Get Ready , Get Set -Not Go On GCM Business – Competition Survey First

If you are thinking of starting private geriatric care management, a competition survey is critical to decide if you can make a profit in this business

 You are surveying who your competition is in the geographic area you want to serve. You are discovering if you can achieve market share in the area you choose to serve.

You want to create a survey that tracks the individual care manager’s in your services area, and find out what their hourly fee is, do they now include homecare, what geriatric care management services does each  GCM offer.

This will also tell you if the local market is too saturated for your new business to compete with the other care management agencies y. It will test whether you can make a profit- can you make money, pay your bills, actually go to the next step while doing good?