Senior Helpers began franchising in 2005. Senior Helpers is an in-home care service that is designed to give clients as much or as little help as they require so that they may enjoy living independently at home. Senior Helpers offers flexible and non-contractual services.
The Company provides the following services: assisting clients with everything from companionship to bathing to Alzheimer’s and dementia care. Senior Helpers services include an in-home assessment to assist in the determination of the type and level of care needed. Our services are available anytime, including days, nights, weekends, and holidays for either long or short-term duration. Our future plans include developing a new Senior Helpers Facility at 7632 Hull Street Road, Chesterfield, Virginia 23832 by the end of 2012.
The greatest risks associated with our business today are competition and employee turnover. We feel we can overcome these risks because of our franchise support. Our biggest recognized opportunities include offering many different services and having flexible, non-contractual services.
The management team is led by Chief Executive Officer/Executive Director Dr. Louis Bradford who will join The Senior Helpers upon final construction in 2012. Dr. Bradford is currently serving as the Chief Medical Officer at Johns Hopkins in Baltimore, Maryland, specializing in elder care.
The Chief Financial Officer is Casey Banks. Mr. Banks received his MBA from the College of William and Mary in Williamsburg, VA and will come to us from teaching CPA courses at Virginia Commonwealth University in Richmond, Virginia.
The Clinical Director is Samantha Davis, LNP, joining us from The Longhorn Rehabilitation Center in Denton, Texas. She received her Masters of Nursing degree from Tuscan University. Ms. Davis brings over 15 years of clinical nursing experience to our facility.
The Program Director of the Residential Treatment Program is Jacob Connors. He is working on obtaining his MBA from The Keller Graduate School of Business.
(PM NOTE: I believe that the Executive Summary is detailed enough and written clearly so that investors will be willing to offer the capital needed to start the Senior Helpers business. The staffing solutions offer a blend of experience and knowledge to help ensure success.)
Capital Requirements
We are seeking $620,000 which will enable us to purchase 2.45 acres of prime real estate and construct a 1970 square foot facility. The duration of this project is anticipated to be ten months.
7632 Hull Street Road
7632 Hull Street Road, Chesterfield, VA 23832
• Price:
$300,000
• Lot Size:
2.45 AC
• Property Type:
Land
• Property Sub-type:
Office (land)
(PM NOTE: The land is sufficient to construct the Senior Helpers facility that is being proposed. It is located in a convenient area that will benefit the organization’s success.)
Project Description
Our project of constructing and opening a Senior Helpers facility will provide a great service to the community. In 2010, skilled nursing facilities accounted for the largest share of elder care service revenues. The fastest growth is expected in the home health care segment where gains will be driven by the growing number of older adults who choose to have nursing care brought to them, as well as the increasing uses of home and community-based Medicaid waiver to pay for care away from more expensive institutional settings.
WBS
Senior Helpers Franchise
1.1 Purchase Land 1.2 Purchase Senior Helpers Franchise
1.1.1 Hire architect 1.2.1Hire staff
1.1.2Approve Blue Prints 1.2.2Receive training
1.1.3Escavate land
1.1.4Pour concrete
1.1.5Build structure
1.1.5.1HVAC/Plumbing
1.1.5.2Carpeting
1.1.5.3Light Fixtures
1.1.6 Interior Design
1.1.6.1Artwork
1.1.6.2Window dressings
2.1Purchase Medical Equipment 2.2Purchase Cleaning supplies 2.3 Purchase Office Equipment
2.1.1Stethoscopes 2.2.1Bleach 2.3.1 Furniture
2.1.2Thermometers 2.2.2Disinfectant 2.3.2 Computers
2.1.3Blood pressure gauges 2.2.3Rubber gloves 2.3.3 Software
2.1.4Heart monitors 2.3.4 Phones
2.1.5Surgical gloves 2.3.5 miscellaneous office supplies
2.1.6Hand sanitizer
3.1 Signage 3.2Install Security System 3.3 Landscaping
3.1.1 Design signage 3.2.1 Get quotes 3.3.1Interview landscaping companies
3.1.2 Hire company to create signage 3.2.1.1 Sign Contract 3.3.1.1 Hire landscaping company
3.1.3 Install signage
(PM NOTE: The WBS is sufficient and detailed enough to break down necessary tasks into proper work packages needed to successfully construct the Senior Helpers facility.)
