Start Up Cost for a Senior Homecare Business

by Melinda Hill Sineriz - Updated September 26, 2017

Senior home care businesses provide invaluable services to the elderly and disabled. An agency typically has aides that provide light housekeeping, transportation and personal care services.The costs for starting a home health care business vary widely depending on whether you obtain a franchise license or start an independent business.

Significance

Home health care agencies allow seniors to stay longer in their own home than they otherwise might be able to. Home care is significantly less expensive than nursing home care and much less disruptive.

Considerations

Senior home care businesses connect seniors with aides to provide care. Start-up costs include advertising both for aides and for clients. There may also be costs in your state for obtaining a home health care license or certification and providing any needed training to your new hires. You will also need a computer for administration and advertising. Consulting a lawyer is also a wise investment.

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Costs

According to Entrepreneur magazine's business center, start-up costs for a home care business range from $2,000 to $10,000. Another option is to purchase a franchise license. Start-up costs for a franchise range from $60,000 to $100,000, or more. Though the franchise costs more, it can also provide name recognition, which is invaluable in attracting clients.

About the Author

Melinda Hill Sineriz has been writing professionally for over 10 years. She worked as an editorial assistant for Forward Movement Publications in Cincinnati, Ohio. She wrote for several years for allmusic.com and edited and wrote a chapter for a book with Wooster Press. She graduated from Miami University in Ohio with a Bachelor of Arts in English. She has a master's degree in teaching.

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