Do You Want To Help Others While Reaping Significant Financial Rewards?
You may have looked online but not found any real “how to” information from anyone! You want that step-by-step process for running and operating a group home for special needs individuals. If this is something that you have thought about, you have come to the right place. Whether to help out the community, help out someone in your family, there are plenty of opportunities to help others.
Today’s article will focus on the fundamental reason why people operate group homes and how they do it. The primary reason is a desire to help others, and there are two ways to go about it . Let’s go into more details about this.
THE PRIMARY REASON WHY PEOPLE launch a GROUP HOME: The Desire To Help Others
Starting Group Home and Help Others
What we have found is that there are hundreds of thousands of people out there, just like you and I who have family members that have special needs and can’t provide for themselves. Often, they are providing for a brother, sister, mother, father, brother-in-law, aunt or uncle and in doing so, they wind up coming in contact with agencies around town – maybe the VA or DADS (department of aging and disability services) or another local government agency or non-profits. Here in Texas, there are literally hundreds of them, some of the names you may have heard of in are: Life Path System of Collin County, Lakes Regional MHMR, The Warren Center, Achievement Center of Texas, Advocacy, Inc., Community Options, Foundation Communities, Family Eldercare, Joni and Friends, Easter Seals and even the Department of Health and Human Services.
These entities exist all over the country, whether you are in Southern California or Miami Florida. Often, when the caretaker comes in contact with a social worker, the social worker puts other people in need of housing in touch with the caretaker. Eventually, a light bulb may go off, and that caregiver may start an actual business helping others by providing them with a place to live. Although this is an oversimplified version of how the individual may initiate the company and where they will initially get their clients; this is what typically happens.
Great For Social Entrepreneurs
The other group of individuals that start group homes are social entrepreneurs that are looking to help out the community. Social entrepreneurs want to help despite the fact that they don’t have any direct relatives or friends with disabilities. They are only seeking to help others and in doing so, help themselves. They typically start their business in a similar manner, often by speaking with case workers and social workers at local hospitals, government agencies, and non-profits.
Purchasing a Group Home
If you want to help as fast as possible then you best option is to buy a group home. Many existing owners of group homes are extremely reluctant to sell, due to the prosperity. However, those who do decide to sell due to retirement, often sell to other group home owners. It is not as inexpensive to buy a group home as it is to start one. Many “professionals” prefer to buy due to the amount of capital that they already have at their disposal.
If you are looking for additional information on how to start a group home, halfway home, transitional living home, sober home, foster home, ICF/MR home, DADS Home or other type of care home for people with disabilities; check out our free course on starting your very own income-generating group home by clicking here or going to www.grouphomeriches.com and clicking on the free wealth building course.
If you think this was helpful… check out our membership site! We teach you the most important aspects of this business.
FAMILY FORTUNES. 1 GROUP HOMES = $1 MILLION21 February, 2018
How Much Can I Make With Group Homes? Hint: Try $70 Million20 February, 2018
The New Tax Code and The Impact On Your Group Home17 February, 2018