Alpha Home Health Care | Application Preview
Alpha Home Health Care is seeking government grants to support its vital services for homebound individuals in Lake County, Indiana. As a woman-owned business of Filipino descent, Alpha Home Health Care aims to enhance its working capital to manage the challenges posed by lengthy receivable collection periods, especially while servicing an existing SBA loan.
The business strategy focuses on delivering exceptional health care to earn patient approval, which helps build a strong brand and reputation, particularly among doctors who can provide essential referrals. Maintaining employee satisfaction is key to this plan, as happy staff tend to improve patient care and satisfaction.
Grant funding is crucial as Alpha Home Health Care serves a significant unmet need in the community, ensuring that individuals receive the health care necessary for recovery and productivity. The company emphasizes its commitment to quality care over competing with others, believing the demand for their services in the area is substantial enough that their focus on quality will set them apart.
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General Information
Business Registration Number: 38-3761202
Location: Hyland, IN, United States
Length of Operation: 1-5
Number of Employees: 26-50 Employees
Annual Gross Income: $500k to $1M
Annual Gross Expense: $500k to $1M
Open to Loans: NO
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Funding Usage
We would like to get a much funding through grants as possible. We already have a SBA loan that we are servicing. Our business is owned by a sole woman of Phillipino decent. We provide a vital service for the under served home bound sick in the Lake County Indiana area. Any funding will go to support our working capital needs. It is very difficult to grow the business when the lead/lag in receivable collection is so long.
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Business Plan
The way we plan on growing the business is to provide excellent health care to our patients garnering their approval which builds the brand and more importantly our reputation in the Doctor/Medical community. We are very dependent on doctor referrals and that means provideing a good service. We can solicit more referrals by meeting our payrolls and keeping our employees happy and they thier patients. We provide a imporatnt service to the under served community in the Lake County Indiana region. Our patients would otherwise potentially lack the adquate health care to recover from their afflictions and be productive citizens in their towns and neighborhoods.
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Self Identified Competition
Frankly, We are not that focused on our competitors. There is enough patient need in our area that requires quality service which we provide. We provide quality care to the under served and (in many cases) needy citizens of the Lake Cunty Indiana region.
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