Four Factors Driving Senior Care Franchise Ownership Success
There are some powerful factors driving in-home care business opportunities in today’s market. While it’s true that the COVID-19 pandemic decimated many businesses in 2020, the senior care industry is standing stronger than ever. Here are three of the most impactful factors that are driving in-home care opportunities in 2021 and beyond.
1. Recession Resilient
Despite the business shutdowns mentioned above, senior citizens across Canada still need quality, compassionate senior care. This fact has allowed senior care franchise owners the chance to meet the essential needs of the elderly in their communities. Seniors (and their families) will continue to rely on exceptional in-home care because the alternatives require them to abandon the one place where they feel the most comfortable – their homes.
2. Long-Term Success
The number of people aged 25–44 is projected to increase during the projection period, from 4.0 million in 2020 to 5.3 million by 2046. According the 2016 census, there are more seniors in Canada than there are children under 14.
3. The Best Training
One of the most influential factors driving business success at Always Best Care is that new franchisees learn from top earners, Executive Directors, and Marketing Representatives. This incredible opportunity happens during five days of intensive training at Always Best Care’s corporate headquarters. One of the most significant benefits of the Always Best Care franchise system is the availability of proven programs and techniques to help you build your business and give you a competitive advantage.
As a bonus, Area Representatives and National Directors are always available to our franchisees’ for ongoing training and support.
4. In-Home Care is Here to Stay
Ask yourself this: if you were getting older and needed more assistance to live a normal life, wouldn’t you want that assistance in your own home? According to AARP, most seniors do – 3 out of 4 seniors want to stay in their communities and homes as they age. The feeling of comfort and connection to home isn’t changing anytime soon, which is good news for entrepreneurs interested in opening an Always Best Care franchise.
The need for compassionate home care will only increase in the coming years as Baby Boomers age into their 80s. Unlike many industries in Canada, in-home care is poised for more growth as we make our way into 2022. The bottom line? Now is a great time to learn more about senior care franchising with Always Best Care.
Your opportunity is calling – will you answer the call and help secure your family’s future? If you’re ready to get started, take the first step by downloading our FREE E-Book.