3 Reasons Why a Senior Care Franchise is a Smart Investment

3 Reasons Why a Senior Care Franchise is a Smart Investment

October 8, 2018
Categories: Blog

The senior care industry is booming, and there has never been a better time to make an investment in a senior care franchise than right now. But is it possible that making this business investment and opening your own Senior Helpers franchise location today could look even savvier down the line? In short: yes. Here’s a closer look at why you should consider not just investing in the senior care industry but opening your own business with Senior Helpers.

The Senior Care Franchise Opportunity

Some businesses force you to live in a certain place or set up your company in a certain state. That’s not the case with Senior Helpers. There are Senior Helpers locations available in 49 states. That means from coast to coast, including Alaska and Hawai’i, there is a place for you to set up your senior care franchise. Due to the ubiquity of our brand, our services, and the ability to set up a senior care franchise almost anywhere in the United States, Senior Helpers can offer franchising opportunities that other companies simply cannot.

A Growing Senior Population

When it comes to finding a good franchise investment, one thing you need to figure out is how to generate business for your franchise. That becomes a little bit easier in the senior care industry, as business often comes to you in the form of elderly citizens who need various forms of help to maintain their day-to-day independence. But importantly, these elderly and their loved ones are becoming more and more comfortable with the senior care industry, which is growing and is projected to continue growing for the next several decades. Previously the country’s largest generation to date, Baby Boomers are beginning to transition away from needing care for their parents and in the coming years will need that care for themselves – the nation’s population of Americans aged 65 and over is expected to increase approximately 50% in the next decade. Millennials, the children and caretakers of Boomers, currently are the largest generation in history and have overtaken Boomers for the majority of spending power as of 2018. And for a generation with an emphasis on convenience services and brand loyalty, your senior care franchise making a good impression with Millennial caretakers now could pay dividends for generations to come.

Utilize Our Leadership Team

It can be daunting looking for the perfect Senior Helpers location for your senior care franchise. That’s where our fantastic leadership team comes in. Our team is equipped to answer your questions and help you find the best Senior Helpers location for your franchise. We have been franchising our brand since 2002, and in the years since we have tailored our franchising model to help put potential franchisees in a position to succeed. Use our team as a resource as you look for Senior Helpers locations. We are there for you every step of the franchising process to assist in helping you set up your senior care franchise. By working with our team, you can find the perfect location for your franchise and work toward building a successful business. To learn more about in a Senior Helpers senior care franchise, contact us today.