Home Care Owner FAQs

We've brought together a team of educators and home care experts to answer the burning questions that you and every home care owner will ask at some point.

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How much do home care agency owners earn?
Connor Kunz

Connor Kunz VP @Careswitch, former head of education @ Home Care Pulse, scaled a service business 7 figures in 3 years

LeadershipFinances
Finances
Are there any financial statements I might not be using that would give me a leg up in my home care agency's financial health?
Jennifer Ramos

Jennifer Ramos Managed and sold three different home care agencies; CEO of JR3 Consulting

Finances
Are there any value-adds home care owners overlook that can help maximize the value of their agency?
Jennifer Ramos

Jennifer Ramos Managed and sold three different home care agencies; CEO of JR3 Consulting

Finances
What’s the biggest mistake home care owners make when preparing to sell an agency?
Jennifer Ramos

Jennifer Ramos Managed and sold three different home care agencies; CEO of JR3 Consulting

FinancesLegal
Should I apply for Employee Retention Credits and how do I know if my home care agency qualifies?
Angelo Spinola

Angelo Spinola Home health, home care and hospice chair at Polsinelli

LegalFinances
What are the most important things a home care agency owner should be thinking about now if they want to sell in five years?
Jennifer Ramos

Jennifer Ramos Managed and sold three different home care agencies; CEO of JR3 Consulting

Finances
What's the best way to tell our clients that we're increasing our rates?
Adam Corcoran

Adam Corcoran Director of Business Development at Golden Care, owner of Home Care Flyers, helped build a multimillion dollar agency from the ground up

FinancesCare Operations
If there's an economic recession this year, how will that impact my home care agency?
Connor Kunz

Connor Kunz VP @Careswitch, former head of education @ Home Care Pulse, scaled a service business 7 figures in 3 years

Finances
What's a good profit margin for a home care agency and how big a cut should I take as the owner?
Connor Kunz

Connor Kunz VP @Careswitch, former head of education @ Home Care Pulse, scaled a service business 7 figures in 3 years

FinancesLeadership
How much does it cost to start a home care agency?
Connor Kunz

Connor Kunz VP @Careswitch, former head of education @ Home Care Pulse, scaled a service business 7 figures in 3 years

Finances
What are the essential steps to starting a home care agency?
Connor Kunz

Connor Kunz VP @Careswitch, former head of education @ Home Care Pulse, scaled a service business 7 figures in 3 years

FinancesLegal
Is there a spreadsheet I can download to easily calculate how much I need to charge to break even?
Julio Briones

Julio Briones Home care consultant specializing in helping 7-figure home care agencies grow

Finances