When you put in hard work to grow your business while maintaining the values that made you want to open that business in the first place, it always feels good to be recognized for your efforts. At Senior Helpers, we are proud to have been ranked among the best home care franchises in 2023 by Entrepreneur Magazine, a reliable source of information regarding business ownership and growth.
Our franchise has not only been ranked as one of the top franchises that can be started for less than $150,000, but has also been inducted into Entrepreneur’s new 10+ Club in their Hall of Fame, which recognizes franchises that are highly ranked for over 10 years.
Here’s a quick look at these awards and what makes Senior Helpers one of the best home care franchises out there.
Entrepreneur’s Top Franchises for Less Than $150,000 Ranking
Among all franchises across industries, Senior Helpers has been ranked by Entrepreneur at #27 for the Top Franchises for Less Than $150,000 award. This ranking was created to show that there are great franchise opportunities out there for prospective business owners with various budgets.
Our solid position near the top of this list shows that Senior Helpers is an affordable franchise option for those who are ready to put in the hard work of business ownership but may not be able to make the large investment required by other business types.
This ranking was conducted based on a wide-ranging analysis of over 150 data points covering topics such as initial costs and franchise fees, business size and growth potential, financial stability and resilience, brand reputation, and support for franchisees. It’s important to note that placement on this ranking does not indicate all franchisees can open a location for less than $150,000, but that it is reasonable and possible to do so.
Entrepreneur’s Franchise 500 10+ Club
When it comes to rankings of the best businesses, it’s normal to see brands come and go. However, some brands stick around and stand the test of time. Entrepreneur magazine has made the decision to recognize the longevity of these brands’ success by creating the 10+ Club as part of their Hall of Fame. This list presents franchise brands, including the best home care franchises, that have managed to find themselves on the Franchise 500 list year after consecutive year.
Senior Helpers has achieved recognition as a member of this club after 16 years on the Franchise 500 list. We look forward to remaining one of the best home care franchises for many years to come!
What Makes Senior Helpers One of the Best Home Care Franchises?
We believe there are a number of factors that set us apart from other home care franchise brands and make our franchise system such a great option for entrepreneurs looking to enjoy success in the senior care industry.
Here are just a few of our standout qualities:
- Our core values.
Our core values are one of the main reasons both clients and new franchisees choose Senior Helpers. We remain people-focused in everything we do, and our incredible growth and success have not changed this focus one bit. By making people our top priority, we have been able to deliver exceptional customer service for seniors while creating a family atmosphere for franchisees that keeps them feeling supported. - Our spectrum of services.
Our wide ranging services and unique programs enable our franchisees to serve seniors with needs both large and small and support them throughout the many stages of their aging journey. From home care for those with Alzheimer’s disease or Parkinson’s to basic companion care, our services represent a huge source of relief for families and their loved ones. Plus, our extensive service list makes it possible for franchisees to enjoy a robust client base and retain clients for longer. - Our proven franchise system.
Our franchise system covers the training and ongoing support that franchisees need for success. Thanks to this system, even those who are completely new to the industry or to business ownership can look forward to managing their responsibilities with confidence. - Our affordability.
In addition to being one of the best home care franchises, we are also among the most affordable, as Entrepreneur magazine has recognized. We maintain modest royalty fees of just 5%, and our marketing fee is a manageable 1% of gross revenue. Additionally, our liquid cash requirement of $55,000 and net worth requirement of $200,000 make us a great option for first-time investors.
Get started with one of the best home care franchises to enjoy success in a dynamic industry! Book a call with our team today or reach out to Senior Helpers online for additional information.