You may also consult with an accountant in this regard in order to get a clear view of what you need to pay. There you will draft all the necessary expenses you are required and you believe you will make that will benefit your business. To keep things concise and to make sure that you did not leave any information out, it would be wise to consult with a lawyer to evaluate your documentation as well as the business model you are setting up.Īfter you have made a draft of the business model you may now list down your expense estimates. From these devise your guidelines, rules and regulations and restrictions that should be followed at your board and care business.

Note also your long term and short term goals as you will want to continually develop and improve on your business. Make a list of the services you plan on offering at your establishment. Once you have decided on your location you may now draft your business plan. Decide on the location of this home, if you want to convert a portion of your household to the business or if you would rather start from scratch with an independent establishment. Be able to evaluate all the legalities of the business and therefore assess them accordingly. Visit your local government and consult with them with regards to your plans to open the business. To start the board and care business, first take into account the requirements needed by your local government. Personal care assistance is also given and these homes usually have around 6 residents maximum. The board and care business involves providing residential care homes which includes a room and general supervisions for the clients. This is favored by the sick and disabled in the local community and would therefore make for a profitable business opportunity to that target audience. The Board and Care business targets those that are in need of a home with residential care and assistance.

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