Talk on the Street
Talk on the Street
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Senior Franchise Opportunities – The Need for At Home Care
An ever-increasing ageing population means there is a greater need for at-home care services. And franchising is stepping in to fill the demand.
Ageing Population Fuelling Need for At-Home Care
As the huge baby boomer population ages, the demand for aged care services is continually increasing. The majority of baby boomers, generally defined as those born between 1946 and 1964, are now into their 60s and 70s and well within the retirement age bracket. With the number of retirees expected to reach more than 54 million over the next few years, this age group is predicted to make up around 20 percent of the entire U.S. population, the single largest age demographic in the United States.
“Never before have we seen a need for aged care service like we are experiencing now,” says Derek Cafferata, CEO and President of franchise experts All State Franchise Finders. “And the only realistic way of dealing with this increasing demand is to offer at-home care wherever possible.”
At-Home Care the Choice Over Live-In Facility Care
Apart from the fact that there is a limited supply of live-in facility spaces available, many retirees would prefer to stay living in their home for as long as is possible.
Whether it’s a financial, practical or family reason why an elderly person prefers to live in his or her own home, the access to at-home care services is vital in enabling a person the option to remain living where they feel most comfortable.
As part of the Patient Protection and Affordable Care Act (PPACA), there is a strong drive to offer more affordable and accessible health care to the elderly, and one of the most significant ways to achieve this is by offering greater at-home care services. Disability, mental illness and dementia are some common examples of where at-home care services can enable elderly people to stay living in the comfort of their own home.
Leading Senior Franchise Groups Offering Extras
According to Derek Cafferata there are some franchise opportunities within the at-home care industry that stand out above the rest.
Complementary services like home management and organizing, family carer respite, personal grooming services, alternative therapies and mobility and travel services are just some of the ways some franchises are gaining momentum within this aged care industry.
“Franchises that offer additional services and the use of monitoring and technology are identifying themselves as market leaders,” says Derek. “If you’re looking to get into the aged care industry, then choose a franchise that offers additional services to complement the standard home care services.”
Franchise Experts Helping Entrepreneurs into Senior Franchise Opportunities
Finding the right franchise can be a daunting and seemingly overwhelming task. Franchise experts are able to guide you through this process with the skills, knowledge and experience needed to help you make the right decision to reach your financial, career and lifestyle goals.
Derek Cafferata and his team at All State Franchise Finders bring a wealth of knowledge and experience to guide you through the process of franchise selection, contract negotiation, financing and setup, enabling you to reach your dreams of franchise ownership. To contact the team at All State Franchise Finders, call 1-800-544-2161 or visit allstateff.com today. All State Franchise Finders – your franchise experts!