senior care business | Senior Home Care Franchise

Small Home Care Market, Big Home Care Franchise Opportunity

Always Best Care franchise owners have found success across the United States, and most recently in Canada. While some franchisees choose to start their business in large markets, others opt to make an impact in smaller communities. In fact, some franchise owners prefer smaller markets over larger ones. So why do franchise owners in smaller markets enjoy as much success as those in larger, more populated cities?

Connection to Community – Always Best Care is a business that is very much community based, and as such our franchise owners can make an impact and enjoy success in smaller markets. This is especially true for those who grew up in a small community as they will already be well-connected, making it easy for their business to become a trusted resource in their community.

Low Cost Marketing – One of the most critical aspects of running a successful business is getting new customers. Because you live in a small community, you already have an established reputation and network within your community. Similarly, Always Best Care already has a recognized brand name in the senior care industry. When you combine the two you have a recipe for success starting from day 1 of opening your franchise.

Low Cost Recruiting – In order to successfully run an Always Best Care Franchise, you need to recruit the best senior caregivers for your clients. These employees won’t show up at your door – you will have to do some leg work to find the best caregivers for your business. Traditionally this is accomplished through recruiting efforts, such as placing ads online or in the paper. In smaller markets this task can be easier and more cost effective, as you may already know the best candidates for these extremely important positions, saving your time and money.

To begin the process of making an impact in your community, take a moment to read our FREE franchising eBook today to learn more about opportunities available with Always Best Care Senior Services.

Please refer to our most recent Franchise Disclosure Document for important details.

Success and Growth: A Meaningful Franchise Opportunity in Your Community

Over the last 60 years, the landscape of the franchise world has grown and evolved to an incredible degree. From franchises offering pressure-washing services and lawn care services to those offering tax services and even dog walking services, it’s safe to say that if you have a need, there’s a franchise nearby that can fill that need for you.

Of all the different franchise models, one in particular is growing at an astronomical rate: The senior care franchise industry. There were only 13 home care franchise brands in the year 2000, and that number has grown to 56 in-home care companies in 2014, according to industry research firm FRANdata.

According to a 2012 Bureau of Statistics report, the home care industry is the fastest growing industry in the entire United States. What’s more, demand for in-home care services will only increase, as the proportion of our population over the age of 90 is still widening.

In fact, between now and 2050 the percentage of seniors (65 and older) will continue to grow while all other segments will decline (Source: Pew Research Center). Because 10,000 Americans turn 65 every day, there is an enormous opportunity for high-energy men and women to have success operating a non-medical home care franchise.

Because in-home care franchises require lower investments, have the potential to generate high revenue, and cater to a growing demographic, the home care franchise industry is a very popular one. Franchise owners also typically have the benefit of utilizing a powerful combination of corporate and field representatives who are invested in franchise owner success, as well as marketing and training solutions to help get their businesses started off on the right foot.

To learn more about training, support and powerful marketing strategies for the senior care industry,
download our FREE franchising eBook for more information

Please refer to our most recent Franchise Disclosure Document for important details.

An Opportunity for Long-Term Success in the Fastest Growing Industry in America

For entrepreneurs, now is a better time than ever to invest in a home care franchise. According to a 2012 Bureau of Statistics report, the home care industry is the fastest growing industry in the entire United States. What’s more, demand for in-home care services like those provided by Always Best Care will only increase, as the proportion of our population over the age of 90 is still widening.

We are proud to say that Always Best Care Franchise owners continue to be more successful every year. Between 2010 and 2013, growth in franchise revenues outpaced territory growth by far, to the tune of 590.7%.

Our franchise owner’s success is due in large part to the training that they receive. Always Best Care’s training is divided into modules that combine field and classroom settings. One-on-one coaching and web-based seminars are also provided, giving franchisees a well-rounded learning opportunity. Caregivers are fully screened, and are also given the opportunity to train non-medical home care skills, increasing the quality of the home care services that our franchise owners provide to the community.

If you are a driven, compassionate individual with a desire to make a difference in the community that you serve, download a FREE copy of our franchising eBook to learn more about franchising with Always Best Care. We’re dedicated to helping our franchise owners succeed…always.

