Home Care Franchise Potential
The home care industry has been deemed recession resistant. Why? The demand for services. The demographics of the home care market are growing as people continue to age and live longer. This along with seniors’ desire to stay in their own homes, makes for a great deal of market growth and potential.
According to the Franchise Business Review, home care franchises are amongst the most profitable franchises. When considering the initial franchise investment and possible profits, the home care industry has some of the highest margins. It is not uncommon to see top senior care franchises making a gross margin of 30-40%.
Also, according to the Franchise Business Review’s annual survey, senior care consistently comes out as one of the top five sectors for franchisee satisfaction. Overall satisfaction, including emotional and financial, increased 5% in 2012 from 2011.
Home care franchises offer greater opportunities to enter the thriving home care market. Executive Care has been in business for almost a decade; with their proven systems, business model, training and on-going support, Executive Care might be the right franchise choice for you. For more information about the Executive Care franchise opportunity, visit https://franchise.executivehomecare.com/.