Do you have a passion for helping others? Why not channel that passion into owning your own healthcare franchise? As the popoulation ages, the demand for in-home healthcare continues to grow. Home health and senior care franchises offer a solid investment while giving you the chance to help others receieve the care they need in the comfort of their own homes. If you're looking for an opportunity that is both meaningful and financially rewarding, consider a home health or senior care franchise and get started on the path to becoming your own boss.
Among Americans over the age of 65, roughly 70% will require long-term care
SOURCE: IMS Health
In 2014, home health care expenditure surpassed 83 billion dollars in the U.S.
SOURCE: US Department of Health and Human Services; CMS
The U.S. market for beauty and personal care is expected to reach nearly $84 billion in 2016
In 2016, Baby Boomers and Seniors in the United States are projected to spend 214.7 billion
SOURCE: Mintel; IRI
There are a variety of home health care franchise opportunities that offer medical and non-medical care including companion care, compassion care, nursing care, senior moving / relocation services, non-medical home care, and personal care services. Some opportunities allow you to run your business from home while others require an office space. There are truly no shortage of opporutnities available to choose from where you can begin to live your dream of owning your own business while helping others.
The senior population is growing at a fast rate, thus positioning the senior and health care industry for dramatic growth. As Baby Boomers age, more and more Americans will require some form of medical or non-medical home care. It's also worth nothing that most of these franchises have lower start-up costs than other franchise opportunities. Low startup plus big earnings potential makes franchises in the home and senior care industry an excellent investment.
We recommend that you check out our Franchising F.A.Q. before getting started!