Care Home Sector

Taking care of your financial needs

AGS provides business support and accountancy services that help you to focus on running your care home.

The combination of an older population and reforms to the way in which care homes are funded has placed unprecedented pressures upon the care home sector. This not only poses new challenges to your business but new opportunities too.

Whether you are an individual care home, a corporate group or a not-for-profit organisation, we can provide you with business support and accountancy services that will see your business in excellent financial health.

How can AGS help my care home?

The financial side of any business is often the cause of a perpetual headache and the care home sector is no different.

Our experience within the sector covers Nursing, Residential and Learning Difficulties with homes of various sizes, ranging from small homes (20 bed) to large (100 bed). Our wealth of experience within the sector enables us to provide our operators with “benchmark” information on how their home is performing compared to the market. Such powerful information (which only a sector specialist will possess) enables the operator to make informed decisions on how to shape their business for the future, whether this be reducing expenditure through cost-cutting measures while ensuring you remain fully compliant with the respective governing bodies.

Our business support service provides operators with Mock CQC inspections, which we encourage as part of “best practice”. This enables operators to not only take corrective action against areas where the desired standard has fallen short (prior to an official visit), but also, helps us collectively implement a corrective action plan to address these concerns. Such quality control measures enables our clients to operate at the highest level and differentiate themselves from their competitors.

We can also ease you through the often impenetrable red tape that comes from running a care home. We will help you to be equipped with day to day techniques and broader business development issues, which can give you a solid foundation to move forward in the right direction.

Our team of financial specialists offers you a full range of business support and accounting services, including:

• Bookkeeping and payroll
• Raising funds for expansion
• Mock CQC Inspections
• Correction action plans following CQC inspections
• Accounts and audit
• Tax compliance and planning
• Corporate finance
• Acquisitions and disposal
• Succession planning
• Budgeting
• Business plans
• Business restructuring
• Cash flow forecasting
• Financial due diligence
• Practice and personal tax planning and compliance
• Raising finance.

We can also advise in areas such as mergers and acquisitions and divest your care home business.

Place the financial burdens of your care home in the hands of the experts, contact AGS today.