COMMERCIAL: Leasing a 5000-8000 square foot facility can be a major expense, with build out costs ranging from $75K-$300K for larger centers<\/p>\n
RENT:\u00a0 A 2,000 square foot commercial space could cost between $2000 and $5000 a month, depending on location and amenities<\/p>\n
FRANCHISE:\u00a0 Upfront costs $50,000, with total investment of $600,000. To $900,000.\u00a0 ADULT DAY CARE GROUP IS NOT A FRANCHISE<\/p>\n
LICENSING AND REGULATORY FEES:\u00a0 Expect to pay $50-$5000 depending on state and facility capacity<\/p>\n
INSURANCE: Property & public liability insurance range from $3500 to $5000. Don\u2019t forget driver insurance, workman\u2019s comp. Some Insurance companies have a package deal for adult day care.<\/p>\n
EQUIPMENT AND SUPPLIES: Furniture, medical equipment and activity supplies<\/p>\n
STAFFING: Staff recruitment and salaries are ongoing expense<\/p>\n
WORKING CAPITAL: You will need funds to show the state that you can run for one year at minimum.\u00a0 Aswell, as funds to cover until profits roll in.<\/p>\n
MARKETING: Costs for marketing campaigns are an important start up expense. ADULT DAY CARE GROUP has an entire marketing team to get you started as well as to stay ahead of the competition.<\/p>\n
<\/p>\n","protected":false},"excerpt":{"rendered":"
COMMERCIAL: Leasing a 5000-8000 square foot facility can be a major expense, with build out costs ranging from $75K-$300K for larger centers RENT:\u00a0 A 2,000 square foot commercial space could cost between $2000 and $5000 a month, depending on location and amenities FRANCHISE:\u00a0 Upfront costs $50,000, with total investment of $600,000. To $900,000.\u00a0 ADULT DAY CARE GROUP IS NOT A FRANCHISE LICENSING AND REGULATORY FEES:\u00a0 Expect to pay $50-$5000 depending on state and facility capacity INSURANCE: Property & public liability insurance range from $3500 to $5000. Don\u2019t forget driver insurance, workman\u2019s comp. Some Insurance companies have a package deal for adult day care. EQUIPMENT AND SUPPLIES: Furniture, medical equipment and activity supplies STAFFING: Staff recruitment and salaries are ongoing expense WORKING CAPITAL: You will need funds to show the state that you can run for one year at minimum.\u00a0 Aswell, as funds to cover until profits roll in. MARKETING: Costs for marketing campaigns are an important start up expense. ADULT DAY CARE GROUP has an entire marketing team to get you started as well as to stay ahead of the competition. <\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[],"class_list":["post-76","post","type-post","status-publish","format-standard","hentry","category-blog"],"yoast_head":"\n