer maintenance, painting, cleaning, drywall, carpentry, minor renovations and more. Here are profitable handyman business opportunities and ideas . Next, buy all the necessary tools and start advertising your services on online platforms like Angie’s List. 

You could also reach out to landlords, developers and residential complexes offering to provide your services at a discount. Once you’ve delivered great work in your first few jobs, you can bump up your rates. With any luck, you’ll soon be kicking back in the office counting your cash while your employees do the heavy lifting.

14. Lawn Care Service

Are you a green thumb with an entrepreneurial spirit? If so, a lawn care business might be the perfect venture for you. For starters, the market has grown significantly in recent years, thanks to the real estate boom, and is forecast to keep expanding in the years ahead. In addition, all lawns need care sooner or later, which is why this is a $100 billion industry in the US alone. Put it together, and there’s little doubt this market offers real opportunity. 

Of course, you’ll need to stand out in order to attract clients, and deliver top-quality service to keep them. This means you’ll have to invest in the latest lawn mowing and maintenance equipment as well as a strong marketing campaign across social media, various online platforms like TaskRabbit and Angie’s List, and your local community. But if you’re able to do all this right, and get the necessary licenses, you’ll soon be rolling in the green — and we’re not talking about grass.

15. Pet Sitting

You’d probably never guess that pet sitting is a $2.6 billion industry, but it is indeed. People love their pets, and will spend whatever it takes to ensure their animals are cared for when they are away. The pet sitting market is projected to see impressive growth through 2027, so if you’re an animal lover, now is the perfect time to start your own pet sitting business and ride that wave to serious profits. 

The first step is to decide which type of pets you’ll care for. Do you have more experience with dogs or cats? Are you OK with snakes? Once you’ve got that nailed down, you’ll just need to buy some pet toys and supplies and offer your services on a gigs site like TaskRabbit. It’s a good idea to reach out to friends, family and work-related contacts and acquaintances. If you’re able to generate an initial client or two from your own personal network, and provide them with great service, you’ll have a strong reference to promote your services and start building a successful business. 

16. Mobile Waxing

In addition to spa parties, at-home hair removal wax procedures are becoming popular. If you’ve been looking to join the booming beauty industry, consider a mobile waxing business. Waxing continues to be the most popular method of removing unwanted hair growth, as it leaves a smooth finish. The global wax hair removal market is projected to post strong annual growth of 6% through 2031. With a mobile waxing business, you can provide hair removal services in people’s homes or offices. 

Before you get started, check the licensing requirements in your area. Some states require a cosmetology or waxing certification before you can practice as a wax technician. It’s also a good idea to prepare your waxing equipment and keep up with the latest trends. For example, pre-made waxing strips are becoming more popular as you won’t need to heat wax anymore. It’s also important to be aware of the kinds of wax that your clients prefer. With the right tools and information, you’ll be on your way to running a successful business in no time.

17. Medical Billing and Coding

Many health care providers are outsourcing some business functions, such as medical coding. If you’re a certified medical coder, why not start your own medical billing and coding business? It’s something that you can do from home so your overhead costs will be minimal, and it’s a growing market with plenty of opportunities due to the pandemic. The medical coding market in the US is set to grow 8% per year and pass $30 billion in revenue by 2028. 

So, if you are ready to get started, make sure you have the required certifications to operate a medical billing and coding business. A medical coder translates reports of a patient’s visit into payment codes, which are then used as the basis for the medical bill or insurance claim. It’s important to abide by national standards to protect patient information and other regulations. With proper training and hard work, you can make your medical billing and coding business successful.

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Save my name, email, and website in this browser for the next time I comment.

• Senior Transportation
• Non-medical Home Care
• Assisted Living
• Errand Running
• Pool Cleaning
• Carpet Cleaning
• Gutter Cleaning
• Massage Business
• Hospice Care
• Personal Shopper
• Grocery Delivery
• Personal Driver
• Handyman Business
• Lawn Care Service
• Pet Sitting
• Mobile Waxing
• Medical Billing and Coding

Subscribe to Our Newsletter

Featured resources.

12 Business Ideas For Disabled Persons

Carolyn Young

Published on November 4, 2022

More than 60 million US adults live with a disability. Though many companies tout their commitment to inclusion, many disabled people are relegatedt ...

35 Health and Wellness Business Ideas

Published on July 14, 2022

Even before the coronavirus pandemic swept the world, consumers were spending more on products focused on better health, nutrition and immunity. Ify ...

How to Start a Small Business

Published on January 15, 2022

Owning a successful business is one of the most rewarding things you can do with your life. It’s empowering and liberating, and allows you toprodu ...

No thanks, I don't want to stay up to date on industry trends and news.

Your guide to starting a successful elderly care business

Claim your free Nextdoor business page

Claim your business page to get discovered by customers and manage your recommendations

As the U.S. population ages, it’s estimated that there will be more older adults than kids by 2035 — and for the first time in U.S. history. With this shift comes a growing need for elderly care businesses that cater to the baby boomer generation, and their families needing the extra support.

This guide explores how to start an elderly care business in your area, covering everything from acquiring start-up capital to marketing your increasingly in-demand services. Follow along to learn how to bring your elderly care business ideas to reality.

Decide on your services

With a range of eldercare business types and needs, start by focusing on what services you’ll offer. While a broad range of services can help engage a larger clientele, it can be beneficial among the competition for an eldercare business to have a specific niche.

Examples of popular elderly care services include:

• In-home care – Bring services straight to your clients in the comfort of their homes. In-home care can consist of errand running, household chores, or providing specific health services. 
• Day programs – This is a popular option for those looking for someone to take care of their elderly relatives during work hours. They’re dropped off in the morning and picked up in the evening, creating a convenient schedule for those who need daytime flexibility.
• Independent-living facilities – These spaces are designed to provide a community for senior citizens to thrive while remaining autonomous. Those in an independent-living facility are generally capable of taking care of themselves, so there’s less of a need to provide medical treatments or care. Many are located near medical service providers should a resident have an emergency.
• Assisted-living facilities – For elderly people that require some level of regular care, assisted living is a middle option between total independence and around-the-clock care. With personal care staff and basic health services available, assisted living can be a temporary or long-term arrangement.
• Nursing home – With a team of nurses, aides, and cleaning staff, nursing homes provide constant care to seniors who need it. Social workers, therapists, and a range of professional services may be available on-site or on-call.
• Specialized elderly care – For those with progressive and degenerative conditions, there are also specialized elderly care options that fit their needs. 

Choosing your services and type of business will depend on your background and experience. As Dr. Zachary Palace , medical director of the New York-based Hebrew Home of Riverview, says, “My first job after fellowship was as a staff geriatrician at the Hebrew Home. It was a great opportunity to implement the skills I had honed in residency and fellowship.”

Create an elderly care business plan

As you build a business that provides care for those in need, make it a sustainable endeavor for you and your clients with the right strategy. A business plan is an essential part of the portfolio you’ll present to banks, investors, and partners when launching or growing your company. Every entrepreneur can benefit from a business plan that helps you turn your vision into action, from mission statement to marketing.  

Your elderly care business plan should include the following details:

• Business structure – This includes the services you’ll offer and your plans for daily operations. From owners to managers to employees, detail your organizational structure making sure all responsibilities are clearly defined. 
• Licenses and certification – Elderly care businesses often require specific certifications and licenses to operate in varying state-by-state or even between counties and cities. Elder caregivers often become CSAs (Certified Senior Advisor). Confirm your needs within the area you plan to operate, and include all certifications and operating licenses here.
• Insurance – Liability is an issue to consider in elderly care, making business insurance important. Potential investors will want to know you and they are covered from financial and legal risk, so include these details.
• Financial planning – An effective business plan shares both a compelling narrative for your idea and the reality of how you’ll make it successful. Your financial planning section should be well-researched with a realistic timeline for when and how your business will be profitable.

Lock in a location

Whether you’re looking for a headquarters for employees or a space to see and care for clients, your elderly care business may require a brick-and-mortar location. A business plan will help you seek out what you need for this, including funding or partners.

When establishing where you plan to operate, consider factors, like:

• Community needs – Look into who you’ll be serving and what other elderly care businesses already exist in that community. Ideally, you’re able to offer neighbors a new option that they want and need.
• Accessibility – From elevators to wheel-chair ramps, it’s imperative that your eldercare facility is fully accessible for those seeking your services. If this requires renovations, factor these costs into your budget before signing your lease.
• Overhead, maintenance, and miscellaneous costs – Renovations aren’t the only budgetary consideration. Add up the down payment and any deposits, possible maintenance fees, and other unexpected expenses in the first years of operation. 

Hire your staff 

Who you choose to employ in your elderly care business will depend on the specific services you offer. You may require trained medical professionals or only a small crew of diligent support staff.

Whatever your staffing needs, consider the following when you begin the hiring process:

• Ask for references – Caregiving is a compassionate industry. Be sure you’re hiring those with strong reputations. 
• Hire locally - tart the hiring process by sharing any job listings on Nextdoor to find talented individuals in your area, quickly and conveniently.

Your team will play a big part in the quality of your services. Ensure the best possible results with an in-depth onboarding process that unites employees around your mission and vision for the company and the care you provide.

Build your marketing strategy

To help your elderly care business take off, design a marketing plan that speaks to your important audiences of local elders, plus their families and adult children. 

While there’s no one-size-fits-all strategy for marketing, start with the following:

• Build a digital presence - A website and free Business Page on Nextdoor will make you easy to find, learn about, and get in touch with. Your Nextdoor page instantly unlocks a following of verified neighbors looking for services like yours. Keep your online pages up to date, and utilize social media to interact with your community of potential clients.
• Keep it local – Free posts with your Nextdoor business page let you share updates with neighbors within two miles of your business. Hyperlocal advertising tools help you get an ad live in minutes reaching the ZIP codes you want to grow your business in. You can also visit fellow local businesses to pass out flyers or put up posters on community bulletin boards. 
• Get recommendations – Word-of-mouth marketing builds trust in your business and reputation. Ask for website testimonials or Nextdoor recommendations from former clients. As you open, make this ask a part of the process so you have a steady stream of positive reviews. 

As Sam McCoy , senior vice president of elder rights at the Direction Home Akron Canton Area Agency on Aging & Disabilities, says, “I am a believer that past performance is the best indicator of future performance.”  

Any marketing efforts you make, lead with messaging that highlights your unique value along with your dedication to quality service as a people-first business that cares about its clients.

