As the population of baby boomers begins reaching retirement age, the franchises that cater to the health needs of seniors are increasing. Learning about the franchise opportunities
, the type of services offered by the companies and the required investment to get involved will help determine if this franchise option is best for individual career goals.
Senior care franchises, like Home Helpers and Acti-Kare
, offer a wide range of different services based on the needs of seniors. Home Helpers
, for example, provides non-medical help for seniors, new mothers and individuals who are recovering from injuries or illnesses. By offering help at home, the franchise is allowing seniors to stay independent for a longer period of time.
The investment into a franchise varies based on the company, the type of services offered and the equipment associated with the company. In most cases, the price to get involved will range from $30,000 to $100,000, but some companies offer lower cost options. While the price might seem high initially, it is reasonable for a franchise opportunity. In general, franchises that focus on providing in-home services are slightly less expensive to get started because the equipment and supplies required are less costly. Medical franchise options are usually pricier to get started due to the higher price of equipment and professional employee expenses.
Senior care franchises provide the opportunity to get involved in the care of retiring baby boomers. With so many options available that provide services ranging from health related services, companionship and assistance to increase independence, it is an excellent opportunity for franchise growth.