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Many people in Uk and in Greater Manchester area are turning 65 each day this year, and the senior population is expected to be around 11 million by the end of this year. By 2025, that number is expected to grow to nearly 23 million.
These are pretty astounding numbers, and for some businesses, they provide big business opportunities.
“There are certainly good companies out there, but with the aging baby boomers, people with disabilities, new moms, people coming out procedures or physical therapy – we see and know there’s a real increasing need out there to create a provider that really has high brand awareness and really has a high culture of care,” “We see health-care reform actually as being a generator, an accelerator, for the need to our services. It’s helping to raise awareness.”
Plus, home care is typically cheaper and tends to bring more personalized service.
The recession is also serving as a boom to home health care franchises. Many laid-off or unemployed workers – particularly those nearing retirement – see getting into this business as a way to change careers, doing something in which they can give back in the later years of their life.
“A lot of people are saying, ‘I don’t want to go through a layoff again. I want to be in control of my destiny. I want to be my own boss. I want to give back to the community,’” an official said. “Those are all additional factors fueling our growth.”
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Thanks for sharing this post.It is true that seniors always prefer living at home it being cheaper and tending to bring more personalized service along with security,comfort and independence.
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