7 Steps to Systemising Your Care Business
In the previous post we looked at the reasons why you should systemise your care business.
In this post I cover 7 key steps to systemising it so it runs more efficiently and effectively.
Your Breakeven Point is About to Increase – What Will You Do?
We are days from the end of April and you will need to run this month’s payroll.
Without a doubt, this payroll will see a significant rise in your staff wage bill?
What you do next will be vitally important to the health of your care business.
How Much Will Your Costs Increase on 1st April?
Your costs are going to increase significantly come 1st April.
Can your care service handle this increase? What are you going to do to make sure it can?
How Much Extra Employer Costs Do You Pay?
If you aren’t calculating the extra costs for each of your employees, and including them in your care fees, then you are likely paying an extra 20% or more of your overall staff costs.
This extra employer cost should be included in your fees.
On top of that, commissioners expect you to calculate these costs and will question the accuracy of your fees if you don’t.
It’s vital that you add these costs to ensure this significant cost is covered by your care fees.
If you don’t know how to calculate this significant extra cost then read this post as I’ll show you how.
If Your Care Home Has Empty Beds Please Read This
If your occupancy is lower than average and you have more empty beds than usual here is what you should AND shouldn’t do.
5 Steps to Make Your Care Business Financially Secure
Will your Care Home Survive this Crisis?
Care Fee Calculator – The Care Providers’ Fee Calculating Tool
