Sunday, December 11, 2011

With 2 acres at Trichirappalli I need investors for starting old age home. Are there any to join?

Your idea is very good, however before you jump into this please check with lawyers and tax consultants on how this should be structured, as in a trust or cooperative etc. This is very important to build a firm legal and financial foundation. Do you intend to run this as a pure Charity organisation for the aged destitute or are you going to charge some sort of fees?' Also what kind of construction are you looking at. Old people have different requirements where safety is a big issue. Things like toilets, living quarters and bathrooms need to have safety features to prevent accidents and fracture of bones as well as spaces large enough to use wheel chairs. Will you provide basic health and nursing care?

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