Non medical home care agency

Hits: 1078 | Stock No: #20993
USD110000
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Project Details
Minimum investment per investor: 1000
Country: USA
State:
Virginia
Reason for needing Capital: Working Capital
Stage: In Operation/Selling
Ideal Investor Role: Equity partner
Highlights: United States home care market is expanding from $100 billion in 2016 to $225 billion by 2024, driven by an increasing elderly population.I have established and invested $192,000 in a start-up Non-medical home care agency in Roanoke ,Virginia.
Demographics and the statistics are promising as more than 67,000 seniors are living into those areas.
Agency become fully operational, as all necessary staff are hired and all required documentations are in place.
What you offer to investors?: 20% equity for $110,000

STANLIVIEW LLC

(DBA) STANLEYVIEW HOME CARE


Summary of the agency


192,000 USD had been invested in the company till the date.


A business plan had been conducted to achieve 2 goals:

1.     Road map for the business.

2.     Obtain approval for the owner’s E2 visa application.

This business plan had been submitted to USCIS and got the approval on August 1st, 2023.

 

Summary:

The agency had been stablished since June 16th, 2021, with a registered agent (Corporate Service Company), who had established the registration requirements with Virginia state (Commonwealth of Virginia, state corporation commission, entity ID number 11242753).

 

On Oct 2021 the EIN number had been obtained from IRS, number 61-1998091

 

In June 2022 a suite (office space of 528 sqf) had been rented at 3959 Electric Rd, suite # 325 Roanoke 24018.

 

On June 2022 Business registration had been done with Roanoke County authority (Business Tax ID 31669, number 100039223) and being renewed since then.

 

On MAY 2023 a Tax registration with Commonwealth of Virginia, Department of Taxation had been obtained, number 30-611998091F-001.

 

 The agency has obtained and maintaining the followings:

 

·      Main Tel number 540 206 2773 by COX Business (With 3 separate office line’s numbers)

·      Fax number          540 595 3880 by Concord (HIPPA Compliance)

·      High speed internet (300 mb downloads and 30 mb uploads), by COX Business.

·      Website www.stanleyviewhomecare.com

·      Facebook, business account https://www.facebook.com/thestanleyviewhomecare

·      Instagram account:  stanleyviewhomecare

·      LinkedIn   account :    Stanleyview Home Care

·      Website, SEO and social media developer with WEBACT.

·      Answering and chatbot services with Answerforce (Attending calls and chats 24/7)


 The agency has a valid business agreement with the followings:

 

·      WellSky ex ClearCare.

·      Medtrainer

·      Hireology

·      QuickBooks online. (Linked with business Bank account)

·      Paychecks (for employees’ payroll services)

·      Roanoke Chamber of Commerce

·      Webact (Website, SEO, and social media developer)

·      Answerforce (24/7 Answering and chatbot services)

·      CPA (Brawns-Edwards).

·      Legal office (Rhodes, Butler & Dellinger, PC)

 

 

The agency has established and maintaining all insurance requirements as follows:

 

·      Workmanship compensation, AmTrust # WWC3661567 (Wesco Insurance Company)

 

·      General & Professional liability,   # 567996167(Heffernan Insurance Brokers)

 

·      Property (Office) insurance # 470028971(Next First Insurance Agency, Inc.)

 

 As required by VDH:

 

·      A full-time professional Executive Administrator is hired since MAY 1st, 2023.

·      2 part-time Registered Nurse are hired since JUNE 5th, 2023.

·      5 part-time caregivers (CNA’s) are hired since August 2023.

 

The agency has obtained a license through VDH-OLC as Personal-care licensed on Jan 9th, 2024.

 

 Consultancy services:

In April 2022 the agency assigned a consultant “Kenyon Homecare Consulting” who has assisted and directly participated in establishing the technical requirements of the agency which are, but not limited to:

·      Policies and Procedures manual.

·      Employees handbook.

·      Operating forms.

·      Logo and website developing.

·      Advising in selecting a proper office space

·      Assisting and participating in obtaining business relationship with WellSky , Medtrainer , Hireology and General & Professional liability insurance.

·      All kind of technical advising and assistance.

·      Conducting, directly, the interview of the Executive administrator and Registered Nurse and provided a direct recommendation based on the interview and a professional test.

 

The consultancy agreement lasted for more than one year in which an extensive meetings and discussions were conducted periodically and as required.

 

 


 

 

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