The Senior Care Franchises report, recently published by Franchise Business Review, has found the popularity and success of the senior care market leads the way across all of the franchising sectors. The reasons for the booming success include high levels of stability, competition and job satisfaction.
The report looked at more than 30 senior care franchise companies, and interviewed CEOs at some of the leading franchise brands. It also surveyed more than 1,300 franchisees.
The review stated that “senior care is a natural fit for franchising. It’s a business that’s highly regulated and systems- oriented, while, at the same time, highly personal.”
Ken Deary, managing director of Right at Home UK, has welcomed the findings and says this is further proof the home care market offers a fantastic franchise investment opportunity: “The findings of this report illustrate how the senior care franchising market is emerging as one of the most popular in all of franchising. This sector continues to offer real stability, job satisfaction and opportunity for growth. This is the perfect time for potential franchisees to invest, as the market is growing substantially and offers great rewards for excellence, dedication to customer care and hard work.”
In the report Michelle Rowan, Franchise Business Review president, says: “Senior care is a highly competitive industry, which means franchisors need to work twice as hard to make their franchise brands stand out to prospective franchisees. We see some of the best practices in franchise operations and leadership demonstrated in our top senior care companies.”
Franchise Business Review is a national franchise market research firm that performs independent surveys of franchisee satisfaction and franchise buyer experiences.