Are you losing new resident bookings after viewings?

When did you last step back and take a serious look at your care home? Have you been too busy being 'in' your business and not done any work 'on' your business?

With the Local Authorities having their new budgets this month, care plans are being funded, blocked hospital wards are being cleared and relatives are viewing homes.

Maybe it's time for a refurbishment or putting in that new conservatory you've been thinking about?

Make sure you're following up relatives who have viewed your home within a few days and, if they aren't choosing yours, ask why.

If competition in your area is increasing and other homes are offering better facilities, you need to ensure you are attracting residents to your home and with record low mortgage rates being offered, now is the time to invest in your care home business.

If you could do with some expert financial advice, please get in touch, we're here to help.

Have you carried out a 'Brexit Impact' survey on your care home business yet?

Recent research gives an indication of an increase in unfilled UK employment posts as declining numbers of EU nationals arrive in the UK following the Leave result of last July's referendum.

It has also found that employers plan to retain a greater number 'older' workers and take on more apprentices as a response to reduced labour availability.

According to a reliable study, conducted by the CIPD and the Adecco Group, approximately 27 per cent of employers have seen evidence which indicates that EU nationals in their organisations are considering leaving their employer, or the UK entirely, during 2017.

This will inevitably create significant recruitment challenges in the care and health professional sectors which have traditionally relied on non-UK labour to fill roles, and which are particularly at threat of the prospect of future changes to EU immigration policy.

It's recommended that employers should collect data about their workforce and review the likely impact on training to avoid an acute skills shortage and placing too much pressure on the remaining workforce.

Don't leave things to chance and ensure you prepare your care home business for the Brexit impact.

If you need to invest in a recruitment plan and training strategy for your care home business, now is the time.

Brent King has years of experience advising care home owners in how to invest wisely in their business and ensure their business plan adapts to the changing demands of the economy and workforce.