senior concierge business plan

Starting a senior concierge business offers financial independence and the opportunity to help others. Rates for senior concierge services range from $18 to $50 per hour, with the potential to earn a solid income of $36,000 to $100,000 per year. A senior concierge business is recession-proof and does not require expensive training or education.

Step 2. Name your business. Now you're ready to name your senior concierge business. Think of something catchy and memorable. Examples include: "At Your Service," "One Call Does It All," and "On The Run For You.". Pick a name that is easy to spell and remember, and consider adding the name of your town, or even your own name, in ...

Step 1: Get Insights. It's always crucial to research first. Ask about the area's conditions and base your decisions on the facts around you. For instance, if you live on a steep hill, it makes more sense to provide transportation services for seniors than a hygiene-related service.

Your operations plan should have two distinct sections as follows. Everyday short-term processes include all of the tasks involved in running your concierge services business, including marketing, providing consultations, completing tasks, maintaining company vehicles, keeping up to date on restaurants and events, etc.

Godsend Concierge Service's start-up costs will include all the equipment needed for the home-based office, legal fees, website creation, and start-up advertising. The projected growth rate for GCS is over 100% per year, with strong operating margins. GCS expects to have sales of $156,000 by year 3.

With rates like this, earning a solid income of $48,000 to $120,000 per year is possible, depending on the rates in your area and how many hours you work. Best of all, a senior concierge service is a recession-proof business. People grow old and require your help and services regardless of what the national economy is doing.

Once you've started your senior concierge business, you'll find your clients will request unusual services that you never imagined existed. For example, one of my first clients was a retired mining engineer who still owned undeveloped mining claims in the area. To satisfy a government requirement, we would often go on day trips to inspect […]

Running a senior concierge care business can be very challenging from an operational perspective. Agencies looking to expand into personal care services need to plan ahead before coordinating this additional service line. Let's look at 5 key points to creating a comprehensive, flexible, and thriving operational strategy for senior concierge ...

Writing a concierge services business plan is a crucial step toward the success of your business. Here are the key steps to consider when writing a business plan: 1. Executive Summary. An executive summary is the first section planned to offer an overview of the entire business plan. However, it is written after the entire business plan is ...

Business Overview. Quality Concierge Services is a startup concierge service company located in San Francisco, California. The company is founded by Max Trenton, a former concierge with a large, established concierge service company. Max has worked within the concierge industry for over 15 years and has a wide range of skills and depth of ...

The senior concierge service business plan financial experts helped the owner make this business plan which aims to enhance the business so that every individual can benefit from it. These ready-made business plans for concierge services contain the operational plan involving hiring the initial staff, including a manager, an assistant, and a ...

Get the most out of your business plan example. Follow these tips to quickly develop a working business plan from this sample. 1. Don't worry about finding an exact match. We have over 550 sample business plan templates. So, make sure the plan is a close match, but don't get hung up on the details. Your business is unique and will differ from ...

Industry Analysis. Customer Analysis. Competitor Analysis. Marketing Plan. Operations Plan. Management Team. Financial Plan. Appendix. Keep in mind that you'll need to tailor this information to your specific type of concierge business, but these 10 components should be included in every plan.

Startup costs for a personal concierge business range from $2,500 to $6,000 assuming you already have a car. Costs include a computer and a website. You could also get a membership in the National Concierge Association (NCA) for about $300 annually.

The projected P&L statement for a concierge services company shows how much revenue and profits your business is expected to generate in the future. Ideally, your concierge services company's P&L statement should show: Healthy growth - above inflation level. Improving or stable profit margins. Positive net profit.

Sample List: Startup Costs for a Concierge Business. The purpose of the list below is to focus on the items more than the numbers because these are general samples, and your figures will be different. Legal and Licensing Fees: $500 - $2,000. Business Registration and Incorporation: $200 - $1,000.

2 - Licensing. The licenses you will need are fairly basic including a business license to operate in the community you intend to run your business and all proper vehicle licensing. If you require a tax number, this is the time to sort out those details and purchase or register whatever is needed to comply. 3 - Name Your Business.

To get things started, prepare a simple business plan. While this isn't always necessary if you won't be applying for financial help, it can help you define your business and target market. B Plans has an example created for a personal concierge business. After you have settled on your business structure and obtained a Federal Tax ID number ...

This Business Plan Book provides the updated relevant content needed to become much more knowledgeable about starting a profitable Senior Concierge Service Company. The fill-in-the-blank template format makes it very easy to write the business plan, but it is the out-of-the box strategic growth ideas and detailed marketing plan, presented for ...

A Sample Personal Concierge Service Business Plan Template. 1. Industry Overview. The Business Concierge Services industry is known for providing on-demand services for clients that ranges from business executives to employees and individuals. Players in this industry offer a wide variety of services such as running errands, conducting grocery ...

With 48 million Americans over 65, and 7 million over 85, senior service businesses are booming for everyone from home care providers to senior taxis. One of the fastest growing senior services is a concierge business for seniors,providing concierge services for those in their 60s, 70s, 80s and even quite a few in their 90s. […]

Seniors who no longer drive need an escort to get them to social events and church services, and to be a companion while t here. 6. Grocery shopping. Not everybody likes to shop for groceries, so this is one of the most popular services for a senior concierge. Also, there are seniors who have no choice, such as homebound

According to a recent survey, rates range from $20 to $45 per hour, with a national average of $28 per hour. A normal 8-hour day brings in $224, or $1120 a week. That's over $56,000 a year for a simple service business. Most concierge service businesses also add a small per-mile charge to cover their extra vehicle costs.