The nursing and residential care home sector has seen both a rapid expansion and a limited decline over recent years. On the one hand people's life expectancy has increased, but on the other hand difficulties with funding and charging levels have also made an impact. In addition, legislative changes are putting more pressure on the owner/managers of the business.
We have considerable experience in helping businesses in this sector, and we understand the issues facing the managers of such firms.
- We can help you through the provision of support activities, such as bookkeeping and payroll, to enable you to concentrate on running the business
- We also have experience in obtaining from HM Revenue & Customs (HMRC) any allowances 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 the provision of finance to this sector
- Many such firms 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, limited liability partnership, or limited company.
Please give us a call to discuss this and the other issues affecting your business.