Three Revenue Stream Potential for Always Best Care Franchisees
If you’re reading this blog, you might be surprised to know that you’re in the right place at the right time. By 2030—in less than two decades—seniors will number over 9.5 million and make up 23 percent of Canadians. These individuals, collectively called Boomers, have created new opportunities in every stage of their lives. As former leaders and business owners, they have an overwhelming desire to remain independent and at home as they get older. However, many Boomers suffer from chronic conditions that necessitate ongoing care.
For motivated entrepreneurs, the desire to remain at home and the need for in-home care represents a chance to provide for their families while also giving back to the seniors before them.
At Always Best Care, we believe franchising represents a tremendous opportunity to build your own business with an established company’s support, training, and systems. However, unlike other senior care franchising systems, Always Best Care business owners benefit from three revenue streams. That’s especially rare in the senior care industry, where providers are most known for offering one.
The Always Best Care Opportunity: Three Revenue Streams
If you are not familiar with us, we deliver services through an extensive network of hundreds of independently owned and operated territories in the US and Canada. The beauty of the Always Best Care franchise model is that franchisees may earn a living through three revenue streams from the same referral sources.
Here are some of the services offered in each of Always Best Care’s three revenue streams:
Non-Medical In-Home Care
Of all the services offered by Always Best Care, non-medical in-home care is perhaps the most popular and well-known. Our team of caregivers visit clients on a pre-determined schedule and provide them with the compassionate care and assistance they need to remain happy and independent at home.
Some common non-medical home care services include: meal prep, mobility assistance, personal care, transportation, companionship, visiting family and friends, grooming, and light housekeeping.
Assisted Living Finder and Referral Services
Our assisted living finder and referrals revenue stream gives entrepreneurs one more reason to consider Always Best Care franchise opportunities. In addition to caring for clients in their homes, we help ease the transition from home care assistance to assisted living facilities. Our franchisees use their local contacts to find the best assisted living community for their clients.
Franchisees then match clients with three or four assisted living partners that offer the most appropriate living options. Assisted living facilities are selected based on the client’s needs, custom screening, and budget. Often, these services include escorting clients and their families on tours of the matched communities and introducing them to residents and staff to help the family make an informed decision.
Skilled Home Health Care
Not every Always Best Care franchise owner chooses to engage in this revenue stream as additional licensing is required. Those that do are able to provide care for clients with more specialized needs, specifically from skilled professional nurses and licensed therapists.
Where available, Always Best Care’s home health team provides clients with an organized, personalized plan created with their needs in mind. Often, these plans are created in conjunction with the primary care plan developed by the client’s physician. Always Best Care is one of the few senior care organizations with the capabilities to offer home health care and non-medical home care services.
Some common skilled home health care services include: post-surgery care, wound care, speech therapy, injections and IV therapy, diabetic care, medication management, and pain management.
A Rewarding Opportunity Awaits
Ready to learn more about joining one of the fastest-growing industries? Your new journey to success starts by downloading our free E-Book. With local support, ongoing communication, and award-winning opportunities, it’s easy to see why Always Best Care is among the top franchise opportunities available today.