A home care business franchise is rewarding in more ways than one

If you’re ready for your next big move but don’t want the stress that comes with starting an entire new business from scratch, purchasing an existing business or a franchise can be a great option. The good news: there are many options to choose from. The almost-as-good news: there are so many options to choose from. If you’re looking for an opportunity to build your own business AND make a positive impact in your community,  a home care business might be a great fit. 

Here’s why (Click to scroll down):

  1. It’s an industry with ‘heart’
  2. Demand for home care is growing (with no signs of slowing!)
  3. You don’t need a health care background
  4. Home care is a recession resilient industry
  5. It’s the perfect choice for people who love people
  6. It’s an opportunity to get closer to the community
  7. You won’t have to sit behind a desk all day
  8. The Home care business industry is huge
  9. You’ll meet other purpose-driven people
  10. Home health care is here to stay

1. It’s an industry with ‘heart’

This is your chance to genuinely make a difference in people’s lives, whether you’re working with clients, caregivers, or families. You could own a fast food joint, but it’s not likely going to give you the same sense of fulfillment as helping people in your community with home care.

2. Demand for home care is growing (with no signs of slowing!)

Baby Boomers are now hitting their 60s and 70s. Within the next few years, we’re going to see a spike in the aging population, as well as in the senior care industry. Many seniors would prefer to stay at home as long as physically possible, rather than live out their older years in a care facility. Now is the perfect time to get set up for the home care boom, and help Boomers comfortably adjust to aging at home.

3. You don’t need a health care background

While a background in health care is an definite asset, senior care is the perfect option for anyone who thrives on making people happy. If you’re new to the industry, it’s worth asking the experts to refer you to the best resources and provide tips to determine if this next step is right for you.

 

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4. Home care is a recession resilient industry

If there’s one thing that’s becoming increasingly evident during the current economic climate, it’s that home care truly is a recession resilient industry. As the perception of home care continues to shift and it’s no longer seen as an afterthought, demand continues to grow while other industries may be faced with ongoing challenges. COVID-19 and economic uncertainty aside, people will still continue to age and seniors are still going to need care in the comfort of their own homes. We’ve already outlined some of the reasons on why home care is a recession resilient business.

5. It’s the perfect choice for people who love people

Home care definitely isn’t solo work–the very definition involves assisting others. If you love being surrounded by others who love making a difference, home care may very well be your next calling. Business should be about more than just the bottom line, and home care is a great way to combine profit with purpose.

happier ageing through home care business. 

6. It’s an opportunity to get closer to the community

As a ‘people person’, having a senior care business can give you one more reason to interact with your community. Not only are word-of-mouth and person-to-person interactions important marketing tools in this industry, giving back and getting involved can feel just as good as the work you’ll do. If you partner with a brand like Nurse Next Door who can manage the scheduling requests of your clients and caregivers, you’ll have time to volunteer at local events and get to know the community better.

7. You won’t have to sit behind a desk all day

You’ll encounter people in all sorts of environments: at home, at the office, at medical facilities, and even at events. You can choose your level of in-person involvement, which makes home care a great choice for those looking for a flexible lifestyle.

8. The Home care industry is huge

Home care is a 93 billion dollar industry (US) and is growing rapidly. Studies project the number of Americans 65+ will double by 2050, and it’s expected that two thirds of that age group will need long-term care in their lifetime. This is where it helps to think long-term. Jumping on board now means that you’ll be able to establish your home care business before there’s a boom in senior care providers, too.

Training conducted at nurse next door headquarters to set up a Home Care Business

9. You’ll meet other purpose-driven people

Your outlook will make a huge impact on your clients’ experience. If you see aging as melancholy and somber, you’ll pass those emotions to your team and your clients. But if you’re in it to help people age happier and feel better, your sentiments will trickle down through every level of your business. The people you hire will be just as purpose-driven as you, and you’ll immediately experience the rewards that come from having a positive team. Another benefit of buying a home health care franchise is that you’ll get to learn from other passionate franchisees who feel just as good as you do about providing great service to people needing in-home assistance.

10. Home health care is here to stay

If you were getting on in age and needing assistance, would you prefer to be at home with a caregiver, or in a hospital? You’d likely choose the former. Many people feel the same, and that’s not going to change anytime soon.

It’s a great time to get into home care–the need is going to dramatically increase over the next few years as Baby Boomers hit their 80s, and it’s likely going to continue for another 20 years. Reports show that the industry is set to experience rapid growth, and it’s rare to be able to forecast an impending shift like this. Take advantage of the opportunity and get into the home health care business now!

 

For Start Up Costs & the Support we provide, Click DOWNLOAD FRANCHISE REPORT to download a FREE Franchise Report.

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