Community-first elderly care with Nextdoor

With a business plan, dedication to service, and buzz started in your local area, you’re on your way to building a successful elderly care business. Keep your community in mind with Nextdoor , where neighbors share recommendations, learn about local businesses, and build stronger neighborhood connections. Claim your Business Page today.

Related Health and Fitness Articles

Health and Fitness Insights Brand & Enterprise

Nextdoor users lead the charge with 71% vaccination planning rate [Insights from Nextdoor]

Announcements Health and Fitness Brand & Enterprise

Conversations about the Flu vaccine on Nextdoor tripled between September and January

Conversations around caregiving resources are rising

Health and Fitness Medical and Dental Small Business

A guide to the most common caregiver duties

How to Start a Successful Adult Care Home

• Small Business
• Types of Businesses to Start
• Starting a Home-Based Business
• ')" data-event="social share" data-info="Pinterest" aria-label="Share on Pinterest">
• ')" data-event="social share" data-info="Reddit" aria-label="Share on Reddit">
• ')" data-event="social share" data-info="Flipboard" aria-label="Share on Flipboard">

How to Add Polish Locale to Your Android

How to be a self-employed caregiver, what are the requirements for opening a day care center.

• How to Get Grant Money for an Elderly Care Business
• How to Start a Physical Therapy Home Health Business

Though modern technology and scientific breakthroughs, especially in the area of health, have lead to an increase in life expectancy, certain challenges like those of offering adequate adult care to the elderly have also arisen. While sons and daughters become more engaged in the pursuit of their life goals and guardians become older and more dependent, adult care homes have become increasingly necessary to cater for the ever-increasing needs of the elderly. The meeting of the needs of the elderly through adult care homes has become a business opportunity, which, if well managed, will not only offer service to the elderly but a livelihood to those who start them.

Research if and where there is a need to start an adult care home. Research is probably the first thing you need to do in order to establish a successful adult care home. To aid you in determining the need it will be vital to look at the census results for various cities that have a numerous population of elderly people or people that are nearing the retirement age. Your research should also be geared towards an understanding of the needs of the elderly so as to ascertain whether you are able to meet those needs. Some of the needs of the elderly may include financial, medical and emotional support. Research your competition in the area as well, and determine what they offer in terms of services and prices.

Write a business plan. Plan out where you will operate your adult care home, how you will finance it, how you will market it and how you will finance it. If you need to obtain financing, the business plan will be needed to apply for the loan. Make sure it has a professional look to it.

Secure an ideal location for starting your adult care home. As you check for a location, verify that the zoning of the area you settle on can actually operate an adult care home. An ideal location for such a business should be in a quiet environment away from noisy surroundings and an area that is assessable to medical facilities such as ambulances and hospitals. The location of your business should be determined by your research findings on the needs of the elderly. Cross check your list of the needs with the prospective location to see whether it will serve you well.

Apply for and obtain the necessary license to operate your adult care home. The state will review you application and give you a license if you meet all the criteria for the particular license. Different states have different rules and regulations on adult care homes, and you must therefore discover what is expected of you from the city hall or from any other authorized body. In the state of Michigan , for example, licenses for adult care homes are provided by the Michigan Department of Human Services. Obtain all the proper insurance (business property, liability, workers' compensation and unemployment) and apply for an employer identification number with the Internal Revenue Service. Also, search for the business name you intend to use, usually on the state's secretary of state website, and register your name with the state.

Hire professional staff to attend to your clientele. The success of your adult care home will be determined by the kind of staff you employ. Hire staff that will reflect your principles and care for the elderly with respect and dignity. Begin by identifying the kind of staff you will need, the number of staff you will need and the qualifications required for each staff. It may be advantageous to you to employ those with basic skills in nursing, personal care and social care. It is also important to do a thorough background check on every potential employee before employing them to avoid hiring felons.

Market your adult care home. Focus on areas that will touch the elderly the most. Develop professional relationships with area doctors and hospitals, as they often will recommend adult care homes to elderly patients.

• Home Business Center: How to Start a Home Nursing Care Business 1-2-3
• ATouchofBusiness.com: Starting a Home Health Care Business
• Consider obtaining extra license and certification required to admit Medicare and Medicaid clients.
• Buy the necessary equipments, uniforms, literature to put in your adult care home

Fiona Miller is a resident of Vancouver, Canada. Her writing career began in London in 2004, working as chief editor for the International Finance Journal, an online magazine with readership across Europe. Miller holds a diploma in creative journalism and English from Concordia University, a Bachelor of Commerce in international business and an M.B.A. from the IESE Business School in Barcelona.

Related Articles

What do you need to open a daycare center, how to start an urgent care center, how to start a pediatric after-hours clinic, how to operate a home health care business, information for starting a day care center, how to start an adult foster care home in michigan, how to start a small group elderly foster home, how to create a tutoring business, how to start a special-needs adult day care, most popular.

• 1 What Do You Need to Open a Daycare Center?
• 2 How to Start an Urgent Care Center
• 3 How to Start a Pediatric After-Hours Clinic
• 4 How to Operate a Home Health Care Business

Don't bother with copy and paste.

Get this complete sample business plan as a free text document.

Nursing Home Business Plan

Start your own nursing home business plan

Bright House

Executive summary executive summary is a brief introduction to your business plan. it describes your business, the problem that it solves, your target market, and financial highlights.">, opportunity.

There is a lack of full-time assisted living facilities available that offer skilled and respectful care to residents. In addition, there are not enough medically skilled short-term care facilities for patients in CT.

Bright House aims to be that home for 14 lucky full-time assisted living residents, offering medically-skilled care in a respectful, self-sustaining community, and offering skilled nursing care for short-term residents. On our beautiful, newly remodeled 6 acre property (the former Wayfield Bed and Breakfast) in the small college town of Middletown, CT, Bright House brings together decades of experience and innovative, alternative visions of the potential in our elderly family members’ latest years.

The aging of the Baby Boomers is a well-known and much discussed fact of our times. More and more of this population, many of whom were instrumental in creating the counter-culture of the 1960’s and 70’s, are unhappily surprised about the options available to them as they age. Fortunately, just as AARP (formerly known as the American Association of Retired Persons) has become a major representative of this non-traditional group, elder-care alternatives along the Eden Care model are being founded.

Residents’/Patients’ Needs

Our own experience, based on years of caring for elderly patients, is that people seeking assisted living care and skilled nursing care have many of the same needs:

• To be treated with respect and dignity
• To be actively engaged in a community of some kind
• To be involved in his/her own treatment and living plan
• To be cared for by skilled, medically-knowledgeable clinicians and caregivers, working as a team

You may notice that our list of "needs" seems to go in the opposite order to that of most hospital-model nursing homes; this is not an accident. Unfortunately, most of our elderly population who need care are treated with the billing system’s needs, and not their own, in mind. 

Families’ Needs

Similarly, the families of people seeking caring environments have their own set of needs they are seeking to fulfill:

• Peace of mind about their loved-ones’ physical and mental state
• Relief from the time-consuming job of caring for their family members themselves
• Relief from the feelings of guilt which often overcome them when they find they do not have the physical, emotional, or intellectual resources to personally provide appropriate care for those they love

The big, unstated elephant-in-the-room for families seeking care is the feeling of being a bad daughter or son or spouse, who is not willing or able to put her life on hold to take care of a much-loved family member. At Bright House, we do not seek to dismiss this feeling, but to reassure families in everything we do that the choice to let us take care of their family member is a loving, kind, and generous act.

Competition

There are a number of different options for families seeking nursing home care, from in-hospital recovery centers, to for-profit chains, to specialized care for people with Alzheimer’s, AIDS, diabetes, and so on. The specialized care facilities, which are usually nonprofit, and offer individualized nursing care, come closest to our care model, but are usually reserved for people with a particular ailment in need of intensive medical assistance.

At Bright House, we promote the dignity and self-worth of all of our residents, and strive to give them excellent quality of life, as defined by the residents, individually and as a group. To that end, we encourage resident group decision-making through the House Councils, access to all areas of their homes here at Bright House, and self-determination in activities, socialization, and food preferences. Bright House is not just a caregiving facility—it is their home, and their community.​​​​​​

Expectations

Financial highlights by year, problem & solution, problem worth solving, our solution, target market, market size & segments.

We are basing our Market Analysis on data from Middlesex and Hartford counties, affluent portions of which, such as Glastonbury, are within a short drive of our facility.

Base Numbers for private residents:

The current total population of residents 65 and older, according to the 2000 U.S. Census, is 155,071 in Middlesex County, and 857,183 for the same group in nearby Hartford County. (The percentage of elderly in both counties is slightly higher than the 12.4% of the overall Connecticut population.) Our projections reduce that number by 70% to account for those healthy enough to care for themselves, or with family members able to care for them, leaving us with a total potential market of 303,676. We then reduce that number again by half to get the total potential customers living within a 35 minute drive of Middletown (these are small counties, and we are situated at their juncture), leaving us with 151,838. Of these, we estimate roughly 8.5% will have the means ($150,000 or more family income) to pay for full-time private care at our facility (based on the 2000 census data about Connecticut income).

This leaves us with roughly 12,906 nearby upper-income residents of Hartford and Middlesex County who are 65 or older, and in need of medical or other daily assistance in their living situation. To project into the future, we again looked to the 2000 Census. The Census’ Projected Population of Connecticut is as follows:

While the overall population of Connecticut is projected to decline over the next five years, before rising again, we know that the proportion of the overall population age 75 and older (our target market age) is slowly rising. We therefore include a modest projected increase in potential customers of 1% over the next five years.

Medicare residents and short stays:

A study published recently in the journal Health Affairs by Morrissey, Sloan, and Valvona found that the proportion of Medicare patients transferred to post-hospital care has doubled since the Prospective Payment System (PPS) was introduced. Rather than staying in the hospital until recuperated, the current system preferentially delegates recovery care to private non-hospital facilities, leaving room in hospitals for urgent or crisis care. We base our projections for Medicare residents on the same figures listed above, but looking at the percentage of elderly with family incomes between $30,000 and $75,000 dollars,* rather than just the highest bracket, we get 40% of the population, or 60,735. We apply the same conservative 1% growth rate, below.

Brought to you by

Create a professional business plan

Using ai and step-by-step instructions.

Secure funding

Validate ideas

Build a strategy

Market Segmentation

Although we have broken our target population into two groups based on income, our marketing strategies rely on another level of breakdown—marketing to potential residents, and marketing to the families of potential residents, who may or may not have similar needs.

