Reasons to Franchise: Why is this a good franchising opportunity?

A Growing Senior Population As the population grays and lives longer, the demand for the senior care has become a priority.

According to the US Census Bureau, the number of older adults will continue to grow faster than any other age segment. As their numbers grow, their families require help caring for their special needs. However, the elderly have resisted entering institutions which means adult day services is poised perfectly to assist the elderly as they continue to live at home.

Why Franchise instead of opening a new business?

Franchising offers an opportunity for those seeking an independent business, but needing assistance in providing services to the elderly that reflects best business practices, maintains high standards of care, and promotes profitability. The franchiser provides an opportunity to develop the enterprise while providing structured guidance and assistance in all aspects of business operation. Rather than facing unforeseen risks associated with starting a new business franchisees receive instruction and training in areas ranging from management to personnel to marketing.

Trends in Care Giving

• The senior population will increase drastically between the years 2010 and 2030 when the "baby boom" generation reaches age 65.
• Elderly Adults, age 85 and older are the fastest growing sub group and is expected to double its number to 7 million by 2020.
• 73% of caregivers are employed either full or part-time.
• Data from the 2000 U.S. Census Bureau predicts that older adults, age 85 and older, will increase from current 1 in 8 to 1 in 6 by the year 2020 and 1 in 5 by the year 2050.
• 80% of all care provided to older people in our country is provided by family members.
• As people live longer the demand for health-related services tend to increase.
• The number of Americans of age 65 is expected to increase from 34 million in 1995 to 62 million by 2025.
• 70% of older adults rely on the assistance of informal (non-paid) caregivers such as spouses and adult children.
• The majority of caregivers are between the ages of 45 and 65 (43%) with 24% being between the ages of 65 and 75.