7.30am – 9.30am Friday February 23rd 2018
CHAPEL EN LE FRITH GOLF CLUB, Manchester Road, CELF SK23 9UH:
“The Granny Crisis, and How To Solve It: A Business View.” With Ivan White of Kingswood Services.
We face rapidly rising numbers of old people, many of whom will need care. Yet this is a golden business opportunity, which can be done ethically and well despite rising costs and expectations. Derbyshire businessman Ivan White took over two care homes in Darley Dale, Matlock, Ivonbrook and Darley Hall last year which were due to be closed by the CQC, and is making a success of them. So what are the pitfalls?
Care homes were in the news again just before Christmas, as the Four Seasons chain with over 300 homes lurched close to bankruptcy. Only an 11th hour reprieve by its creditors allowed it to continue providing homes to 17,000 elderly residents – and jobs to the thousands looking after them. Meanwhile winter pressure on the NHS could be eased, we are told, if social care were more readily available, and that includes nursing and residential care.
We haven’t forgotten the misery facing an even larger group of vulnerable people – 33,000 of them – in July 2011 when Southern Cross went into liquidation. The causes then were familiar – excessive borrowing, over-ambitious expansion – Carillion please note.
“Care funding will be a major financial issue in 2018,” says the Telegraph Money section with some understatement (16.12.17). Increases in the minimum wage feed directly into costs in this sector. Around 400,000 people live in residential homes across Britain. Nobody knows exactly how many are paying for themselves entirely (“self-funded”) but it’s less than half. Councils pick up some or all of the tab for the remaining 265,000 residents and patients, whose remaining assets are valued at less than £23,000.The government sought to change these parameters in the last election manifesto, but has treated its loss of seats as a “No.”
Councils are unrealistic and sometimes bizarre in their approach. Some including Oxfordshire will fund on average barely half the average fees charged by homes in their area. You can’t help feeling that it’s the home proprietors who are being sensible, and not the councils. Then you find that the councils break their own official “caps” (Oxfordshire does in 94% of cases). There’s some kidology going on here.
Plenty to discuss; and it’s not just your granny you should be thinking about. It’s you. How will you fund your own care, when the time comes – and how will you find a good place to do it?
Come and hear Ivan White, put your questions to him.
Coffee, pastries, juice from 7.30am, speaker 8 – 9am with questions, then more coffee and bacon baps till 9.30am. Anyone in business is welcome; we get great networking, so it’s a superb opportunity to bring along favoured clients, trainees, or colleagues.
Anyone in business is welcome. Let me know if you’re coming, please.
These tickets are likely to sell out fast, so don’t delay !!!
Please pay by cheque to HPBC to 28 Whaley Lane, Whaley Bridge, SK23 7BA.
Or by BACS: sort code 77 67 10, a/c no 14918668 Name: High Peak Business Club.
Please include your business name as the reference.
Click here to secure a seat and pay by BACS: Please mention your business name and Order ID as the reference.
FUTURE DATES for your diary...
Friday March 16th 2018 “Fantastic Fireworks!!” With MD Jon Culverhouse, who has twice won the British Fireworks Championships. You don’t think of fireworks as a business, do you? But they are big players. They’re in entertainments, sports, spectaculars of all kinds, handling some of the most dangerous materials you can imagine. And they did a FABULOUS display on New Year’s Eve in Whaley Bridge.
Friday April 13th 2018: “ITV: Are You Watching?” with John Whiston, MD of Continuing Drama and Head of ITV Studios in the North. As Netflix, Amazon and others streaming pay shows, you’d think ITV would have vanished long ago. But it’s still soaring, as the success of shows like I’m A Celebrity.. demonstrate. How do they do it?
Friday May 18th: “Locking it Up With Timpson!” with a speaker (name tbc) from Timpson, locksmiths and cobblers to the nation – an ethical business with a tough commercial approach.
Dates and details to come:
June 14th 2018: second Charity Golf Day at Chapel Golf Club, organised by Freedom Financial Planning. Start putting your team together now!
July 2018: High Peak Business Club will sponsor an evening event for the Buxton Book Festival in the newly-restored Pump Room, with a business speaker. We are in negotiation now!