Target Market Segment Strategy

The overall populations we wish to serve are older people (65 and older), in need of daily assistance, who value community and the contributions of their peers. Since Bright House will become their home, we especially are seeking residents willing to make this house a home, and learn from and teach each other.

We also recognize that we must meet the somewhat different needs of our residents’ families, who will help them make the decision to live with us, or recuperate here, and who will almost certainly be contributing to the monthly payments necessary to provide for their care.

Current alternatives

 Alternatives and Usage Patterns

Families choose one elder care facility over another for a variety of reasons. The most common issues involved in their decision are distance from their home(s), affordability, quality of staff and facilities, and particular medical specialties necessary for their family member. Families will usually choose the highest level of care affordable within 45 minutes to one hour of their homes, in order to make visiting their family member easier.

Main Alternatives

The following three organizations are representative of the types described above:

Fox Hill Center, Rockville

• For-profit, part of a chain
• 3.37 nursing staff hours/resident day
• 150 beds (not 150 rooms)
• 11 deficiencies in Medicare inspection

Fox Hill Center is typical of the hospital-model nursing home. It is large (150 beds), for-profit, and has a fairly low rate of nursing hours per resident day. Its size makes it able to care for many patients, but often at the expense of individual attention.

Sister Anne Virginie Grimes Health Center, New Haven

• Nonprofit, religious based, located in a hospital
• 3 deficiencies

The Grimes Health Center, like many religious care centers, is nonprofit, and has a slightly higher rate of nursing hours per resident day than the for-profit centers, despite its large size. Quality of care, however, is noticeably higher (3 deficiencies in inspection, compared to 11 at Fox Hill).

Leeway, Inc., New Haven

• 4 deficiencies

Leeway is a typical specialized private (not in a hospital) nonprofit care facility. It is much smaller than the other two described, has the highest rate of nursing care per resident day, and high quality marks in inspection. Its small size and nonprofit status allow it to focus on providing individual attention. Leeway is Connecticut’s first and only skilled nursing home dedicated solely to the treatment of people living with AIDS.

Our advantages

Although the hospital model of care practiced in most nursing homes provides good results for Medicaid and Medicare billing purposes—that is, easily quantifiable lists of procedures and medicines administered, test results, and billable nursing hours—it does not provide good quality of life for residents (or "patients," as they are referred to in the hospital model).

At Bright House, we see a different way of assisting our elderly members through a new stage in their lives. Acknowledging that where they live is their home, and belongs to them, not to the medical staff, we have established a facility that not only meets their medical and physical needs, but one that also nourishes their social connections, individual dignity, and personal preferences. Each resident has a private room with bath, opening onto a central shared common area containing the kitchen, living room, and dining room, where all meals are shared communally at our 15 foot farm-style dining table.

Far more devastating than physical illness to our elders, is lack of purpose. Studies have shown over and over that seniors who are engaged in activities they find meaningful are far more likely to retain mental acuity, physical health, and emotional well-being. Although the hospital model tries to provide such stimulation, its "activities" are usually organized by staff, with little or no input from "patients," and become just one more set of required tasks for all involved. At Bright House, we have already begun working with prospective residents to identify areas of interest and methods of community involvement that will appeal to them.

Keys to Success

We have identified four keys to success for Bright House:

• We offer more resident-oriented, small-scale, home-model care than our competitors;
• Our innovative use of Elder Assistants lowers the cost of providing this care considerably;
• Our fair wages and team structure lower dissatisfaction, and thus turnover rates among our staff;
• Our on-site Skilled Nursing Facility ensures continuity of care when our residents need more intensive assistance.

Marketing & Sales

Marketing plan.

The main means of marketing for Bright House is through word of mouth. Due to our respectful and medically skilled staff we trust our business to speak for itself. Therefore, we don’t need much marketing. In addition to word of mouth, we will offer tours Monday-Friday. These tours will allow us to show off our beautiful facilities, and will hopefully draw in more potential residents. Lastly we will have a website that we will use to promote our tours and will serve as marketing to our more tech-oriented customers.

Our sales will mostly come from tours, but some will come from our website as well. Our space is limited, especially for full-time residents, so potential customers will need to go through an application process. People are able to fill out an application in person at our main office, or can submit an application online. If the application is approved, we can talk to the family about the specific needs of the resident and when they can move in!

Locations & Facilities

We have now nearly completed the five-month renovation of the former Wayfield Bed and Breakfast into our two main facilities. The main building will house our privately insured, assisted-living residents. The skilled nursing facility across the courtyard offers more intensive care for post-operative and recovering temporary residents, as well as providing a setting for increased care for our residents as needed.

Each resident in our assisted living retreat will have a private bedroom and bath, opening onto a central social area containing the living room, dining room, and kitchen. We have two larger rooms that can accommodate married couples who move in at the same time, for a total of 12 rooms, holding up to 14 residents. Each room is wheelchair accessible, and can accommodate maintenance machines such as oxygen.

Middletown, where we are situated, is centrally located 25 minutes from Hartford, and 30 minutes from New Haven. Middletown is a small college town, with an ethnically and economically-varied population.

In addition to our advanced medical equipment, the main use of technology at Bright House will be the installation and use of our computerized medical record system. The benefits of this system (described in the Start-up Summary, above) are numerous. The system will also allow residents to access their own individual records with a password at will, to ensure that they understand as much as they can about their own situation, and how to maintain their health.

We are working carefully with DigInfoMedTel to ensure that all of our technology meets Health Insurance Portability and Accountability Act (HIPAA) standards before implementation. We will hold a series of HIPAA trainings with the software in mid-December to ensure that our staff is fully-knowledgeable in this area.

Milestones & Metrics

Milestones table, key metrics.

Key Metrics 

• cost effective housing and prcing 
• pharmacy inventory 
• twitter reviews and retweets 
• radio advertisements 

Ownership & Structure

Bright House is chartered as a nonprofit 501(C)(3) corporation in Middletown, CT, with the goal of providing holistic and respectful assisted living and skilled nursing home care to a small group of elderly residents. Our primary location is the old Wayfield Bed and Breakfast, on Farmer’s Road, which we have spent the last five months converting into a two building nursing home facility in line with Eden Alternatives "Greenhouse" model for enlightened elder living. (See architectural drawing, attached.)

Management team

Caregiving Management

Bright House offers a different management structure from that of the typical hospital-model nursing home. Our primary caregivers, the 6 Elder Assistants, work as a self-managed team, meeting with the Medical Director and the nurse on-call every morning to coordinate care for the coming day.

Although the Medical Director has the ultimate responsibility for the health and well-being of all residents and visitors, the nursing and caregiving staff, with their different kinds of knowledge about the residents’ physical, social, and mental well-being, are expected to note, discuss, and recommend courses of action for all residents who, in their combined estimation, need help.

A 2001 study by the Robert Wood Johnson Foundation found that the small percentage of Chief Nursing Officers reporting no nursing shortages in their facilities at the time of the study cited formalized programs focused on the needs of, and professional recognition for, their nursing staffs as the reason for their adequate staffing. Our compensation packages, management structure, and caregiving requirements are designed to continually remind our LPNs and Elder Assistants how very valuable they are. 

Dr. Mildred Johnson is our Medical Director. Dr. Johnson has served as the head of Gerontology for six years at The Connecticut Hospital, and oversaw the creation, last year, of their Elder Assistant training program, which provides certification for Certified Nursing Assistants (CNA) to provide in-home hospice and respite care. Dr. Johnson has 20 years of experience working with elderly patients in this area, and has been integral in designing the physical layout, management structure, and priorities of Bright House.

The rest of our already-hired caregiving staff brings a whopping collective 75 years of professional experience in caring for elderly patients.

Financial Management:

Madeleine Morgan has been overseeing financial management of nonprofit organizations in Connecticut for 27 years. She became involved in our project when her mother developed a long-term care plan with Dr. Johnson which included home-based hospice care. "I wish everyone could have the same love and attention Dr. Johnson showed to my mother," Madeleine said. Ms. Morgan will be in charge of all financial operations at Bright House, overseeing billing, personnel payment and benefits, and development efforts.

Advertising and Marketing:

We are fortunate to have a skilled public relations officer in our group. Janice Ruthers is a retired ad executive living in Middletown with her husband (a professor at the university). She will be working 20 hours per week in our offices as a volunteer for the first two years of our plan, helping us design advertisements and brochures, and to plan events like our Open House in December to let the public see the results of our efforts.

5.1 Management Team Gaps

We still need to hire one swing-shift LPN, and one Elder Assistant. We are currently recruiting through Dr. Johnson’s connections at The Connecticut Hospital, and expect to complete our team by mid-December, at the latest.

Financial Plan investor-ready personnel plan .">

Key assumptions.

A "full" elder care facility is generally 90% to 95% full. Our non-standard model allows us to forecast for full occupancy in the main building, since turnover rates for assisted living residents are expected to be quite low (1-2 per year, at most). The skilled nursing facility, on the other hand, requires a certain number of empty beds to offer the flexibility needed to accommodate shorter stays. We therefore are projecting reaching "capacity" of our eleven-bed facility at 10 full beds.

Our resident monthly prices are based on the current Medicare nursing-hours-per-resident-day rates for our kind of services. Medicare patients are billed at roughly $135/day for nursing care, not including the cost of any medication to be administered by our staff. Our private patients are billed at a slightly higher rate to account for the low Medicare reimbursement rate, but also to pay for the extra benefits they receive as part of living at Bright House. Our rates are roughly 2/3 of our nearest competitors, the difference being made up for in donations, and savings gained through staff retention and the use of highly trained, flexible, Elder Assistants.

The small size of our facility allows us a cost savings on maintenance and grounds.

One other important assumption concerns payables: We have assumed collection days of 60, which averages our private residents’ monthly up-front payment, and the typical 60-90 day reimbursement rate from Medicare.

Revenue by Month

Expenses by month, net profit (or loss) by year, use of funds.

Start-up Expenses

One of the largest items in our Start-up budget is a computerized medical records system. Preliminary designs of this system have already been constructed by DigInfoMedTel. In addition to the obvious benefit of allowing multiple care-team members to easily exchange information as they change shifts, this system will allow our residents and staff to keep track of chronic conditions, monitor gradual but serious changes in condition which might be overlooked in day-to-day interactions, and corroborate quantifiable medical data for our Medicare patients in the skilled nursing facility.

