With an increasing number of baby boomers becoming senior citizens, the demand has risen for assisted living franchises. With total annual revenue of approximately $185 billion, assisted living franchises are for those entrepreneurs that not only want to be financially successful but enjoy a rewarding profession taking care of who need assistance at home:
- The elderly;
- Those that are physically or mentally disabled.
Through the VR Franchise Showcase
, you can achieve your goals of entrepreneurialship in the assisted living industry
by buying a franchise
. Franchises have a distinct advantage over the competition because of the support they receive from the franchisor through:
- Training courses in how to operate the franchise;
- Advertising and marketing;
- Site selection and grand opening assistance;
- Continued support during tenure of ownership.
A successful assisted living franchise owner will have to operate efficiently with government insurance programs such as Medicare and Medicaid controlling the revenue per patient. You can compete effectively with the larger competition in the area through offering better hands-on, quality service.