Bootstrapping Your Business: Buy A Home Care Franchise For Sale?
If you’re looking to buy a business, you may be wondering if you should buy an existing business that is up for sale, or instead purchase a new franchise. When the opportunity arises and you know of a home care franchise for sale, buying a home care franchise from Executive Care may be your best bet for a variety of reasons.
When you buy an existing home care franchise for sale, you may not know how it handles territories. However, Executive Care takes franchise territories very seriously, offering new franchise owners large territories of at least 500,000 residents.
40% And Growing
When you are looking at a home care franchise for sale, you want to see exciting growth opportunities ahead in the coming years. With a home care franchise for sale from Executive Care, you can look forward to an astounding need for the services you will provide. According to industry statistics, 40% of people over the age of 65 already need daily assistance in their homes, and that number will grow to 70% in the years ahead.
One Trillion Dollars
No, we’re not talking about the national debt. Instead, when you are looking at a home care franchise for sale, one trillion dollars refers to the worth of the home health care industry as the 21st-century progresses. As of now, projections have the industry being worth nearly $520 billion by 2025, with the value expected to continue increasing as demand surges.
When you buy a home care franchise for sale from a company other than Executive Care, there may be many costs of which you are not aware. If the business has been poorly managed, you will be spending plenty of time and money trying to right the ship. However, an Executive Care home care franchise for sale offers low startup costs that are well within the reach of anyone who is serious about becoming a successful entrepreneur within their community.
No Experience Necessary
In other home care franchises, prior healthcare experience is sometimes required, eliminating many people who otherwise have the skills to succeed in such a business. However, Executive Care does not limit the opportunities it provides to future entrepreneurs. In fact, most Executive Care franchisees who purchased a home care franchise for sale had little if any prior experience in healthcare. Instead, they had backgrounds ranging from accounting to hospitality. Yet in all cases, they also possessed a strong desire to help others, make a difference within their communities, and be their own boss.
If you’re ready to learn more about how a home care franchise for sale could be the start of something great in your life, contact Executive Care today.