Start-up Assets

Long-term assets include our existing location, the former Wayfield Bed and Breakfast, currently assessed at $400,000 including renovations. The location was willed to us by Evelyn and Jack Bright last February, with the condition that we include a small Medicare facility as part of the overall plan. This category includes new Long-term Assets needed as follows: $200,000 for (long-term, resalable) medical equipment, and $150,000 for initial furnishings, after the renovation.

Medical Equipment:

• 1 Fully-loaded Crash Cart
• Standard monitoring equipment (blood pressure, sugar, etc.)
• Call-button system

Furnishings:

For the common areas of both buildings, we will need couches, self-lifting recliners, tables, and chairs suitable to our residents’ needs. We have allocated $35,000 for furnishing the four common rooms.

Each private room will need a hospital-capable bed, linens, a dresser, and a phone, at the minimum. With the remaining funding, that leaves just over $6,000 per room. This budget will allow us to provide attractive, functional, and comfortable surroundings to our residents in their new homes. Each bedroom in the main building will have enough remaining space that residents can bring plenty of familiar furniture with them (up to two side tables and wingback/reclining chairs, and a second dressing table or its equivalent).

Sources of Funds

We will get a low interest loan for $210,000. We have collected donations and pledges of $291,000 Our founders will provide $407,000 

Projected Profit and Loss

Projected balance sheet, projected cash flow statement.

The quickest way to turn a business idea into a business plan

Fill-in-the-blanks and automatic financials make it easy.

No thanks, I prefer writing 40-page documents.

Discover the world’s #1 plan building software

Original text

Are you looking for a profitable, affluent, and growing market to target with a new business? Then you may want to stop thinking about those trendy millennial and Generation Z consumers and start focusing on senior citizens.

From Older Americans Month in May to National Senior Citizens Day in August, there are plenty of days to celebrate people aged 65 and older. In fact, small business owners and entrepreneurs should celebrate seniors all year long, because there are so many businesses you can start to serve them.

Here are some facts and tips on how to create a business for seniors:

The year 2030 marks an important demographic turning point in U.S. history according to the U.S. Census Bureau’s  2017 National Population Projections . By 2030, all baby boomers will be older than age 65. This will expand the size of the older population so 1 in every 5 residents will be retirement age.

By 2035, there will be 78.0 million people 65 years and older compared to 76.4 million under the age of 18. Between 2020 and 2050, the number of deaths is projected to rise substantially as the population ages and a significant share of the population, the baby boomers, age into older adulthood.

There are some  44.7 million people 65 and older  in the United States, accounting for 14.1 percent of the total population. In 15 years (by 2033), however, the  population 65 and older  is projected to outnumber people younger than 18 for the first time. By 2060, the number of seniors is projected to more than double, with people 65 and over accounting for nearly one-fourth of the population.

A big part of that senior population is the baby boomer generation, currently between 54 and 72 years old.

Baby boomers occupy a unique consumer position: Not only are some of them seniors themselves, but because Americans are living longer, many of them are also buying products and services for their parents. Many are also affluent. Overall, the spending power of Baby Boomers is expected to reach $15 trillion worldwide by the end of 2019.

Here are 8 growth industries related to seniors and ideas for businesses you can start to serve them.

• Senior care consultant:  These professionals help find the best living arrangements for seniors, whether that is at home, daycare, or a senior living facility. You’ll work with community services and local government agencies that help seniors to get client referrals. 
• Home retrofitting/remodeling:  Seniors who want to stay in their homes as long as possible are getting their homes retrofitted with features like wider doorways, shower grab bars, and other changes to make their homes safer and more accessible. 
• Travel company:  Active seniors are eager to travel, and a travel business focused on senior or family travel can be a big hit. These days, many seniors are planning multi-generation vacations, “girlfriend getaways” or vacations with grandchildren. 
• Home services:  More than eight in 10 (82%) of seniors own their own homes , but as they get older, they may prefer to have others handle the maintenance. Home-related services, such as housecleaning, lawn care, and handyman services aren't just for seniors, but targeting this clientele can help you build a thriving business. Earn the trust of seniors and their adult children, and you'll have more referrals than you can handle. 
• Nutrition/exercise consultant:  You can work with physical therapists, geriatric physicians, fitness centers, and other organizations targeting seniors to provide fitness and nutrition programs for their patients and/or customers. You can also market your services to individuals. Yoga, Pilates, dance, and swimming are popular exercise programs among seniors. 
• Non-medical in-home care:  Adult children often worry about aging parents living at home alone. Your service can ease their worries by helping senior clients with tasks of daily life, such as getting to and from appointments, shopping, cleaning, and cooking, so they're able to stay in their homes longer. You’ll need to market the service to adult children since few seniors will admit they need this type of care. 
• Medical claims assistance:  If you’re familiar with health insurance, Medicare, and the healthcare industry, you can start a business to help seniors and their families manage medical bills. You’ll review bills and medical records to make sure seniors aren’t paying too much and are getting all of the benefits they’re entitled to. Market your services to senior centers, medical offices, and financial professionals that can refer you to potential clients.
• Senior transportation services :  Seniors who can’t or don’t want to drive still need transportation to and from doctors’ appointments, to go shopping, or to get to social engagements. Their children aren’t always available to drive, and taxis can get expensive. Even in areas with good public transportation, seniors unable to walk to bus or train stops can spell an opportunity for senior transportation services. Do your homework about territory and market before starting this business, and find out what type of driver's license and insurance is necessary.   

To successfully market to seniors, keep these tips in mind:

• Seniors—especially baby boomers—don’t think of themselves as “old.” No matter what you’re selling, your marketing should speak to healthy, active customers. Focus on how your product or service enables customers to stay independent, enjoy life, and keep fit.
• Trust matters—especially if you’re selling a service that involves coming into seniors’ homes. You will need to be licensed, insured, and bonded (if relevant to your industry). Since seniors are most likely to trust companies they hear about from friends and relatives, strong word-of-mouth is essential to attract new customers.
• Diversify your marketing. While traditional marketing tactics such as direct mail and print advertising will attract senior customers, the vast majority of seniors are also online. And since adult children buying for their parents are also a key target market, an integrated marketing campaign incorporating both traditional and digital media ensures you cover all the bases.

Need more help launching or marketing your senior-related business? The experts at SCORE are there for you 24/7.

How to Conduct Market and Competitor Research for Your Business Plan Follow these 4 tips for success collecting market and competitive research for your business, both now and in the future.

3 Tactics Every Healthcare Marketing Plan Must Include In today’s digital-driven marketplace where information is instant, limitless, and consumer-centric, learn three essential healthcare marketing tactics.

Copyright © 2024 SCORE Association, SCORE.org

Funded, in part, through a Cooperative Agreement with the U.S. Small Business Administration. All opinions, and/or recommendations expressed herein are those of the author(s) and do not necessarily reflect the views of the SBA.

Best Senior Care Business Ideas

• Small Business
• Online Business
• Home Business
• Entrepreneurship
• Operations & Success

Susan Ward has run an IT consulting firm and designed and presented courses on how to promote small businesses.

As of 2020, approximately 73 million baby boomers, people born between 1946 and 1964, are over the age of 65. In another 10 years, by 2030, all of them will be over 65, making it the second-largest age group.  

As a growing market that will have increasing needs, starting a senior care business makes sense for those looking for a viable, recession-proof business idea , given the size and profit potential of this market.

Below are some of the anticipated needs of the senior target market that offer insights into potential business ideas.

Seniors' Needs

A 2018 survey of adults found that 76% of them age 50 and older wanted to continue to live in their current residence as long as possible, but 46% of them didn't think it would be possible. Seventy-seven percent wanted at least to stay in their community, but only 59% thought they'd achieve that.  

A variety of factors impact a senior's ability to age at home, including disability, lack of mobility, or chronic health conditions that often inhibit their ability to live alone.

In addition to physical ailments many seniors, particularly those living without a spouse or family in the vicinity, have a need for companionship. Research suggests there is a strong link between loneliness and cognitive decline, serious health problems, and death in the elderly.    

Seniors who want to age at home require a variety of services including, house cleaning, personal care assistance, meal prep, money management, and pet care.

House and Pet Sitting

After retirement, many seniors enjoy traveling, but can't take Fido or Kitty with them, making pet sitting and house sitting viable business options.

Many seniors with mobility issues have dogs and due to age or illness cannot exercise them properly, so dog walking services are also in demand.

Beyond care, pet owners love to dote on their pets, so other pet-related businesses include mobile grooming, pet food, pet acces sories , and pet photography.

In Home Care

Many seniors require help with daily living activities such as housework and personal care activities, like washing, dressing, or eating. Other times, they just want a friend or transportation to an appointment. Other care is more intensive, such as live-in or hospice care.

When it comes to providing in-home care, you can start from scratch or buy a franchise . For example, you can open a green home cleaning service catering to the elderly on your own, or, there are franchises that offer training and support in a variety of in-home care services.

Gardening and Lawn Care Services

Gardening can be physically demanding for seniors. Arthritis can make gardening chores such as weeding, putting in a vegetable garden, or mowing the lawn difficult.

There are a variety of yard care type businesses you could start including lawn care , gardening , and landscaping. Depending on where you live, you could start a pool service .

Many locales are banning pesticide use and pushing homeowners to reduce water usage, so offering services such as green weed control and drought-tolerant landscape design can be attractive to customers.

Lawn care services can be turned into an all-season business idea by adding snow removal in winter where applicable.

Mobile Esthetic and Concierge Services

Many seniors prefer to have services provided in their homes, creating opportunities for mobile service providers such as:

• Manicurists
• Hairstylists
• Aesthetic treatments such as massage and facial

Other personal services business ideas include concierge activities such as:

• Pickup and delivery of items such as dry cleaning and packages 
• Personal shopping
• Providing companionship and respite for family members
• Arranging and assisting with appointments
• Regularly checking in by phone
• Organizing home repairs, yard maintenance, etc.
• Personal training to build or maintain functional movement

Odd Job/Handyman Services

From cleaning out a garage to putting up blinds or moving furniture, there are all kinds of chores around the home that older folk may not want or be able to do for themselves. You can start a handyman service to help with these little maintenance needs.

Falling is the leading cause of unintentional injury for seniors, so any activity that might involve climbing on ladders is not a good idea for the elderly.   Business ideas that help seniors avoid falling include window, siding, and gutter cleaning.

Or, if your skills include renovations, you can help seniors modify their homes for easier mobility such as front-walk ramps, bathroom tub renovations, installing grab bars and other support equipment.

