Owning and Operating a Residential Care Home
Path #2: Owning The Home and Working The Business
Many people choose to purchase a suitable home for a Residential Care Home, get it licensed, and then work in the home themselves with other caregivers. If you are only planning on owning and operating one home, this is the most profitable option of all the Majestic Residences paths. This path would not be recommended if your personal and business goals include owning several or many homes.
Many people find working with staff in their Residential Care Home with seniors a very satisfying lifestyle. Working the home on a daily basis can save the cost of a staff member or two but it can have its social drawbacks also. Most states require the managers and caregivers to obtain a state-required certification or license.
Your Majestic Residences franchise training will include everything you need from:
- How to choose a good location for your home
- Licensing procedures
- Operations, Policy and Procedures manuals and education
- Staffing needs
- State regulations
- Meal Planning
- Care planning
- Marketing for residents
- and much more.