Please refer to our most recent Franchise Disclosure Document for important details.

Forbes: Senior Care Industry Top Ranked as Best Franchise Opportunity in 2014

Over the last 60 years, the landscape of the franchise world has grown and evolved to an incredible degree. From franchise organizations offering pressure-washing and lawn care to those offering tax return preparation and even dog walking, it’s safe to say that if you have a need, there’s a franchise nearby that can provide that service for you.

Of all the different franchise models, one in particular is growing at an exponential rate: the senior care franchise industry. There were only 13 home care franchise brands in the year 2000, and that number has grown to 56 in-home care companies in 2014 according to industry research firm FRANdata.

Entrepreneurial men and woman that own home care franchises are more successful than ever before, and especially so for those who own an Always Best Care franchise. Revenue for ABC franchise owners jumped from $9,557,240 in 2010 to $66,010,543 in 2013 (Source: 2009-2014 Franchise Disclosure Documents).

Because in-home care franchises like Always Best Care have a low overhead model, generate potentially high revenues, and provide services to a rapidly growing demographic, the home care franchise industry is a very popular one. Always Best Care, in particular, offers franchise owners the benefit of a powerful combination of corporate training and field representatives who are invested in franchise owner success, as well as award-winning marketing solutions to grow their business.

If you’re ready to make a difference in your community, download our FREE franchising eBook to learn why our training, marketing, and support have grown our franchisee revenue so dramatically.

Please refer to our most recent Franchise Disclosure Document for important details.

Five Ways to Retain Your Best Home Care Franchise Employees

Seasoned business owners know that few things are more costly than employee turnover. From picking up where an employee left off, to recruitment, training and new hires, the costs add up quickly. The expense of losing and replacing a single employee can easily add up to a whopping $50,000 or more.

Holding on to your best employees such as the best caregivers of your home care franchise for as long as possible requires that you create a rewarding environment where employees feel their work and input are valued. It is critical to develop trust with your employees and understand their career goals—open communication is key in this regard.

Here are some ways to build trust and keep your best and brightest staff on board for years to come:

Offer Praise — Feeling appreciated is a fundamental human need. All of us need to feel that we are making a contribution to the world and are valued. Acknowledging and rewarding an employee for their contributions benefits not only the employee, but the company. Employees who feel valued are more productive and report higher rates of satisfaction with their jobs, which frequently translates to better employee morale, increased customer satisfaction, reduced absenteeism and higher employee retention.
Foster Autonomy –– Whenever possible, and especially in jobs that require high levels of creativity, give your employees a say in their work and involve them in decision-making. Few people appreciate being micro-managed. Try coaching, rather than managing employees, and offer feedback regularly.
Recognize Individual Strengths — Recognizing employees’ individual strengths, talents and expertise, and capitalizing on those things will help your business succeed and will improve employee satisfaction.
Offer Tangible Rewards — Tangible rewards do not necessarily need to be monetary. A dinner with the company’s president, closing the office early the day before a holiday, or granting an employee a personal day after finishing a grueling project can all go a long way.
Make Ongoing Training Available –– Most employees are eager to learn and grow. Cross-training, offsite workshops and other learning opportunities can help keep your employees sharp, and it lets them know they are valued members of the company.

Investing in your employees and instituting policies and programs that help them feel appreciated will likely pay off in the long run, in terms of increased productivity, high morale and low turnover—all boons to your bottom line.

Always Best Care is one of the leading senior care companies in the nation, with nearly 190 franchised territories nationwide. Learn about the growing senior care industry and about franchising with Always Best Care on our website, https://home-care-franchise.alwaysbestcare.com/

Learn more about senior care franchising and download our FREE eBook!

Please refer to our most recent Franchise Disclosure Document for important details https://paperswrite.org/

Raising Business Start-Up Capital through Crowd Funding

Most of us are familiar with the traditional methods of obtaining funding to start a business—personal savings, angel investors, bank loans, even friends and family. Today a popular new means of helping people fund projects and start new businesses has emerged: crowd funding.

What Is Crowd Funding and How Does It Work?