Many seniors have a history of decorating their homes inside and out during the holidays but can no longer manage it. A holiday decorating business allows you to make extra money for the holidays and helps a senior stay festive.

Transportation Services

Many seniors aren’t able to drive themselves and require transportation to and from medical appointments, social events, and errands. Lift-equipped vehicles are especially in demand.

Check the vehicle licensing requirements in your jurisdiction as you may need a chauffeur's license. You will also need a commercial auto insurance policy as well as liability insurance to cover the possibility of a client being injured during transport.

Products That Make Make Life Easier

 PhotoAlto / Eric Audras / Getty Images

Technological tools can be activated with a poke of a button, or a click, swipe or voice command. But often, people (and especially seniors) need help setting up and learning how to use these devices, providing a business opportunity for you.

Another idea is creating hand-crafted canes or operating a retail store that sells and/or rents medical equipment such as wheelchairs, oxygen delivery systems, and mobility assist devices. Electric scooters sales and service is another possibility.

Products such as walk-in baths and furniture with lift-assist built-in are also in ever-increasing demand.

Specialty Medical Services

As people age, they have a greater need for healthcare services such as physiotherapy, massage therapy, and orthotics. These require specialized skills and training but are excellent business opportunities given the demographic trends of today.

There are growing opportunities in alternative medical services such as acupuncture, Chinese medicine, aromatherapy, and naturopathic medicine.

Technical Support for Computers, Smartphones, iPads, Televisions

lechatnoir/ Getty Images

Beyond using smart home gadgets, seniors may need help with setting up cell phones, computers, and tablets or fixing them when something goes wrong.

Consider starting a computer repair or technology-related business to show clients how to do things from getting WiFi working on their tablets to getting their streaming TV device configured.

The business ideas above are only a few that you could start based on providing products and/or services to those aged 65 and over. Seniors are a great target market because so many of them have the same needs, and many of them have the money to fulfill them.

Or maybe you're a senior looking for ideas on how to start a business in the second half of life. With vast experience, there are many great business ideas for retirees to supplement their retirement from home or while they travel.

10 Business Ideas That Serve Senior Citizens

There are not many businesses running in the market to serve elderly people. Hardly a few. You can make use of this situation and start your business in this field. As already mentioned, since the count of firms serving senior citizens is just a few, demand for this service outweighs the supply.

Before taking any decision, focus on the type of business which will give you maximum profits without a lot of expenditure. Choose to invest in a business for which the resources are already available. 

Some of the elder care businesses with higher grades of profits are listed below. You can choose one among them considering your interest and financial strength. Let us know if you choose one that is listed below!

10 profitable elderly care businesses are as follows:-

1. mobile salon.

It is important for anybody to stay neat and groomed and more so for the elderly. The inability of elderly people to move around, stops them from getting some essential services they need.

You can be a game changer by providing this unique service to elderly people.

All you need is a comfortable and suitable vehicle with salon essentials like scissors, mirrors and combs etc.

You will need a professional hairdresser, beautician or a pedicurist who may be unemployed in the Corona times with you.

This crew comes together to visit an old people’s home or homes of the elderly with appointments once a week can take your business to heights turning your investment into profits in just a few days.

The dire lack of services like this creates a high demand for such service that will always take it to the next level, and mobile salon is no different from this rule.

2. In-Home Care Services

The busy world today has made a huge difference in people’s lifestyle. Elderly people have no special help at home. Senior citizens have thus created an opportunity for new businesses and hence take note of what they need in the absence of all other members of the household gone to work or engaged leaving them helpless on their own to fend for themselves.

With an agency of a few staff that aren’t skilled, but are good at washing, cleaning and other domestic or household work like cooking a meal you can help a lot.

Once you have got the crew ready, you can advertise your concern for these in-home services. When you are set up, you could be sending your workers to the place where they are needed to serve the senior citizens.

3. Non-Emergency Senior Citizen Transportation Services

Of all the necessary things a senior citizen has to have in life, transportation takes the most important place. But since corona lockdown with no buses available or cabs demanding high fares, transportation has become a very rare occurrence in elderly people’s lives. They can’t even go to a dentist or a bank like they used to go.

You can create your own transport firm starting with one such vehicle like a minibus and workers providing transport services to seniors collectively and drop them off and bring them back from various places when they are ready.

There are two categories in senior transportation business:

• Personal transportation
• Medical transportation

The choice is yours, you can engage in medical transportation if you have the necessary medical equipment like an oxygen cylinder or a first aid box or take up  personal transportation during their leisure time.

Personal transportation will include taking them to trips, or places of their personal interest. This business can earn you a good pay especially when your target segment is financially rich families. A person of middle class or below the poverty line will not be able to afford these services.

But imagine someone having a lot of money in their bank accounts and cannot go to get their pension or a restaurant to eat well.

Your services can make a big difference to them and your crew if they were unemployed with children waiting at home to feed them.

So be creative and think of filling the gaps wherever you can.

4. E-commerce Store for Seniors

Like all the other websites for shopping, senior citizens too deserve a website to shop their essentials. The need for creating a special business website here is that not all the websites supply essentials for the elderly. You can create one providing all the essentials for them at one place. 

An elderly man is dying of cancer in terminal stages and there is no one to help him to bring him some special turmeric to save him. 

He has a car but can’t drive it to go to a bank to get his money. If someone was there with a swipe machine, he could pay Amazon to ship it from the States.

He doesn’t know how to pay or shop on Amazon. So he can’t get help at his final moments even though he has money and a car etc.

Your chances of playing a monopoly business is high and the prices can also be higher due to lack of supply in the market.

5. Home Health Care Services

This is a business which runs with skilled people. You will have to procure medical nurses or equipment in order to carry out this business.

Skilled nurses can bathe an old man or woman who cannot even go to the toilet on their own.A visit once or twice a day can be a blessing for them to prolong their lives. 

Since this business is something which is related to medical care, maximum attention should be given to the quality of the service.

Giving them medicines they need, getting them to the hospital for a check up, the list can be endless.

Elderly people who require medical assistance or care at home are benefited by your business.

The nurses verified and registered in your firm will be sent to the client’s place for special care. You can charge your client on a monthly basis. 

This business can be just like a home care business but the assistance is by trained and experienced nurses. 

This sector will come next to hospitals like a post covid business taking care of the patients when they are sent home due to no beds available for a longer period.

Contact those who are being discharged from the hospital but still weak and unable to take care of themselves at home during the post treatment period. 

Make sure you select only certified and experienced nurses to run your business.

6. Food Truck Serving Seniors

This business is as simple as a moving restaurant. Own a truck, make it a cook station and start serving food around your locality. You can work with an NGO or a government body serving elderly people or supply meals on your own to those who cannot get out and go to a restaurant.

A hot meal on wheels would give a new life to a senior person who cannot shop or cook.

7. Relocation Services

This service is similar to helping individuals in packing and moving for house relocation. The difference is that here you will have to take up the entire responsibility in serving the elderly people. Your clients will be the ones who do not have anybody to assist them in relocation. When these people approach you, you will have to take care of all the work included in shifting.

It starts from packing the items from the previous house and shifting to the new house. The last part will be making the new house ready for living and for this you might have to cover all the work from getting a milkman till paying the electricity bill. The income you earn is generally high because the service is of high level engagement. Have enough workers to do the errands to serve your clients better.

8. Wheelchair Manufacturing

Invest your money in wheelchair and walking equipment manufacturing and contact NGOs or Hospitals to supply these.

You can profit in bulk since a number of orders will come from hospitals. Even if you don’t have enough contacts to sell your manufactured wheelchairs, you have opportunities to use them for events where people rent your wheelchairs.

Another option is to sell them on social media or websites which have a special category for health care devices.

9. Alarms and GPS Enabled Equipment Manufacturing

A new technique to give maximum attention to elderly people is the use of technologically advanced devices. You can manufacture a hand held device with an alarm, GPS and torch which will be used to locate seniors. Same works with GPS, where senior citizens are tracked if they go missing. This business is purely based on the specification of your client if they are victims of amnesia.

10. Senior Tourism

If you are good enough in organising events and trips, you can very well start this business. Plan small trips and tours for aged people with the maximum of facilities which you can offer them.

The level of comfort and food you provide your clients is what makes them come back to you frequently.

This can be taken as a seasonal business since the trips are not planned on all the days of the year like the rainy season.

You can make use of membership concepts to have a regular income.

A senior tourism club with a hundred people signed up to go in different groups is all you need to pay your expenses and salaries.

Common services geared towards senior citizens include home-delivered meals, transportation, home care assistance, support groups, social activities and recreational programs.

Many local businesses, including grocery stores, pharmacies and health providers, offer special discounts, transportation and delivery services, special programs and activities designed specifically for seniors.

Volunteer opportunities for senior citizens vary depending on local needs and interests, but can range from working with children, helping out at food pantries and animal shelters to tutoring, visiting convalescent homes and providing companionship.

Yes, there are many products specifically designed for the needs of senior citizens such as walkers, canes, healthcare products, ergonomic chairs and more.

Keeping senior citizens socially active can include joining book clubs, attending senior centers and classes, attending local arts events, joining walking and fitness groups, participating in volunteer activities and joining social media groups or websites.

Yes, there are many special financial programs available to senior citizens, including tax breaks, Social Security benefits, Medicare and Medicaid.

Yes, there are numerous technology programs designed to help seniors stay connected and informed with their families, friends and the world. These programs provide tutorials, educational webinars, online support and more.

Providing emotional support to seniors can include being genuinely present and listening, expressing support, empathy and understanding, connecting seniors to resources, staying in touch with the elderly and helping to create a sense of purpose for senior citizens.

Financial assistance for senior citizens can include Social Security benefits, housing assistance, grants and loans, tax deductions, Medicare and Medicaid programs, military benefits and more.

Similar Posts

Here’s How You Can Start Cooking School – Profitable Business Plan

Starting An Event Decorating Business – Profitable Business Plan Sample

Starting a Business as a Senior Citizen – Ideas and Advice

Electric Bike Business Opportunities & Scope in 2023

30 Profitable Sports Business Ideas & Opportunities in 2023

Profitable Grocery Delivery Business Plan Sample

• No results found

Business Plan for a New Old People’s Home

4.41 Introduction

In addition to analysing the data that was collected on the opinions of respondents, a business plan for a hypothetical home was written. This was done to ensure that conclusions on the viability and sustainability of Old people’s Home as a business in chapter five are valid and reliable. This section contains a discussion of five important forecasted statements namely: Income Statement, Balance Sheet, Cash flows, operating budget and Breakeven Analysis. A financial Analysis using budgeting techniques is also discussed later in this section. To enable readers to fully understand these forecasted statements, each of them is explained before it is discussed in relation to the hypothetical home.

