Harvey's Family Care Home | Application Preview
Harvey's Family Care Home seeks government grants to support two key initiatives: hiring additional staff and installing a generator to ensure consistent power during outages. The owner plans to expand operations by renting a second facility within five years to accommodate up to six residents.
The applicant expresses a genuine passion for caring for older adults, having started by opening their home to three residents in need of assistance. They believe funding will be justified due to the increasing demand for quality family care homes.
In terms of competition, Harvey's Family Care Home faces challenges from assisted living facilities, skilled nursing facilities, and other family care homes. However, the unique selling point of this business is its smaller size, allowing for personalized attention and a comfortable, home-like environment. They are also able to offer competitive pricing, charging lower monthly rates compared to larger facilities while still providing essential amenities.
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General Information
Business Registration Number: 86-3613070
Location: Burlington, NC, United States
Length of Operation: 1-5
Number of Employees: 1-10 Employees
Annual Gross Income: Less than $100k
Annual Gross Expense: Less than $100k
Open to Loans: YES
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Funding Usage
Funding will be used to hire help within the facility and to install a generator for the facility for power outages.
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Business Plan
Within the next five years, my plan is to rent a second facility, to accommodate 6 residents. I really enjoy taking care of older adults, and to get started I opened up my private home to 3 residents that were in need of assistance, and could no longer live on their own. I feel that investors should invest in me because there is such a high demand for good family care homes.
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Self Identified Competition
Assisted Living Facilities, Skilled Nursing Facilities, and other Family Care Homes What makes me different is that I am a small facility and I can cater to my residents and offer a home-like environment while offering all the other amenities my competitors offer, but at a lower rate per month.
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Contact Applicant
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