Low-Cost Senior Care Franchise: HomeCare Advocacy Network
Low-Cost Senior Care Franchise: HomeCare Advocacy Network
If you’re considering the option of business ownership but are constrained by a limited investment budget, you’re not alone. Many aspiring entrepreneurs face similar challenges. However, less capital shouldn’t deter you from pursuing your goals in the rewarding field of senior care. HomeCare Advocacy Network (HCAN) stands out as a strong low-cost senior care franchise opportunity, offering a unique blend of affordability, comprehensive support, and a proven business model.
The Senior Population Needs Care
It’s no secret that the U.S. population is aging – and quickly. Research shows that by 2040, there will be approximately 80.8 million Americans aged 65 and older. During COVID-19, many nursing homes and senior care facilities struggled with controlling the spread of the virus. After becoming some of the biggest hotspots in 2020, more seniors have stressed their strong desire to age in the comfort of their own homes.
And the need for senior care will only continue to grow. PBS noted that fewer children were born between 2010 and 2020. Due to the high cost of childcare, healthcare, and housing, many millennials are putting off having children, or not having them at all. With younger generations deciding against parenthood, the number of family caregivers will dwindle – increasing the necessity for senior care agencies.
Why Choose HCAN as Your Low-Cost Senior Care Franchise Opportunity?
As demand for reliable care grows, there has been a steady rise in senior care franchise opportunities. Here’s why HCAN stands out in a booming industry:
- Affordable cost of entry: HCAN provides an accessible business opportunity. Our home care franchise cost ranges between $116,650 and $161,000 – including our $55,000 initial franchise fee. This allows even the newest of entrepreneurs to own a business in senior care without excessive financial strain.
- Comprehensive training and support: From the outset, franchisees receive extensive training, covering all aspects of running a successful home care business. This includes marketing, operations, and specialized caregiver training. When you franchise with HCAN, you’ll be connected to a team of industry professionals committed to providing you with the tools necessary to grow your business. Additionally, we have a caregiver-centric style to our training. We understand that confident and knowledgeable caregivers provide the best care.
- Innovative caregiving approach: We focus not just on the physical needs of seniors but also on their emotional and social wellbeing. Mental health can make a large impact on a person’s physical health. Keeping our clients mentally strong is a big priority of ours.
- Scalability: HCAN allows franchisees to have exclusive territory rights to multiple markets. We also encourage growth by offering our franchise partners a discount on our initial franchise fee should they agree to open more than one location. Unlike a senior care facility, growing a home care business isn’t quite as daunting. Since clients are taken care of in their own homes, there isn’t a need to own a large building. HCAN franchisees only need a simple office space to house any inventory and complete administrative tasks.
Get Started with HomeCare Advocacy Network
Franchising with HCAN means joining a network that values quality care, fostering strong relationships, and pursuing the success of others. With our low-cost home care franchise model and strong brand reputation, you can start your business with confidence.
We have ample territories available for investment nationwide. All of our markets are delineated by ZIP code, and each area has a population of approximately 10,000 to 30,000 individuals aged 65 or older.
If you’re ready to make a difference in the lives of seniors while building a sustainable and rewarding business, HCAN is the perfect partner. Take the first step toward investing in the growing senior care industry. Get started today to learn more about our franchise opportunity.
