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. Explore how home care franchising is evolving and staying ahead of 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.
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:
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!