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Home Care Business Insights is your go-to resource for exploring the many facets of operating a successful home care business. Whether you're a seasoned professional, a budding entrepreneur, or simply curious about the industry, this podcast provides valuable perspectives on navigating the challenges, strategies, and opportunities in home care.
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There are (2) two special, and very lucrative business models that have presented themselves to average people with a passion for caring and a will to generate wealth. The first being Home Care - The 20 Billion Dollar industry opportunity right next door. The second opportunity is in Residential Assisted Living. The average in America today is $3,750 per month for a private room in assisted living. We will discuss how average Americans can take advantage of this growing opportunity.
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In the premiere episode of Home Care Business Insights, we tackle one of the biggest decisions aspiring home care entrepreneurs face: Should you start an independent home care business or invest in a home care franchise? Join us as we explore the key differences between these two models, including financial realities, brand recognition, training, a…
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Join our upcoming Winter Cohort launching next week!Simply text your Name, Email, and Business Name to 443.906.3603 for an exclusive invitation to our Weekly Home Care & Assisted Living "Done With You" Group Training. Experience the power of small groups (4-7 members) with owners from diverse markets. Each cohort fosters support, accountability, mo…
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How to buy an assisted living with owner financing?1.) To buy an assisted living facility with owner financing, you will need to first find a seller who is willing to offer this type of financing.2.) Once you have found a seller, you can negotiate the terms of the financing, such as the interest rate, the length of the loan, and the amount of the d…
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Weekly Home Care & Assisted Living "Done With You" Group Training 📣 Each member will be placed in a small groups (4-7 members) of other new owners from different markets/cities. 📣 Each cohort will support, hold each other accountable and provide motivation, encouragement and best practices. 📣 6 months of group, and individual training, support and …
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Virtual Home Care & Assisted Living "Done With You" Cohort (Mastermind Training Program) 6 months of group, and individual training, support and accountability. Each member will be placed in a small groups (4-7 members) of other new owners from different markets/cities. Each cohort will support, hold each other accountable and provide motivation, e…
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Virtual Home Care & Assisted Living "Done With You" Cohort (Mastermind Training Program) Home Care & Assisted Living "Done With You" Cohort (Virtual Group Training Program) 6 months of group, and individual training, support and accountability. Each member will be placed in a small groups (4-7 members) of other new owners from different markets/cit…
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The Ultimate Senior Care Business Planner The Ultimate Senior Care Business is one of its kind. Designed specifically for anyone running a Senior Care Business, were managing referral sources is paramount. Think of it as having your very own community liaison helping you to stay on top of your referral sources, stay organized, fully focused, stop y…
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Home Care & Assisted Living "Done With You" Cohort (Group Training Program) 6 months of group, and individual training, support and accountability. Each member will be placed in a small groups (4-7 members) of other new owners from different markets/cities. Each cohort will support, hold each other accountable and provide motivation, encouragement …
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Home Care & Assisted Living "Done With You" Cohort (Group Training Program) 6 months of group, and individual training, support and accountability. Each member will be placed in a small groups (4-7 members) of other new owners from different markets/cities. Each cohort will support, hold each other accountable and provide motivation, encouragement …
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The Ultimate Senior Care Business Bundle The Best Selling Home Care Business in a Box 2.0 (Value $297.00) Customizable Home Care Business Plan (Value $197.00) Customizable Home Care Policies and Procedures ( Value $297.00) Assisted Living Business Startup Kit ($497.00) Customizable Assisted Living Business Plan (Value $497.00) Customizable Assisted…
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6 months of group, and individual training, support and accountability. Each member will be placed in a small groups (4-7 members) of other new owners from different markets/cities. Each cohort will support, hold each other accountable and provide motivation, encouragement and best practices. Each week we will meet with each cohort for a training, …
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Home Care & Assisted Living "Done With You" Cohort 6 months of group, and individual training, support and accountability. Each member will be placed in a small groups (4-7 members) of other new owners from different markets/cities. Each cohort will support, hold each other accountable and provide motivation, encouragement and best practices. Each …
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Home Care & Assisted Living "Done With You" Cohort (Group Training Program) 6 months of group, and individual training, support and accountability. Each member will be placed in a small groups (4-7 members) of other new owners from different markets/cities. Each cohort will support, hold each other accountable and provide motivation, encouragement …
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On this episode, I will be briefly discussing partnership opportunities and our new Virtual Administrative Services that is currently being beta tested. Feel free to reach out to us at achomecarecoaching@gmail.com for details or either opportunity. Thanks.
