Senior Care is regarded by many as one of the most likely growth sectors in franchising, as America's population is graying. It even made Entrepreneur magazine’s list of the Top 10 franchise categories for 2011.
There are some complexities in the industry though, as senior franchises differ between medical care and non-medical care. It’s helpful to have a reliable source to go to when the time comes to choose a franchise to invest in. The Franchise King has gladly created a sort of questionnaire on the senior franchise industry. Anyone looking to learn more about the industry should visit his Ask The Franchise King site.
He’s already provided answers to a woman named Leslie looking for advice on how to pick a senior business. He offered the following three tips
- Decide if you want to focus on medical or non-medical care
- Contact 3-4 after you decide, and arrange some calls with the fran-dev directors
- Ask lots of questions, and then contact franchisees and ask even more.
Ask your questions about the industry and keep an eye on the site in the near future for a response. You can’t beat free advice, ladies and gentlemen.