5 Reasons to Open a Living Assistance Franchise
If you’re considering a living assistance franchise, you’re probably already aware of the huge growth potential of the senior care business. Our industry is projected to reach $400 billion in revenues by 2018 and is only expected to grow in the coming decades.
What you might not know are some of the other reasons for choosing a living assistance franchise opportunity. At Visiting Angels, we have more than twenty years’ experience in the home care business, so we know its ins and outs, along with its many benefits. So, if you’re thinking of opening your own living assistance franchise, here are 5 reasons you might want to move quickly.
- The Rewards Go Beyond Money
Talk to almost any Visiting Angels franchise owner and they will tell you that the rewards of a living assistance franchise opportunity don’t just come in revenue. While home care can be a highly profitable business, many franchise owners find that the emotional rewards of caring for seniors and easing the burdens placed on local families far outweigh the monetary ones.
- You’ll Stay On Your Feet
If you’re the sort of person who likes to roll up your sleeves and get to work, running a living assistance business is the perfect opportunity. You’ll be able to dictate your level of involvement in your business. Many Visiting Angels franchise owners offer their clients a level of personal service and attention that distinguishes their care from services offered by competitors.
- It’s a Beginner-Friendly Business
While past experience in senior care can help you when you’re starting a living assistance franchise, many franchisees become successful without any home care background. Thanks to the Visiting Angels model, it’s also possible to build a successful business without a background in business management or entrepreneurship.
- You’ll Give Back to the Community
As the owner of a local care agency, you’ll quickly find yourself a key part of your community. The services you provide can be a lifeline for local seniors and families alike. Meanwhile, efforts to grow your business will put you directly in contact with other members of your community.
- Every Agency Is an Opportunity
A living assistance agency can be a lucrative business. Unlike other franchise opportunities — like fast food franchises — a single franchise unit in home care is often profitable enough to bring its owner financial independence.
Want to learn more about living assistance franchise opportunities from Visiting Angels? Call us today at 800.365.4189 for detailed franchise information and to learn about open territories near you.