New Venture Scheme: Business Growth and Optimisation for Care Businesses
Be it a first time venture or expansion of a current care portfolio, we can help you get your new business off the ground and ensure all areas are optimised for the long term - Whether a care home, or domiciliary care business, we are here to assist
Our New Venture Service focusses on the four primary facets of importance when starting a new care home:
Attract and retain the best people for your new venture. Your staff are the face of and cogwheels in your care operation. Attracting the right people to represent you and taking steps to enhance their caregiving experience will influence the service your care recipients and wider stakeholders receive. Our Industry-leading experts will give you actionable advice on how to find, on-board and keep the best people.
Evaluate potential risks to your business from the outset. Demonstrating that necessary risk assessments have been conducted not only future proofs your new Care operation but also ensures you are getting the most appropriate quotation on a crucial outlay; your insurance. Spend an hour with our Risk Consultant to learn all about Health &Safety, HR and Employment and Compliance matters to prepare and protect your care business.
Put in place a well thought out financial strategy. This can put your new venture onto a sound footing from inception. Be it optimising tax efficiency, protecting against the loss of key workers, setting up a staff workplace pension and group life policy or sourcing the most appropriate borrowing, getting your finances on point from the start is crucial.
CQC Consultancy and Support
Awareness, compliance and adherence are key when it comes to Care Quality Commission assessments and inspections. Our industry-leading experts will help ensure that you start your care business with the correct approach and best practice operating model to achieve your CQC rating.Prevention is better than cure, which is why we recommend taking a proactive approach to managing your CQC rating and report with a mock inspection. Setting your care business up for success by ensuring you are fully compliant with CQC regulations is essential and our CQC Specialists will help you register, develop and implement a CQC-compliant model from Day One.
We also offer support on all other areas of consideration when setting up a new care business as detailed on our New Venture Timeline:
Lending & Financing
Care Home Acquisition
Pensions & Wealth Management
Energy, Water & Telecoms Supplies
Ongoing Planning – Business Continuity Planning, Ongoing Financing, Cyber Health Checks and Protection, CQC Mock Inspections
Speak to us today about how we can comprehensively bring these solutions together as you get your new business off the ground efficiently, safely and compliantly.
New Venture Timeline
Our checklist of set up actions for your new venture will help you visualise what you need to think about and when.