Based on the nature of this section as a forecast, certain assumptions were made and each of them will be discussed and justified as well as the key calculations that contributed to making the projections. Projections were made for a period of five years. Tables and other evidence of calculations are all included in the appendices section. Figures in this section were converted to dollars using a dollar-cedi rate of $1: GHS 3.82 as recorded by the bank of Ghana, by close of day on 15th April, 2016 (Bank of Ghana, 2016).

Initial cash outflow is the amount of money that is paid out at the beginning of a project or investment (Investopedia, 2016). In other words, it is the amount of money that is used to start a project. It is made up of all initial costs.

To commence all forms of calculations, a list of items needed for the business was compiled in Table 3. The price of each item was estimated using its existing market prices. To determine how much money will be required to start the business, the prices of all the items were summed up and added to other costs and capital expenses. This is shown in Table 4. The initial capital that was invested into the business was GHS 244,192 ($63924.61).

4.41.2 Source of Financing

Considering this hypothetical home is a new business, a decision needs to be made on how to raise the start-up capital. In order to raise the amount of GHS 244,192 ($63,924.61) to start the business, the 70: 30 financing decision was chosen. This means that 70% of the amount was raised from debt, in other words, borrowed from a bank and the remaining 30% was raised from equity which involves the owners own money and donations from family and friends. The amount borrowed is assumed to be borrowed at Ghana’s current lending rate of 26% (Trading Economics, 2016). Using the 70:30 ratio, it is assumed that GHS 170,934 ($44,747.12) was raised from debt and GHC 73,257.6 ($19,177.38) was raised from equity. Other options which were considered are shown below in table 5.

Table: 5: Options for Financing

Source of financing Debt Amount Equity Amount

1st option 0.70 170,934 0.30 73257.6

2nd Option 0.50 122,096 0.50 122096

Source: Field Data

The first option was chosen because it is cheaper. Most private businesses use this. It allows firms to enjoy tax benefits. Also, it makes management disciplined so as to ensure that the firm raises enough money to pay for the debt (Damodaran, 2009). 4.41.3 Net Working Capital

Working capital is the amount of liquid assets which a firm has at hand and uses to cater for unexpected and planned expenses. It is also used to meet the business’s short-term responsibilities and obligations (Capital Investment, 2016).

For this business, the net working capital is assumed to be GHS 1,835($480.37) in the first year which increases to GHS 1,204,884($ 315414.66) by the fifth year. The reason for the increase in working capital is as a result of an extra loan that was borrowed in the 2nd year to cater for the increased operational expenses. The operational expenses is assumed to have increased because the number of inmates increased by 2 in the second year.

4.41.4 Sales Projections

The following assumptions were made in projecting Sales for 5 years.

1. Considering that this is a new business and many people do not know about its existence, it is assumed that patronage is low and so only 15 old people will be enrolled in the home in the first year.

2. 5 of the 15 inmates are assumed to require extra care as a result of certain serious diseases that demand extra care. Examples of these diseases include Stroke, Asthma, Arthritis, Dementia and the like. This assumption is as the product of

another assumption that, out of every three inmates, there is one of them that would require extra care.

3. Fees are paid in 4 monthly instalments within every year where the first is due before the end of March, the second in June, the third in September and finally the rest in December.

4. Each inmate pays a fee of GHC50 ($13.09) a day. This estimate is based on the fees of an existing Old people’s Home.

5. Inmates with special cases are required to pay GHC 15 ($3.93) each in addition to the GHC50 ($13.09) fee.

6. Each year after year 1, the number of inmates enrolled in the home will increase by 2. This is because based on advertisement and word of mouth recommendations by families who enrol their elderly in the Home, at least 2 more inmates will be added. Also, inmates with special cases will increase by 1.

7. Every year, fees paid per day will increase by GHC10 ($2.62) and Special case fees by GHC 5($1.31). The reason for this increase is as a result of inflation in Ghana thereby causing the general increase in the prices of goods and services. 8. The business operates on a “No Credit Policy” and so there will be no bad debts Based on the projections made for this business, the business will start with 15 inmates and by the fifth year will have 20 inmates. In the first year, the business will make GHC63,000 ($15,750) in sale per quarter. Assuming there are 5 among the 15 inmates who require extra care, those 5 inmates will add an additional GHC 6,300 ($1,575) to sales. At the end of the year, the business will generate revenue of GHC 277,200 ($69,300). Following the assumption that each year after the first year, the number of inmates enrolled in the home will increase by 2 and fees paid per day will

increase by GHC10 ($2.62) for regular inmates and GHC15 (Basic 10 plus the extra 5) ($3.93) for inmates with special cases, revenue from sales will reach GHC546, 000 ($142,931.94) by the fifth year.

4.41.5 Operating Expenses Budget

Operating costs for the business include salaries, utilities, cost of errands for the business, advertisement and miscellaneous expenses. The estimated budget for each cost per month is GHS 5,850 ($1,531.42), GHS 600 ($157.07), GHS50 ($13.09), GHS100 ($26.18) and GHS1,300 ($340.31) respectively. Projections for the years after are made on the assumption that operating costs will increase by 20% every year after the first year. This assumption is backed by the current inflation rate of 19% as discussed in the pestle analysis and the likelihood of it increasing in the years to come. As a result of this 20% growth, operating cost per year will sum up to GHS 94,800 ($24,816) in year 1 and increase to GHS196, 577 ( 51,459.95) by the fifth year. 4.41.6 Statement of Cash Flow

The cash flow statement is a financial statement that reports the cash generated and used in a business during a given period (Averkamp, 2016).

This statement shows the flow of cash in and out of the business (Wasserman, 2016). The statement shows the receipt of cash and the payment of expenses. Table 9 shows that there will be a cash balance of GHS10,723 ($2807.07) in the first year which will increase in every year after year 1. By the fifth year, the business will realize a cash balance of GHS 1,213,772.41 ($317,741.47).

An income statement projects revenue and expenses and determines whether a company will be profitable during a given period of time (Haden, 2016). It helps to assess the final performance of a business (Investopedia, 2016). Projections of income in table 10 reveal that the business will make profits every year within the first five years. Profits in year one will be GHS 80,830 ($21,159.69) and will shoot up to 252, 487.82 ($66,096.29) in the fifth year. There will be no losses within these years. 4.41.8 Balance sheet

This statement provides a description of the company’s cash position. It shows the company’s financial health (Haden, 2016).The statement shows all assets owned by the company. It also shows the credits owed by the company in the form of liabilities. Shareholder’s equity is the rest of the assets that are not used to pay liabilities. The shareholder’s equity also shows the total net worth of the company (Carrel, 2016). This business can be said to be financially healthy because in table 11, it shows that the company has more assets than liabilities and will be able to use it to pay off its liabilities. 4.41.9 Break even analysis

This is an analysis that determines the point at which the company’s revenue will be equal to costs. For this business, the company will break even when it has 14.27 inmates which is about 15 inmates. Since it has already been established that the company will have 15 inmates in the first year, it can be deduced that the company will break even in the first year. This can be seen in table 12.

• Business Plan for a New Old People’s Home (You are here)
• Limitations and Delimitations

Related documents

• Privacy Policy
• Terms of Use

15 Business Ideas for Seniors

With the cost of living continuing to rise, many seniors are finding it difficult to make ends meet.

The solution? Start your own online business!

Due to increased flexibility and lower startup costs, starting an online business is perfect for seniors who want to work from home.

You don’t need to worry about employees either.

Seniors have the opportunity to start solo operations or partner with other entrepreneurs to save money on overhead costs. You can even do freelance work if you’re willing to put in the time.

In this article, you’ll learn why starting a business makes sense for retirees and discover several of the best business opportunities for seniors.

Best Business Opportunities for Seniors

Additionally, the number of retirees who work part-time has doubled in the last 25 years. It’s expected that the senior part-time workforce will grow exponentially as more baby boomers head into retirement.

The idea of seniors starting businesses may seem daunting at first glance, considering that they might not have much experience with running a business. However, many of them possess skills.

• Strong attention to detail
• The ability to work independently
• Good listening skills

Skills such as these are perfectly suited for self-employment. Older people also have a deep well of knowledge from years spent working in their chosen field. Many of them also have contacts made over time, which they can use when building a client base or beginning partnerships with other businesses.

Must Remain Willing And Able To Learn New Things

Seniors, like any other entrepreneurs, must remain willing and able to learn new things. You need to stay flexible to adjust quickly when changes occur in your business.

For example, you may have spent years working in an industry that’s now dying out due to advancements made in technology. For this reason, it’s important to continue learning new things and even take online courses as a part of your business plan.

Seniors And Flexibility

One of the main benefits seniors can get from starting a business is flexibility.

Many businesses are viable opportunities for retirees who want to generate income without having to take on full-time jobs or hire employees. There’s no need for you to work fixed hours or on certain days of the week. The one thing that always remains constant, though, just like in a regular job, is that you have to meet deadlines.

Start Something You’re Passionate About

It’s important for seniors who want to start their own business to find something they’re passionate about. It will make the hard work much easier when times get tough.

For example, if you like working with numbers and have good analytical skills, maybe starting a bookkeeping business is right for you. If it’s your dream to start an online magazine or blog that covers topics about sports, then go ahead and do just that. If you’ve  heard about franchises  and want to finally dive into that type of business, then go do it.

Why Start a Business as a Senior?

Rising Cost of Living

One of the primary reasons to start a business is that it can help you offset  rising costs .

Retirees face rising health care costs on an ongoing basis. Even with Medicare being available, many people still pay a relatively expensive premium on top of that for supplemental insurance. In addition, basic housing, food, and gas prices continue to rise with each passing year.

Work Around Your Schedule

By starting a small business, retirees have the opportunity to remain flexible with working hours.

The type of business you choose will play into how much flexibility exists. Some businesses, such as a consulting firm or real estate agency, will require more hours. In contrast, you can run an online business from anywhere in the world and at any time that’s convenient for you.

Working From Home

A third reason why it may make sense to start a business after retirement is because of the ability to work from home. Working at home allows you to work around the ebb and flow of energy you feel daily.

