Why Invest in a Senior Care Franchise?
Investing in a Senior Helpers senior care franchise combines two of the most rewarding career choices one can make: owning your own business and helping care for the elderly members of your community.
These two career paths come together, helping you to make a huge impact on your community, the local economy, and your own financial standing – simultaneously.
Before you invest in a Senior Helpers franchise, go ahead and ask yourself, “Why should I invest in this industry?” The answer is right here:
- Benefit from high demand in the industry
- Stimulate the economy
- Provide a necessary service
- Make a difference in people’s lives
- Learn from your clients
“By 2060, the number of people over 65 in the United States is expected to reach over 98 million, or almost a quarter of the population.”
SOURCE: The Population Reference Bureau,
Fact Sheet: Aging in the United States
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Benefit from the Industry’s High Demand
As of January 2016, there were 46 million people in the United States who are over the age of 65. By 2060, that number is expected to more than double, reaching over 98 million people or almost a quarter of the entire population. That explosive growth means that the demand in the senior care franchise industry will only increase over time.
This trend of a growing population of people 65 and older is true worldwide, not just in the United States. All over the world, the baby boomer generation is retiring and aging, increasing demand for quality elder care in virtually every country, city, and neighborhood.
Stimulate Your Local Economy
As a business owner, you will stimulate your economy in a few major ways.
- First, by creating jobs you will help feed families and pay mortgages.
- Second, by working on a community level, small businesses encourage innovation across all sectors (not just in senior care).
- Third, the taxes that you pay go directly to your community’s police force, schools, libraries, firefighters, and more.
These are just some of the ways that small businesses positively impact the communities in which they operate.
Provide a Service in Your Community
With the growing numbers of elderly people in every corner of the nation, the need for elder care is also going up. Owning a senior care franchise will allow you to provide a necessary service to the people and families in your community. Senior care is an all-encompassing term that includes everything from light housework to companionship, and as the elderly population grows these services become even more crucial.
Make a Difference in People’s Lives
Far too often, the elderly feel as though they are a burden on their families and loved ones because they require care and assistance with everyday things. Additionally, family members who provide care to their loved ones can suffer from caregiver burnout, feeling like they don’t get to enjoy their loved one’s company anymore. These are two tragic realities that come with an aging loved one, and these issues have the potential to compound with an aging population.
The good news is that senior care providers can step in to provide a lot of that necessary care to help ease both the client and the family members. The care from a Senior Helpers senior care franchise can have an enormous impact on people’s lives. Clients feel safe, secure, and attached as they continue to age in their own homes, while family members are free to enjoy relationships again. Senior care truly provides a beautiful solution for many people.
Learn from Your Clients
Interacting with the elderly is incredibly rewarding. Even though, as franchise owner, you may not be interacting daily with your clients, you can still learn a lot from their wisdom and experience. Spending any amount of time with the elderly is illuminating as they share their stories from growing up in a different time and seeing how things change.