The nursing and residential care home sector has seen both a rapid expansion and a limited decline over recent years.
On the one hand, life expectancy has increased, but on the other hand difficulties with funding and charging levels have also taken effect. It is an area where legislative changes are putting more pressure on the owner/managers of businesses.
We have considerable experience in assisting businesses in this sector, and understand the issues facing the managers of such businesses.
- We can help you through providing support activities, such as bookkeeping and payroll, to enable you to concentrate on running the business.
- We also have experience in obtaining any allowances from HM Revenue & Customs (HMRC) which may be available on the purchase of Capital Equipment.
- Funding is always an issue for such businesses, and we have excellent contacts with the banks for provision of finance to this sector.
- Many such businesses need advice on the best business structure for their continuing and expanding trade. We are able to assist in advising on the merits of being a sole trader, in a partnership, a limited liability partnership, or operating as a limited company.
Please give us a call to discuss this and the other issues affecting your business.