Work Without Employees

The final reason why starting a business may make sense is because you don’t necessarily need employees. Businesses like running a blog or doing affiliate marketing require zero employees run.

What Are The Best Business Opportunities For Seniors?

You have a wealth of choices when it comes to running a business during retirement. No matter your business needs and expectations, you should find the best fit for your lifestyle.

A Deep Dive into 15 Business Opportunities for Seniors

We’ve researched 15 specific business opportunities that are perfect fits for your need to earn extra money without getting a traditional job.

Consulting: Leverage Your Wisdom

You can run a consulting business as a part-time job. Use the expertise you’ve gained over a lifetime and easily fit the work into your schedule. Consultants can earn an unlimited amount of income.

Career Coaching

Another popular business opportunity is to become a career coach and help others find the perfect job for themselves. You can do career coaching online or in person. Finding paying clients may require you to go outside of your comfort zone at times. The most common marketing method that professional coaches use is networking with people they know.

Working the Legitimate Paid Survey Sites

Turning to survey sites as a part-time income opportunity is another popular choice. You can typically find legitimate paid survey opportunities with minimal work on your end. They often pay very well for your time.

Professional Speaking

Speaking professionally at events is yet another option that allows you to work flexible hours. The best part about professional speaking is that you don’t need any business experience to get started.

Blogging or Freelance Writing

If your passion lies with writing, then blogging may be the perfect opportunity for you to turn into a side income stream. You can choose whether it makes sense financially to blog full-time or part-time. If you simply like to write and don’t want to deal with setting up a website, you can get freelance gigs to write for others.

Affiliate Marketing

As an affiliate marketer, you can find products in your niche and sign up with a company’s affiliate program. Then, you will promote their product and make a commission when someone buys it through your link on your website or blog.

If you want to start a dropshipping business , then Amazon is one of the best options out there. You can choose from many products available to sell. The Amazon FBA program lets you store products at Amazon’s fulfillment centers. The service ships the products to your customers for you.

E-commerce or Shopify Store

Creating an online store is another option that allows you to earn extra money without leaving your home. You can sell any product from your E-commerce store. When someone purchases something from your website, you send the order out to customers while earning revenue.

Call Centre Jobs

Working part-time in a call center is another option that allows you to work flexible hours and communicate with people from all over the world. You can choose whether it makes sense financially for you to start this business full-time or part-time as you transition into retirement.

Errand Service

If your goal is working a part-time job, an errand service may be the perfect fit during this stage of life. You can work flexible hours and pick up odd jobs that help people in your local community with their daily tasks.

Real Estate: Become a Landlord

As a landlord, you’ll earn rent money from your tenants. Real estate does come with responsibilities that go beyond collecting the check every month. You have to maintain the property and find new tenants when your current one moves out early. Of course, you can also hire a management company to handle all that for you.

Become a Trainer or Tutor

Teaching is another perfect opportunity that allows seniors to work flexible schedules during retirement. You can often choose your hours, working conditions and provide your services online or in person.

Bookkeeping

Bookkeeping is a great business opportunity for seniors. You can work flexible hours and help small businesses with their bookkeeping tasks while making money on the side.

Virtual Assistant

As a virtual assistant, you can make money doing administrative tasks. You might end up doing things like scheduling, email management, and other basic office-related jobs that require little to no experience or background in the field.

Travel Consultant

If you enjoy traveling, why not work as a travel consultant during retirement? You can set your own hours and provide services online or in person.

Frequently Asked Questions

The above retirement business ideas should get you started on your path toward a new business venture. However, you might still have questions or concerns about getting started on a new path at this stage of life.

Best Business Opportunities for Seniors Final Thoughts

Are you excited about all the possible business ventures you can decide from when your goal is earning more money after retirement? There really are endless possibilities when looking at the best business opportunities for seniors. Decide which business opportunity fits your situation best. Then, get started on your next life adventure!

You May Also Like

How To Start A Dropshipping Business In 2022 – Revealed

How to Start Your Own Personal Training Business: Important Things To Consider in 2022

How to Start a Hair Salon Business Now in 2022 (Comprehensive Guide)

How to Start a Yoga Business in 2022

The Ultimate Guide on How to Start a Trucking Business

The 5 Best Online Incorporation Service Providers for 2022

Start An Old Age People's Home Business - Business Ideas

Please note that the data provided in this article are estimates and may vary depending on various factors, and should not be considered as perfect or definitive.

Starting an old-age people's home business requires a great deal of effort, dedication, and most importantly passion .

If you're interested in how to sell old-age people's home, or selling old-age people's home online, you can use this page as a guide for everything you'll need to know.

Startup Costs

Successful businesses, pros & cons.

• 4,818 founder case studies
• Access to our founder directory
• Live events, courses and recordings
• 8,628 business ideas
• $1M in software savings

Join our free newsletter to get unlimited access to all startup data. We just need your email:

Check your email

If there's a Starter Story account associated with that email you'll get an email with a link to automatically log in. The link will expire in 15 minutes.

Your existing password still works, should you want to log in with it later.

With Starter Story, you can see exactly how online businesses get to millions in revenue.

Dive into our database of 4,418 case studies & join our community of thousands of successful founders.

Join our free newsletter to get access now. We just need your email:

Inspiring Mompreneurs

Shining the Spotlight on Mom Entrepreneurs

Turn Your Passion into a Thriving Online Business

Read review: how to wealthy affiliate - online entrepreneur training.

Business Ideas That Appeal to Older Audiences

If you’re retired and keen to become an Entrepreneur you may be on the lookout for business ideas for older people so that you can help people who are close to your own age.    We adore our Granpreneurs at Inspiring Mompreneurs!  

There’s one interview that stands out in my mind when reading the contributed post below. It’s my interview with Audrey Ostoyic, of Social Media 4 Beginners because her business was borne out of a need to help her Father (and other older people) get to grips with Social Media. 

That’s exactly the kind of business this contributed post is all about.  Enjoy…

When you start a business, one of the most common audiences you aim for is the younger crowd. Adult audiences are also common, however, people tend to aim for the sweet spot of around 18-30 unless they’re offering a product or service that is specifically targeted towards an older audience.

However, even then, senior-related businesses are usually restricted to offering care, mobility products and cleaning services. There are plenty of other ways to get involved and start appealing to an older audience, but it does take a bit of research and important considerations.

Elderly Care

While often the most common type of business that appeals to older audiences, there are many ways to go about it that can increase your chances of standing out.

For starters, you could purchase a senior care franchise instead of starting your own brand. This will give you a lot more safety and it could potentially draw in more customers. You could also stand out by being more human and genuine with your promotional materials instead of looking like a standard, boring business.

Teaching the Elderly

There are many elderly people that would love to learn new things and develop new skills. From learning how to cook new recipes to how to use a computer or a smartphone, there are plenty of tips and tricks that seniors want to learn.

Consider an idea such as starting up a club to teach seniors how to use computers, or perhaps even teach them how to dance.

Not only do they learn new skills, but they also make friends and find ways to socialize with others.

Keeping the Elderly Fit

Have you ever seen elderly people at a gym? While it’s not the most uncommon thing, they’re definitely not the regular customers you’ll see.

However, exercise is important at all stages in life and for seniors, it can become a problem due to their mobility. It’s also hard for seniors to muster up the courage to go to a gym because they rarely see people around their age. However, by starting up a fitness club directed towards seniors, you’ll garner plenty of attention and build a community around it.

While appealing to older audiences isn’t the most foolproof idea, it does give you a bit more safety than other styles of business. This is typically because older audiences tend to be more loyal to the businesses and stores they visit, and it can become a great way to nurture relationships and for the elderly to get more social.

So the next time you’re thinking of a business plan, make sure you don’t leave out the possibility of appealing to older audiences. It’s a fantastic way to start a relatively safe business and there is a lot of untapped potential out there to take advantage of.

Are you thinking of creating a business for older people? What business idea do you have in mind? 

About Lauren Kinghorn

Visionary Digital Entrepreneur ► Heart-Centred Influencer | Plant-Based Enthusiast | Speaker | Writer | Course Creator | YouTuber | Podcaster * Come join me at Wealthy Affiliate * inspiringmompreneurs.com/WA

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

By using this form you agree with the storage and handling of your data by this website. *

Privacy Overview

Architecture Student Chronicles

Guide to Designing Old Age Homes

Design procedure for the old age homes.

But before we start with discussing our design consideration factors, it is very important to know what an Old Age Home is like and what is its purpose of construction…

One important thing to be kept in mind before initiating the design process is that, we should study the purpose of the construction and what they are like.

This will give us a clear idea of what we are actually suppose to consider in the design…

Apart from literature case studies, Live case studies are also very important…

In my previous articles, we have discussed eleven factors to be considered for a successful case study …

Old Age Homes

Old age homes are meant for senior citizens who suffer with a problem in staying with their children at home or are destitute. These homes are for older people who have nowhere to go and no one to depend on… These homes create a friendly and family like atmosphere for the elderly people where they can share their joys and sorrows and live happily. Old Age Homes are pretty developed in United States, United Kingdom and there is recent development seen in the construction of Old Age Homes in India.

These old age homes have special medical facilities for senior citizens such as mobile health care systems, ambulances, nurses and provision of well-balanced meals. So basically, it is a housing project for senior citizens of that country.

Old Age Homes have two main categories:

• Homes providing free Accomodation
• Homes working on a payment basis

Apart from food, shelter and medical amenities, old age homes also provide yoga classes to senior citizens. Old age homes also provide access to telephones and other forms of communication so that residents may keep in touch with their loved ones. Some old age homes have day care centres. These centres only take care of senior citizens during the day.

Location of Old Age Homes

• Studying the location of the structure is the most important factor. This will help us determine the climatic conditions of the place. Orientation of a building with respect to climatic conditions of the place.
• Location of an Old Age Home is of prime importance.
• It could be a part of the urban setting or it could be in a rural area. It depends on the kind of people that are going to stay in it.
• Some people prefer idyllic areas while some would like to live in close proximity to the quick facilities of the city.
• An Old Age Home should be preferably located in a calm, pollution free environment with all the basic necessities that are required for any comfortable housing project.

Design Concept for Old Age Homes

• Design of Old Age Homes depends on the social and economic status of the people who are going to reside in the homes.
• They could be the dormitary type, independent rooms or cottages…
• The rooms should be well-ventilated.
• Designing a ground Floor in an Old Age Home is of utmost importance. Possibly all the basic facilities in the home should be provided on the ground floor. If this is not possible and if upper floors have to be built then a sloping ramp has to be provided for facilitating easy passage of wheel chair and make movement of people with crutches easier.
• The toilets and bathrooms should have rough flooring so that the elders do not slip. Suitable railings should be provided for support.
• Recreation rooms and rooms for medical care should be built.

