1. Providing elderly care services can help retirees remain in their homes longer, rather than needing to move into a senior facility.
2. You can be your own boss and have the autonomy to set your own prices and schedule.
3. It can be very rewarding experience, as you will have opportunity to make a real difference in people’s lives.
4. There is often a high demand for elderly care services and can provide a stable source of income.
1. It can be emotionally difficult to take care of an elderly person full-time and you may need assistance from other care professionals.
2. The costs of setting up a business can be high, including insurance, licenses, marketing and equipment costs.
3. You will need to have the right qualifications and experience in order to provide quality care services for your clients.
4. You may need to be on-call 24/7, as elderly care can require constant attention and availability.
5. There is a risk of liability if an accident or injury occurs in your care facility.
6. You may need to deal with challenging behavior from clients that can be emotionally draining.
7. You may need to provide transportation services to clients, which can add additional costs.
8. Dealing with clients’ families can be difficult as they may have different expectations of care and service.