Crowd funding brings donors/investors together with people seeking funding for their project or senior care business. This can include filmmakers, musicians, and business start-ups, as well as established businesses and people fundraising for social and political causes, among others.

The two main models of crowd funding are donation-based funding and investment-based funding. Let’s further break these down into specific kinds of funding.

Donation-based –– In donation-based funding, the donor doesn’t receive anything in return for their contribution, but simply contributes because they believe in the project or venture.

Reward-based –– Also known as “perk-based” funding, in reward-based funding the donor receives some type of reward, often a copy of the product they donated to help create, or sometimes a discount for services.

Lending or debt-based –– In this model investors lend money with the expectation of future repayment with interest. This type of crowd funding may be more likely to attract funders since it generates a return for the investor.

Equity investment –– Until the JOBS Act was passed, this type of crowd funding wasn’t possible, due to SEC regulations. With this model, funders receive an ownership interest or a portion of the profits from their investment.

Royalty-based –– Once the project or venture is generating capital, this type of funding gives investors a percentage of that revenue.

Crowd funding and lending have exploded in recent years, and will likely increase in popularity. While crowd funding can present a viable means of obtaining needed start-up capital, it’s important to read the fine print carefully and understand the fee structures, which can typically be found in the FAQs section of crowd funding websites.

Always Best Care has over 200 senior care facilities nationwide and has established itself as one of the best home care franchises in the nation.

If you’re ready to make a difference in your community, download your FREE copy of our senior franchising eBook to learn why Always Best Care’s training, marketing, and support have grown our franchisee revenue so dramatically.

Please refer to our most recent Franchise Disclosure Document for important details.

When Your Loved One Is Unaware of Their Dementia

Working with individuals who have dementia or Alzheimer’s can be challenging. A puzzling and frustrating part of these conditions is the lack of self-awareness that most patients exhibit about their condition. It is not about denial, however. Up to 81 percent of those with Alzheimer’s do not know they are ill. The medical term for this lack of self-awareness of illness is anosognosia.

Causes of Anosognosia

It has been difficult for the medical community to pin down exactly what causes anosognosia. Researchers believe the condition results from anatomical changes or damage in the brain. Working with those who don’t recognize they are ill can be difficult and frustrating for caregivers, especially because an anosognosic person with dementia may insist they don’t need help despite their difficulties with routine tasks. They may also refuse medical treatments, some of which may help them realize they have a mental impairment.

Signs of dementia with anosognosia include:

Becoming angry when confronted about forgetfulness, lack of personal care or problems with decision making
Neglecting personal hygiene and other daily tasks
Difficulty managing bills and money
Insistence on driving or operating machinery when it is unsafe to do so

One of the biggest mistakes a caretaker can make is trying to make a person suffering from dementia with anosognosia recognize their condition. The best thing a caretaker can do is to mitigate the effects of the condition. Here are some tips for effective communication:

Use positive, gentle communication, and be encouraging and empathic.
Devise a structured plan with specific times for bathing and personal care, shopping and other daily chores.
Avoid attempts at making the person understand his or her condition, and never say things to shame the person for their forgetfulness.
Hire an aide from a home care business for help with everyday tasks and care.

Assisting those with dementia can be a real challenge, but it can also be a rewarding experience for home caregivers and elderly care franchise owners alike. By exercising empathy, patience and good will, caretakers often learn and grow in the process, and provide much needed care to the elder generations that once cared for us.

Alzheimer’s disease affects 5.4 million Americans and, by the year 2050, researchers predict that 1 in every 45 people will have this debilitating disease. At Always Best Care, we know that extra attention and tender, compassionate care must accompany every service we provide.

If you’re ready to make a difference in your community, download your own copy of our FREE senior care franchise eBook to learn why Always Best Care’s training, marketing, and support have grown our franchisee revenue so dramatically.

Please refer to our most recent Franchise Disclosure Document for important details.

Franchise with Always Best Care

Always Best Care offers franchise opportunities throughout the United States, plus Canada, Germany, Australia and the United Kingdom. Always Best Care has been synonymous with the highest standards of service since 1996, when founder Mike Newman realized the need for exceptional, trusted professional care for senior citizens. Now you can deliver the same high quality of services to people in your community by opening an Always Best Care franchise.