Working Staff in the Old Age Homes

• An administrator is must for the homes of the aged who will be responsible for the running of the home.
• Supporting staff such as clerks, cashier cum accountant, nursing staff, attenders, maids and a cook are the basic required staff for the efficient running of a old age home.

• A medical officer will be needed to attend to the health needs of the inmates. If the home is very close to a hospital where emergencies can be treated then, it may be enough to avail the services of a Doctor, who works there part-time.
• A nutritionist can play an important role by providing special attention to the nutritional requirements of the residents. At least a part-time nutritionist should be appointed.
• A professionally qualified social worker is an essential member of the team of personnel.
• Wherever possible nursing staff and health care workers trained in Geriatric care should be appointed.
• There is a need for helpers in the Old Age Homes who will take care of the Old people and help them move around…
• After figuring out the staff requirements for the Old Age Homes, we can determine the amount of space required for their offices and construction of quarters where they can stay while on job.

Medical Care Facilities in Old Age Homes

There should be a sterile store room where all medicines and medical accessories that may be needed for treatment of the residents are to stored as per the advice of a general physician.

• There are certain instruments that are necessary for the medical treatment such as Oxygen cylinders, suction apparatus and intra-venous sets should be readily available. Drugs should be replaced periodically, considering their expiry date.
• Transport facilities such as ambulances or any other vehicle that is similarly equipped as an ambulance should be available in case there is a need to rush them to the hospital for intensive care.

Recreational Facilities in an Old Age Home

• Provision of recreational facilities is must. Old people also need entertainment so that their mind does not remain idle. This will help their life become lively and happy and keep them away from any kind of depressing thoughts.
• Facilities such as small reading area, televisions, video players, newspapers and books should be provided.

• Not all old people like sedentary lifestyle…Depending on the extent of the physical activity of the residents other facilities for active sports such as: tennis, table tennis, squash can be provided.
• A small computer room could be provided for accessing the internet which is a must in today’s world. That will keep the residents mentally active and aware of the world outside…

From our discussion we can conclude some of the most important and basic Requirements in an Old Age Home

• Common Rooms
• Single and Double Bedrooms
• Pantry in every Bedroom
• Main Kitchen
• Dining Area
• Television Area
• Reading room
• Praying room
• Computer room
• Offices for the staff
• Common Toilets
• Sports Facilities for Tennis, Badminton etc.
• A Landscaped Garden with a jogging track

A lot of emphasis is being given on the design of Old age homes in the west especially in the UK. The importance of old age homes design has increased with the increase in the number of homes across the world.

35 thoughts on “Guide to Designing Old Age Homes”

Hello, It’s been nice to see regarding Old age homes, could you help any aspect related to Retirement Resorts- free independent houses for retired people

How much area is required to establish old age home? What may be the plinth area of construction? How far it shall be from the city?

what is the total area reqd if one wishes to have old age home for about 100 people

Hello, A minimum area of 2000 sqm would be required in order to accommodate 100 people in an Old Age Home.

Gud..I Appreciate It.. cos Is Our Semester Project.. I Have Learn So Many Things..

Durvankur Starting constriction Old age Home In Thane Maharashtra with Donors support ple Help our 7 guide Ngo.

Hi, Can you/anyone tell us that where can we approach for funds for establishing an Old age Home in our city i.e Haldwani (Uttrakhand). We are working for old aged people since last four years. 63 old aged people have registered them with us. We are providing them day care facilitiestill date. One can go to FACEBOOK/HarishDhondiyal(Photos) to see some of our works done. Photographs are self speaking. We have Pan card, 12A certificate and 80G certificate of Income tax department with us with three years Audit reports and Annual reports. We have 4000 sq ft of land in the heart of the city with map/plan already prepared for it(OAH). But due to paucity of funds we are unable to do so till now. We approached to many but failed in sanctioning the amount. If anybody can help or guide, pls write a line to Secretary- Hem Memorial Society on [email protected] Will ever remain thankful and grateful for the same.We want to establish an Old Age Home for 25 people in first phase.

need some guidelines for setting up old age homes in India. I am looking to setting up in Chennai.

please i want to have a guide on how to design a hospital in your locality. i hope i will have some response

We wish to estabilish an old age home in our own building fo around 25 to 30 people. What are the govt. formalities required for it as we are doing it for the first time. We are not a registered trust or society but we want to help the old age people by donating our building and primary donation fund of around Rs. 5 to 10 lakhs. Please help.

Want to establish a mega old home project at Darjeeling Plain, international standard for multicultured people for joy happiness and liberate. Need your consultancy and advice. I am a Civil and Structural Engineer, M.I.E, F.I.V, AMASCE (USA)

Hi, I have a land of area 10000 sq.ft. I want to build an old age home in this plot- may be for around 50 people. Is it enough?

I have a donated land in west bengal to my trust. I want to get an oldage home. plz get me a full proof design to build it.

Can you plz suggest me some good old age and orphanage home in india for my thesis case study…

Does old age homes come in institutional building category??????

Yes. They could possibly fall under institutional building category.

hi, i want to know if there are any upcoming old age homes in Karnataka.

i wanted a live site for my thesis project..

Hello Shreegouri,

You will have to work on it yourself. I would advise you to get landuse maps of your city and study the scope of your proposal in different areas. Only after you can justify why your proposed building will serve the area in a positive way that you claim it will, your site selection process will be complete.

And also we are open to discussions. You can discuss how things come along with your thesis project. We look forward to hearing from you.

helo , i want to know suitable old age homes required for case study for my thysis project . site area of my project os 2.91 acres and also help me in suggesting the number of people which would be fine for my site area.

The idea of old peoples’ homes in Ghana has not catch up with us in Africa in general and Ghana in particular. This is basically because of our cultural setting where families take care of the elderly at home. Things are changing very fast now because of urbanization where the younger generation leaves the elderly at home to ‘fend’ for themselves. Moreover there are several elder generation who had live outside in Europe and America and would like to settle at home. There is therefore the potential for the development of these kind of homes in Ghana. Our organization has acquired large tract of land at water front which can be developed and are hereby seeking for financial support in this endeavor.

I wish you all the best with this endeavour.

SIR I WISH TO OPEN OLD AGE HOME IN OUR CITY .PRIME LOCATION IS THERE. WE HAVE AREA OF 3 ACRE NEAR RIVER AND MARKET ROAD.WE HAVE ALL STAFF FOR REQUIRED IN OLD AGE HOME. WE WISH TO PROVIDE FREE SERVICE AND FREE FOOD.NEEDY PEOPLE GET EXTRA BENEFIT

Dear Amrita,

I am happy to know of your well thought initiative to construct an Old Age Home. That is for a very noble cause. Let me know how I can help you.

Respected Sir, I want to open old age home in Maharashtra (India) So which things are required to open the old age home. How much investment needed in concern home

We wish to open a old age home in our village near Thanjavur District, Tamil nadu. Please send guidelines for the building design. Sairam. Moorthy

hello sir. I am an architecture student. I have taken my final year project as orphanage cum old age home. please can you tell me where is your site how big is it ?

I’m also architecture student and even my topic is same for thesis so i want to know that did u got any info abt it n where did u do ur case study? plz share some info and ur experience about ur case study and other aspects.

P. Gurumoorthy : Dear Sir. Sairam. We wish to open a old age home in our village near Thanjavur District, Tamil nadu. Please send guidelines for the building design. Sairam. Moorthy

i am going to start a old age home near malavalli, karnataka,if somebody is interested in joinining hands with me, they are welcome,some enterprenaur with ideas matching,

Dear Venkat Ram

I run a paid architectural design service. Let me know if you would like to get it designed by us… I shall send you all the details of our establishment. This initiative is for a good cause and I would be delighted to be a part of it.

sir, I want to start senior citizen/old age home near Dehradun for about hundred couples initially. How much expenditure should we expect. Also the ideal building design for the same.

Hello Ajai,

I would say keep 4 to 5 crores aside for the works…

In Bangladesh this is just start, as a social instability high demand in the old age level. I would like to request, if sent me the building design and others for 100 person and other facilities, will be highly appreciate for me. with regards

We would like to establish OLD AGE HOME. We want to prepare a PROJRCT REOPRT. Can you guide us?

I am going to start a old age home. so what are all requirement to open, how much investment needed and guidelines for building design.

Leave a Comment Cancel reply

You must be logged in to post a comment.

KMTV 3 News Omaha, NE

Inland Port Authority bill passes: Neighbors just want to know what's next for their homes

Posted: April 18, 2024 | Last updated: April 18, 2024

The bill focused on the Inland Port Authority is on the Governor's desk but what is next for the East Omaha neighborhood in the mapped-out area of the Airport Business Park plan is still unknown.

More for You

Kawhi Leonard going viral after underwhelming response to receiving his Olympic jersey

How to 'quiet quit,' from a former teacher who did it for 2 years so she could enjoy a better life while still getting a paycheck

Baltimore Bridge Collapse Aftermath Revealed in Satellite Image

35 People with Higher IQs Than Einstein

The Coolest Car From the Year You Were Born (1945-1995)

Unknown sailor's notebook found hidden in furniture tells story of USS Amesbury's WWII journey

People With Low Emotional Intelligence Are Known to Use These 4 Phrases

Japan showed off the destroyer it's turning into an aircraft carrier for F-35 stealth fighters

I’m a Real Estate Agent: Here Are the 4 Florida Cities Where You Should Avoid Buying a Home

20 of the Healthiest Dog Breeds with the Fewest Medical Problems

I Lost White Friends When I Finally Spoke Out

Restaurants We Didn't Realize Were Owned By The Cheesecake Factory

Why Do Americans Drive On The Right Side Of The Road?

Human Ancestors May Have Bucked an Evolutionary Trend

Disney Cruise Line passenger rescued by US Coast Guard after emergency off Puerto Rico

What to Wear on a Plane, According to a Flight Attendant

Browns officially release new helmet featuring RB Nick Chubb

Ford recalls almost half a million vehicles at risk of crashing over battery issue

Stanley Cup playoffs 2024: Bracket, schedule, scores, news

People tell me I have a 'lazy girl job,' but I call it a healthy job. You don't have to burn out to be successful.