Currently, the senior population is growing at a surprising rate, which offers many benefits to individual franchise owners. However, this trend also offers benefits on a larger scale, impacting the industry as a whole. In this post, we will discuss some of the current and predicted trends for the home care market along with the potential reward that it offers franchises.
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The senior population is expected to continue growing for the next several decades, with the total number of seniors surpassing the number of children for the first time in US history. These staggering statistics indicate many unknowns for the US economy. However, it does provide assurance to potential home care franchisees. As the number of seniors continues to rise, the prospects for home care businesses increases as well. In this post, we will review how some of the benefits this shift in the population offer rewards for home care franchises.
Franchise owners are responsible for every aspect of their business, and that includes hiring the best talent. With a good team, you can build synergy that will carry your business to the next level. But finding that talent can be difficult. When you are looking to fill the various positions at your business, it’s important to consider the role first. The responsibilities of the role will help guide you as you look for individuals who will be successful. In this post, we will review the qualities to look for in key job positions at a home care business: caregiver, manager, and marketer.
Andy Gillen is one of our amazing multi-location owners. Currently, Andy owns and operates 6 Caring Senior Service franchise locations: San Antonio, Corpus Christi, McAllen, Amarillo, Austin, and Nashville. As the owner of multiple home care companies, Andy knows how important it is to delegate responsibilities and trust your team. Learn more about Andy’s journey to become a franchise owner and get some tips on managing locations across state lines.
The future of retirement for many American’s doesn’t look so good. In fact, almost half of American families don’t have retirement savings. With depleting savings accounts, rising cost of living, and the financial strain on Social Security, many adults are uncertain about their financial future.