Senior Care Franchises--A Business Opportunity Even In Recession
Senior Care Franchises--A Business Opportunity Even In Recession
Making the decision to step out into business while things appear to be in economic crisis is a tough choice to make, one that often comes drenched in fear, but those who’ve closely looked at the vast array of industries available have a great advantage, as well as a stronger sense of promise. Why? Because though the economy as a whole is troubled, there are select industries that seem not to be inhibited.
One of those seemingly recession-proof industries is senior care. Regardless of how the real estate market, banking industry, and stock markets are doing, baby boomers are still getting older, and because they’re by far the largest generation of Americans the nation has ever seen, the demand for care is and will continue to become increasingly in demand. And, frankly, baby boomers are some of the wealthiest people in America, so they provide not only a demand for labor, but the financial strength to support it. With such a business opportunity just waiting for the right people to come along and take advantage of this dramatic need, here are some senior care franchises already in place to serve this population, and profit from it.
Home Helpers
According to Entrepreneur Magazine, this is the #1 franchise business in its industry. It also falls in the top 20 low cost franchises, top 25 home based franchises, and top 50 fastest growing franchises, making it a veritable champ among franchises of all classes. Part of what makes Home Helpers so successful is the wide range of clients that franchisees can serve: seniors, new mothers, and people with disabilities. And because franchisees oversee a team of aids instead of serving each client on their own, the potential for growth and income is as vast as the populations they serve. New small business owners are equipped with a proven business system; a name that is nationally recognized; strong marketing tools; ongoing training; cash bonuses; and a simple, work at home business with few overhead expenses.
Caring Transitions
Success with this franchisor begins at the level of the CEO, who, in the last 20 years, has built numerous franchising powerhouses that have been rated #1 in their respective industries. This same level of business strength has been hardwired into Caring Transitions, a novel, recession-resistant business opportunity that takes upon itself the onus for getting an elderly client’s estate in order as he makes the transition into a group home. With a proven business system and marketing aids in hand, franchisees work from home, liquidating unnecessary client assets, moving furniture and possessions to new living environments, and making transitions as smooth and painless as possible for clients and their families. Startup costs are very low, as are ongoing overhead costs.
Always Best Care Senior Services
Since the company’s inception in 1996, it has served the needs of over 100,000 seniors with compassion and integrity. Franchisees work directly with families to help find the most conducive solution to an aging parent’s need for assistance. Whether the best choice is in-home aid or moving the client into an inpatient facility, Always Best Care Senior Services provides whatever assistance is in the best interest of the whole family. The special feature that this franchisor gives to its franchisees is its pair of computer applications: the virtual office and the Always Best Care Senior Services intranet. With little more than a computer and internet access, the business owner is ready to take advantage of all possible business opportunities.
Right At Home
This home based business affords two excellent opportunities for exceptional earnings. As the name implies, one of those avenues of success is providing in-home care and assistance to seniors living at home. The other is offering temporary aids to group homes and nursing centers. In both circumstances, the franchisee is not the one providing the care firsthand, but rather the business manager, mobilizing trained professionals who then work directly with clients. For this reason, franchisees don’t need to have any history in the in-home service or medical fields; all a Right At Home home business owner needs is a mind for business success, the willingness to learn, and a heart to help others.
CareMinders Home Care
Like all the franchises listed before it, CareMinders Home Care is, at its core, all about providing exceptional service and personal care to its senior clients. But, what sets this franchise apart is their equally adamant commitment to caring for their franchisees. From the first days at CareMinders University, franchisors stand beside and behind their franchisees, helping them succeed in every way possible and showing concern that goes beyond that of an investor. Franchisees work within protected territories, providing trained care specialists to clients ranging from hospitals to geriatric facilities, and the central support team helps franchisees through it all, whether they need assistance with marketing or just meeting state regulations.
Population statistics show that by the year 2020, 13 million people will have reached retirement age, which is a larger group of retirees than the US has seen in its 200+ year history. Regardless of economic circumstances, that means that from this day forward, the business opportunities in the field of senior care are only going to grow. If you’re looking for a business for sale, there is possibly no better choice than something in this industry, as it provides both immediate work and nearly guaranteed expansion.
Senior Care FranchisesA Business Opportunity Even In Recession - To learn more about this author, visit Candice Clem's Website.
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Businesspeople everywhere have got a heavy case of the jitters under current economic conditions. Many already in business for themselves are bending under the weight of reduced consumer spending, and those who thought themselves ready to go into business are stepping back, not certain that now is the time to embark on a new business endeavor.
Making the decision to step out into business while things appear to be in economic crisis is a tough choice to make, one that often comes drenched in fear, but those who’ve closely looked at the vast array of industries available have a great advantage, as well as a stronger sense of promise. Why? Because though the economy as a whole is troubled, there are select industries that seem not to be inhibited.
