Investing in a Senior Helpers senior care franchise combines two of the most rewarding career choices one can make: owning your own business and helping care for the elderly members of your community.
These two career paths come together, helping you to make a huge impact on your community, the local economy, and your own financial standing – simultaneously.
Before you invest in a Senior Helpers franchise, go ahead and ask yourself, “Why should I invest in this industry?” The answer is right here:
- Benefit from high demand in the industry
- Stimulate the economy
- Provide a necessary service
- Make a difference in people's lives
- Learn from your clients
By 2057, it is projected that there will be 8.8 million older people in Australia – 22% of the population.
Source: Australian Institute of Health & Welfare 2018
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Benefit from the Industry’s High Demand
As of January 2018, Australia’s older generation (persons aged over 65 years) continues to grow and is projected to double by 2057. 15% of Australia’s population are aged over 65 years and this is expected to grow to 22% (8.7 million) by 2056.
This trend of a growing population of people 65 and older is true worldwide, not just in Australia. All over the world, the baby boomer generation is retiring and aging, increasing demand for quality elder care in virtually every country, city, and neighbourhood.
Stimulate Your Local Economy
As a business owner, you will stimulate your economy in a few major ways.
- First, by creating jobs, you will help feed families and pay mortgages
- Second, by working at a community level, small businesses encourage innovation across all sectors (not just in aged care).
- Third, the taxes that you pay go directly to your community's police force, schools, libraries and more.
These are just some of the ways that small businesses positively impact the communities in which they operate.
Provide a Service in Your Community
With the growing numbers of elderly people in every corner of Australia, the need for community support is also going up. Owning a home care franchise will allow you to provide a necessary service to the people and families in your community. Home care is an all-encompassing term that includes everything from light housework to companionship, and as the elderly population grows these services become even more crucial.
Make a Difference in People’s Lives
Far too often, the elderly feel as though they are a burden on their families and loved ones because they require care and assistance with everyday things. Additionally, family members who provide care to their loved ones can suffer from burnout, feeling like they don’t get to enjoy their loved one’s company anymore. These are two tragic realities that come with an aging family member, and these issues have the potential to compound with an aging population.
The good news is that home care providers can step in to provide a lot of that necessary care to help ease both the client and the family members. The care from a Senior Helpers home care franchise can have an enormous impact on people’s lives. Clients feel safe, secure, and attached as they continue to age in their own homes, while family members are free to enjoy relationships again. Home care truly provides a beautiful solution for many people.
Learn from Your Clients
Interacting with the elderly is incredibly rewarding. Even though, as franchise owner, you may not be interacting daily with your clients, you can still learn a lot from their wisdom and experience. Spending any amount of time with the elderly is illuminating as they share their stories from growing up in a different time and seeing how things change.