Owning a Senior Care Business, Why The Time is Right Now!
Did you know that in the next 5 years there will be more than 14 million people in the United States over the age of 85? Those are some pretty astounding figures!
More than 83% of those people will continue to want to live in their own home.
In order for these aging adults to stay in their homes, more than half of them will need assistance with daily living activities.
Now is the perfect time to start your career as a Solution Provider with Sunlight Support Senior Care Solutions. This is different than purchasing a Senior Care franchise. And here’s why:
For most, the reality of owning a senior care business seems overwhelming. The financial investment required of most franchises makes it very difficult for those with caring hearts to enter and provide this much needed care. With varying degrees of verification, one might expect to prove a financial net worth between $40,000 and $260,000. You may even need liquid capital amounts ranging from $25,000 to $150,000 in order to even get started. Yikes.
(That’s not the case with Sunlight Support – but read on to find out why…)
For the traditional franchise model, you have to prove your net worth first. Then the franchise license is an investment of between $20,000 and $90,000. For most, owning a senior care business, or a non-medical care service franchise runs between $35,000 to $48,000 with some extending on to around $90,000. The franchise license grants you the ability to use the home care franchise name. It also assigns a territory that the franchisor and you negotiate. Keep in mind this could limit your service coverage area. This is definitely a consideration for long-term growth.
After you’ve signed the check, your license could include training, which is typically 5-7 days held at their headquarters. Travel expenses for training is often at your expense. Then it’s up to you to use the training and take massive action to make your business happen.
So, you’re up and running and ready to sign your first clients — Congratulations! Oh, wait…there is one more thing. The on-going costs to start a senior care business using a franchise are the ongoing monthly royalties you’ll pay, ranging from 3% to 7%. Most royalties are based on your gross revenues. They are not based on net profit for the duration of the Terms of the Franchise Agreement typically between 5 and 10 years.
Owning a Senior Care Business Shouldn’t Cost So Much!
Sunlight Support doesn’t work that way. Because you shouldn’t have to be rich to consider owning a senior care business! There is a better way.
At Sunlight Support Senior Care Solutions your path to your dream of running your own non-medical in-home senior care business will be much less financially demanding. We believe that all you need to become successful is the following:
- You feel satisfied when helping others
- You want to be part of a company that is making a difference
- You are a good communicator
- You understand a need to be compassionate and professional
- You have the backing of a dynamic business model that allows you to offer a full care continuum of products and services.
Owning a Senior Care Business: Build Your Company On Your Terms
As a Sunlight Support Authorized Solution Provider you will be given the opportunity to build your business in an unlimited territory.
In addition, Sunlight Support will kick-start your business with locals leads and, at no expense to you, the assignment of a Corporate Account Manager to make sure that you have everything you need to be successful. Your Corporate Account Manager will be with you every step of the way. We also offer specific marketing and operational support to help you be the most successful you can be when owning a senior care business!
What are you waiting for? Come join the Sunlight Support Senior Care Solutions family now!
Call our senior care team at 866-430-1161 or email us at firstname.lastname@example.org.