The number of senior citizens is growing at a robust pace. Each day, 10,000 Americans celebrate their 65th birthday. This means an Always Best Care franchisee can expect an ever-growing marketplace as more men and women reach retirement age.
A handful of these individuals need medical care; many more could benefit from non-medical home care, such as help with grooming or moving around the house. The non-medical home sector is enjoying an upward trend as these seniors and their families realize the benefits of non-medical home care.

As an Always Best Care franchise owner, you will benefit from three different revenue streams: Assisted living finder services, non-medical in-home care, and skilled home health care. This three-pronged approach to revenue allows you to increase your bottom-line in more than one way.

Learn more about senior care franchising and download a copy of our FREE senior care franchising eBook today!

Please refer to our most recent Franchise Disclosure Document for important details.

Be a Part of One of the Best Franchises for Minorities

Minorities in the US play a vital role in business and are an engine of employment in emerging communities and in the senior care industry. According to the US Department of Commerce, in 2002 there were 4 million minority-owned businesses, which employed 4.7 million people and grossed $661 billion. If these businesses had matched the population of minorities in the country, however, we would have expected numbers in the range of 6.5 million businesses employing 16.1 million workers and grossing over $2.5 trillion, according to a Department of Commerce report¹. This disparity illustrates that minorities still face obstacles to becoming business owners in the US.

The Biggest Obstacles Facing Prospective Business Owners

One of the greatest obstacles for minorities continues to be lack of access to capital. Minorities are more likely to be denied credit and pay higher interest rates on loans, according to the report. Individuals looking to own and operate a franchise need initial capital to start the business, as well as working capital and business loans to grow. Because of our current financial environment an even greater burden is placed on minority entrepreneurs struggling to keep their businesses alive.

Work with One of the Best Franchises for Minorities

The Department of Commerce report illustrates the obstacles minorities face as entrepreneurs and business owners and the need to ensure that business opportunities are equally accessible to everyone. Always Best Care is proud to have been named one of the top 50 franchises for minorities by the National Minority Franchising Initiative. Always Best Care was also named one of the top low-cost franchises in the country.

Starting a non-medical home care franchise is an excellent opportunity for people from all walks of life and an opportunity to help meet the growing need for quality senior care in the US. Explore our website to learn more about franchising with Always Best Care.
Learn more about senior care franchising by downloading our FREE eBook.

Please refer to our most recent Franchise Disclosure Document for important details.

Tips for Greening Your Senior Care Business

Being “green” isn’t just a trend anymore—companies are recognizing the importance of long-term sustainability and that going green can help improve their bottom line. Below are some tips for helping the planet and saving some money for your company, whether you operate home care business or other business.

Use CFL or LED Lights –– Compact fluorescent lights and LED lights last significantly longer than traditional incandescent light bulbs and use less energy. Despite the higher initial cost of CFL and LED lights, switching to these energy-efficient bulbs could save you hundreds each year.
Reduce Paper Consumption and Switch to Post-Consumer Paper Products –– Paperless offices are the new normal. With advancing technology people can compose, read and transmit documents digitally without ever having to print a copy. Resist the urge to print all of your documents, opting instead to use digital copies. When you absolutely must print documents, use post-consumer recycled paper. Stock your break room and bathrooms with post-consumer recycled paper.
Replace Old Appliances with Energy Star Models –– Old appliances can be real energy guzzlers. Look for new appliances with the Energy Star label, which helps you assess the energy requirements (and the cost to run) the appliances. A larger up-front cost is worth the long-term savings.
Power Your Office with Alternative Energy –– Many utility providers offer consumers energy from “green” sources like wind and solar, geothermal and hydropower, depending on where you live.
Make Company Vehicles Hybrids or Alternative Fuel Vehicles –– While hybrids and alternative energy vehicles often have higher up-front costs, drivers typically save money on gas in the long run. The higher sticker price of a hybrid vehicle should be offset by the savings in fuel costs, for immediate savings.

These are just some of the many ways companies can be part of a more sustainable future and save money in the process.

Learn more about senior care franchising and Learn more about senior care franchising by downloading our FREE eBook.