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Is elder companion care an avenue to growth for my nanny agency?

Self-Assessment

Questions to ask yourself as a nanny agency owner…

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Question 1 of 10

Am I curious about elder companion care as an opportunity?

A

Yes

B

No

Question 2 of 10

Would I like to explore elder companion services in a low pressure, step-by-step way to start?

A

Yes

B

No

Question 3 of 10

Am I looking for an additional stream of revenue in a massively growing market (elder care market overall = 600B opportunity)?

Question 4 of 10

Am I nervous about scope of companion services, i.e. “job creep” for my caregivers and my business, liability, and any lines between medical and non-medical care but curious to learn more?

A

Yes

B

No

Question 5 of 10

Would I like to provide more work opportunities for my caregiver base?

A

Yes

B

No

Question 6 of 10

Would I like to reach out to sandwich-generation parents I’ve served in the past to gauge if they are interested companion care for their aging elders and friends?

A

Yes

B

No

Question 7 of 10

Am I interested in a luxury-market aligned “elder companion care in a box service” I can use for years to come to make profitable elder companion placements?

A

Yes

B

No

Question 8 of 10

Am I unclear about my state health department and state licensure requirements around providing elder companion / household support services but would love to learn more?

A

Yes

B

No

Question 9 of 10

Do I have 2-3 extra hours a week to explore this service with a hands-on consultant with decades of care experience, research expertise in this space, and a major funding from the National Institutes of Aging?

A

Yes

B

No

Question 10 of 10

Gut check: do I feel a little excited about a potentially new, big opportunity in exploring the elder companion space and if it’s a fit for me and my agency?!

A

Yes

B

No

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