Module 16
This module focuses on strategies for expanding services and scaling your home care agency. It emphasizes the importance of starting small, perfecting your niche, and then expanding based on client needs and market demands. Before launching new services, conducting a cost-benefit analysis is crucial to ensure profitability.
The module also covers the significance of having a solid foundation, including well-documented processes and understanding key performance indicators (KPIs) to make informed decisions. Long-term growth strategies include building strategic partnerships, hiring a business development team, and considering mergers or acquisitions for more aggressive expansion.
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