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Office Manager: 5 Year of Experience, $13/hr+ plus profit sharing Billing Scheduling Client Support / Satisfaction Hiring Final Decision Administrative Assistant: 2 years of experience, $11/hr+ minimum 20 hrs a week Incoming/outbound calls (Service inquiries / Follow ups calls) Incoming emails Applicaticant Intake (Documents, Scheduling) Manager su…
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On this Episode we are discussing the importance of creating a strong advisory board for your business and personal development. Mentor. Accountant. Banker. Accountability Partner. Business Attorney. Allenchaney.com
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The Home Care Millionaire X Factor: Step by Step Guide to Building a Million Dollars Worth of Momentum
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Similar to the 10x rule or growth marketing The X Factor: a variable in a given situation that could have the most significant impact on the outcome. There has to be an unprecedented amount of action taken to create long lasting momentum and compounding effects. You can't passively make an serious impact. If your capital is low in the beginning foc…
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In this episode I wanted to discuss my ideal daily, weekly and monthly routine for maximum productivity and personal fulfillment. Prayer Meditation Fitness Diet HP Planner One Book A Week Network - Friends / RelationshipsEnvironment ( Power of Proximity)
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Become Operational:Business Essentials Branding Folder Caregivers ready for assignments System For onboarding Develop Your Referral NetworkBroaden your marketplace (5 surrounding counties)Develop 10 Real relationships a month. (Phone calls, visits, follow-ups, commitments)Expert Positioning:Develop a value add presentation Develop a newsletter Cont…
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Low barrier of entry 3x roi over traditional rental market rates No license requirement No medical staff Full time aid w/ transportation Offer: House Keeping Meditation Reminders 3 meals with 2 snacks (Based on physician instructions) Laundry Cable TV Internet Heating and cooling Security Safety features Private and Semi private $1700.00 for semipr…
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This episode is a breakdown of what our new virtual learning experience will entail. AllenChaney.com
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Client Number 1: 20 hours a week at $18.00 an hour Total Weekly Gross = $360.00Total Monthly Gross = $1440.00Caregiver Weekly Pay rate at $11.00 an hour = $220.00Caregiver Monthly Pay rate at $11.00 an hour = $880.00Monthly Net Profit to Agency = $560.00Client Number 2: 40 Hours a week at $17.00 an hour Total Weekly Gross = $680.00 Total Monthly Gr…
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Upfront Costs: Mortgage: 285k Lease: 3KSingle Family 1000/sqr ft minimuim, 3/2 signal room 80 sqr ft., simi-private 120 s,qr feet, Basement or Den (Caregivers Living Quarters)Downpayment: 12k (Down Payment Assistance) Join First Time Home Buyers Program in your county. Bedrooms Furnishing New*: $1,900.00 Common Areas Used*: $600.00 Kitchen Used*: $…
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Caregivers: The Frontline Of Home Care | The Do's and Don't's of Finding & Keeping Top Talent.
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Recruitment:ReferralsCraigslist Indeed.com Churches Retention:Appreciation Bonuses https://zestful.com/Continued Education: Assisted Living Manager, Certified Medical Technician, Ipced.com Mentorship Don't: Hire friends Get personal Break your own rules Play with the money Overlook Clear SignsDo's:Set goals with your caregivers Catch them doing som…
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Phase One: A. Business PlanB. 80 Hour Assisted Living Managers TrainingC. Site (Building or Home)D. Zoning PermitE. Fire & Safety Inspection ReportF. Menu CycleG. Worker CompensationH. Site SketchI. OHCQ ApplicationJ. Delegating NurseK. Application Submission Phase Two: A. Resident Rooms SetupB. Common Areas SetupC. Bathroom(s) SetupD. Kitchen Setu…
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In this episode we discuss the importance of Sales Skills and Money Management Skills. Sales Skills:Asking Questions Finding the PainTaking NotesCreating a Personalized Solution Building a Referral TreePractice Book Recommendation: The Sandler Rules: 49 Timeless Selling Principles and How to Apply ThemFinancial Literacy:Prepare for Long Term Invest…
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In this episode we discuss "Skills For Long Term Success" Management Skills:Setting The Standards Up Front Developing Systems that Produce Rewarding Good Behavior Addressing Company Violations (tardiness, phone use, client contact, insubordination ex)Creating an Environment of Accountability Recruitment Retention Termination Documentation Book Reco…
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Meaningful Relationship Development - Adding Value to Top Referral Sources in your Community.
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Meaningful Relationship Development (MRD)50 Calls a day minimum 50 Emails A Day50 Letters a Day50 LinkedIn Inmails a Day30 Office Visits a WeekFaxesTop Referral Sources: hospital discharge planners, home health agencies, hospices, skilled nursing facilities, assisted living facilities, state Medicaid waiver programs, department of Aging, case manag…
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Check out our lasted installment of our journey into the senior care industry. I will be discussing how I started and how we aquired our first two clients and our first caregiver.
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Welcome to The Home Care & Assisted Living Business Series. Presented by Allenchaney.com
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