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Franchise Trend Watch...

Senior Care Franchises: The next big thing... The latest trend occurring within the franchise industry relates to an explosion in senior care franchises and the baby boomer generation retiring in the next few years. According to the US Census Bureau the senior market (individuals over 60) will grow by 81% in the next 25 years. This makes the senior care franchise industry the next big trend to be extremely profitable within the franchise industry.

elderly couple

The baby boomer generation is the most profitable market group for franchise businesses within the senior care industry. Why? Because the baby boomer generation controls 70% of the nation’s disposable income, making them more affluent than any other generation that came before them. This means when the baby boomer generation retires- they will be able to afford in-home senior care services such as cooking, cleaning, grocery shopping, medical assistance and much more. Potential franchisees should consider investing in senior care franchises that are established now to provide in home support services when this generation retires. View the following list of senior care franchises providing unique senior care services and find one to suit your interests. Invest in the next big franchise trend and ride the wave to franchisee success! For more information on the next big franchise trend, please leave me a comment and I’ll get back to you… Franchise Reporter
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