Cost Estimate
|Capital Cost Estimates | |
|Land |300,000.00 |
|Building |150,000.00 |
|Franchise Fee |98,000.00 |
|Medical Equipment |3,500.00 |
|Interior Design |2,000.00 |
|Office Equipment |5,000.00 |
|Cleaning Supplies |300.00 |
|Landscaping |500.00 |
|Signage |1,000.00 |
|Security System |250.00 |
|HVAC/Plumbing |2,500.00 |
|Architect |4,000.00 |
|Labor Costs | 50,000.00 |
| |617,050.00 |
(PM NOTE: I have reviewed the Cost Estimate and believe it to be an accurate snapshot of the costs involved in the construction of the facility as well as purchasing the franchise.)
Advanced Cost Estimating Technique
Three-Point Estimate
Most Likely Cost: 617,050.00
Optimistic Cost: 615,000.00
Pessimistic Cost: 625,000.00
Pexp = 615,000.00 + (4 x 617,050.00) + 625,000.00 / 6
= 615,000.00 + 2,458,200.00 + 625,000.00 / 6
Pexp = $616,366.67
The above Three-Point Estimate gives me confidence that my budget of $617,050.00 will be enough to complete the project without overruns. The Three-Point Estimate is $683.33 less than my projected costs, which is not a lot of difference. It does show me however that it will be very important to stay on schedule and within budget to avoid going over the most likely cost.
(PM Note: Using the Three-Point Estimate is a good way to determine if the cost estimate is on target. While this budget will be a little tight with not much room for overruns, I believe it to be workable.)
Cost Assumptions
The schedules, estimates, and costs herein are based on the assumptions identified below. If any of these assumptions are incorrect, then JBJ Projects for You reserves the right to re-estimate both the schedule and the cost for this project.
The weather will not interfere with construction
The closing on the land happens as scheduled so that excavation can begin
The parties responsible for sub-contracted efforts are available to complete work as promised
The labor for this project does not account for any overtime
(PM NOTE: The Cost Assumptions give a good overview of possibilities not included in the Cost Estimate.)
Financial Analysis
|Projected Income | | | |
|Rate Per Shift* |$240.00 |$250.00 |$260.00 |
|# of Employees |10 |25 |10 |
|Income |$2,400.00 |$6,250.00 |$2,600.00 |
|Billable # of shifts per week |30 |10 |15 |
| |$72,000.00 |$62,500.00 |$39,000.00 |
|TOTAL WEEKLY INCOME |$72,000.00 |$62,500.00 |$39,000.00 |
| |4 | 4 | 4 |
|TOTAL MONTHLY INCOME |$288,000.00 | $250,000.00 |$156,000.00 |
| |12 | 12 | |
|TOTAL PROJECTED INCOME PER LEVEL OF CARE |$3,456,000.00 | $3,000,000.00 |$1,872,000.00 |
|TOTAL PROJECTED INCOME FOR THE FIRST YEAR |$8,328,000.00 | | |
|*Level of care given determines rate. | | | |
(PM NOTE: The Financial Analysis provides an encouraging look at the projects future income expectations.)
Schedule
Task Mode Task Name Duration Start Finish Predecessors Resource Names
Manually Scheduled Purchase Land 25 days Mon 10/3/11 Fri 11/4/11 Jill Bussard
Manually Scheduled Hire Architect 5 days Wed 10/5/11 Tue 10/11/11 Darrell Bussard
Manually Scheduled Approve Blueprints 1 day Wed 10/12/11 Wed 10/12/11 2 Darrell Bussard
Manually Scheduled Purchase Franchise 7 days Fri 9/23/11 Mon 10/3/11 Darrell and Jill Bussard
Manually Scheduled Hire Staff 45 days Mon 11/14/11 Fri 1/13/12 Samantha Davis
Manually Scheduled Train Staff 14 days Mon 11/28/11 Thu 12/15/11 Samantha Davis
Manually Scheduled Excavate Land 7 days Mon 10/31/11 Tue 11/8/11 A1 Excavators
Manually Scheduled Pour Concrete 8 days Wed 11/9/11 Fri 11/18/11 7 River City Concrete
Manually Scheduled Erect building 24 days Thu 11/17/11 Tue 12/20/11 Bob’s Builders
Manually Scheduled HVAC/Plumbing 2 days Tue 12/20/11 Wed 12/21/11 Speaks HVAC
Manually Scheduled Purchase office furniture 3 days Mon 12/26/11 Wed 12/28/11 Casey Banks
Manually Scheduled Chairs 1 day Mon 12/26/11 Mon 12/26/11 Casey Banks
Manually Scheduled Desks 1 day Mon 12/26/11 Mon 12/26/11 Casey Banks
Manually Scheduled Conference Room Table3 days Mon 12/26/11 Wed 12/28/11 Casey Banks
Manually Scheduled Purchase office equipment4 days Mon 1/2/12 Thu 1/5/12 Jill Bussard
Manually Scheduled Phones 1 day Wed 1/4/12 Wed 1/4/12 Darrell Bussard
Manually Scheduled Miscellaneous Office Supplies 1 day Thu 1/5/12 Thu 1/5/12 Jill Bussard
Manually Scheduled Computers 6 days Mon 1/2/12 Mon 1/9/12 Darrell Bussard
Manually Scheduled Software 1 day Mon 1/2/12 Mon 1/2/12 Darrell and Jill’ Bussard
