What Impact on Home Care Services Will the Baby Boomer Generation Have on Our Industry? Plenty!
If you’re ready to be in business for yourself but not by yourself in an industry that is poised for explosive growth, an Executive Home Care partnership is something to seriously consider. Given the huge impact on home care services the Baby Boomer generation is having and will continue to have for the foreseeable future, our industry couldn’t be more robust or important. Here, we’ll look briefly at the influence and impact on home care this demographic is having on our industry and how they’re shaping its future — one you’ll want to be part of!
Who are Baby Boomers?
Baby Boomers are generally defined as those born between 1946 and 1964, individuals who today are between the ages of 57 and 75. Right now, there are roughly 70 million people in this category, a significantly large population as compared to other age groups, and it’s only going to grow.
By 2040, around 20% of the US population will be 65 or older, enjoying longer life expectancies and bringing with it the need for high-quality senior care services, like those provided by an Executive Home Care franchise. This need has been exacerbated by the Covid-19 pandemic, which continues to create challenges in assisted living situations and nursing home facilities. As a result, more and more Baby Boomers plan to age in place — that is, at home. At the same time, some industry estimates predict 27 million people will be in need of long-term care by the year 2050 — double the number who required these services in 2000!
What all this underscores is the immediate and massive impact on the home healthcare industry Baby Boomers are having, a pressure that will continue to drive the market for decades to come.
Why Partner with Executive Home Care Franchise to Offer Senior In-Home Services?
We’re passionate about our industry, its drivers and growth, and the people who rely on it. Our first priority has always been to the seniors and families who turn to us for expert care, and it’s our dedication to the client experience that’s allowed us to stand out in a competitive field. We’re a trusted and respected brand that communities can count on, and as an Executive Home Care franchisee, you’ll immediately benefit from our reputation for excellence.
Additionally, you’ll be able to offer a concierge suite of services that has been crafted to meet the many unique needs of seniors everywhere. From companionship care to light housekeeping services to overnight care and more, you’ll quickly become the go-to source in your community for the expert, compassionate, and respectful attention seniors deserve. All this is backed by our unwavering and ongoing support that will have you feeling confident in your abilities to grow your business while meeting the needs of your community.
The senior care industry is truly unique; it allows those who are in it to make meaningful contributions to society while, at the same time, build a rewarding and potentially profitable career. Are you ready to become part of it?
To find out more about the ways in which the Baby Boomer generation is impacting senior home care services and to learn more about our franchise opportunities, reach out to the Executive Home Care team today!