One of those seemingly recession-proof industries is senior care. Regardless of how the real estate market, banking industry, and stock markets are doing, baby boomers are still getting older, and because they’re by far the largest generation of Americans the nation has ever seen, the demand for care is and will continue to become increasingly in demand. And, frankly, baby boomers are some of the wealthiest people in America, so they provide not only a demand for labor, but the financial strength to support it. With such a business opportunity just waiting for the right people to come along and take advantage of this dramatic need, here are some senior care franchises already in place to serve this population, and profit from it.
Home Helpers
According to Entrepreneur Magazine, this is the #1 franchise business in its industry. It also falls in the top 20 low cost franchises, top 25 home based franchises, and top 50 fastest growing franchises, making it a veritable champ among franchises of all classes. Part of what makes Home Helpers so successful is the wide range of clients that franchisees can serve: seniors, new mothers, and people with disabilities. And because franchisees oversee a team of aids instead of serving each client on their own, the potential for growth and income is as vast as the populations they serve. New small business owners are equipped with a proven business system; a name that is nationally recognized; strong marketing tools; ongoing training; cash bonuses; and a simple, work at home business with few overhead expenses.
Caring Transitions
Success with this franchisor begins at the level of the CEO, who, in the last 20 years, has built numerous franchising powerhouses that have been rated #1 in their respective industries. This same level of business strength has been hardwired into Caring Transitions, a novel, recession-resistant business opportunity that takes upon itself the onus for getting an elderly client’s estate in order as he makes the transition into a group home. With a proven business system and marketing aids in hand, franchisees work from home, liquidating unnecessary client assets, moving furniture and possessions to new living environments, and making transitions as smooth and painless as possible for clients and their families. Startup costs are very low, as are ongoing overhead costs.
Always Best Care Senior Services
Since the company’s inception in 1996, it has served the needs of over 100,000 seniors with compassion and integrity. Franchisees work directly with families to help find the most conducive solution to an aging parent’s need for assistance. Whether the best choice is in-home aid or moving the client into an inpatient facility, Always Best Care Senior Services provides whatever assistance is in the best interest of the whole family. The special feature that this franchisor gives to its franchisees is its pair of computer applications: the virtual office and the Always Best Care Senior Services intranet. With little more than a computer and internet access, the business owner is ready to take advantage of all possible business opportunities.
Right At Home
This home based business affords two excellent opportunities for exceptional earnings. As the name implies, one of those avenues of success is providing in-home care and assistance to seniors living at home. The other is offering temporary aids to group homes and nursing centers. In both circumstances, the franchisee is not the one providing the care firsthand, but rather the business manager, mobilizing trained professionals who then work directly with clients. For this reason, franchisees don’t need to have any history in the in-home service or medical fields; all a Right At Home home business owner needs is a mind for business success, the willingness to learn, and a heart to help others.
CareMinders Home Care
Like all the franchises listed before it, CareMinders Home Care is, at its core, all about providing exceptional service and personal care to its senior clients. But, what sets this franchise apart is their equally adamant commitment to caring for their franchisees. From the first days at CareMinders University, franchisors stand beside and behind their franchisees, helping them succeed in every way possible and showing concern that goes beyond that of an investor. Franchisees work within protected territories, providing trained care specialists to clients ranging from hospitals to geriatric facilities, and the central support team helps franchisees through it all, whether they need assistance with marketing or just meeting state regulations.
Population statistics show that by the year 2020, 13 million people will have reached retirement age, which is a larger group of retirees than the US has seen in its 200+ year history. Regardless of economic circumstances, that means that from this day forward, the business opportunities in the field of senior care are only going to grow. If you’re looking for a business for sale, there is possibly no better choice than something in this industry, as it provides both immediate work and nearly guaranteed expansion.
Senior Care FranchisesA Business Opportunity Even In Recession - To learn more about this author, visit Candice Clem's Website.
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David BarrDavid Barr is the President of Venture Opportunities, Inc. David has been a professional business broker/intermediary since 1980 focusing on General Business Brokerage and Mergers and Acquisitions representing client transaction value from $400,000 to $20,000,000. Mr. Barr has handled the sale of over four hundred and fifty companies. David earned a university degree from the State University of New York majoring in economics and business. David holds the Mergers and Acquisition Master Intermediary and the Certified Business Intermediary designations from the International Business Brokers Association. He is also a Senior Business Analyst and a Texas licensed Real Estate Agent. For more information about David and Venture Opportunities, visit www.bizdealmaker.com. - Visit David Barr's Website |
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Cheryl MatthynssensCheryl is a life skills coach, licensed Chemical Dependency Counselor and a 20 year entrepreneur. Cheryl's dedication to achieving a life of balance led to her expanding her teaching from the simple managing of life's daily challenges to adding financial well being as well. A direct marketer with DrinkACT, she is gaining ground in the online community with her concepts of making sure business owners, entreprenuers and employees have well rounded life styles. She opened up a small affiliate site - The Balance Guide- to help others find resources for mental and emotional well being. Visit Cheryl's blog to see more of the diversity beyond business she has began offering online at www.thebalanceguide.blogspot.com - Visit Cheryl Matthynssens's Website |
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