Models Finances The financial potential of intergenerational programs.
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Transcript of Models Finances The financial potential of intergenerational programs.
Models & Finances The financial potential of intergenerational programs Overview Why its important Examples Financial benefits One (1) chart! 5 takeaway points Why its important Age segregation costs, funding Sustainability Examples Aged care facility / childcare early learning E.g. KITE, OneCare, Strathern Scone Aged care facility / retirement village / after & before school care E.g. Blue Hills Vic Aged care / retirement village / disability / commercial & retail E.g. Box Hill Vic Aged care / retirement village / tertiary education / research / commercial & retail E.g. Western Sydney How they Differ Multi - service Multi - delivery Multi - ownership Net Profit $350 Profit Centre 1 $100 Profit Centre 2 $50 Profit Centre 3 $200 Financial Benefits Economies of scale Cross subsidisation Alternative income streams Additional funding Higher sales rates occupancy staff turnover Volunteer labour Fixed Cost $100 Entity 1 $50 Entity 2 $30 Entity 3 $20 One Chart 5 takeaway points 1) Start early 2) Develop partnerships 3) Establish a business case 4) Beware possible downside 5) New normal premierconsulting.com.au