How Soon to Profitability With Your Senior Care Franchise?
There is no single answer, as each territory is unique and each owner brings different skills, teams and capital to the task. Area Representatives, or Field Support Office staff, will work with new owners on office set up and structure, P & L planning and tracking, business generation and most everything else associated with establishing the business, generating revenue and creating profit.
In the end, the timeline is a function of many things including the new owner’s personal goals, drive, networking and leadership skills.
We have a target of generating revenue within 90 days of formal classroom training, and have surpassed that goal with our local owners. Our local ‘pre-heating’ strategy has proven effective in generating the connections and contacts needed to jump-start a territory.
The best way to gather information on that question is through reviewing the Franchise Disclosure Document (FDD) and speaking with franchise owners during the Validation phase of the structured due diligence process.
As always, we look forward to the opportunity to discuss the details with you.
Are you interested in learning more about what it takes to be successful as a senior care franchise owner during the aging-in-place boom? Always Best Care is here to help you navigate the industry as one of our franchise owners! Download our FREE franchising ebook today to learn more and refer to our most recent Franchise Disclosure Document for important details.