With aging populations with a stronger desire to ‘age in place,’ now is a crucial time to join the senior home care industry. At Senior Helpers, we provide our franchisees with an array of senior care franchise growth opportunities and training to ensure that your new business hits the ground running! Let’s take a look at why now is the right time to make the move and invest in this growing industry!
Assessing the Growth Potential for Senior Care Franchises
The senior home care industry is rapidly growing, here’s why now is the time to jump in:
- Aging population - The over-65 population has grown in recent years, and projections show that this demographic will continue to expand. According to WHO, By 2030, 1 in 6 people in the world will be aged 60 years or over.
- Increased life expectancy - Along with this expanding senior population, technological advances in health care are allowing seniors to live longer and longer, expanding the needs for home care services.
- Aging in place - Aging in place has become more popular in recent years, as seniors and their families learn more and more about the benefits of home life. As this trend continues, the need for dependable home care will only continue to grow.
- New family structures - With so many families operating on a dual-income basis nowadays, the need for professional home care services will continue to grow.
Our Senior Care Franchise Opportunities
With population trends and the modern cultural emphasis on ‘aging in place’, the need for senior home care will only continue to grow. So, why choose Senior Helpers as your path to entering this industry? Here’s how we support new franchisees:
- Voted Entrepreneur’s #1 Homecare Franchise - Senior Helpers was voted by Entrepreneur as the #1 homecare franchise. This wasn’t just pure luck but was contributed to the level of support franchisees receive, national brand recognition, continued growth and success rate of franchisees.
- Low start up costs - We are proud to offer some of the most affordable start up costs in the industry.
- Extensive training - We provide extensive online and in-person training for every new franchisee, so you can count on all the support and guidance you need to learn about your new industry.
- Protected service areas - Every new franchise comes with a protected service area containing at least 25,000seniors. Other Senior Helpers franchise owners will not be able to provide any services to seniors within your protected area.
- Ongoing support - In addition to our extensive training and onboarding process, we provide marketing support and additional guidance to make sure your business hits the ground running.
- Senior care franchise expansion opportunities - We can provide specialized training to allow you to expand your service offerings and meet the diverse needs of local seniors.
Do You Have What it Takes to Open Your Own Home Care Franchise?
While the senior home care industry currently provides many opportunities for growth, the truth is, you need to bring the right traits to the role. Most importantly, this business requires compassion, empathy, and respect. In order to succeed, you need to be able to not only meet the dynamic needs of local seniors, but you also need to make them feel safe, comfortable, and secure. Successful home care franchisees also understand the importance of keeping family members happy. In fact, most senior home care decisions are made by caregiving relatives, so word of mouth is critical in this regard. If you provide loving and attentive care that makes people feel secure about the well-being of their loved one, this will lead to positive word-of-mouth and a truly thriving home care business.
Are You Ready to Make a Financial Investment?
Along with bringing the right personality traits, you also need to have the right financial situation to make this happen. We are proud to offer some of the lowest startup costs in the industry, with an initial fee of just $55,000. In addition, you’ll need another $55,000 in liquid capital along with a net worth of over $200,000.
Learn More About Our Senior Care Franchise Growth Opportunities
Do you have the right mindset and personality traits to build a successful home care franchise? To learn more about our senior care franchise growth opportunities, reach out to us online or book a call with our team at Senior Helpers today!