Exploring the Executive Care Franchise Opportunity
Today’s post presents a rapid-fire, “big picture”-breakdown of the Executive Care franchise opportunity. Read on to learn about emerging markets, available territories, start-up costs, and America’s growing need for care providers to see if this opportunity is right for you.
Senior populations are swelling to record-setting sizes, and their care demands are growing accordingly.
The amount of seniors in the United States numbered around 46-million in 2014. That means the over-65 demographic accounted for 14.5%, or roughly 1 in 7 of the total population. For members of the Executive Care franchise family, these numbers represent big business, as well as a tremendous opportunity to make a difference by meeting growing care demands.
What’s more, population growth analysts have determined that this demand is growing faster than ever before. By 2020, it is estimated that 1 in 5 Americans will fall inside the over-65 bracket, representing a 5.5% growth in only 6 years. Moreover, we anticipate about 98-million older persons by 2060, which is more than double the current figure!
America’s senior care resources are already stretched thin.
Since 1998, the US healthcare system has dealt with a growing deficit of registered nurses, caretakers, and senior care specialists (Juraschek et al., 2012, p. 241). Today, senior care demand continues to outstrip caretaker supply, and this dynamic will only worsen as the elderly population grows.
With this in mind, it’s easy to see how working with the Executive Care franchise as a single-unit owner, multi-unit owner, or front-line caretaker is a tremendous opportunity for personal gratification and job satisfaction. There are few better feelings than coming home at the end of a profitable day’s work knowing that you made a difference, and that is exactly what the Executive Care franchise opportunity entails.
Market opportunities abound with the Executive Care franchise.
Despite the growing entrepreneurial interest in senior care, many territories are still available. We are currently looking for individuals interested in developing our brand in Boston, Philadelphia, Orlando, Atlanta, Phoenix, Jacksonville, Houston, Pittsburgh, and more.
Franchising with Executive Care is a low-risk, high-reward opportunity.
These are just a few of the reasons why partnering with the Executive Care franchise will help you penetrate the booming senior care market and outperform the competition:
- The Executive Care system has helped dozens of entrepreneurs just like you.
- We offer large, protected areas to eliminate inter-franchise competition.
- Time and money needed for start-up is minimal, so you can realize your dreams and start making a return on your investment fast.
- The quality of Executive Care’s training and support services means that this opportunity is available to anyone, not just those with medical or senior care backgrounds.
- Our robust technology platforms makes all aspects of your business’s backend administration easy.
- We offer multiple revenue streams that include medical and non-medical care options. Moreover, our care is not limited to seniors.
With the support and proven success of the Executive Care franchise at your back, there’s no reason why you can’t make a profitable and rewarding career move into this industry today.
If you’d like to learn more about the Executive Care advantage, we encourage you to visit https://www.executivehomecarefranchise.com to browse additional free resources or book a free consultation with a member of our team.
Juraschek, S. P., Zhang, X., Ranganathan, V., & Lin, V. W. (2012). United States registered nurse workforce report card and shortage forecast. American Journal of Medical Quality, 27(3), 241-249