Did you know non medical home care business is one of the most lucrative businesses that have ranked consistently in the top 10 business opportunities featured by the Entrepreneur Magazine?
The fact that there is a social service angle associated with this business makes it lucrative enough for people who are passionate about serving fellow beings and making a living out of that. You will satisfied by catering to your community's well being and chances are you will be making some serious money if this business is something that you want to test your entrepreneurial skills.
There are numerous people in the States and worldwide who need these service. To give you an idea of the population that needs non medical home care business solutions to cater to them, there are about 7.5 million individuals who require you to go to them and lend them a helping hand right now!
That's a massive laser targeted market for you to tap into.
You might be wondering what is that causes so many people to need this service. Well there are a lot of reasons for that and they are quite varied. Some of the reasons why people need your business include permanent disability, long term health conditions, terminal illness etc. There are hoards of reasons out there which establish the viability of this business.
Your non-medical home care business is in an industry which will survive almost any market fluctuation. It is also a part of a cash rich industry and has an annual spend of about $48.3 billion as of 2007. This is going to grow multiple folds over the next couple of decade. This gives you an opportunity to position yourself as a player and claim your share of the gold.
Non-medical Home Care business owners cater to a rapidly growing trend to allow people needing help to remain in their home or in the community.
So what are the services that can form a part of the offerings of a non-medical home care business?
There are quite a few services that can form a part of your offerings. You could start with something as basic as preparing meals for people. Other services may include administering medication, providing ambulatory care, feeding, grooming, bathing and other activities related to personal hygiene. Sometimes you might be required to talk to people and provide them the listening ear that each of us needs when alone.
Who provides the money to a non-medical home care business owner to make the business proposal viable? As the owner of the business you will be getting money from the family members of the people you are catering to. You will also be getting revenue from long term insurance care companies and other care providers for whom you would be working as a sub contractor.
This is a business with serious potential and there is a lot of self-satisfaction associated with it.