5 Reasons to Explore Senior Care Franchise Opportunities in 2019
Thinking about starting a senior care business? 2019 is your year!
Today’s post highlights why there’s never been a better time to take advantage of Executive Care’s senior care franchise opportunities.
Senior care has never been in higher demand
Senior care franchise opportunities capitalize on current market conditions:
- 10,000 people turn 65 each day
- By 2030, 20% of all Americans will be over the age of 65
- AARP research indicates that as many as 90% of seniors want to age in the comfort of their homes
- Older adults often depend on others in order to “age in place” successfully
- The demand for senior care services is spiking
- As a whole, the senior care industry is generated more than $400 billion in 2018
- In-home senior care was among the fastest growing segments of the booming healthcare industry, according to the Huffington Post
The bottom line is that the senior care industry is booming in 2019.
There’s still time to can “get in on the ground floor” as a senior care provider and ride the “Silver Tsunami” to financial freedom. And Executive Care can get your business up and running fast.
“Assistive technology” is better than ever
In this case, “assistive technology” is a bit of a homonym; it has two meanings, both of which apply here and benefit you.
First, senior assistive technology is better than ever. Seniors now have a whole arsenal of assistive technology to improve their independence, comfort and quality of life, from buttoning aid hooks to sophisticated medical alert devices. These devices work wonderfully in conjunction with homecare services to delay or even eliminate the need to move to assisted living centers.
In this context, “assistive technology” also refers to the software we use to make business management easier for our franchisees. In 2019, our assistive technology is better than ever: we offer proprietary business management software that helps with sales, scheduling, time and attendance management, billing, payroll, customer relations management, and more. We also drive sales to your business via internet marketing and SEO technology that helps your company rank higher in web queries.
Modern territory systems optimize your profitability
Steer clear of brands willing to crowd small markets with multiple franchise units. These strategies benefits the franchisor more than the franchisee, cannibalizing sales and pitting locations against each other in exchange for brand saturation.
Executive Care’s territory systems are designed with your profitability in mind. Our franchise development teams work alongside you, using state-of-the-art demographic tools to build a market area comprised of 500,000 people with healthy household incomes.
Many companies focus on 65 year old’s as the foundation of their territory, but data and research shows that 75+ is when most people begin to need care. Accordingly, we look for a strong concentration of 75+ residents when building our protected territories.
Senior care franchise opportunities are limited
Since we guarantee our franchisees exclusive rights to large territories, available markets are limited. Reserve your spot by acting on our opportunity in 2019!
You can view a complete map of available market opportunities here.