Author Archives: Executivecare

Meeting America’s Care Demands: Diversifying Senior Care Revenue Streams

Diversifying senior care revenue streams may sound like a sophisticated business strategy, but it’s really quite simple. At its most basic, a “revenue stream” is just another word for a source of income for your business. The “stream” may be small or large, but it never constitutes your entire revenue – think of that as … Continue reading Meeting America’s Care Demands: Diversifying Senior Care Revenue Streams

Investment, Experience, or Attitude? Spotlighting the #1 Factor for Senior Care Franchise Success

Today’s post spotlights the #1 most important factor for senior care franchise success. And the answer might surprise you. Is experience the difference maker for senior care success? Starting with the least important factor for your senior care franchise success, let’s talk about experience. To be clear, this is about the individual investors’ experience – … Continue reading Investment, Experience, or Attitude? Spotlighting the #1 Factor for Senior Care Franchise Success

3 Things to Add to Your Home Care Business Checklist for Faster ROI

The senior care business is booming, which means start-up opportunities in this industry are proliferating. So finding the right opportunity (with the right ROI) can feel a little like searching for a needle in a haystack. Like any good prospective franchise owner, you’re doing your due diligence. With a home care business checklist in hand, … Continue reading 3 Things to Add to Your Home Care Business Checklist for Faster ROI

5 Ways Elder Care Franchise Ownership Guarantees Competitive Advantages

In 1985, Harvard Business School professor Michael Porter wrote Competitive Advantage, which quickly became the definitive business school resource on the topic. The term “competitive advantage” is broadly defined as the leverage that a business has over its competitors, and it encompasses many things. Porter defined three major sources of competitive advantage – cost leadership … Continue reading 5 Ways Elder Care Franchise Ownership Guarantees Competitive Advantages