Top 5 Reasons to Choose A Home Care Franchise with Senior Helpers

Top 5 Reasons to Choose A Home Care Franchise with Senior Helpers

April 14, 2021 By Brooke Davis
Categories: Blog

When choosing a franchise, sometimes it can be difficult deciding what the best potential business opportunity is available to offer you and your community. One of the most popular and fastest growing franchise sectors is the senior care industry. There are many reasons why the senior care industry is on the rise, but for now, here are the top 5 reasons to choose a home care franchise with Senior Helpers:

1. Lower Investment Costs

 The startup cost to open most fast food franchises is a minimum of $500,000, and the average total investment ranges anywhere from $1-$2 million. Home care franchises can offer a significantly lower investment range that won’t break your bank account. Senior Helpers has an initial investment range of $113,300 to $152,300. This includes three months of working capital following the opening of the business, new owner training, startup marketing costs, including signage and so much more! Franchise candidate requirements are only $200,000 in net worth and $50,000 in liquid capital.

2. Strong Income Potential

Homecare franchises can drive up a lot of volume due to large territories and give a resource advantage over competitors. At Senior Helpers, the average revenue for franchisees who are open for 5 or more years is over $1 million*. The Elderly Care Products and Services Market is a extremely profitable industry with a size of $832.8 billion in 2019. It is also growing at a compound annual growth rate of 3.9% during the forecast period from 2020-2025. This industry is consistently growing due to the population aging around the world.

The number of people aged 60 years or older is expected to double by 2050, which is projected to reach nearly 2.1 billion. This allows the home care industry to continue to expand and gives Senior Helpers the ability to be positioned for growth with over 430 available territories in the USA.

3. Support the Community and Loved Ones

Opening a home care franchise doesn’t just benefit you financially, it also lets you support the community around you. The home care industry allows individuals to stay in their homes affordably, comfortably, and safely. Home health care specialists can help individuals adapt to their homes and fit to their changing needs. Senior Helpers provides flexible and customizable service options that ensure quality and personalized care for each individual. We also only hire professional, compassionate, and service-oriented individuals to provide the highest level of care to clients and their families.

4. Unique and Specialized Brand Offerings

Senior Helpers provides unique brand offerings and differentiators that make our position in the home care industry, one of the strongest. We have a proprietary assessment tool called the LIFE Profile that combines today’s technology with 15 years of research to help our franchisees provide the most thorough and accurate personalized care plan for their clients. Senior Helpers has distinguished signature care programs including Senior Gems® and Parkinson’s Care programs that provide franchisees and caregivers with the training and tools to provide the right level of care for seniors who have Alzheimer’s, Dementia, and Parkinson’s.

5. Award Winning Certifications and National Programs

Within the home care industry, Senior Helpers is proud to have many accolades that strengthen our mature and established brand. We have been certified as a Great Place to Work for two years in a row by Great Place to Work Institute®. Having this certification makes us a destination for caregivers seeking employment. Senior Helpers has also been named as one of the top three Best Workplaces for Aging Services in 2020, ranked in the Franchise 500 by Entrepreneur for 9 years in a row, and in the Top 100 of Franchise Connect Home Service Franchises for 2021.

Senior Helpers represents both a fantastic elder care franchise opportunity in a growing industry as well as a genuine chance to make a meaningful contribution to the community. If you’re interested in making a difference in your community and want the chance to give yourself the flexibility of being your own boss, then contact us to start the journey of owning a franchise with Senior Helpers. We provide highly experienced corporate support staff, so start your seamless discovery process today.

*See Item 19 of our April 2, 2021 FDD for further details.  As of December 31, 2020 there were 209 franchised businesses that had been operating 60 months or more.  Of these, 77 or 37% of them had greater than average annual gross revenues of $1,173,701. Some outlets have earned this amount. Your individual results may differ.  There is no assurance that you’ll earn as much.  This information is not intended as an offer to sell a franchise.  It is for informational purposes only.  Currently, SH Franchising, LLC is not registered in the following states: HI, ND, RI and SD.  We cannot offer a franchise in these states until we have complied with applicable pre-sale registration and disclosure requirements.  SH Franchising, LLC is the franchisor and is currently headquartered at 901 Dulaney Valley Road, Suite 700, Towson, MD 21204. Residents of NY: This advertisement is not an offering.  An offering can only be made by a prospectus filed first the with the Department of Law of the State of New York.  Such filing does not constitute approval by the Department of Law. Minnesota State Registration Number: F-7348.