Start a Senior Care Services Home Based Business in 2019

Today’s post touches on the economic and demographic trends that support starting a senior care services home based business in 2019.

Read on to learn whether the Executive Care model is right for you and what you need to get started with our franchise family.

The ‘2030 Problem’ Promises Senior Care Business Growth

Back in 2002, the journal of Health Services Research published an influential article on “the 2030 problem” in which the challenges of caring for America’s growing senior population were discussed (Knickman& Snell, 2002).

The “2030 problem” refers to the senior care burden that will fall upon public and private healthcare providers in the year 2030, at which point 1 in 5 Americans will be 65 or older, and seniors will outnumber children.

Facing such unprecedented demand for senior care services, many wondered whether our care infrastructure was up to the task. Until relatively recently, medical care systems focused primarily on treating “acute, episodic illness,” with little investment in chronic senior care; it wasn’t until the late 20th century, when the senior population tripled in size, that long-term care options began to develop (Schoen et al., 2009, p. 1). Long-term care services began to develop, but staff shortages persisted–one report by the Atlantic indicated that 1.2-million job vacancies for registered nurses would emerge between 2014 and 2022.

Today, the ‘2030 problem’ panic has been tempered as more resources are devoted to expanding our senior care service capacity, but the problem isn’t solved yet.

There will be more than 71-million seniors needing care in 2030, and more than 90% of them have indicated that they wish to “age in place” with the help of a homecare assistant.

So what does this all mean for your business?

Quite simply, it means it’s time to start a senior care services home based business.

The ‘2030 problem’ outlines supply and demand dynamics that other industries can only dream of. And with 11 years ahead of us before the tipping point is reached, there’s still time for you to position your business to take advantage of this surging demand.

Start a Senior Care Services Home Based Business in 2019

Executive Care can help you help your community and generate an impressive return on your investment in the process. No relevant skills or experience are required–you just need to be coachable, willing to work, and eager to help Americans in need.

Our comprehensive training and support system has transformed total beginners into senior care leaders who make a real difference in their community. And with the ‘2030 problem’ looming, the best is yet to come.

Our opportunity is available for an investment of approximately $100,000, which includes over $60,000 of your own working capital as a safety net.

If you want to learn about our proven start-up process, investment breakdown, or market forecasts, book a free consultation by calling 1-855-393-2372 or using our easy online form.

References

Knickman, J. R., & Snell, E. K. (2002). The 2030 problem: caring for aging baby boomers. Health Services Research, 37(4), 849-884.

Schoen, C., Osborn, R., How, S. K., Doty, M. M., &Peugh, J. (2009). In chronic condition: experiences of patients with complex health care needs, in eight countries, 2008. Health Affairs, 28(1), 1-16.

Vist Corporate Site