5 Benefits Home Care Franchises Provide

Published on February 23, 2017

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There are several reasons why home care franchises have enjoyed success over the past several years. Home care franchise systems continue to grow with new franchisors entering the scene.

There are certain aspects of the home care franchise sector that make it an attractive franchise opportunity.

Here are 5 benefits that set home care apart:

  1. The market for home care services is large and continues to grow. This growth provides franchisees the ability to grow revenues.
  2. The concept of a home care franchise is straightforward and simplistic. Providing home care services is not easy and certainly has its challenges, however, the product offering is not complicated. Some franchisors design a franchise system in a way that lends itself to being overly complex. In many cases, less is more.
  3. The royalty for home care franchisees is reasonable and franchisees aren’t saddled with additional fees and add-ons. Home Care has a lower average royalty rate than Personal Services and the overall Franchise Industry.
  4. Most home care franchisors provide software to their franchisees that enable the franchisees to operate their business more efficiently. Within the franchise industry, a number of franchisors fail to provide the software systems that home care franchisors provide.
  5. Among Home Care franchises, almost 100% provide a defined territory. Exclusive territories are the most valued, as they grant strong territory protections to the franchisee for the term of their franchise agreement.

These benefits help to make home care franchises one of the most attractive franchise concepts. The home care franchising sector is on a successful trajectory and differs from other franchise concepts. Franchisors in other business categories could take a lesson from home care franchising and apply these attributes to their own franchise operation.

Download our exclusive report on Home Care franchises here.

About the Author: Ed Teixeira
Ed Teixeira is a recognized franchise expert with over 35 years experience in the franchise industry. He has served as a corporate executive for franchise firms in the retail, manufacturing, healthcare and technology industries and was a franchisee of a multi-million dollar home healthcare franchise. Ed is the author of Franchising From the Inside Out and The Franchise Buyers Manual. He has participated in the CEO Magazine Roundtable Meetings with business leaders from around the country and spoke at a number of venues including the International Franchise Expo and the Chinese Franchise Association in Shanghai, China. Over the course of his career, Ed has been involved with over 1,000 franchise locations and launched franchise concepts from existing business models. Ed can be contacted at 631-246-5782 or ed.teixeira@franchisegrade.com.
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