Manually Scheduled Fax Machine 1 day Tue 1/3/12 Tue 1/3/12 Darell Bussard
Manually Scheduled Interior Design 5 days Mon 1/9/12 Fri 1/13/12 First Choice Decorating
Manually Scheduled Carpeting 2 days Tue 11/15/11 Wed 11/16/11 First Choice Decorating
Manually Scheduled Light fixtures 1 day Fri 11/18/11 Fri 11/18/11 First Choice Decorating
Manually Scheduled Purchase medical equipment4 days Mon 11/28/11 Thu 12/1/11 Louis
Bradford
Manually Scheduled Purchase cleaning supplies1 day Mon 1/9/12 Mon 1/9/12 Samantha Davis
Manually Scheduled Signage 14 days Mon 12/12/11 Thu 12/29/11 Darrell and Jill Bussard
Manually Scheduled Install Security System1 day Mon 1/9/12 Mon 1/9/12 ADT
Manually Scheduled Landscaping 5 days Mon 1/2/12 Fri 1/6/12 Green Thumb Landscaping
(PM NOTES: The Schedule provides us with a clear picture as to the length of time each task will take, along with who is responsible for each task, and lists the predecessors involved in the work flow.)
NPV
Interest Rate = 6%
CF year 1 = 310,000
CF year 2 = 280,000
CF year 3 = 240,000
Initial Cost = 620,000
PW = (620,000) + (310,000(P/F,6%,1) + (280,000(P/F, 6%, 2) + 240,000 (P/F, 6%, 3)) =
PW = (620,000) + 310,000(0.9434) + 280,000(0.8900) + 240,000 (0.8396)
PW = (620,000) + 292,454 + 249,200 + 201,504
PW = 460,757
(PM NOTE: The NPV offers a thorough look at the PW of the Senior Helpers franchise.)
Works Cited:
1. http://www.entrepreneur.com/franchises/seniorhelpers/321615-0.html
Extracted 08/30/2011
2. http://www.loopnet.com/Listing/15601579/7632-Hull-Street-Road-Chesterfield-VA
Extracted 08/30/2011
3. http://www.seniorhelpers.com/
Extracted 08/30/2011
Get Professional Assignment Help Cheaply
Are you busy and do not have time to handle your assignment? Are you scared that your paper will not make the grade? Do you have responsibilities that may hinder you from turning in your assignment on time? Are you tired and can barely handle your assignment? Are your grades inconsistent?
Whichever your reason is, it is valid! You can get professional academic help from our service at affordable rates. We have a team of professional academic writers who can handle all your assignments.
Why Choose Our Academic Writing Service?
- Plagiarism free papers
- Timely delivery
- Any deadline
- Skilled, Experienced Native English Writers
- Subject-relevant academic writer
- Adherence to paper instructions
- Ability to tackle bulk assignments
- Reasonable prices
- 24/7 Customer Support
- Get superb grades consistently
Online Academic Help With Different Subjects
Literature
Students barely have time to read. We got you! Have your literature essay or book review written without having the hassle of reading the book. You can get your literature paper custom-written for you by our literature specialists.
Finance
Do you struggle with finance? No need to torture yourself if finance is not your cup of tea. You can order your finance paper from our academic writing service and get 100% original work from competent finance experts.
Computer science
Computer science is a tough subject. Fortunately, our computer science experts are up to the match. No need to stress and have sleepless nights. Our academic writers will tackle all your computer science assignments and deliver them on time. Let us handle all your python, java, ruby, JavaScript, php , C+ assignments!
Psychology
While psychology may be an interesting subject, you may lack sufficient time to handle your assignments. Don’t despair; by using our academic writing service, you can be assured of perfect grades. Moreover, your grades will be consistent.
Engineering
Engineering is quite a demanding subject. Students face a lot of pressure and barely have enough time to do what they love to do. Our academic writing service got you covered! Our engineering specialists follow the paper instructions and ensure timely delivery of the paper.
Nursing
In the nursing course, you may have difficulties with literature reviews, annotated bibliographies, critical essays, and other assignments. Our nursing assignment writers will offer you professional nursing paper help at low prices.
Sociology
Truth be told, sociology papers can be quite exhausting. Our academic writing service relieves you of fatigue, pressure, and stress. You can relax and have peace of mind as our academic writers handle your sociology assignment.
