Start a Senior Services Business

By Eric Hammer

Senior citizens are a big business; and with the baby boomer generation now retiring, starting a senior services business is a great idea if you want to make a solid living. So just what is a senior services business? Basically, it's a company specializes in providing all kinds of services that older people may need, such as home health aides, drivers to help seniors get to places they otherwise wouldn't be able to go, light housework, you name it.

Unfortunately, it's a fact that as people age they become less and less able to take care of themselves and they become more dependent on others. However, in our hyper competitive society, children often don't have the time or the wherewithal to take care of their parents. Therefore, for those who don't want to go into a nursing home, a senior services business provides the perfect opportunity to purchase whatever services are needed to help these older American remain independent.

How Much Can You Make?

It's difficult to quantify how much you can make since this is a business and not a job. How much you'll earn will depend entirely on your own initiative and your own efforts to get your business off the ground.

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Keep in mind that this is a service business. While you will rarely need to provide services yourself (you'll subcontract the work out to people who go to homes and actually provide the services), you will need to deal with people all day. You'll be working with customers, both the senior citizens and their children who will be arranging the services that are needed. Therefore, you should be good at solving people's problems and listening to them and to their needs.

Those interested in working with senior citizens but who don't want to start a senior services business should also consider starting up a nursing home or assisted living center where seniors live in the building full time and get varying levels of services depending on what their particular needs happen to be.

Qualifications / Requirements

There are no formal requirements to start a senior services business, however you should familiarize yourself with the needs of senior citizens and what kinds of problems you are likely to encounter on a day to day basis while running your new business venture.

First Steps

Start by reading more about senior services and what kinds of services are generally offered by a senior services business. An excellent book on the subject can be found in the resources below. Then, consider whether to start an independent business or work with a franchise. While starting an independent business can often be done more cheaply, a franchise may help you with support systems to make building your new business easier.


Check out these helpful resources to learn more about starting a senior services business:

Senior Helpers - This is a franchise opportunity in the senior services business. The company provides training and support to help you build your new business from the ground up.

Start Your Own Senior Services Business by Charlene Davis, Entrepreneur Press, 2006 - A good book to get you started on the road to building your own senior services business.

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Every Way to Make Money | Start a Senior Services Business