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The senior care franchise industry is one of the hottest business opportunities today. Best of all, the industry is poised for continued growth.
At-home care is also widely recognized as a recession-resistant and pandemic-resistant model. Due to the continued aging of the population, the demand for at-home care is expected to continue regardless of economic forecasts. As a franchise owner of the franchise I’m describing in this article, you’ll be able to help seniors realize their desire to “age in place.” Staying at home is desired over moving into a facility.
Since 1996, more than 25,000 families across the United States have trusted this senior care franchise for compassionate home care services. Longevity in the industry shows the service continues to perform well.
With the rapidly aging population, investing in a senior care franchise allows you to capitalize on these trends:
13% of the population are 65 or older.
Approximately 81.2 million people, or 20% of the population, will be 65 or older by 2040.
The number of adults aged 85+ is forecast to increase by nearly 150% to 14.2 million by 2040.
About 80% of seniors have at least one chronic health condition; 50% have at least two.
The baby boom generation could fuel a 75 percent increase in the number of Americans ages 65 and older requiring nursing home care
Demand for elder care will be fueled by a steep rise in the number of Americans living with Alzheimer's disease, which could nearly triple by 2050
By 2060 the 65-and-older age group's share of the total population is projected to rise to nearly 24 percent.
This franchise is known for providing superior quality non-medical and skilled home care for senior citizens, disabled adults, and others. Franchise owners are proud to play an important role in preserving the independence and dignity of clients who are receiving ongoing assistance at home.
This business model gives senior care franchise owners the promise of marketplace longevity, the certainty of increasing revenues, and the benefit of an entrepreneurial lifestyle that supports work/life balance. The in-home care, assisted living, community caregiver referral services, and skilled home health care services are highly regarded and thoroughly trusted by families.
Entrepreneur Magazine has named this franchise one of the fastest growing senior care franchise systems in the United States. It all starts with how they train and support their franchisees. They pass along the passion for helping others to each and every new franchisee by helping them launch their chosen territory with a strong competitive advantage.
This model does everything possible to help achieve your dream including:
Low initial investment
Exclusive and protected territory
Broadly recognized brand name and respected corporate image
Expert guidance in obtaining required licenses in your state
Access to ongoing lead generation activities
Daily, weekly, and monthly webinars on subjects that span the range of your operations
Continual specialized training for your staff
Local, regional, and national meetings to discuss and define best practices
Leadership conferences focusing on educational opportunities and networking with other franchise owners
Access to turnkey technology and proprietary operations applications
Award-winning national marketing and advertising campaigns
Opening a senior care franchise brings many entrepreneurs exceptional personal and professional satisfaction. Are you ready to have the opportunity to have a positive impact on the lives of families throughout your local community?
Finding the Right Place is Key
The number of seniors in the United States is growing faster than other segments of the population. With this growth, comes a massive need for compassionate, high-quality living options.
Every day, millions of seniors and their families begin looking for housing options just right for them. There are 10,000 Baby Boomers turning 65 years old every day. Some people need additional care due to memory loss or physical restrictions, or they want to live in a community with others in the same phase of life. The stressor for seniors and their families often is not knowing exactly where to start with their search.
A franchise is available that offers a guide for seniors and their families to help them navigate the choices and find the right one for their lifestyle, budget, preferences, and care needs. This opportunity is recession and pandemic resistant as the population continues to age. The heart of the franchise are people who genuinely care about making a difference in the lives of their clients. Franchisees have access to proprietary software that provides personalized service and excellent results to each senior and family. The business model allows the franchisee to offer clients referral services for free to further ease the stress during this significant change in life. They provide information on assisted living, independent living, memory care, retirement communities, residential care homes, skilled nursing homes, respite services, and hospice care. They also offer resources to help with everything from preparing for the upcoming transition, local moving services, legal matters, elder law, wellness and nutrition, senior transportation, information on Medicaid and Medicare, and more.
Franchisees take advantage of a proven and established business model designed to benefit all parties involved. Seniors and their families will receive expert services completely free of charge, and franchisees will be reimbursed by the housing communities that clients eventually end up choosing in return for representing them to potential new residents.
This franchise is a nationally recognized, well-respected brand with offices throughout the country. As more and more Americans find themselves in need of senior housing options, the demand for services will continue to grow. This model allows you to run your own business, enhancing seniors' lives, supported by the training and resources of a strong corporate team. You will be investing in your future while helping seniors plan for theirs. With a low start-up cost, low overhead, no employees, and no office requirements, this is an opportunity to explore.
About the Author
John has over 30 years of leading domestic and international businesses in the US and overseas, extensive experience operating multi location businesses globally. He joined The Franchise Consulting Company to continue helping people realize their dream of owning their own business. Contact John at 770-516-2184 or at john@johnovensfranchisespecialist.com.