What You Need to Know About Starting up Your CNA Business
DYDTraining July 5, 2020| Posted By Admin
Setting up a certified nursing assistant (CNA) school is about one of the best businesses you can start right now. With an estimated 1.5 million jobs expected to open between 2018 to 2028 (an increase of 41%), it is safe to say demand in the industry has never been higher.
The CNA business industry, currently worth more than $100 billion, is growing at a much faster clip than the 9% average for all occupations. Considering this, it’s no surprise that the value of the industry is expected to hit $173 billion by 2026.
The Small Business Administration reports that 1 out of 5 startups fail in the first year, and only half of all startups cross the five-year mark. Even worse, only 1 out of 3 startups will live to see their ten-year anniversary.
What the statistics show is that it is not just enough to start your CNA School and hope for success. You must take deliberate steps to ensure that you not only start well but also do enough to ensure you have a business that will thrive.
How do you this? That’s what you’re going to learn right here.
Are there steps you can follow to start up your CNA business?
Definitely. Every state has specific requirements that prospective nurse aide business or school is expected to satisfy, before they can set up functioning programs. Apart from this, there are general business procedures and steps that you should ordinarily follow in setting up a CNA business.
To set up your nurse aide school, you would ordinarily have to:
These steps clearly show what you need to do in order to set up your nurse aid school or business. But despite this, many CNA businesses are set up every year, and a large number still end up failing.
Why do CNA businesses still fail?
This begs the question…
Why do CNA businesses still fail?
According to Forbes, startups, including CNA business startups, fail for five critical reasons. They didn’t work out because they solved no market need, failed to find capital, found the competition too fierce, priced their customers out or didn’t leverage enough experience with their startup team.
As the stats reeled out above show, CNA businesses hardly have any problems with finding a market. There’s more than enough demand. This also puts paid to the issue of competition since there’s plenty demand to go around at present. Funding provides a bit of a challenge, but not so much, since nurse aid programs don’t need all that much capital to set up.
The major problem for CNA businesses however, is the knowledge and experience gap. While the steps related above will set you well on the way to starting your nurse aid school, they hardly explain how to ensure your business is successful. You’ll hardly see any article that will explain all the minutiae of setting up and sustaining your own CNA business. Don’t think you can do without the details either, because the devil will almost always be hiding somewhere in there.
To access information at this granular level, you need much more than a few steps pulled off some 1,200-word internet page. What you need is a mentor and a one-stop-shop that will guide you through the process and coach you to success.
Learn how to set up a CNA business that will thrive
Thankfully, you don’t have to wander too far to find the coaching you need. DYD Training’s masterclass provides all the know-how you need to set up and sustain your CNA business, at the granular level. Leveraging on over 25 years of experience in the nursing industry, the masterclass incorporates hard won wisdom that will set you on the fast-track to success.
The focus, in developing this resource, was to ensure that CNA businesses no longer suffer from the knowledge gap that limits so many. The readily available resource can be accessed 24/7 and includes valuable information applicable to any situation in your school.
You can sign up and listen to a recorded webinar here 24/7 by opting in, after listening to a 30 seconds information video. In fact, webinar listeners, get a 30% discount on the masterclass.
So, take the guess work out of your startup process. Rely on tried and true information from industry experts to ensure your business bucks the trend and kicks on with a bang. Try it out here. If you want a 30% discount, go to the opt-in page here and sign up first and then it takes you to another page so you can register for the webinar.
© Copyrights by DYDTRaining. 2020 All Rights Reserved.