Assisting Hands Home Care today announced today that Angella Morris of Aurora, IL has signed franchise agreements for two Chicago-area franchises, resulting in the 100th franchise territory for the in-home caregiving company. Ms. Morris is a Chicago native who joined Assisting Hands after working as a financial analyst consultant in the commercial insurance industry.
Assisting Hands started franchising in 2006, and in 2015, the company awarded more franchises than ever before. Company executives expect the growth to continue. According to the Administration on Aging, there will be about 98 million older persons in 2060, nearly twice the number of senior citizens today.
"Almost a year ago we opened our 80th franchise," said Lane Kofoed, president and CEO of Assisting Hands Home Care. "Now, after a decade of franchising, we are delighted to be celebrating our 100th franchise sale."
Kofoed was named president and CEO of Assisting Hands Home Care in 2011. Since that time, 66 franchises have been sold, and the company has been profitable every year.
Kofoed said Assisting Hands' extended business model appeals to entrepreneurs with both medical and non-medical backgrounds. Recent franchisees who have contributed to the growth have been educators, ambassadors and Fortune 500 executives with a head for business and a heart for helping others. Kofoed believes the company’s growth bodes well for the state of franchising in general.
Morris was drawn to Assisting Hands Home Care because her 96-year-old grandmother needed in-home care. She wanted a business that would help people like her grandmother, and she wanted to make a difference in her community.
"After doing my due diligence and looking into other franchises, I knew that Assisting Hands is where I wanted to be," said Morris. "I believe I can reach the personal and financial goals I have set for myself with Assisting Hands' training and support."
Richard Ueberfluss, who was recently named COO of Assisting Hands Home Care's national office, facilitated the agreement with Morris as the Chicagoland area representative. He said roughly 15 prime territories are still available in the region.