How to Start a Senior Placement Agency in 2020?

Do you wonder how to start a senior placement agency? Do you know what is a senior placement agency and what are its requirements?

There are some vital steps you have to consider before starting your business. Some important factors are necessary to be considered in order to grow your business and build trust among people.

In this article, we are going to explain what a senior placement agency is and also what are the steps you have to do before going online and build your own website. In the end, we briefly explain how to start an online senior placement agency.

What is a Senior Placement Agency?

A senior placement agency is a company that will help you to choose the best nursing home for your elder relatives. It is important to choose a suitable and comfortable nursing home. Therefore, it is necessary to consult with experts before choosing one.

These agencies are specially provided for those who are far from their loved elders and they are worried about their care and safety. Therefore, they refer to a senior placement agency to find them the most sufficient nursing home. There is a number of important factors families consider to choose a nursing home over the other. Some of these factors are:

• The amount of money they are capable of spending for a nursing home
• The distance between the nursing home and their location
• The services each nursing home provides for elders
• The number of residents and staffs
• The distance between the nursing home and the closest hospital for emergency situations
• The environment of nursing home and its entertainment programs
• The reviews and rating
• etc.

Services referred by these agencies provide different services with different costs to customers and they have to choose the best care package based on their needs and affordability. Basically, before deciding which nursing home to join, it is important to take a tour and make sure the services are what they need.

You as a senior placement agency provide your customers with information that they are not able to gather personally. Therefore, they will gain more insight into the nursing home they choose as candidates and there is also no need to visit the nursing home multiple times.

You are responsible for all the questions your customers ask and you shouldn’t put the responsibility on them since you are consulting them with the information they may not be aware of.

Now we are going to mention the steps you need to follow to start a senior placement agency.

1. Draw a Senior Placement Agency Business Plan

The first step to start your business as a senior placement agency is to prepare your business plan. Business Plan is the basis of every business and without it you may fail in your business.

Business Plan guides you from the starting stage to marketing and promoting your business. It covers all aspects of a business such as funds, sponsorship, hiring, office location, organization chart, etc.

Each business has its own Business Plan so that you have to draw it based on your own business and individual needs. There is a number of sections you need to cover to draw your business plan:

a. Executive Summary

In this section, you are about to briefly explain about your business and your mission and goals. The basic information such as employees, financial information, location, and leadership. You can also describe what your business is mainly about and what are the services you are providing to your customers.

This section is a summary of your business and there is no need to write more than two pages for this summary.

b. Company Description

The next section is to write a description of your business. In this description, you have to provide an overview of your company and describe what you are planning to do in your company. This section is an important part to attract readers and investors’ attention.

Then it is time to explain the value of your business and describe the structure you are using for your business.

c. Market Analysis

In the third step, it is time to analyze the market you are about to enter and investigate your competitors. You should analyze the weaknesses and strengths of your competitors to find the proper methods to promote your business.

You should also identify your target audience and their potential needs. It is also crucial to consider the obstacles and barriers you may face and find your competitor’s lacks and disadvantages.

d. Business Organization and Management

Now it is time to define your management structure you want to use in your organization. You have to provide your organization chart flow and clarify the management of each part.

Another thing you have to consider in this section is to define your future hiring needs to expand your business.

e. Products and Services

In this step, describe your services and products you intend to offer in your business. Explain in detail about your services and the benefits they may gain using your services.

f. Sales and Marketing Plan

After giving details about the whole business and your services, it is time to write your plan to sell your services and how you are going to gain customers in your business.

g. Financial Projections

This is the last step in drawing your business plan. In this stage, you will explain in detail your financial plans and projections. Describe your current financial status and forecast the future of your financial status in the future of your business.

2. Register your senior placement agency

After writing your business plan, and choosing your company name, it is time to register your agency legally. Based on your geographical location, you need to register your business and collect all the necessary documents and Medicare certification (in the case of the US) to start your business legally.

Base on the services you provide to your customers, you may need to attend some courses. Registering your business prevents your company to be copied and makes your company more reliable and secure.

3. Choose the best location for your senior placement agency

Now, when you have already drawn your business plan and register your business, it is time to start your job and find a suitable location for your office. Keep in mind that, it is important that your location meets all the requirements in your country.

For example, for a senior placement, it is important to be surrounded by at least two hospitals.

It also investigates the place you are about to rent or buy for your senior placement agency, to ensure that there are no legal problems that can threaten your business.

4. Draw the senior placement agency’s marketing plan

The last step to start your senior placement business is to provide its marketing plan. Having a marketing plan for your company is the key to success in your business.

It is important to use marketing strategies in your business to gain more customers and encourage them to use your services instead of your competitors’. There are some strategies you can use to gain more customers and promote your business in today’s competitive world.

Here we mention some of the most popular and useful strategies you can use as your effective marketing plan:

• You can create a website and be active on social media.
• It is a good idea to join local business groups
• Participate in business seminars and meetings to make your business known.
• etc.

In this article we focus on the first strategy, creating a website, and explain how it will have an impact on your business success and brand awareness.

5. Go Online: Start an online senior placement agency

Technology has changed people’s lives and most of the daily tasks and actions are becoming online. People use websites and search engines to seek what they need on the Internet. They browse websites or install various applications to fulfill their daily needs.

Therefore, it is vital to create your own website for your senior placement agency to compete with other agencies on social media. Nowadays, people search for their needs on the Internet and choose the most suitable website for themselves.

One thing that you should care about is local SEO. Local SEO helps you appear on local searches such as ‘senior placement agency near me’.

Therefore, besides providing satisfying and unique services, it is important to create a unique and attractive website based on SEO to get a better ranking on search engine results.

We suggest you build your website using WordPress CMS. It is totally free and with its numerous plugins and themes, you can customize your website based on your needs. Hiring a development team is expensive especially for startups and small businesses. You have to hire a team with high salaries but with WordPress, you can build your website without any coding knowledge.

Unique and powerful themes such as Publisher enables you to design a website customized for your senior placement agency and be different from your competitors on the Internet.

Conclusion

As we explained, like any other businesses there are some crucial steps you have to take before starting your carrier. It is also important to go online and be active on the Internet.

These days, the Internet plays an important role in people’s lives and they are attached to the Internet and Technology. Therefore, it is a must to build your own website and use it to promote your business.