Home care franchising continues to thrive as a result of supportive franchisors and a growing and sustainable demand for services.
StonyBrook,NY (PRWEB) January 29, 2015
FranchiseKnowHow has released its fourth annual report on the franchise home care sector. The report indicates that the home care franchise sector remains healthy with solid growth and includes a number of key statistics that point to the success of the home care franchise sector. The report includes a list of the Top 10 Home care franchises, headed by Visiting Angels, that is based upon FranchiseGrade.com’s® proprietary Franchise Performance Index™. In addition, there is benchmarking to the franchise industry for home care franchisee turnover, growth and SBA lending data...
The report presented by FranchiseKnowHow is the first that represents a collaboration between FranchiseKnowHow, LLC and franchisegrade.com. Ed Teixeira, President of FranchiseKowHow stated: “We are pleased to include FranchiseGrade.com in this project and to present analytics, data and analysis from their extensive data base of Home Care Franchise Disclosure Documents.”
Jeff Lefler, CEO of FranchiseGrade.com commented: "The home care sector has seen substantial growth in both the number of franchised locations and number of new franchise systems. This sector shows no signs of slowing down and will continue to outpace other franchise sectors."
The National Center for Health Statistics predicts that by 2020 there will be more than 10 million people in the U.S.over 65 with Activities of Daily Living limitations including almost 2 million who will be severely disabled. The market for home care services isn’t limited to the elderly, but also includes others that can benefit from the advantages of receiving home care services.
To obtain the report, visit FranchiseKnowHow.com and click on the PDF download.
Ed Teixeira, President of FranchiseKnowHow has spent16 years in the franchised home healthcare sector as a senior executive for a publicly traded home care franchisor and as the franchisee of a multi-million dollar home health care operation. He was also Chief Operating Officer of a franchised medical staffing company. For more information about FranchiseKnowHow and to contact Ed Teixeira, e-mail franchiseknowhow(at)gmail(dot)com or call (631) 246-5782
FranchiseGrade.com is the leader in competitive market research and data collection for the franchise industry. The franchise data gathered by FranchiseGrade.com can be used to analyze, evaluate and explain a wide range of business activities within the franchise industry. Our franchise assessment, grading and standardized reporting tools provide industry stakeholders and investors with important data driven metrics to support their investment analysis and decision making. For additional information visit FranchiseGrade.com