About Startup Costs
The startup costs provided in this database include an approximate financial investment that will be needed to start the business. This is generalized information and should only be used as a yardstick to determine business startup costs. Your investment will vary based on factors such as equipment, transportation, licensing and permits, operating location, working capital and initial marketing and advertising budgets. Remember a successful entrepreneur is one who carefully researches and plans every aspect of a new business venture, including the financial investment needed to start a business and the working capital required to achieve positive cash flow.
Business At A Glance
Home-Care Service
Startup Costs: $2,000 - $10,000
About
Franchises Available? No
Online Operation? No
With more people wanting to grow old in their homes, this could be the perfect opportunity for a caring person.
Business Overview
Starting a home-care service is a great business enterprise to initiate, as people are living longer and, more important, living longer on their own. This type of new business venture would best suit a person with a background and training in the health-care industry, but with that said, home-care training is available in almost every community across North America. Generally, there are two types of home-care providers, and the training required for each is very different. The first type of home-care service is one that focuses on assisting people with everyday tasks, such as cooking, cleaning, errands and personal hygiene. The second type of home-care service can include the aforementioned with the addition of medication administration and in some cases, therapy. Income potential will range from $20 per hour to as much as $50 per hour depending on services provided and skill levels required.