Franchises of the home and senior care industry provide both medical and non-medical assistance for families and individuals in need. The types of services provided include:
• Companionship
• Meal Preparation and Feeding
• Housekeeping and Laundry
• Help with Errands
• Medication Reminders
• Infusion Therapy
• Incontinence Care
• Live-in Care
• End of Life Care
Home care can be divided into three major categories:
• Companion care: this includes visits to older adults to keep them from being lonely and helps them maintain a level of socialization.
• Personal care: this is a little more involved and includes assistance with feeding, toileting, meal prep, and transportation
• Skilled nursing care: this includes many services typically conducted in a hospital or health care facility.
Over the last decade, the industry has exploded, mainly because people want to convalesce or age where they feel most comfortable, at home. The US is expected to need 2.3 million new healthcare workers to care for the aging population by 2025. AARP reports approximately 76% of Americans over 50 say they want to grow old in their own homes. Since the pandemic shut down senior care centers to family and friends for months, people are now wary of being separated from their family if they go into a facility. Being an owner of a franchise of a home care franchise is very rewarding. Franchise owners in this industry help families keep their loved ones at home instead of having to place them in an assisted living or skilled nursing facility.
If care giving isn’t the route you want to go, but you’re interested in being a part of this growing market, there are other ways to be part of the industry. There are franchises that handle all aspects of estate sales as people downsize or pass away, franchises that provide senior care location services and there is the role of managing a senior care franchise without being hands-on with day-to-day care as a CEO.
There are many strong brands to consider in this industry. Contact me [email protected] or 413-935-5111
Source: Franchise Direct
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