Business
We take pride in having some of the best business writers in the industry. Our business writers have a lot of experience in the field. They are reliable, and you can be assured of a high-grade paper. They are able to handle business papers of any subject, length, deadline, and difficulty!
Statistics
We boast of having some of the most experienced statistics experts in the industry. Our statistics experts have diverse skills, expertise, and knowledge to handle any kind of assignment. They have access to all kinds of software to get your assignment done.
Law
Writing a law essay may prove to be an insurmountable obstacle, especially when you need to know the peculiarities of the legislative framework. Take advantage of our top-notch law specialists and get superb grades and 100% satisfaction.
What discipline/subjects do you deal in?
We have highlighted some of the most popular subjects we handle above. Those are just a tip of the iceberg. We deal in all academic disciplines since our writers are as diverse. They have been drawn from across all disciplines, and orders are assigned to those writers believed to be the best in the field. In a nutshell, there is no task we cannot handle; all you need to do is place your order with us. As long as your instructions are clear, just trust we shall deliver irrespective of the discipline.
Are your writers competent enough to handle my paper?
Our essay writers are graduates with bachelor's, masters, Ph.D., and doctorate degrees in various subjects. The minimum requirement to be an essay writer with our essay writing service is to have a college degree. All our academic writers have a minimum of two years of academic writing. We have a stringent recruitment process to ensure that we get only the most competent essay writers in the industry. We also ensure that the writers are handsomely compensated for their value. The majority of our writers are native English speakers. As such, the fluency of language and grammar is impeccable.
What if I don’t like the paper?
There is a very low likelihood that you won’t like the paper.
Reasons being:
- When assigning your order, we match the paper’s discipline with the writer’s field/specialization. Since all our writers are graduates, we match the paper’s subject with the field the writer studied. For instance, if it’s a nursing paper, only a nursing graduate and writer will handle it. Furthermore, all our writers have academic writing experience and top-notch research skills.
- We have a quality assurance that reviews the paper before it gets to you. As such, we ensure that you get a paper that meets the required standard and will most definitely make the grade.
In the event that you don’t like your paper:
- The writer will revise the paper up to your pleasing. You have unlimited revisions. You simply need to highlight what specifically you don’t like about the paper, and the writer will make the amendments. The paper will be revised until you are satisfied. Revisions are free of charge
- We will have a different writer write the paper from scratch.
- Last resort, if the above does not work, we will refund your money.
Will the professor find out I didn’t write the paper myself?
Not at all. All papers are written from scratch. There is no way your tutor or instructor will realize that you did not write the paper yourself. In fact, we recommend using our assignment help services for consistent results.
What if the paper is plagiarized?
We check all papers for plagiarism before we submit them. We use powerful plagiarism checking software such as SafeAssign, LopesWrite, and Turnitin. We also upload the plagiarism report so that you can review it. We understand that plagiarism is academic suicide. We would not take the risk of submitting plagiarized work and jeopardize your academic journey. Furthermore, we do not sell or use prewritten papers, and each paper is written from scratch.
When will I get my paper?
You determine when you get the paper by setting the deadline when placing the order. All papers are delivered within the deadline. We are well aware that we operate in a time-sensitive industry. As such, we have laid out strategies to ensure that the client receives the paper on time and they never miss the deadline. We understand that papers that are submitted late have some points deducted. We do not want you to miss any points due to late submission. We work on beating deadlines by huge margins in order to ensure that you have ample time to review the paper before you submit it.
Will anyone find out that I used your services?
We have a privacy and confidentiality policy that guides our work. We NEVER share any customer information with third parties. Noone will ever know that you used our assignment help services. It’s only between you and us. We are bound by our policies to protect the customer’s identity and information. All your information, such as your names, phone number, email, order information, and so on, are protected. We have robust security systems that ensure that your data is protected. Hacking our systems is close to impossible, and it has never happened.
How our Assignment Help Service Works
1. Place an order
You fill all the paper instructions in the order form. Make sure you include all the helpful materials so that our academic writers can deliver the perfect paper. It will also help to eliminate unnecessary revisions.
2. Pay for the order
Proceed to pay for the paper so that it can be assigned to one of our expert academic writers. The paper subject is matched with the writer’s area of specialization.
3. Track the progress
You communicate with the writer and know about the progress of the paper. The client can ask the writer for drafts of the paper. The client can upload extra material and include additional instructions from the lecturer. Receive a paper.
4. Download the paper
The paper is sent to your email and uploaded to your personal account. You also get a plagiarism report attached to your paper.
PLACE THIS ORDER OR A SIMILAR ORDER WITH US TODAY AND GET A PERFECT SCORE!!!
