Jun 19, 2024
This conversation explores the franchise model in the senior care space, specifically focusing on Home Helpers. The senior care industry is noted as one of the top five most profitable franchise sectors. Home Helpers offers a range of services, including home care, medical alert, medication management, and telehealth. The business model allows seniors to age in place and provides caregivers to assist with daily activities. The franchise model requires an initial investment, but the revenue streams and profit margins are high. The conversation also touches on caregiver recruitment, training, and the importance of collaboration between the franchisee and the franchisor.
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