Franchising Industry Trends

Franchising Industry Trends

Whether you’re new to the world of franchising or you’re staying up-to-date on your industry, understanding current trends and estimating future outlooks is essential to staying ahead of the competition. According to the International Franchising Association (IFA), the United States has a healthy population of nearly 775,000 franchise establishments as of 2021, and that number is expected to continue to increase.

If you’re exploring your options for venturing into franchise ownership, taking on a HomeWell Care Services franchise could be your path to achieving successful business ownership. Senior services are commonly seen as an evergreen industry, and once you start meeting with caregivers and clients, you’ll understand why so many have committed their lives to help HomeWell Care Services flourish nationwide. While no industry is a guaranteed success story, what we do know is the senior population is rising and the need for home care isn’t going anywhere.

Contact Us

 

Business colleagues sitting around a table for a discussion

Current Franchising Trends

With so much recent economic uncertainty, people are diving into evergreen business opportunities, knowing they’re helping their communities while securing their own futures.

Perhaps one of the brightest futures of franchise industries is for home care — a combination of utilities and healthcare. According to the 2020 Census, nearly 10,000 Americans will turn 65 every day through 2030. About 40% of them will need some form of daily assistance. As baby boomers age up, now is the perfect time to invest in non-skilled home care services like the ones offered by HomeWell.

What Makes HomeWell Care Services Your Best Choice?

Franchising is a resilient, stable business decision, especially compared to starting your own company. When you go into franchising, you’re working with an already established company that has name recognition, public support and proven results. The main challenge is finding that perfect franchisor that works in an industry you’re passionate about and whose company values fit the ones you hope to promote in your own work.

HomeWell believes we can be that solution for you. Home care franchising offers an undeniable opportunity for success, regardless of your healthcare experience. We’ve had years of expertise turning young professionals into thriving entrepreneurs through owning a HomeWell franchise, providing them with resources like:

  • National recognition: Wherever you are in the U.S., you’ve probably already heard our name. HomeWell has recognition from the Better Business Bureau, IFA and Entrepreneur’s Franchise 500, making us a trusted business for anyone looking for secure home care.
  • Constant training and assistance: From the day you begin franchise training, we’ll be there to help. We’ll guide you through sales and home care learning modules, help you prepare for the launch of your business and serve as a resource through your daily operational tasks for as long as your franchise is active.
  • Industry experts: Our in-house team of experts draw on their experience to provide tools, resources and best practices for our franchise owners to leverage. From client acquisition, caregiver retention and referral source partnerships, our team is here to help guide you along the way.
  • Collaborative network: We may be biased, but we believe our owners to be the best in the industry. Not only do they care about helping others in their local community, but they care about helping their fellow HomeWell owners. HomeWell creates opportunities for our franchise owners to collaborate and many of our regional owners gather for local networking events as well.

Franchise Statistics:

Testimonials

Josh Frommer

HomeWell continuously adds value to my business. They provide professional brochures and training programs, help their owns stay abreast of current trends, know how to incorporate technology into processes, provide good recommendations for partnering with other industry vendors, hold an annual Conference with key brand and industry information, and facilitates access to other franchisees for knowledge sharing.

Josh Frommer HomeWell Care Services in Anchorage, Alaska

Tracie Dominguez

I have never owned a business and know my weaknesses. I wanted the support of a proven business formula. Why reinvent the wheel when it’s been done?

Tracie Dominguez HomeWell Franchisee in Colorado Springs, Colorado

Frank Davis

We recognized the value of a system that is already working and where processes are already developed.  We can leverage the expertise of the franchisor in areas to complement our strengths.  We also see a lot of value in the network of fellow franchisees for sharing of best practices.

Frank Davis HomeWell Franchisee in Overland, Kansas

Kevin Walters

HomeWell, simply put, seems to do it the right way. From the focus of assessments, to the tools in place, the leadership in the Corporate Office and the existing franchise owners — this is an organization set up for success. I want to help build on that success!

Kevin Walters HomeWell Franchisee in Gateway, Florida

Josh Frommer

The HomeWell franchise community is a great group of people that have open discussion, work to help one another, and maintain a healthy amount of friendly competition. I am glad to be a part of this group.

Josh Frommer HomeWell Franchisee in Anchorage, Alaska

Elysa Coleman

The biggest factor for us in choosing to do a franchise instead of launching a business on our own was really the wealth of knowledge HomeWell provides. We could have gone the route of figuring everything out on our own, but we decided that the training, support, and knowledge the HomeWell team provides was worth the investment.

Elysa Coleman HomeWell Franchisee in Cypress, Texas

Mark Fratto

I was reluctant to join a franchise, but what drew me to HomeWell was their family feel; it wasn’t a corporate feel. HomeWell provides us with direction and gives us what we need but also gives us the freedom to do what we feel is best for our franchises.

Mark Fratto HomeWell Franchisee in Beverly Farms, Massachusetts

The environment feels nothing like corporate America. It truly feels like a team, as we all rely on each other—the owners, the corporate office—everyone.

Susie Lerma HomeWell Franchisee in Crossville, Tennessee

Vaishali Nileshwar

I chose HomeWell because I wanted to grow alongside a “growing company”. The HomeWell team is easy to work with and is so invested in my success. The enthusiasm is infectious! After talking to several other companies, I also believe the processes in place.

Vaishali Nileshwar HomeWell Care Services in Stafford, Texas

David Schloss

HomeWell was the best fit between improving lives and building a business. The HomeWell Corporate Team was a big reason I chose HomeWell.

David Schloss HomeWell Franchisee in South Palm Beach, Florida

Ronnie Taylor

The thing that stood out to me the most when deciding to join HomeWell was the transparency of the HomeWell corporate team.

Ronnie Taylor HomeWell Care Services in Cedar Park, Texas

Lou Romane

I have a lot of trust in the ownership. They listen to my needs and support me whenever I need.

Lou Romano HomeWell Care Services in Hackensack, New Jersey

Tim Spaulding

The leadership of HomeWell – they’re there for you – 24 hours a day. You can call them, and they’ll get back with you. You’re not alone.

Tim Spaulding HomeWell Care Services in Clackamas, Oregon

Get Started Today

HomeWell Care Services’ extensive franchising system is ready to bring you on board now. Start by taking our personality test to see if you’re a good fit for our franchise program, then download your franchise kit today!

Free Franchise Kit Contact Us

icon-angle icon-bars icon-times