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As we age, many of us require a little extra assistance to handle daily tasks. The added assistance can make a caregiver franchise the right choice for someone needing support.
The industry has seen a growing need, requiring more homes and establishments nationwide to meet the demand. Today, there are more reasons than ever to consider owning your own caregiver franchise.
As we continue to progress through our modern age of medical breakthroughs and increasingly well-informed health education, the lessons we’ve been taught have helped us extend the average lifespan and improve the overall quality of life for millions.
That’s contributed to an ongoing upward trend in average age nationwide. Over the past decade, the 65-and-older population grew by more than a third, with significant gains seen in almost every state.
Growth in the senior population is expected to continue for the foreseeable future as well. As the Boomers retire, the proportion of seniors to other groups is projected to rise.
It’s a positive change, and will likely increase the need for responsible assisted-living options. That can expand the field for a caregiver franchise that’s geared for growth.
In the past, finding the best living situation for someone in need was often simple. Care at home by a loved one was always an option, and there were private care facilities and homes to provide more involved and skilled support if needed.
That simplicity provided a workable baseline model, but it had limited flexibility and could sometimes have trouble accommodating people with specific issues that required particular understanding, financial planning, or special assistance. Today’s home care franchise is a more complex, custom-tailored industry.
Here’s a sample of the modern options available to people needing assistance in their day.
The variety and differences between the choices can make a caregiver franchise, one that aids clients in placing their loved ones in the facility that works best for their needs, more important than ever. It can be an indispensable support in a time of stress, and a skilled voice at a key moment.
Most people who look into owning a franchise are business-oriented and have an eye on cost and potential. They want to know that they’re putting their time and energy into a field that’s on the rise and is likely to continue expanding.
The potential for industry growth is a must for these prospective owners. And their attention to the business fundamentals could point them toward an assisted-living franchise.
The assisted living industry has been growing for generations, with strong and steady development alongside the country’s overall population expansion.
The future of the business is expected to see additional growth as well. Over the next five years, the industry will continue building on its past achievements and broadening its reach to meet increased demand.
For many people needing support in daily living, dealing with the intricacies and options involved in locating the best care for them can be an intimidating and overwhelming experience. It’s why patient advocacy is such a critical part of the modern assisted living process.
Having a knowledgeable and active advocate can give clients the peace of mind that comes from knowing they’re not alone. That’s where a home care locator business can step in to help ease the way.
A senior care placement franchise operates at the forefront of the industry, and they have a deep understanding of the business. It helps them provide conscientious and ethical service to every client.
When a family comes to a home care placement brand for assistance, they know they’re placing their loved one in the hands of a responsible, caring advocate who puts their needs ahead of any other consideration.
For today’s owners, setting up shop in an industry with potential is only part of the goal. More and more, the businesses that are positioned for the future are the ones that move with the times and expand their options
The brands that create robust and effective networks of essential services are often the ones with the tools for growth. It’s Business 101, and it’s one of the keys to the potential of the modern caregiver franchise.
An assisted-living placement franchise is more than a single office. It connects families with multiple facilities at various locations and can provide extended reach and greater visibility into the options available for each patient.
Every person deserves to be placed where they’ll be happy and receive quality care. The caregiver brand is uniquely placed to help make that a reality.
A care franchise placement owner operates where the action is, in an industry that’s been growing for years and is expected to continue doing so for years to come. And Assisted Living Locators is preparing to lead the way.
We negotiate placement fees with the facilities in our network and keep the burden off our clients' shoulders in their time of need. It’s helped make us a brand with a promise.
Assisted Living Locators is getting ready to expand again, and we’re looking for prospective owners to come with us as we grow.
Want to get more information? Contact us today!
Angela Olea is a visionary and accomplished business leader in the senior care industry. She is a respected authority on franchising, elder care and senior placement, serving as a guest speaker at state and national aging conferences. In 2019, Angela received the honor of Top 50 Most Influential Women's in Arizona and the Visionary Award from Az Business Magazine.
