Whilst the grading of care homes by the Care Inspectorate enables the best private sector operators to attract service users willing to pay for a service superior to that available in the public sector, amongst the various issues affecting the care home sector are: lending restraints; the challenges in recruiting and retaining qualified and trained staff, business succession and trends towards domiciliary care.
There are a number of highly geared operators in this sector, which makes cashflow an issue and, as care homes are staff intensive, changes in pension legislation will inevitably result in rising costs for operators.
FD Healthcare works closely with clients to provide a partner-led service that addresses these and other issues head-on. We work as a team to deliver a range of service lines, from tax advice to corporate finance, audit and business services advice.
We actively network with other professionals operating within the sector and attend regular forums to keep ourselves up to date with all the latest developments impacting on this market.
Our services include:
- preparation of financial budgets
- strategic planning
- business acquisitions and disposals
- capital allowance reviews
- audit and accountancy compliance
- tax compliance
- tax planning, corporate and personal
- business valuations
- book-keeping and payroll benchmarking
We care about the health of your business.