Three Good Reasons to Open a Home Care Franchise
Successful entrepreneurs share a lot of similar traits. One common trait is that they are always seeking new ways to capitalize on evolving trends. If you want to take advantage of one of today’s fastest growing trends, you should consider opening a home care franchise.
Owning a home care franchise can satisfy many of the requirements that entrepreneurs are looking for in terms of a great investment opportunity. While there are a host of reasons to open a home care franchise, here are three that could well convince any entrepreneur that it’s the right time get into the business.
Home Care Franchises are an Exploding Industry
We’re not just saying that because Visiting Angels®
is a top brand in the home care franchise industry. Research shows that recovery from illness, injury, and accidents is often more effective in a home environment and can reduce the rate of hospital readmissions. Close to family and friends, and in the familiar surroundings of home, individuals often have a faster recovery.
This is particularly true for the rising elderly population. Rather than opt for rehabilitation or nursing centers, seniors prefer to face their mobility challenges and chronic medical conditions in the comfort of their own homes. This is often called “aging in place.”
Some may need close monitoring while others just need help with housekeeping and routine errands. But the fact is, the market is huge. Home care is now a multi-billion-dollar industry. And statistics show that by 2030, 19% of the population will be at least age 65 or over. This is because the baby boomer generation is coming of age. According to the U.S. Census, individuals in the 65 to 69 age group represent the fastest growing segment of the population.
A Home Care Franchise Comes with Support
The beauty of a franchise operation is that you are not starting from scratch. From day one, you will have pre-established processes and procedures to assure a strong start. You’ll have a national marketing and advertising campaign in place to give your business instant name recognition in your community.
Also, because caregivers are not in the office but in clients’ homes, your office space needs are small. In the beginning, you’ll probably be able to get away with only minimal office help, and as you grow you’ll be able to expand your support team to help you manage the day to day essentials of your business.
A Home Care Franchise is a Business with Heart
Rare is the business that offers you the chance to make a good living while at the same time helping others in a time of need. When you open a home care franchise, you will be doing just that! Every client of yours needs some sort of assistance, and every time you serve them you will know that you have done something worthwhile. You will finish your workday with a feeling of satisfaction and fulfillment. If you have a sense of responsibility for those in your community and a passion for helping others, then owning a home care franchise is perfect for you.
Let Visiting Angels give you more reasons to open a home care franchise! Call us now at 800-365-4189 or request information online.