The homecare industry is ripe for growth and Homewatch CareGivers, the Colorado-based homecare franchise knows it. A feature article in Home Health Care News reports that Homewatch CareGivers is poised to continue its impressive growth streak in 2017 setting its sights on new locations in California, Minnesota, Pennsylvania, Florida and Texas. In just over a year, the homecare franchise has opened 15 new locations, with seven of them launching in the first half of this year.
Homewatch CareGivers franchisees are tapping into a market with a robust demand, one that is set to grow for decades to come. In fact, an AARP study found that 89 percent of seniors prefer to age in place, living in their homes. Such a trend increases demands for services from a homecare franchise such as Homewatch CareGivers. What’s more, the U.S. Census Bureau forecasts that people over the age of 65 will comprise about 20 percent of the U.S. population by 2030, which points to a sustained growth curve in the market.
CEO of Homewatch CareGivers Julie Smith, says the targeted expansion goals are in keeping with the two-pronged approach adopted by the homecare franchise: to support its existing roster of over 200 franchisees in 33 states while pursuing a concerted growth strategy to reach additional major metropolitan areas where demand is still unmet.
In the article, Smith shares that she’s a firm believer in the fact that businesses doing good and sustaining profits are not a mutually exclusive concept. She admits that sometimes the subject has been a delicate issue but Homewatch CareGivers, she says, can deliver value to everyone who touches the business, client and franchisee alike.
“You can provide amazing care and grow at the same time,” Smith says, “this is a very starved industry. We deliver strong outcomes and do good by doing good.”
Homewatch CareGivers service providers focus on the whole individual — both the physical and emotional health of a person. These principles are bound to deliver rich dividends as Homewatch CareGivers continues to expand. The homecare franchise is also expected to cement its already strong international presence in seven countries and expand abroad as well.
Become a part of Homewatch CareGivers’ expansion, learn more about how you can become a part of a successful homecare franchise.