With the UK's population steadily growing older - by 2025, it is estimated that more than a third of people in the UK will be aged over 55 - care homes are likely to be a growth area now and in the future. That's why care home businesses need to work with accountants experienced in this field, like HB&O Chartered Accountants and Financial Advisers in Leamington Spa, Coventry and Warwickshire.
The likely expansion in the care home sector brings new opportunities and challenges for businesses that already have to deal with many issues unique to this specialist field.
Running a care home is a full-time job in itself, particularly when it involves dealing with the demands of ever-changing regulations designed to maintain the high quality of your services.
HB&O's experienced care home team can provide all the business support services you need and help your in-house systems to run more effectively, including accounts, bookkeeping, payroll and VAT.
We can also work with you to source finance for expansion, identify new business opportunities, increase profitability, minimise tax liabilities and build the value of your investment. We can also assist with acquisitions, mergers and disposals and retirement planning.
Whether you are involved in care homes as a family or owner-managed business, an SME, a corporate group or charity or not-for-profit organisation, we can help.