It’s impossible to argue with cold, hard stats. And the statistics indicate that investing in the home care industry is a good idea. In addition to a growing population of seniors, those who own home care businesses, like CareBuilders at Home franchise partners, benefit from a large potential market, shifting trends in senior care and the simple fact that people prefer to age in their own homes with dignity.
Approximately 10 Million Americans Rely on Paid Home Care Services
There is no single business that can serve every single person, but knowledgeable businesspeople, like yourself, should always consider the size of the market and the industry they are considering entering. And the potential of the home care industry will continue to grow as Baby Boomers age into retirement and need help aging in place.
According to Florida Today, roughly 10 million Americans rely on paid home care services. Some of these people rely on home care businesses in the short term, like during the recovery period after a surgery. For others, home care is a long-term solution that is more favorable than assisted living or nursing homes. Regardless, when you franchise with CareBuilders at Home, you are franchising in an industry with a huge client base—and huge potential.
More Than 2,300 Long-Term Care Facilities Have Experienced COVID-19 Cases
While the COVID-19 pandemic has been undoubtedly devastating for countless individuals, it has presented new opportunities for the home care industry. It’s estimated that 40% of all COVID-19 deaths have occurred in assisted living or nursing home residents. This startling figure is one major reason that seniors who otherwise would leave their homes in favor of full-time care are instead employing professional home healthcare businesses like CareBuilders at Home.
Thousands of long-term care facilities experienced COVID-19 cases within their populations. Home care businesses, like CareBuilders at Home, reduce this risk for our senior clients. It is impossible to say for sure how the COVID-19 pandemic will permanently change senior care, but it is predicted that this increase in demand for home healthcare services is here to stay.
Nine Out of Ten People Want to Stay in Their Homes
Even before the COVID-19 pandemic, an overwhelming majority of people wanted to age in their own homes. Simply put, home care businesses make that dream a reality for millions of Americans each year. Home care is a good investment because it is the option 90% of us will choose, if our health allows for it.
Your home care business could be just what nine out of ten members in your community are searching for. When you franchise with CareBuilders at Home, you provide seniors in your community with the ultimate option for aging in place with dignity.
The numbers prove that home care is a good investment. You can be a part of our industry by franchising with CareBuilders at Home. You could make the difference for countless seniors who want to age safely and with dignity in their own homes. Start your CareBuilders at Home franchise journey by reaching out to us for more information.
