Care home related business idea

Care home related business idea

Author
Discussion

Andrew[MG]

Original Poster:

3,332 posts

205 months

Thursday 7th December 2023
quotequote all
I'm looking at a potential opportunity for my wife who is currently an A&E nurse and used to work in care homes, but grew up around the world in an oil family expat life and went to an expensive boarding school in the home counties.

I feel like there's an opportunity to help wealthy people who live abroad (or at the wrong side of the UK from their family) when their parents get older and need to move into a care home. Which ones are right for their needs, how to asses them, how to interview them when you are not there, how to liaise with the local authority for the bits they are involved with, what legal help do you need. There are a lot of questions and stress and ultimately you might want your family member to be looked after as well as possible through this process.

It's a very niche business, but I feel like her combination of skills and knowledge would allow her to really help people here, while also creating an income stream.

Has anyone on here engaged with such a service or felt like you needed one?

I realise that some of the big companies you find on Google will likely provide this service, but I'm not sure it'll be as personal from an employee of a large business.

Mezger

381 posts

113 months

Sunday 10th December 2023
quotequote all
Andrew[MG] said:
I'm looking at a potential opportunity for my wife who is currently an A&E nurse and used to work in care homes, but grew up around the world in an oil family expat life and went to an expensive boarding school in the home counties.

I feel like there's an opportunity to help wealthy people who live abroad (or at the wrong side of the UK from their family) when their parents get older and need to move into a care home. Which ones are right for their needs, how to asses them, how to interview them when you are not there, how to liaise with the local authority for the bits they are involved with, what legal help do you need. There are a lot of questions and stress and ultimately you might want your family member to be looked after as well as possible through this process.

It's a very niche business, but I feel like her combination of skills and knowledge would allow her to really help people here, while also creating an income stream.

Has anyone on here engaged with such a service or felt like you needed one?

I realise that some of the big companies you find on Google will likely provide this service, but I'm not sure it'll be as personal from an employee of a large business.


A niche, but real service/need. I've been an expat for 11 years, I can see the value in this type of service.

cliffords

1,823 posts

30 months

Sunday 10th December 2023
quotequote all
Some big care homes have the service to but at that point you have effectively chosen the care home .
I have been there with my mum who is now in care. I think it's an interesting idea .
Many care home admissions are from hospital. Hospital discharge into care or normally nursing home after hospital stay due to accident or falling over , or stroke etc. So timing is tight .

As an addition thought . My mum and I visited care and nursing homes about 1 year before she became a resident. It was quite painful but she had part of the choice in where she finally went in earlier this year .

I think you either have the emergency type admission from hospital or a run up type situation. In the second situation I can see the value .

22s

6,424 posts

223 months

Sunday 10th December 2023
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https://lottie.org/

Sounds similar to this?

Tagteam

320 posts

30 months

Sunday 10th December 2023
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The problem is people don’t generally plan care / it tends to be very last minute . I now need care for family members because of xxx. And then it’s trying to find a bed available . We get so many calls from people who are a bit shocked when you say we are full. They often think it’s like a hotel - and ask when are beds available .

g35x

97 posts

190 months

Sunday 10th December 2023
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These kinds of services exist today, for example in America there is a service called ‘’A Place For Mom”, you can see it on the internet. The key thing is the payment structure, the care homes pay the agency for the referral, not the family seeking the service.

Hoofy

77,494 posts

289 months

Sunday 10th December 2023
quotequote all
It's a good idea if you can get the business (I see others have mentioned the service already exists). On the flip side, I worked for a short time in a care home and noticed that the manager was also a qualified nurse, and would go to hospitals to evaluate a patient if the hospital was considering moving them into a care home.

Maybe it's an idea for your wife to work for a business that already exists and see if she wants to eventually run her own business.

QuartzDad

2,369 posts

129 months

Sunday 10th December 2023
quotequote all
Attended a presentation by the MD of this lot when my Mum moved into a new build care home earlier this year, seems to be exactly what you’re describing.

https://timefindersuk.com/

Andrew[MG]

Original Poster:

3,332 posts

205 months

Thursday 14th December 2023
quotequote all
Thanks everyone - good to know there's at least a kernel of an idea.

I knew there would be a few large websites offering some or all of this service, but I do think there will be a lot of this that's personal and therefore the right person might be able to succeed in winning business. Thankfully, Google isn't the only route to market.

There are of course a few ways to charge:
  • commission from homes (not keen on this one)
  • charge a per-hour rate
  • create packages that will suit different customers
Lots to think about!

Hoofy

77,494 posts

289 months

Thursday 14th December 2023
quotequote all
Andrew[MG] said:
Thanks everyone - good to know there's at least a kernel of an idea.

I knew there would be a few large websites offering some or all of this service, but I do think there will be a lot of this that's personal and therefore the right person might be able to succeed in winning business. Thankfully, Google isn't the only route to market.

There are of course a few ways to charge:
  • commission from homes (not keen on this one)
  • charge a per-hour rate
  • create packages that will suit different customers
Lots to think about!
A commission basis would make a customer feel like they're not running up a bill by talking to you. If you can make it free of any pressure that would make a change from all the other sales people targeting old people. (See the comment about British Gas in today's boiler replacement thread.)

Andrew[MG]

Original Poster:

3,332 posts

205 months

Friday 15th December 2023
quotequote all
The target customers are the children who are abroad or too busy due to other life commitments and can afford to pay to get the best care of their parents.

Hoofy

77,494 posts

289 months

Friday 15th December 2023
quotequote all
Andrew[MG] said:
The target customers are the children who are abroad or too busy due to other life commitments and can afford to pay to get the best care of their parents.
Ah right, I wonder if maybe a fixed fee would work better, then, rather than an hourly.

Andrew[MG]

Original Poster:

3,332 posts

205 months

Thursday 21st December 2023
quotequote all
Hoofy said:
Andrew[MG] said:
The target customers are the children who are abroad or too busy due to other life commitments and can afford to pay to get the best care of their parents.
Ah right, I wonder if maybe a fixed fee would work better, then, rather than an hourly.
I think you are right + it gives a bit more clarity on what you'll actually pay.

Hoofy

77,494 posts

289 months

Thursday 21st December 2023
quotequote all
Andrew[MG] said:
Hoofy said:
Andrew[MG] said:
The target customers are the children who are abroad or too busy due to other life commitments and can afford to pay to get the best care of their parents.
Ah right, I wonder if maybe a fixed fee would work better, then, rather than an hourly.
I think you are right + it gives a bit more clarity on what you'll actually pay.
Your wife needs to think about what they'll get for the money, so even if they're paying £500 or £2000, it feels like value for money.

Happy to have a chat with you both about the general approach/pricing strategy. It's something I've helped business owners with who also offer premium services (rather than selling products, premium or otherwise).

cliffords

1,823 posts

30 months

Thursday 21st December 2023
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Knowledge of care homes only comes from experience of them, and the local area. Knowing the local authorities, having experience of the area and evidence of how they work.

If your in Hull (an example) and I am in HK but my mum who needs help lives in Surrey, how will you be able to help me .

Herbs

4,975 posts

236 months

Friday 22nd December 2023
quotequote all
Interesting concept.

We operate a care home finder service for UK based people, but we don't have a service for the expat community.

May be worth a chat to see if a symbiotic relationship could be a mutually beneficial.