6 reasons to start a home healthcare franchise
Post on 21-Oct-2014
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DESCRIPTION6 Reasons to start a Home Healthcare Franchise
6 Reasons to start aHome Healthcare Franchise
7,000 people a day turn 65 and people over 85 represent the fastest growing population
segment and the wealthiest.
The need for home healthcare is growing rapidly right along with the senior population.
An increasing number of families are confronted with the challenge of finding a quality care solution each and every
AARP research shows that 90% of people want to grow old in their home and community.
Here are 6 Reasons to start a Home Healthcare Franchise
1. Favorable Aging Demographics2. Make a Difference 3. Senior Care and Homecare Industry - A Booming Market4. From an investment perspective5. Not Affected by Recession6. Skill Requirements
Favorable Aging Demographics
For the first time in history, people age 65 and over will outnumber children under age five. This trend is
emerging around the globe. Today, almost 500 million people are age 65 and over, accounting for
over eight percent of the worlds population.
By 2040, the numbers of people 65 years and older is projected to increase by 160
percent while people 80 years and older is projected to increase by 233 percent.
According to entrepreneur.com Seniors are the world's fastest-growing population, making services aimed at them-in-home care, financial planning,
reading material and so on-a strong bet for success.
As the world ages at unprecedented rates, there is an ever-increasing need for quality home healthcare and
Make a Difference
With a home healthcare and medical staffing franchise, you will make more possible - for the
families, their loved ones and healthcare facilities you care for. This is one of the few businesses
where you can feel great about and know that you will have an immediate and profound effect on
many different people.
You will make a difference not only in the lives of others, but also your own! You will be able to give back and
become a positive influence in your community.
Senior Care and Homecare Industry - A Booming Market
The future of homecare industry is very bright as the largest and fastest growing market segment in the
U.S belongs to the seniors.
These segments of the market tend to have greater than average healthcare needs and are growing faster than the total population, increasing the demand for home
health services and all types of senior care.
The home health care services industry has experienced sales growth of 11.2% over the past year, making it the fastest growing industry in the
U.S., according to Sageworks, a financial analysis company.
The demand for these services will continue to expand in the coming future.
From an investment perspective
According to a special report conducted by Franchise Business Review.
From an investment perspective owning and operating a successful senior care franchise can be very fulfilling
emotionally and financially.
Not Affected by Recession
By 2012, in the U.S., there will be over 40 million people over the age of 65. People over 85 represent the fastest growing population segment and studies
indicate that 75% of the wealth in the U.S. is controlled by senior citizens.
Considering this fact, there will always be a growing demand for quality care.
The senior healthcare care industry is one of the few businesses that is not affected by recession and provides
lots of opportunities.
Medical expertise is not essential in order to start a health care and medical franchise. Good leadership skills and qualities with strong management and/or
marketing sales backgrounds is a prerequisite. What is absolutely necessary is a passion to succeed.
You need to be compassionate and caring.
With a home care franchise opportunity, you will build a business that will help people keep parents and grandparents in the comfort and familiarity of
their own homes.
The demographics are right; the business model is sound; all thats missing is you!
BrightStar is the first senior home care franchising company to specialize in both medical, non-medical
homecare and medical staffing.
BrightStar Care consists of 170+ franchises that provide homecare to anyone who needs it, from children to
seniors, and medical staffing solutions to individuals, families and organizations nationwide.
What Makes BrightStar a Great Healthcare