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Health & Medical Care

Senior Home Care Agency

Help the elderly continue to live at home by providing care services.

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Business At A Glance

Senior Home Care Agency

Startup Costs: $2,000 – $10,000
Home Based: Can be operated from home.
Part Time: Can be operated part-time.
Online Operation? No

Business Overview

Here’s the problem: A senior parent wants to live in his own home,maintaining his independence, but he has trouble bathing, fixing mealsand remembering to take his medications. The solution: You. As owner ofa senior home care agency, you’ll send a qualified, compassionateperson out to assist with the daily tasks of living.

This is aburgeoning field. With more and more seniors out there needingassistance and more and more two-income families, there’s nobody togive mom or dad a helping hand. And with health-care costs rising bythe moment, hospitals are discharging patients earlier than ever,sending them home too ill or too weak to fend for themselves. So seniorhome care is rewarding, not only financially but personally as well. Asa senior home care agency operator, you’ll act as a referralservice–locating cheerful, reliable, honest and kindly people to placein seniors’ homes on a temporary or long-term basis.

Your caregiverswill be independent contractors paid directly by the patient or hisfamily and though they must have the qualities listed above, they don’tneed medical training–just good common sense. The advantages to thisbusiness are that you can start part time and you have the satisfactionof filling a real need, helping seniors lead more independent lives andtaking some of the burden from worried family members. You’ll needterrific people skills–the ability to determine the suitability ofpotential caregivers and the magical quality of knowing which caregiverto pair with which client. Organizational and administrative skills arealso a must because you’ll be coordinating people, times and places allat once.

The Market

Your clients will be seniors and their families. You can place ads inlocal newspapers, but perhaps your best bet will be to establish yourservices throughout the medical community, which can provide referrals.Send sales letters and brochures to local hospitals and doctorsspecializing in geriatrics, cardiology and other diseases that affectseniors, local health-care agencies and senior centers, and evenemergency medical services like paramedics. Follow up with phone callsto reinforce your image. Get your business written up in localpublications.

Needed Equipment

You don’t need a medical background, but you should have the materialsand knowledge to give your caregivers a good grounding in CPR, firstaid and senior care professionalism. Make sure you don’t positionyourself as an employment agency or nursing registry because you’llneed to be licensed for either of these–use independent contractorspaid by the patient or his family. You’ll want a computer with inkjetprinter and the usual software.

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Health & Medical Care

Home-Care Service

With more people wanting to grow old in their homes, this could be the perfect opportunity for a caring person.

Entrepreneur

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Business At A Glance

Home-Care Service

Startup Costs: $2,000 – $10,000
Online Operation? No

Business Overview

Starting a home-care service is a greatbusiness enterprise to initiate, as people are living longer and, moreimportant, living longer on their own. This type of new businessventure would best suit a person with a background and training in thehealth-care industry, but with that said, home-care training isavailable in almost every community across North America. Generally,there are two types of home-care providers, and the training requiredfor each is very different. The first type of home-care service is onethat focuses on assisting people with everyday tasks, such as cooking,cleaning, errands and personal hygiene. The second type of home-careservice can include the aforementioned with the addition of medicationadministration and in some cases, therapy. Income potential will rangefrom $20 per hour to as much as $50 per hour depending on servicesprovided and skill levels required.

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Health & Medical Care

Natural Childbirth Classes

Help parents-to-be overcome their anxieties by preparing them for natural childbirth.

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Business At A Glance

Natural Childbirth Classes

Startup Costs: Under $2,000
Part Time: Can be operated part-time.
Online Operation? No

Business Overview

Natural childbirth is and will always be ahot topic. This business has limitless possibilities and avenuesincluding natural childbirth classes, seminars, products and services.This business opportunity will have to be of particular interest to youand will require training and a great amount of research. However,professionals who specialize in the field are generally well paid andalways in demand. This business may be of particular interest tonurses, childcare givers and early childhood education teachers. Besure to do your homework so that your new business will comply with allthe rules and regulations of your particular community.

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Health & Medical Care

Medical Equipment Sales

In the wake of ever-advancing medical technology, it pays to sell medical equipment.

Entrepreneur

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Business At A Glance

Medical Equipment Sales

Startup Costs: $10,000 – $50,000
Part Time: Can be operated part-time.
Online Operation? Yes

Business Overview

Millions of dollars worth of medicalequipment is sold each year in the United States, and securing aportion of this very lucrative industry is not difficult, especiallyfor the entrepreneur who carefully researches and plans an entry intothe medical equipment sales industry. There are a few differentapproaches that can be taken in terms of medical equipment sales. Thefirst approach is to establish a retail store that sells medicalequipment to customers, as well as to online shoppers via the store’sWeb site. The second approach is to become an independent salesconsultant who represents various manufacturers of medical equipment.The main focus of this type of medical equipment sales would be to sellmedical equipment to hospitals and health centers by solicitating orusing the tender process in which hospitals and medical centersroutinely ask for bids to replace equipment. Tenders are usuallyfeatured in newspapers or you can call the hospital to inquire aboutcurrent tenders out for bid. Profit potential range is $50,000 to$150,000 per year.

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